Donald Trump, US president, asserts that “protection will lead to great prosperity and strength”. In contrast, President Xi Jinping of China insists that “we must promote trade and investment, liberalisation and facilitation through opening up — and say no to protectionism”. So what might this contrast of views mean for the future of the trade on which Asia’s dynamism has been built?
Attacks on dairy farmers and loggers are the opening shots in a bigger confrontation over trade
President Trump threatened to terminate the U.S.
The US is hoping to launch negotiations with South Korea on upgrading their five-year-old trade deal, also known as the KORUS FTA, according to comments made by US Vice President Mike Pence during a trip to Asia earlier this month.
Argentine Foreign Minister Susana Malcorra stressed the value of multilateralism during a trip to Geneva, Switzerland, this week, months before her country is due to host the WTO's Eleventh Ministerial Conference (MC11).
The past weeks have seen a flurry of trade activity in Washington and beyond, including a trip by US Vice President Mike Pence to Asia; meetings between top American and European trade officials; and an escalation in the US-Canada row over softwood lumber that could have implications for broader trade talks.
The president has softened some of his tough talk toward China and Mexico, transferring it to Canada and disputes over softwood lumber and dairy products. Donald Trump is not the first U.S. president to tangle with Canada over lumber. In fact, the first U.S. president to do so was the first U.S. president.
Argentine president Mauricio Macri is convinced that in the second half of the year Mercosur will sign the long awaited trade agreement with the European Union and will establish closer links with the Pacific Alliance, according to a report in one of Buenos Aires leading radios.
Members of the Economic Community of West African States' (ECOWAS) parliament's Committee on Health and Social Service and Committee on Trade, Customs and Free Movement held a joint session on 10-14 March to address the issue of fake medicines and discuss about potential ways for the parliament to strengthen the implementation and monitoring of ECOWAS' policy on combating counterfeit medical pr
Britain is preparing for life after Brexit, while GCC countries are preparing for new financial realities in a post-oil era. The council nations are working on diversifying their revenues by heavily investing in non-oil sectors, as Britain looks for other non-European trade partners. According to Links Group, which helps foreign companies operate in the U.A.E.