European Union, Trade Deals
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It’s crunch time for the maker of Levi’s and Wrangler jeans in Kenya’s capital. The fate of about 16,000 workers hangs in the balance.
India’s Commerce Minister Piyush Goyal said that he had a “constructive meeting” with his counterpart Howard Lutnick for a mutually beneficial trade agreement between the two countries.
Investors will get the first chance to react to Moody’s downgrade of the U.S. credit rating late Friday over rising government debt and they’ll also look for more progress from President Trump on trade deals as the week kicks off.
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Money Talks News on MSNTrump's US-UK Trade Deal Maintains Tariffs While Expanding Market AccessPresident Trump announced a framework for US-UK trade while keeping 10% tariffs on British imports. The deal expands American agricultural access to British markets while creating special provisions for vehicle imports.
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China’s regime, by surreptitiously including suspicious components in Chinese equipment, has only itself to blame for the proposed restriction.
Bank of Canada Governor Tiff Macklem called President Donald Trump’s tariffs the “biggest headwind” for the country, given the close integration of the two economies, according to the New York Times.
Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.
Saudi Arabia's benchmark stock index fell on Wednesday, while most other markets in the Gulf struggled for direction, as investors were worried about mounting fiscal pressures in major economies and the slow pace of trade deal progress.
Geneva trade breakthrough surprises investors as U.S. and China move quickly to resolve $1.2 trillion deficit.
China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.
Trade officials are expected to meet in-person to negotiate those tariffs. Read more at straitstimes.com. Read more at straitstimes.com.