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EU nears potential breakthrough on tougher China tariffs
EU countries are closing in on a deal that will enable them to slap higher tariffs on dumped Chinese goods. Reforms to introduce higher duty levels have long been opposed by a British-led blocking...
View ArticleObama and Merkel tell Trump not to ditch EU trade deal
U.S. President Barack Obama and German Chancellor Angela Merkel have called on president-elect Donald Trump not to give up on a transatlantic trade pact. In a joint op-ed for Friday’s edition of the...
View ArticlePoroshenko travels to Brussels for reassurance on trade
Ukrainian President Petro Poroshenko will seek reassurance at a summit in Brussels on Thursday that EU leaders are not planning to prioritize a rapprochement with Moscow over trade with Kiev. At a time...
View ArticleVietnam sends envoy to Wallonia to avoid trade clash
Vietnam’s ambassador in Belgium will address Walloon parliamentarians on Thursday to try to protect his country’s trade accord with the EU from the political storm that almost sank a pact with Canada...
View ArticleFootball-Leaks: Cristiano Ronaldo accused of massive tax evasion
Real Madrid star Cristiano Ronaldo reportedly evaded â¬63.5 million in taxes and could have hidden even more money in offshore accounts in Switzerland and the British Virgin Islands, according to...
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SPD chief: Angela Merkel ‘doesn’t have answers for Germany’s future’
The leader of Germany’s Social Democratic party (SPD)Â Sigmar Gabriel lashed out at Chancellor Angela Merkel and vowed that his party will try to avoid a grand coalition with her Christian Democratic...
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Berlusconi to Renzi: Resign if you lose referendum
Italy’s former Prime Minister Silvio Berlusconi called on the government’s current leader Matteo Renzi to fulfill his promise and step down if he loses the constitutional referendum. âIf he doesn’t...
View ArticleData fight emerges as last big hurdle to EU-Japan trade deal
A dispute over data has emerged as an unexpected obstacle to an EU-Japan free-trade deal only weeks before diplomats expected to seal a political agreement. After a bruising struggle to secure an...
View ArticleEU extends economic sanctions against Russia
EU governments Monday extended economic sanctions against Russia until mid-2017, noting that the conditions of the Minsk peace deal have not been met. The restrictions, which were due to expire on...
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EU seeks to appease Erdoğan with trade deal
The European Commission wants to upgrade economic ties with Turkey in the hopes that better trade relations will help soothe political tensions with Ankara. Commissioners are expected to approve a...
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ECJ advocate-general: Trade deals require national parliaments’ approval
The EU could face the drama it experienced in trying to close the Canada trade deal with every agreement it attempts in the future. The European Court of Justice’s advocate-general on Wednesday...
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Commission proposes upgrading EU-Turkey trade relations
The European Commission Wednesday requested a green light from EU governments to overhaul the bloc’s customs union with Turkey. The customs union, in place since 1996, allows tariff-free trade of...
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Charge of the Brexit blockers
A post-Brexit trade deal between the U.K. and the rest of the EU looks harder today after legal analysis by European Court of Justice Advocate General Eleanor Sharpston concluded the EU-Singapore...
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Former trade envoy: UK lacks skills to negotiate good Brexit deal
The U.K. lacks negotiators with the experience required to strike a âhard-nosedâ Brexit deal, the trade envoy of former Prime Minister David Cameron has warned. âMy fear is that Whitehall as a...
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EU-New Zealand trade deal in ‘deep trouble’
Trade talks between New Zealand and Europe risk being shot down by national or regional parliaments in the EU and should be shelved to prioritize a deal with the U.K., a populist Kiwi lawmaker has...
View ArticleChina trade conundrum
Britainâs Pickwickian Foreign Secretary Boris Johnson is a master of bullish forecasts and chortling optimism. And he had plenty of reason to be upbeat about Britainâs supposedly sunny future this...
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Germany: Free trade’s reluctant champion
U.S. President-elect Donald Trump’s protectionist rhetoric is finally turning Germany into the world’s grudging defender of free trade. On Monday, an unusually assertive Berlin emerged onto the...
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Theresa May’s high-stakes trade gamble
U.K. Prime Minister Theresa May is basing her trade strategy on a dangerous assumption. Her plan to make a clean break with the EU single market and the customsâ union in 2019 poses a grave threat...
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Australia to open trade talks with UK this week
Australia will kick off preparatory talks for a post-Brexit trade deal with the U.K. this week, Australian Treasurer Scott Morrison said today. âAs Brexit takes shape, the Australian government will...
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EU’s Malmström: Trump’s trade policy ‘doomed to fail’
European Trade Commissioner Cecilia Malmström Tuesday slammed Donald Trump’s protectionist policies on trade and migration, predicting that the new U.S. president was doomed to fail. âThose who in...
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