EU-China trade relations in ‘slow-motion train accident’: business group

A photovoltaic module company in Hefei, Anhui province, on Feb. 20, 2024. Future Publishing | Future Publishing | Getty Images BEIJING — Trade tensions between Europe and Beijing will likely escalate due to China’s growing ability to manufacture more cheaply in strategic industries, according to Jens Eskelund, president of the European Union Chamber of Commerce … Read more

China and New Zealand pledge deeper trade and economic cooperation

China and New Zealand flags. Andrea Verdelli | Getty Images News | Getty Images China and New Zealand are working toward implementing an upgraded version of the free trade agreement between the two countries. Chinese Foreign Minister Wang Yi said Monday the two countries should kick off negotiations on the negative list of service trade … Read more

Justin Fields: Chicago Bears trade quarterback to Pittsburgh Steelers to open door to Caleb Williams Draft pick | NFL News

The Chicago Bears offered a glaring indication as to their NFL Draft plans as they traded starting quarterback Justin Fields to the Pittsburgh Steelers on Saturday. Fields, their 2021 first-round pick, heads to Pittsburgh in exchange for a 2025 conditional sixth-round pick that could become a 2025 fourth-round pick, per NFL Network. The moves creates … Read more

US commerce secretary hails progress at year’s first meeting of Indo-Pacific trade grouping

BANGKOK — U.S. Commerce Secretary Gina Raimondo on Thursday praised the progress made by the 14 countries in the Indo-Pacific Economic Framework for Prosperity after the group held a ministerial meeting Thursday to discuss proposed guidelines for regional commerce. Raimondo was in the Thai capital Bangkok to take part in the virtual meeting, the year’s … Read more

Global supply chain starts planning for a Trump win, new China tariffs

Global logistics companies tell CNBC they have started the planning for a potential Trump win in November and the strategies that will be needed to mitigate any additional tariffs, with Mexico a key import gateway for any escalation in the trade war against China begun under Trump and continued during the Biden presidency. The planning … Read more

India inks ‘watershed’ $100 billion free trade deal with four non-EU nations

India flag, stock market, exchange economy and Trade, oil production, container ship in export and import business and logistics. Texbr | Istock | Getty Images India will lift most tariffs on four nations in Europe in a “watershed” deal that is expected to yield $100 billion worth of investment over 15 years and one billion … Read more

India signs a trade accord with 4 European nations for $100 billion investment over 15 years

NEW DELHI — India signed a trade agreement with Iceland, Liechtenstein, Norway and Switzerland on Sunday that includes a commitment of $100 billion investment and creating 1 million direct jobs in India in the next 15 years, officials said. India on its part committed to reducing import tariffs on industrial products from the four European … Read more

China blames U.S. for bilateral tensions, reaffirms support for Palestinians

Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | Reuters BEIJING — China’s top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing’s support for peaceful resolutions to the Middle East and Russia-Ukraine conflicts. “There is some progress in the China-U.S. bilateral relationship, but we have to point out that U.S. continues … Read more

Anthony Mantha trade details: Golden Knights acquire big winger from Capitals to boost forward group

The Golden Knights were reportedly looking to add a winger or two ahead of the March 5 trade deadline. On Tuesday, they got one.  Vegas is acquiring winger Anthony Mantha from Washington for two draft picks in a pre-trade deadline day deal. It marks the first trade for the defending Stanley Cup champions ahead of … Read more

World Trade Organization ends meeting in UAE after failing to reach major agreements

DUBAI, United Arab Emirates — Negotiators taking part in a World Trade Organization meeting in the United Arab Emirates ended their summit early Saturday after failing to reach agreements on several major initiatives, the latest sign of turmoil within the global body. The WTO delayed its closing ceremony in Abu Dhabi by over a day … Read more