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Trade News

Ireland seeks post-Brexit plain sailing with direct shipping to EU

Dublin - Ireland has ramped up direct shipping routes to mainland Europe since the end of the Brexit transition period, seeking new passages to the EU bypassing freight jams feared at UK borders.

All quiet on cross-Channel front as new era opens in Dover

Dover - As dawn broke Friday over Dover, Britain's trading gateway to the European Union, the first ferry sailings to and from France of the new post-Brexit era left without delay or drama in holiday-thinned traffic.

After EU, what's next for 'Global Britain'?

London - A brave new world or a dangerous leap into the unknown? After nearly 50 years of integration with Europe, Britain starts an uncertain new chapter on January 1.- What changes on January 1?

US imposes new tariffs on French, German products in Airbus-Boeing spat

Washington - The United States announced Wednesday that it will impose additional tariffs on French and German products as part of a long-running dispute over subsidies for aircraft manufacturers Airbus and Boeing.

EU clears way for China investment pact

Apo - EU member states gave political backing to Brussels' planned investment pact with China on Monday, clearing the way for a deal between the world's biggest economic blocs.

EU clears way for China investment pact

Apo - EU member states gave political backing to Brussels' planned investment pact with China on Monday, clearing the way for a deal between the world's biggest economic blocs.

Australian lobster sector claws back trade after China ban

Fremantle - Even in the scorching Australian summer sun, long queues of customers snake around Fremantle harbour -- a soothing sight for beleaguered local fishermen trying to replace lost business with China.

European businesses hopeful of China-EU investment deal

Beijing - European businesses in China are hopeful of an EU-China investment deal by end of the year, the head of the European Chamber of Commerce in China said on Saturday, although Beijing has declined to commit to a deadline.

Britain and EU release full text of post-Brexit trade deal

London - Britain and the European Union on Saturday published the full text of the post-Brexit trade agreement aimed at governing their relationship when the UK definitively leaves the bloc's single market in just five days.

Britain and EU release full text of post-Brexit trade deal

London - Britain and the European Union on Saturday published the full text of the post-Brexit trade agreement aimed at governing their relationship when the UK definitively leaves the bloc's single market in just five days.

Millions facing winter power shortages in China as coal supply squeezed

Bejing - Tens of millions across China are facing power shortages in below-freezing winter temperatures, as three provinces impose curbs on electricity use due to surging demand and a squeezed coal supply.

Brexit talks flirt with failure as new deadline blown

Apo - EU and UK trade talks inched onwards under renewed pressure Monday as transport chaos triggered by the emergence of a more contagious variant of the coronavirus in Britain overshadowed efforts to reach a Brexit deal.

US accuses Switzerland, Vietnam of manipulating currency

Washington - The US Treasury on Wednesday accused Switzerland and Vietnam of manipulating their currencies, partly to gain a trade advantage over American exports.

Australia takes China to WTO as trade war deepens

Sydney - Australia called Wednesday for the World Trade Organization to investigate Chinese tariffs on barley imports, turning to an "independent umpire" to adjudicate one of several bitter politically tinged disputes between the two nations.

Australia says China coal ban would be clear WTO breach

Sydney - Australia on Tuesday decried China's reported ban on its coal exports as an obvious breach of World Trade Organisation rules, as tensions between the two countries flared again.

'Distrust' of Brazil stalling EU-Mercosur trade deal: official

Rio De Janeiro - Distrust in Europe of Brazilian President Jair Bolsonaro's government is holding up ratification of a trade deal between the European Union and Mercosur, the EU ambassador to Brasilia said.

Shortages, jams and shutdowns: UK readies for Brexit 'no-deal' chaos

London - Food shortages, tailbacks and congested ports: as talks with Brussels remain unresolved three weeks before leaving the EU single market, the UK is preparing for a chaotic "no-deal".

Brexit trade talks on line as time runs out

Apo - Hopes of an imminent breakthrough in post-Brexit trade talks between the EU and UK faded Monday, despite diplomats warning that any deal must be found before this week's European summit.

Chipping forecast: Ireland fears Brexit blight on spud supply

Dublin - In Dublin's oldest chip shop, a pile of British potatoes plunges into a scalding vat of amber oil and under its roiling surface, everyday alchemy creates a cherished deep-fried treat.

China's 'shadow trade war' threatens Australia

Sydney - Biting new Chinese trade tariffs have stoked fears that Australia's virus-weakened economy is being targeted for political retribution and the two countries may be sliding into a shadow trade war.

China imposes anti-dumping measures on Australian wine

Bejing - China on Friday said it would impose anti-dumping tariffs on Australian wine, the latest salvo in an increasingly terse standoff between the two that has worsened since Canberra called for an inquiry into the origins of Covid-19.

China imposes anti-dumping measures on Australian wine

Bejing - China on Friday said it would impose anti-dumping measures on Australian wine, in a further ramping up of tensions between Beijing and Canberra.

Australian PM rebuffs Chinese grievance list

Canberra - Australia will not bow to pressure from China, Prime Minister Scott Morrison insisted on Thursday after Beijing released a laundry list of complaints about the country.

Post-Brexit talks enter crunch week with failure looming

Apo - British and EU negotiators launched a desperate final stretch of trade talks Sunday, with both sides determined not to give ground, despite the looming threat of failure.

World's largest free trade agreement signed in coup for China

Hanoi - Fifteen Asia-Pacific countries on Sunday signed the world's biggest free trade deal, seen as a huge coup for China in extending its influence.

Huge China-backed trade pact to be signed at Southeast Asian summit

Vietnam - Fifteen Asia-Pacific nations are set to sign an enormous free trade deal at an online summit that started Thursday, with the pact seen as a coup for China in extending its influence across the region.

India-crewed ships with Australian coal stuck at Chinese ports: union

New Delhi - Two Indian-crewed merchant ships carrying Australian coal have been stuck at Chinese ports for several months, union officials said Wednesday, with the sailors becoming the latest casualties of escalating tensions between Canberra and Beijing.

Chain reaction: virus darkens future of Albania's chromium miners

Bulqiz - With mountains of chromite piling sky high on the docks of the port behind him in the Albanian city of Durres, logistics manager Henri Kurti explains the hold up.

With Biden, Europe hopes for friendlier trade

Paris - The final votes have yet to be tallied in the United States but European exporters are already excited about the prospect that Joe Biden may put an end to a trade war and lift US tariffs on their products.

UK faces 'significant disruption' from Brexit: govt watchdog

London - Government failures to prepare for Brexit mean the UK faces "significant disruption" when it is fully free of the European Union on January 1, an official watchdog said Friday.
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Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against...
Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against the New Orleans Pelicans at The Palace of Auburn Hills. New Orleans won 103-101. Jan. 24, 2014
With permission by Reuters / Tim Fuller-USA Today
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Demetrios Marantis, US Deputy Trade Representative, speaks at the US-Africa Trade Press Conference held at the World Economic Forum on Africa 2009 in Cape Town, South Africa
World Economic Forum
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The new free trade area in Africa will create a market with a population of 625 mn and gross domestic product of more than $1 tn
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Cape Espenberg
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Varieties of soybeans (Glycine max).
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Trade routes between Asia and Alaska
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Wikimedia Commons
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A man hawks coffee beans on a wooden bike in a stadium in Kampala, Uganda on September 20, 2010.
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Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
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Premier Wynne talks with Senator Gary Peters about trade policy.
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