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News about International trade:

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    The Biden administration said Wednesday it will impose new tariffs on the United Kingdom and five other countries in retaliation for their taxes on American tech companies, but the government will not implement the tariffs for six months as it tries to negotiate a resolution to the conflict. The Office of the U.S. Trade Representative...
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    DENVER (CBS4) – The city of Denver and the Australian State of New South Wales signed an agreement on Tuesday establishing a City2State Business Welcome Program. The agreement is the first to be signed between a city and a state. The City2State program aims to promote international trade and investment. Denver Mayor Michael Hancock joined...
    US Trade Representative Katherine Tai said in a statement “the suspension of all US engagement with Burma under the 2013 Trade and Investment Framework Agreement with immediate effect.” “This suspension will remain in effect until the return of a democratically elected government,” the statement said. The Burmese army, which overthrew civilian head of...
    One of the world’s largest cargo ships was turned sideways by strong wind gusts, causing all maritime traffic in the Suez Canal to be halted Tuesday, The Associated Press reported. The MV Ever Given, a trade ship that operates between Asia and Europe, became trapped due to strong winds as it entered the canal from...
    Maalouf Ashford & Talbot Maalouf Ashford & Talbot Named Law Firm of the Year for 2021 in 13 Countries and in Multiple Categories Maalouf Ashford & Talbot Named Law Firm of the Year for 2021 in 13 Countries and in Multiple Categories NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Maalouf...
    By William James LONDON (Reuters) - Britain's push to reinvent its role on the world stage after Brexit must begin with strengthening the union between its home nations, Prime Minister Boris Johnson said on Sunday, promising to spread investment across the country. The government will on Tuesday publish a long-awaited review of foreign policy, defence,...
    New money coming into the state, including federal stimulus and disaster recovery dollars, could help Louisiana seize an opportunity to be more competitive in international trade, a legislative subcommittee heard Thursday. “We’re not doing as much as we could be doing,” said Greg Rusovich, CEO of New Orleans-based Transoceanic Development and chairman of the...
    CAIRO (Reuters) - The Saudi cabinet said on Tuesday two "terrorist attempts" targetting a port and a residential neighbourhood were a blatant violation of international laws and norms that were also aimed at the world economy, state news agency SPA reported. Yemen's Houthi forces fired drones and missiles at the heart of the Saudi oil...
    By PAUL WISEMAN, AP Economics Writer WASHINGTON (AP) — President Joe Biden's pick to be the top U.S. trade envoy is promising to work with America's allies to combat China's aggressive trade policies, indicating a break from the Trump administration's go-it-alone approach. In a written testimony for her confirmation hearing Thursday before the Senate Finance...
    By DAVID McHUGH, AP Business Writer FRANKFURT, Germany (AP) — Nigeria's Ngozi Okonjo-Iweala was appointed Monday to head the leading international trade body as it seeks to to resolve disagreements over how it decides cases involving billions in sales and thousands of jobs. Okonjo-Iweala was appointed as director-general of the World Trade Organization by representatives...
    FRANKFURT, Germany (AP) — Nigeria’s Ngozi Okonjo-Iweala was appointed Monday to head the leading international trade body as it seeks to to resolve disagreements over how it decides cases involving billions in sales and thousands of jobs. Okonjo-Iweala was appointed as director-general of the World Trade Organization by representatives of the 164 member countries, according...
    BERLIN (Reuters) - Europe and the United States should strengthen transatlantic ties with a trade deal to abolish tariffs and a WTO reform to increase pressure on China to play by international rules, Germany's transatlantic coordinator Peter Beyer told Reuters. "After the difficult years under Donald Trump, Germany and Europe now have a historic chance...
    Loading the player... Ngozi Okonjo-Iweala, an economist and former finance minister of Nigeria, has become the first woman and the first African to lead the World Trade Organization.  Okonjo-Iweala was tapped for the position after South Korea’s trade minister Yoo Myung-hee — whom the Trump administration supported — announced on Friday her decision to...
    Key Companies Covered in the Europe Underfloor Heating Market Research Report Are Uponor Corporation, Danfoss, Siemens, Honeywell International Inc., nVent, Mitsubishi Electric Corporation, Emerson Electric Co., Warmup and others key market players. New York, Feb. 02, 2021 (GLOBE NEWSWIRE) — Owing to the COVID-19 pandemic, restrictions on international trade and travel were imposed to limit...
    FRANKFURT, Germany (AP) — An international debate over how countries tax big U.S. technology companies such as Google, Amazon and Facebook is heating up, presenting a challenge for new President Joe Biden’s administration. There’s a mid-year deadline for talks on a global deal that aims to defuse trade disputes with France and other countries...
    VIDEO11:2711:27International investing surges to start the year. What's ahead in 2021ETF Edge This could be the year for international investments. Foreign equities have the opportunity to outperform U.S. stocks in 2021, three market analysts said Thursday. Developed and emerging markets are so far outpacing the S&P 500 year to date, with China in the lead:Global...
