President Trump formally abandoned the Trans-Pacific Partnership on Monday, pulling away from Asia and scrapping his predecessor’s most significant trade deal on his first full weekday in office, administration officials said.
French President Francois Hollande said on Monday that he would seek to bolster trade and investment with the Pacific Alliance trade bloc in joint negotiations with the European Union.
For the first time in generations Britain's ability to negotiate free trade agreements will be un-frozen. Proponents of free trade see in Brexit a global vision that could drive financial inclusion across the developing world and kick-start a new economic engine.
The Trudeau government is weeks away from an inaugural round of talks on a free-trade agreement with China as it presses ahead a central objective in its plan to deepen ties with the world’s second-largest economy.
British Prime Minister Theresa May has confirmed that the Gulf countries are hoping to sign a free trade deal with the UK, in a major speech outlining the core principles the UK will adopt in its exit negotiations from the European Union (EU).
President-elect Donald Trump and his economic team are threatening to dynamite the foundations of global trade that have underpinned decades of growth, with potentially dire consequences for the economy and for America’s place in the world.
A top judge in the European courts has said that national parliaments should ratify key aspects of future EU trade deals, throwing a potential spanner into the workings of Britain’s post-Brexit relationship with the bloc.
Argentina and Chile agreed to organize a major Mercosur, Pacific Alliance trade blocks' meeting during the first half of 2017. Last Friday Chilean president Michelle Bachelet and her cabinet were in Buenos Aires with peers Mauricio Macri and ministers as part of an agenda of regular meetings to address a joint agenda.
Representatives from South Korea, Guatemala, El Salvador, Costa Rica, Nicaragua, Honduras and Panama concluded negotiations for a free trade deal last month, with the final agreement expected to be signed next June.
The U.K. could try to stay in the European customs union after Brexit, International Trade Secretary Liam Fox said, in a further sign that the British government is considering keeping some formal ties with the bloc.