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Trade trouble as Trumps’s beef with the EU hots up
Donald Trump latest confrontation is brewing this time against allies, the European Union. Trump and his administration have threatened to slap a 100 percent tariff on some of the continent’s most iconic products. Trade war likely...
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Executive orders
Dan Ujczo, international trade and customs lawyer, Dickinson Wright, on Trump's latest moves on trade
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Canada supports trilateral talks for renegotiating NAFTA
Canada has rejected the idea of separate negotiations with the United States over NAFTA – the North American Free Trade Agreement. President Donald Trump wants to renegotiate the deal between the US, Canada and Mexico and has hinted he...
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G20 finance chiefs fail to renew anti-protectionist pledge after US opposition
G20 finance chiefs meeting in Germany on Saturday have failed to renew a pledge to bolster free trade. Holding their annual talks in the rain sodden spa town of Baden Baden, the world’s biggest economies dropped a long-standing...
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China’s exports and imports surge
China trade figures were much stronger than expected in January as demand picked up at home and abroad. It was an encouraging start to the year for the world’s largest trading nation even as Asia braces for a rise in US protectionism...
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China’s warning over protectionism: don’t lock yourself in a dark room
All eyes were on the Chinese President’s address at the World Economic Forum in Davos, as he gave a vigorous defence of free trade. In the first ever speech by a Chinese leader at the annual gathering, Xi Jinping warned against...
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Germany and EU urged to take advantage of US protectionism
Germany is looking to take advantage of trade opportunities in Asia and South America from the United States turning protectionist. After President Donald Trump withdrew the US from the Trans-Pacific Partnership trade deal, Germany’s...
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Canada’s Trudeau talks trade
Responding to the new US protectionist president Canada’s Prime Minister Justin Trudeau has said he will continue to emphasise the strong historical trade ties between the two countries. Donald Trump wants to renegotiate the North...
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German business morale weakens, but is Trump to blame?
German businesses are gloomier this month. A regular survey of some 7,000 firms in Europe’s largest economy showed morale unexpectedly dropped. It was previously at its highest level in almost three years. Full details here The United...
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Trump administration ‘keen on fast trade deal with Britain’
Britain will reportedly be in the “front seat” to negotiate a new trade deal with the incoming administration of Donald Trump. That is according to a top Republican – Senate Foreign Relations Committee Chairman Bob Corker – quoted by the...
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Dismal year for Chinese exports as Beijing faces Trump trade threats
There was gloomy data from the world’s largest trading nation as Chinese exports fell last year with international demand for its goods weakening. That news comes amid fears of a trade war with the United States under the Trump...
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China stresses US mutual interests amid trade war fears
China has signalled it wants to avoid a trade war with the United States after President-elect Donald Trump named tough-talking Robert Lighthizer as his chief trade negotiator. When he worked for President Ronald Reagan in the 1980s,...
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Drywall tariff decision
Larry Herman represented a Canadian manufacturer in favour of tariffs on U.S drywall imported into Western Canada
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Oil extends gains ahead of OPEC talks
Oil prices extended gains for a second session running on Friday – fuelled by optimism that non-OPEC producers will agree to reduce output following a cartel agreement to limit production. Saudi Arabia and Iraq are set to supply full...
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Trump victory puts pressure on Mexico over NAFTA trade deal
Mexico is in turmoil as the government tries to work out what Donald Trump’s election victory will mean for its economy. Eighty percent of its exports go to the US and the president elect has threatened to tear up the North American Free...
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EU-US free trade talks ‘frozen’ after Trump election win
Brussels (AFP) – Talks on a vast free-trade deal between the EU and US are likely to be “frozen” for years after the stunning election victory of Donald Trump, the EU said on Friday. US president-elect Trump campaigned furiously on a...
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Wallonia premier urges fresh negotiations on EU-Canada free trade deal
Paul Magnette leads the regional government in Wallonia, the French-speaking region of Belgium, where the parliament has refused to provide its backing for the federal government’s move to approve the EU-Canada free trade deal. A region...
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Belgian region scuppers EU-Canada free trade deal
An EU-Canada free trade deal has been left hanging in the balance after talks between Canada and the regional government in Wallonia broke down. The French-speaking region of Belgium is doggedly opposing the pact. Under Belgium’s...
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US-Cuba trade trials continue despite Obama’s efforts
Two years after US President Barack Obama started moves to normalise relations with Cuba, his push for economic ties is showing few results. There is just a trickle of trade between the two countries and at Cuba’s biggest trade fair this...
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Germany clears the way for CETA
Germany’s Constitutional Court has cleared the way for the government to approve a trade accord between the EU and Canada. It boosts the agreement’s chances of passing an EU vote next week. What has happened? The court in Karlsruhe has...
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Europe’s last bastion against the CETA deal?
Is Wallonia one of Europe’s last bastions against a huge trade deal with Canada? The region of southern Belgium looks to set to block the CETA deal, which requires unanimous support from member states before it can be written into EU...
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EU warns Wallonia over Canada trade pact
The EU is stepping up the pressure on Belgium’s French-speaking region of Wallonia after its government refused to back a free trade deal with Canada. Belgium’s federal government supports the pact, it also needs the backing from all six...
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Thousands march in Brussels against free trade deals
Thousands of protesters have marched through Brussels to demonstrate against two planned free trade deals. The EU is set to finalise a trade pact with Canada, known as CETA, and it is holding ongoing talks with the United States over a...
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S&P cuts European Union’s credit rating
Standard & Poor’s has cut its long-term credit rating on the European Union to ‘AA’ from ‘AA+’. The ratings agency said it was doing that because of concerns about the unity of the bloc after Britain’s decision to leave. “Revenue...