    More On: china Biden inauguration refunds donation from ex-Sen. Boxer China passed new rules to push back against Trump order China denies coercive birth control measures in Xinjiang Tesla will soon reportedly design cars that appeal to Chinese tastes Running for president has already cost Joe Biden at least one friend. Back in the...
    TAIPEI (Reuters) - A heated debate in Taiwan about U.S. pork imports has been "needlessly politicised" as all U.S. food exports are safe, Washington's de-facto embassy in Taipei said on Monday, ahead of two days of planned protests later in the week. President Tsai Ing-wen's decision in August to allow imports of U.S. pork containing...
    LONDON (Reuters) - Prime Minister Boris Johnson will chair an emergency response meeting on Monday to discuss international travel, in particular the flow of freight in and out of Britain, a spokeswoman for his office said on Sunday. Earlier on Sunday, several European countries began closing their doors to travellers from Britain after the country...
    Walmart announced on Monday that it will triple the value of goods imported from India to the United States by 2027, a pivot away from Chinese suppliers that will add up to $10 billion per year. “As an international retailer that brings value to customers and communities worldwide, Walmart understands that local entrepreneurs and manufacturers...
    LONDON (Reuters) - Britain said on Tuesday it would pull clauses in a draft law that breach the Brexit Withdrawal Agreement after it clinched a deal with the European Union over implementing of the treaty. Michael Gove, one of Prime Minister Boris Johnson's most senior ministers, announced an "agreement in principle on all issues, in...
    LONDON (Reuters) - Legislation that breaks Britain's Brexit withdrawal treaty will be debated in parliament next week, House of Commons Leader Jacob Rees-Mogg said on Thursday, a move which could further undermine talks on a trade deal with the European Union. Britain's upper house of parliament voted last month to remove clauses in the Internal...
    PARIS (Reuters) - French Finance Minister Bruno Le Maire said he would press the new Biden administration in his first contacts with them on Monday to quickly back an overhaul of international taxation of digital companies. "I really hope that this new Biden administration will mean a new start in the relationship between Europe and...
    Chinese President Xi Jinping (R) shake hands with U.S Vice President Joe Biden (L) inside the Great Hall of the People on December 4, 2013 in Beijing, China.Getty Images Woody Allen once famously said, "Eighty percent of success is showing up." No advice is more important for President-elected Joe Biden as he maps his strategy...
    By SYLVIA HUI, Associated Press LONDON (AP) — The U.K.’s chief Brexit negotiator said Sunday before renewed talks that a trade deal with the European Union may not succeed, but he was still hopeful of a resolution. Arriving in Brussels, David Frost tweeted that “there has been some progress in a positive direction in recent...
    LONDON (Reuters) - Prime Minister Boris Johnson is expected to suffer a heavy defeat in parliament's upper chamber on Monday over laws allowing him to breach Britain's EU exit treaty - a proposal which has been criticised by U.S. president elect Joe Biden. The Internal Market Bill is designed to protect trade between Britain four...
    BRUSSELS (AP) — The European Union pressed ahead Monday with plans to impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing. EU trade ministers were discussing the move at a videoconference, after international arbitrators last month gave the world’s biggest...
    Democrat presidential candidate Joe Biden is promising to return the United States to a globalized economic model, suggesting that the fate of U.S. tariffs on China will depend on what Europe and Canada’s leaders want. For years now, President Donald Trump has followed through on his commitment to impose tariffs on foreign imports to boost...
    CAIRO (AP) — Sudanese and Israeli officials will meet in the coming weeks to discuss a package of cooperation deals to “achieve the mutual interests of the two peoples,” Sudan’s Foreign Ministry said Sunday. The ministry statement came three days after President Donald Trump announced that Sudan would start normalizing ties with Israel. The statement...
    By Josh Smith SEOUL (Reuters) - A U.N. human rights official has called on the international community to urgently consider lifting sanctions on North Korea that may be worsening problems from its coronavirus lockdown, according to a draft report released on Thursday. North Korea, which has not reported any confirmed infections, has been subjected to...
    The Georgia Department of Economic Development (GDEcD) announced recently that it has been awarded a grant of more than $162,000 from the U.S. Small Business Administration under the State Trade Expansion Program (STEP) to bolster export assistance to small businesses. These funds will officially launch...
    BRUSSELS (Reuters) - Germany's Europe Minister Michael Roth urged Britain on Tuesday to drop plans for a bill that would break the country's obligations to the European Union under its withdrawal treaty as time was running out to clinch an EU-Britain trade deal. Speaking to reporters ahead of a meeting of EU ministers in Brussels...
    Tim Graham/Getty Images LONDON — The U.K.'s Foreign Secretary Dominic Raab is in Washington Wednesday to meet with Secretary of State Mike Pompeo and House Speaker Nancy Pelosi, among other senior officials, as Britain seeks to reassure its U.S. partners on Brexit negotiations. The visit comes after the U.K. government dropped a Brexit bombshell last week,...
