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Trade News

US-China trade truce at risk as virus hits global economy

Bejing - A hard-won trade war truce between the US and China is at risk as the coronavirus pandemic rocks the global economy, making it tough for Beijing to fulfil its commitments.

EU Brexit chief warns of 'serious divergences' with UK

Apo - The EU's chief Brexit negotiator Michel Barnier on Thursday warned that major differences remain between Britain and Europe after a first round of trade talks ended in Brussels.

EU and UK begin talks on post-Brexit relationship

Apo - With Brexit "done" as far as London is concerned, UK and EU negotiators on Monday begin talks aimed at forging a future relationship -- while brandishing red lines that may yet prove to be irreconcilable.

Kenya bans controversial donkey slaughter trade

Nairobi - Kenya has decided to ban the slaughter of donkeys for use in Chinese medicine, a practice condemned by animal rights activists as cruel, unnecessary and devastating to donkey populations in Africa, a minister said on Thursday.

Coronavirus fears loom over giant US toy show

New York - There is no China Pavilion at this year's Toy Fair owing to the new coronavirus outbreak, and the travails of the world's second-biggest economy hang over the giant trade show.

Down to business for Trump in India

New Delhi - US President Donald Trump moves from sightseeing and speech-making to tough trade talks in India on Tuesday, as First Lady Melania visits a Delhi school to witness a "happiness class".

Praise, cheering crowds for Trump in India love fest

Ahmedabad - Emerging in a stadium to the appropriate strains of the Village People's "Macho Man" as 100,000 people cheered on, US President Donald Trump looked like he was at a campaign rally in America's Midwest.

Policeman killed in Delhi clash ahead of Trump arrival

New Delhi - A policeman was killed in New Delhi on Monday during violent clashes over a contentious citizenship law, hours before US President Donald Trump arrived in the Indian capital as part of a two-day visit.

EU envoys meet to seal Brexit talks red lines

Apo - EU envoys meet on Monday to finalise a negotiating mandate for Brexit trade talks with Britain, with France insisting on strict red lines to uphold European standards.

Trump hails 'exceptional' Modi at huge India rally

Ahmedabad - US President Donald Trump got a rapturous and romantic welcome to India on Monday, addressing a huge rally and holding hands with his wife at the Taj Mahal, in a maiden official visit big on photo opportunities but short on concrete results.

The US and India: areas of agreement and discord

Ahmedabad - Ever since Bill Clinton visited 20 years ago, India-US relations have warmed politically, economically and strategically. But niggling differences remain, particularly over trade.

Mega rally to kick off Trump's first official visit to India

Ahmedabad - Prime Minister Narendra Modi is set to welcome his US counterpart Donald Trump to India with a massive rally on Monday, kicking off a two-day visit likely to be more about pomp and ceremony than concrete agreements.

Walls, mud packs and monkey removal for Trump in India

Ahmedabad - US President Donald Trump makes his first official visit to India on Monday and work has been going on around the clock to spruce things up -- to the annoyance of some locals as well as monkeys.

India tempers Trump's hopes of 'millions' in welcome parade

Ahmedabad - It may be a misunderstanding, a translation error or his showman schtick, but Indian officials are tempering Donald Trump's expectations that millions of Indians will line up to welcome him next week -- by a matter of zeroes.

US economy solid, but virus could hit supplies: Fed's Clarida

Washington - The US economy is starting the year in a strong position but the virus outbreak in China has the potential to create drag, a top Federal Reserve official said Thursday.

Trump: Time to negotiate 'very seriously' with EU on trade

Washington - President Donald Trump said Monday the time has come to pursue trade negotiations with the European Union which he said imposes "incredible" barriers to US goods.

Olive oil 'for peace' in divided Cyprus

Nicosia - In a field bathed in winter light, Hasan Siber patiently harvests his olives. It's a common sight in Cyprus, but his "oil for peace" represents a rare glimmer of hope on the divided Mediterranean island.

Raab seeks 'ambitious' Japan-Britain trade deal

Tokyo - British Foreign Secretary Dominic Raab and his Japanese counterpart agreed Saturday to seek an "ambitious, high standard" trade accord matching Japan's agreement with the EU.

Johnson, Barnier trade blows over post-Brexit ties

London - Britain and the EU laid down Monday their red lines for post-Brexit trade talks, offering contrasting visions for their future relationship that raise the prospect of clashes to come.

EU turns page on Brexit and moves on to trade talks

Apo - A resolute European Union sought Friday to turn the page on Brexit and move on to negotiating a looser, less favourable trading relationship with its departing British partner.

Trump signs long-awaited North American trade deal

Washington - President Donald Trump on Wednesday signed the new USMCA North American trade pact with Canada and Mexico into law, pronouncing a "glorious future" for US industry.

Post-Brexit UK faces '3D chess game' in world trade

London - The day after Brexit, "Global Britain" was meant to regain the buccaneering spirit of imperial times past and adopt a new vision for foreign trade. Reality has proven messier.

London's 'City' is banking on wide appeal post Brexit

London - London's powerful "City" financial sector, facing reduced access to mainland European markets following Brexit, is banking on its global appeal to forge new ties and remain an international force.

Swan song: N.Ireland looks to post-Brexit future

Violin-maker Martin McClean carves amber wood and plucks at delicate strings in his studio in Northern Ireland, surrounded by stacks of slender glinting tools and precious timber.

Brazil's Bolsonaro in maiden India visit

New Delhi - Brazilian President Jair Bolsonaro arrived for his first official visit to India on Friday aiming to boost ties between the two stuttering BRICS economies and with fellow right-wing leader Narendra Modi.

From nanny-envy to an 'unsmoked mind': Five Davos highlights

Davos - The annual World Economic Forum wrapped up on Wednesday its third day, with the United States taking another pot shot at teen climate campaigner Greta Thunberg and a former Lebanese minister squirming in the Davos hot seat.

France, US agree to extend digital tax row talks

Paris - Presidents Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington's threat of sanctions against Paris, French officials said Tuesday.

France, US agree to extend digital tax row talks: French diplomat

Paris - Presidents Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington's threat of sanctions against Paris, a French diplomatic source said Monday.

Belgium region 'totally opposes' Mercosur trade pact

Apo - Belgium's southern Wallonia region, which briefly blocked an EU-Canada trade deal in 2016, said Monday it was "totally opposed" to Europe's new trade pact negotiated with South America's Mercosur grouping.

EU warns of WTO challenge if China-US deal creates 'distortions'

Bejing - The European Union will challenge the China-US trade agreement at the World Trade Organization if it creates "distortions" in the market that harm EU companies, the bloc's envoy to Beijing said Friday.
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The Silk Road extending from southern Europe through Egypt  Somalia  the Arabian Peninsula  Iran  Ce...
The Silk Road extending from southern Europe through Egypt, Somalia, the Arabian Peninsula, Iran, Central Asia, Pakistan, India, Java-Indonesia, and Vietnam til it reaches China. Land routes are red, water routes are blue. The Black Death originated in China and spread by way of the Silk Road. It reduced the world's population from an estimated 450 million to between 350 and 375 million in 1400.
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Premier Wynne talks with Senator Gary Peters about trade policy.
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President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at t...
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