The European Parliament approved a landmark free-trade agreement with Canada, shoring up Europe’s market-opening clout in the face of a populist surge across the continent and U.S. President Donald Trump’s protectionist tilt.
President Trump struck a softer tone on trade Monday, saying his administration will be “tweaking” the North American Free Trade Agreement (NAFTA) in a way that will be a boon for both the United States and Canada.
Japanese Prime Minister Shinzo Abe on Tuesday did not rule out negotiating a bilateral free trade agreement with the United States, a framework preferred by U.S. President Donald Trump but viewed with alarm by Japan due to its perceived risks.
Now that U.S. President Donald Trump has decided to trash the Trans-Pacific Partnership, the four-nation Pacific Alliance is courting TPP as well as non-TPP countries -- including China.
New Zealand and China will soon hold a series of high-level meetings and work to promote free trade, the countries' governments said on Friday, amidst growing concerns about U.S. trade protectionism.
Foreign Minister Julie Bishop has told China that she doesn't take seriously the Trump administration's threat to tear up its trade agreement with Australia. China's foreign affairs minister, Wang Yi, asked Ms Bishop over dinner on Tuesday night about the Trump White House's stated intention to renegotiate US trade agreements with 11 countries, including Australia.
It is unrealistic for Britain to expect to negotiate its exit from the European Union and reach a free trade agreement in two years and both will probably need an implementation phase, the head of the European Commission's office in Britain said.
Donald Trump campaigned for the presidency by deriding NAFTA, the free trade pact between the US, Canada, and Mexico, as a job killer and “the worst trade deal maybe ever signed anywhere, but certainly ever signed in this country." Just a few weeks into office, he’s getting ready to renegotiate it.
Sri Lanka aims to finalise a free trade agreement (FTA) with China later this year, said the country's ambassador to Beijing last weekend. The two Asian economies have been negotiating a trade deal since 2014.
Efforts on behalf of the EU and Mexico to modernise a sixteen-year old free trade agreement have been ramped up, following a phone call between EU Trade Commissioner Cecilia Malmström and Mexican Economy Secretary Ildefonso Guajardo Villareal last week.