The CEO of Taiwanese company Foxconn, a supplier of smartphone components for Apple, on Tuesday described India as a “bright spot for development” and said his company is planning “further investments” there, once the coronavirus pandemic is no longer a major factor in operations.
The United States Trade Representative, Robert Lighthizer, has warned that it will be “almost impossible” for the United Kingdom to secure a finalised trade deal with President Donald Trump before the U.S. election in November.
The European Union’s chief Brexit negotiator, Michel Barnier, threatened that if the United Kingdom does not capitulate to “more realistic demands” then the EU will forgo further negotiations in favour of a no-deal Brexit.
In a scathing letter to Brussels bureaucrat Michel Barnier, David Frost criticised the European Union’s offer of a “low-quality trade agreement” which contains provisions that no “democratic country could sign”.
The government has announced the UK Global Tariff structures which will replace the EU-enforced Common External Tariff once the country leaves Brussels’ institutions at the end of this year, meaning that items like dishwashers will be cheaper but British industries like car manufacturing and farming will be protected.
BRUSSELS (AP) – Talks between the European Union and the United Kingdom on their post-Brexit relationship ground to a near-standstill Friday, with each side accusing the other of blocking progress on a trade deal just weeks before a crucial summit.
More than twenty Conservative parliamentarians have written to Boris Johnson’s trade secretary urging action to reduce Britain’s “dangerous” dependence on China, after a report revealed the country relies on the Communist-led dictatorship for many vital supplies.
The traditionally left-wing Australian Workers’ Union (AWU) has put partisan politics to one side and joined calls for China’s efforts at global supremecy to be defeated. It wants a “trade NATO” bloc powerful enough to take on “China’s preferred approach of bilateral bullying” as a preferred means of keeping free trade a reality.
The world´s biggest shipping company said it expects its transport volumes to drop by up to 25% as the world economy slides to recession,
China slapped an import ban on four Australian abattoirs Tuesday in an escalation of Beijing’s warning of a consumer boycott in retaliation for Canberra’s push for an independent coronavirus probe. The ban comes just days after China flagged plans to slap an 80 per cent tariff on Australian barley, bringing the trade to its knees.
As the United States faces meat shortages in the wake of the coronavirus, exports of pork and other proteins to China have soared.
Republicans will be punished if they fail to hold China accountable for negligence in the coronavirus outbreak, said Rep. Jim Banks.
China’s dishonesty could lead to a reassessment of how vital the regime should be to the prosperity of Western democracies, Mr Farage said.
The coronavirus pandemic provides an opportunity to restore American manufacturing and China should be held accountable for the crisis, said Louisiana Attorney General Jeff Landry on Wednesday’s edition of SiriusXM’s Breitbart News Daily with host Alex Marlow.
There are many factors in Bernie Sanders’ defeat in Michigan on Tuesday, but one of them is likely that Sanders could not run on trade policy in 2020 as he did in 2016 — because President Donald Trump took it off the table.
Former Conservative Party leader and Cabinet minister Sir Iain Duncan Smith believes the European Union is “panicking” as the “transition” period Brexit negotiations get underway, and that Britain holds “the whip hand”.
India will buy $3 billion worth of military equipment, including attack helicopters, U.S. President Donald Trump confirmed Tuesday, in further evidence of deepening ties between the two countries acting as a counterbalance to the rising weight of China in the region.
President Donald Trump addressed an enormous cheering crowd with Indian Prime Minister Narendra Modi in India on Monday, praising his host country’s progress and economic success.
TEL AVIV – Israeli businesses appealed to the government to set up a “financial safety net” for enterprises negatively impacted by the coronavirus outbreak, an industry representative body said.
The British government has challenged the European Union’s “posturing” on a potential trade deal at the end of the 2020 Brexit “transition” and baited its chief negotiator on Twitter.
Johnson “loves China”, is supports its imperialist Belt and Road project, details of a call between him and Chaiman Xi claims.
China is a critical hub for global supply chains, raising the prospect of a broader economic disruption.
What a future trade deal should look like will leave the UK and EU ripping each other apart at the negotiating table, according to claims.
Prime Minister Boris Johnson is said to be putting the UK’s future trade deals at risk by delaying international trips.
Defying widespread predictions that higher tariffs on Chinese televisions would push up prices, prices keep falling.
The government has said that 2019 was a “record-breaking” year for British exports, with a 13.6 per cent increase in exports to non-EU countries on the year before while the trade deficit with the European Union has widened.
A Downing Street spokesman has confirmed that “work is underway” on planning Prime Minister Boris Johnson’s proposed bridge linking Great Britain with Northern Ireland.
Consumers are set to benefit from the government’s plan to slash tariffs on goods from the United States and other countries after the UK comes out of the transition period in December 2020.
The move reduces the cost for Chinese importers of U.S. goods but is largely symbolic.
The trade deficit with China fell to the lowest level since 2014 as tariffs were hiked last year. |
Trump said he had promised to confront China over the theft of jobs. Now, after 18 months of trade war, progress has begun.
Boris Johnson equated claims that Britain’s NHS is for sale with conspiracy theories like Elvis being alive on Mars in a Brexit trade speech.
The president spoke from the heart, during a speech promoting the deal, noting that it was one of his lifetime goals to fix lousy trade deals in the United States.
“They’re going to make a deal, because they have to. They have to. They have no choice,” Trump said in Davos.
President Trump has condemned the EU’s protectionism, remarking Boris Johnson had “guts” in taking on the continental power bloc.
President Donald Trump celebrated the restoration of the American dream on Tuesday, trumpeting the success of economic nationalism in front of the global elites at the World Economic Forum (WEF) at Davos.
President Donald Trump told the World Economic Forum Tuesday that the United States is living in the midst of a massive “blue-collar boom” that is targeting the lower classes.
President Donald Trump celebrated his successful trade deals with China, Mexico, and Canada on Sunday, appearing at the American Farm Bureau Federation convention in Texas.
As it turns out, Breitbart has been right all along. Tariffs did not squeeze American consumers.
“It’s useful now to see that we’re finally cracking down on those things,” Navarro said. “Good for this president.”
