The European Union will only offer Britain unique access to its vast single market if the U.K. agrees to stick to the bloc’s standards, European Commission President Ursula von der Leyen said Tuesday, dismissing British Prime Minister Boris Johnson’s idea of brokering a loose trade deal with the EU.
President Donald Trump’s $4.8 trillion budget proposal presented to Congress today boosts funds for the military and veterans and implements mandatory reforms for all agencies in an attempt to cut the deficit by $4.6 trillion over the next decade.
A High Court in Pakistan has judged that Muslim men may marry underage Christian girls as long as they have had their first menstrual cycle, contravening an earlier law that forbade marriage for any girl under the age of 18 in the face of widespread abductions.
The Trump administration is reportedly considering a novel source of leverage against the European Union in seeking a trade deal: ‘carousel’ retaliation, meaning tariffs applied to a shifting set of products.
China cut tariffs on $75 billion of U.S. imports including soybeans, pork and auto parts Thursday in a trade truce with Washington while Beijing struggles with a costly virus outbreak.
The U.S. trade deficit fell for the first time in six years in 2019 as President Donald Trump hammered China with import taxes.
The fact that the European Union will insist on a level playing field in its future relations with the United Kingdom should come as ‘no surprise’ to the UK, said the EU’s chief negotiator, Michel Barnier, in Brussels.
President Trump signed a new trade deal with Mexico and Canada on Wednesday. The new U.S.-Mexico-Canada Agreement (USMCA) replaces the North America Free Trade Agreement (NAFTA).
President Donald Trump will hold a signing ceremony for the U.S.-Mexico-Canada trade agreement on Wednesday, according to the White House.
Prime Minister Justin Trudeau said Tuesday Canada will move next week to formally approve the new North American trade agreement.
President Donald Trump told reporters on the sidelines of the World Economic Forum in Switzerland that if an expected trade deal with the European Union falls through, he would press ahead with tariffs on European cars.
Israel and the United Kingdom are building a ‘new strategic relationship’ driven by soaring bilateral trade and deepening ties in various sectors, according to a new report.
U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.
Iran accused European governments Thursday of sacrificing a troubled 2015 nuclear deal to avoid trade reprisals from US President Donald Trump, who has spent nearly two years trying to scupper the agreement.
The Senate approved President Trump’s rewrite of the North American trade deal Thursday, handing him a second trade victory in as many days while he fights to remain in office.
China will boost spending on U.S. products in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies on Wednesday, defusing an 18-month row but leaving numerous thorny issues unresolved.
The U.S.-China trade war is set to enter a new, quieter phase on Wednesday as U.S. President Donald Trump and Chinese Vice Premier Liu He sign an initial trade deal that aims to vastly increase Chinese purchases of U.S. manufactured products, agricultural goods, energy, and services.
U.S. President Donald Trump, who announced last month that the Phase 1 trade deal with China would be signed on Jan. 15, said on Thursday the agreement could be signed ‘shortly thereafter.’
The presidents of Turkey and Russia inaugurated the dual natural gas line connecting their countries Wednesday, opening up a new export path for Russian gas into Turkey and Europe and promising cooperation in trade and diplomacy.
The U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years.