Thursday, 27 February 2020

Tag Archives: trade deal

China warns US over Uighur bill, raising doubts over trade deal

BEIJING/WASHINGTON: China warned that US legislation calling for a tougher response to Beijing’s treatment of its Uighur Muslim minority will affect bilateral cooperation, clouding prospects for a near-term deal to end a trade war. Expectations of a quick deal had receded already, after US President Donald Trump said on Tuesday ...

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First phase of US-China trade deal ‘nearly complete’

WASHINGTON: US president Donald Trump declared that talks with China on the first phase of a trade deal were near completion after negotiators from both sides spoke by phone, signalling progress on an accord in the works for nearly two years. “We’re in the final throes of a very important ...

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Britain, South Korea sign Brexit trade deal

LONDON: Britain and South Korea on Thursday signed a deal that will allow the two countries to keep trading freely after Brexit. The deal rolls over existing provisions under an EU trade deal and protects annual bilateral trade flows worth £14.6 billion (16 billion euros, $17.7 billion) in 2018. The ...

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Boris Johnson says reaching trade deal with US will be ‘tough old haggle’

LONDON: The announcement comes as the newly-appointed PM met at Downing street on Monday with US National Security Advisor John Bolton and senior British officials, where the two sides discussed inking a UK-US trade agreement following London’s departure from the European Union, among other issues. UK prime minister Boris Johnson said that forging a trade deal with the ...

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Vietnam, EU sign landmark free trade deal

HANOI: The European Union signed a landmark free trade deal with Vietnam on Sunday, the first of its kind with a developing country in Asia, paving the way for tariff reductions on 99% of goods between the trading bloc and Southeast Asian country. European Commissioner for Trade Cecilia Malmstrom, Romania’s ...

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Oil rallies on hopes for Washington-Beijing trade deal

SYDNEY: U.S. oil prices rose on renewed optimism that a trade deal between Washington and Beijing could be struck, as investors have been fearing that a protracted tariff war would harm global economic growth. Brent crude futures were at $70.85 a barrel at 0021 GMT, up 48 cents, or 0.7 ...

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US ambassador to UK Johnson warns on trade deal

NEW YORK: Donald Trump’s offer of a “quick, massive, bilateral trade deal” will not be possible if Theresa May’s EU withdrawal agreement is approved, the US ambassador to the UK has warned. President Trump had previously said her Brexit proposal sounded like a “great deal for the EU”. Woody Johnson ...

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EU-Japan deal to come into force in February

BRUSSELS-Sputnik: The trade agreement between the European Union and Japan will come into effect in February 2019, European Commission Spokesperson for Trade and Agriculture Daniel Rosario said in his twitter account on Wednesday. “EU-Japan trade agreement on track to enter into force in February,” Rosario said. The trade agreement between ...

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Trump agrees to reach trade deal with China in 90 days

WASHINGTON: US President Donald Trump in a tweet said he agrees with a statement issued by China expressing full confidence that a trade deal between the two countries can be reached within the next 90 days. Statement from China: ‘The teams of both sides are now having smooth communications and good cooperation ...

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