    US President Donald Trump and Chinas Vice Premier Liu He, the country's top trade negotiator, hold a press conference before they sign a trade agreement with the US and China during a ceremony in the East Room of the White House in Washington, DC on January 15, 2020.Saul Loeb | AFP | Getty Images NEW...
    In South Korea alone, two million dogs are slaughtered a year for their meat. The dogs, some of which are bred for consumption with others are captured homeless dogs or even stolen pets, live a miserable existence in farms that closely mirror the horrific existence animals experience in factory farms. Dogs spend their lives trapped in small,...
    (CNN)Rep. Nancy Pelosi, Speaker of the United States House of Representatives, has warned that Britain will be unable to secure a trade deal with the US if it does anything to undermine the treaty that brought peace to Northern Ireland after decades of violence."If the UK violates that international treaty and Brexit undermines the Good...
    U.K. Prime Minister Boris Johnson is trying to shake up the trade talks that are a part of his country’s Brexit negotiations. But the latest move by the Conservative government could have the side effect of damaging relations with a new U.S. president before he’s even in the White House — and scupper the chances...
    Boris Johnson has told Irish Prime Minister Sky News that “confidence has been eroded” and “tensions have been created” as a result of the move to violate parts of his Brexit agreement with the European Union. Michael Martin told Irish correspondent Stephen Murphy in a phone call that he had recorded Dublin’s “deep disappointment” at...
    United Kingdom government ministers on Wednesday published a draft version of the controversial “Internal Market Bill,” which admittedly in practice would break international law by overriding parts of Brexit’s withdrawal agreement from the European Union. “The Withdrawal Agreement was concluded and ratified by both sides, it has to be applied in full,” President of...
    London (CNN)Britain's internal battle over Brexit has reached a new low. Ahead of a crucial round of talks between London and Brussels over the future trading relationship between the UK and the European Union, the British government made a startling admission: That it would be prepared to break the terms of an international treaty.The threat...
    BRUSSELS, Sept 7 (Reuters) – Britain’s reported plans to override parts of its Brexit divorce agreement with the EU would amount to “a desperate and ultimately self-defeating strategy”, a diplomat with the bloc said on Monday. Talks on a new relationship from 2021 between the estranged allies plunged into a fresh crisis on Monday after...
    BOSTON (CBS) — The Red Sox traded Kevin Pillar just ahead of Monday’s MLB trade deadline, sending the slick-fielding outfielder to the Colorado Rockies. Boston is sending Pillar and cash to Colorado, receiving a player to be named later and international bonus pool money in return, according to MLB.com’s Mark Feinsand. The Rockies are acquiring...
    By: KDKA-TV News Staff PITTSBURGH (KDKA) — The Pittsburgh Pirates announced today they have traded outfielder Jarrod Dyson to the Chicago White Sox. Trade: We have traded Jarrod Dyson to the Chicago White Sox. In exchange, the Pirates will receive an additional capacity in the 2019-2020 International Signing Bonus Pool. — Pirates (@Pirates) August...
    On August 5, FOUR PAWS, a global animal welfare organization, shut down a dog meat slaughterhouse in the Kampong Thom Province of Cambodia, a critical step in ending the trade in dog meat in the country. Buth Pith and his wife Khath Hach, owners of the canine slaughterhouse, were persuaded to shut down after the animal...
    The US International Trade Commission says it has launched an investigation into whether certain Apple mobile devices and laptops have infringed patents held by Japan's tech firm Maxell.  The commission announced the Section 337 investigation on Wednesday following allegations made by the Japanese consumer electronics company last month.  In seeking the ITC probe, Maxell has...
    London (CNN Business)Europe's plan to raise billions each year for coronavirus relief by charging ships for their pollution could inflame trade tensions at the worst moment for the global economy and set back efforts to tackle the climate crisis. The European Commission is proposing to extend its Emissions Trading System (ETS) to shipping as one...
    HARRISON, N.J. (AP) — The New York Red Bulls on Thursday traded midfielder Alex Muyl to Nashville SC for an an international roster spot through the end of 2021. The Red Bulls said they could also receive an additional $50,000 in general allocation money in 2021 based on Muyl’s play. A member of the Red...
    BEIJING, Aug 12 (.) – China will step up its policies to support foreign trade and foreign investment amid the global spread of the novel coronavirus and the contraction of the global economy, the cabinet said on Wednesday. The government will provide financial support to key foreign-funded firms and expand export credit to smaller foreign...
    stilton A post-Brexit trade deal between the UK and Japan may have met an unlikely obstacle – stilton cheese. On Friday, the two sides said they hoped to agree the details of a post-Brexit trade agreement by the end of the month. But progress has reportedly been blown off course after International Trade Secretary...
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