Tag #Trade

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nbcnews.com

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May 21, 16:12

Nvidia CEO Criticizes Biden's China Chip Curbs as 'Failure,' Trump Eases Restrictions

Nvidia CEO Jensen Huang criticized the Biden administration's AI chip export restrictions to China, calling them a failure that cost U.S. companies billions and spurred Chinese companies to develop their own technology, leading to Nvidia losing significant market share; the Trump administration plan...

Nvidia CEO Criticizes Biden's China Chip Curbs as 'Failure,' Trump Eases Restrictions

Nvidia CEO Jensen Huang criticized the Biden administration's AI chip export restrictions to China, calling them a failure that cost U.S. companies billions and spurred Chinese companies to develop their own technology, leading to Nvidia losing significant market share; the Trump administration plan...

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Industry, Innovation, and Infrastructure

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How did the export restrictions inadvertently contribute to the advancement of China's domestic AI sector?

Huang's comments highlight the unintended consequences of the export controls. By attempting to stifle Chinese technological advancement, the restrictions inadvertently accelerated the growth of domestic Chinese AI capabilities and weakened the position of U.S. companies like Nvidia. This underscores the complex geopolitical implications of technology restrictions.

elpais.com

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May 21, 01:10

US Grants Partial Tariff Relief to Mexican Autos Under USMCA

The US granted a 40-50% tariff reduction on Mexican and Canadian vehicles meeting USMCA rules, generating an estimated $15.2 billion in revenue for the US, impacting 2.6 million Mexican vehicles.

US Grants Partial Tariff Relief to Mexican Autos Under USMCA

The US granted a 40-50% tariff reduction on Mexican and Canadian vehicles meeting USMCA rules, generating an estimated $15.2 billion in revenue for the US, impacting 2.6 million Mexican vehicles.

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Decent Work and Economic Growth

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What is the immediate impact of the new US tariff policy on Mexican auto exports to the US?

The US will grant a 40-50% tariff reduction on Mexican and Canadian vehicles meeting USMCA rules, resulting in approximately $15.2 billion in tariff revenue for the US despite the discount. Around 2.6 million Mexican vehicles may qualify for preferential treatment. This represents a partial victory for Mexico, though a significant portion of tariffs remain.

dw.com

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May 21, 22:10

Ramaphosa Seeks to Mend Strained US-South Africa Ties Amidst Sanctions and Diplomatic Disputes

South African President Cyril Ramaphosa met with US President Donald Trump at the White House to discuss strained relations stemming from disagreements over land reform, the Israeli-Palestinian conflict, and US sanctions impacting South Africa's healthcare sector. Ramaphosa seeks to improve trade re...

Ramaphosa Seeks to Mend Strained US-South Africa Ties Amidst Sanctions and Diplomatic Disputes

South African President Cyril Ramaphosa met with US President Donald Trump at the White House to discuss strained relations stemming from disagreements over land reform, the Israeli-Palestinian conflict, and US sanctions impacting South Africa's healthcare sector. Ramaphosa seeks to improve trade re...

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Reduced Inequality

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How have South Africa's land reform policies and stance on the Israeli-Palestinian conflict contributed to the current diplomatic tensions with the US?

Tensions between South Africa and the US stem from disagreements over land reform, the Israeli-Palestinian conflict, and allegations of human rights abuses against the Afrikaans minority. These disagreements have resulted in the US imposing sanctions, impacting South Africa's healthcare sector and HIV testing programs. Ramaphosa's visit seeks to mitigate these negative impacts and improve bilateral relations.

english.kyodonews.net

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May 21, 04:11

Japan's Farm Minister Resigns Amid Rice Gift Controversy

Japanese Farm Minister Taku Eto resigned Wednesday following criticism over comments about receiving numerous rice gifts from supporters amid rising food prices; Prime Minister Shigeru Ishiba appointed Shinjiro Koizumi as his replacement.

Japan's Farm Minister Resigns Amid Rice Gift Controversy

Japanese Farm Minister Taku Eto resigned Wednesday following criticism over comments about receiving numerous rice gifts from supporters amid rising food prices; Prime Minister Shigeru Ishiba appointed Shinjiro Koizumi as his replacement.

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Zero Hunger

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How might Eto's comments about gifted rice contribute to broader discussions on political ethics and public trust?

Eto's resignation reflects growing public discontent with rising living costs in Japan, amplified by his insensitive remarks. This event underscores the government's need to address economic concerns effectively.

nrc.nl

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May 21, 22:10

EU to Tackle High Grocery Prices in the Netherlands

The European Commission proposes banning restrictions that cause higher grocery prices in the Netherlands than in other EU countries; this follows a Dutch government initiative and aims to create a more unified market by 2024.

EU to Tackle High Grocery Prices in the Netherlands

The European Commission proposes banning restrictions that cause higher grocery prices in the Netherlands than in other EU countries; this follows a Dutch government initiative and aims to create a more unified market by 2024.

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Reduced Inequality

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How will the European Commission's plan to ban territorial supply restrictions impact grocery prices in the Netherlands and other EU member states?

In the Netherlands, consumers often pay double for groceries compared to other European countries. This is largely due to strict regulations imposed by producers on retailers, limiting cross-border purchases even when prices are lower elsewhere. The European Commission aims to eliminate these 'territorial supply restrictions', promoting a truly unified market.

theguardian.com

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May 20, 10:13

Brexit's £600,000 Cheese Cost: New UK-EU Deal Offers Hope

British cheese maker Simon Spurrell, who lost £600,000 due to Brexit red tape, welcomes a new UK-EU trade deal that could allow him to relaunch his business and create 14 new jobs, four years after initially being forced to sell due to prohibitive export costs.

Brexit's £600,000 Cheese Cost: New UK-EU Deal Offers Hope

British cheese maker Simon Spurrell, who lost £600,000 due to Brexit red tape, welcomes a new UK-EU trade deal that could allow him to relaunch his business and create 14 new jobs, four years after initially being forced to sell due to prohibitive export costs.

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Decent Work and Economic Growth

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What immediate impact did Brexit have on Simon Spurrell's cheese business, and what specific changes does the new UK-EU deal offer?

Brexit red tape cost British cheese maker Simon Spurrell £600,000, forcing him to sell his business. A new UK-EU deal may allow him to relaunch, eliminating prohibitive export costs like £180 per veterinary certificate. This comes four years after Brexit initially impacted his business, resulting in a 20% loss of sales revenue.

french.china.org.cn

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May 21, 01:10

China-Uganda Coffee Partnership: Boosting Exports Amidst Surging Demand

A Chinese investor delegation visited Uganda to explore coffee trade partnerships, aiming to boost Ugandan coffee exports to China, which saw a 190% increase in March 2025; this collaboration focuses on technology transfer and joint ventures to enhance agricultural practices and processing capabilit...

China-Uganda Coffee Partnership: Boosting Exports Amidst Surging Demand

A Chinese investor delegation visited Uganda to explore coffee trade partnerships, aiming to boost Ugandan coffee exports to China, which saw a 190% increase in March 2025; this collaboration focuses on technology transfer and joint ventures to enhance agricultural practices and processing capabilit...

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Decent Work and Economic Growth

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What are the immediate impacts of increased Chinese investment in Uganda's coffee sector?

A Chinese delegation visited Uganda to explore coffee trade partnerships, driven by surging Chinese coffee demand. Their meetings in Kampala focused on boosting Ugandan coffee exports to China, with March 2025 exports to China rising 190%. This signifies a major step in strengthening agricultural trade and investment between the two nations.

nos.nl

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May 21, 16:12

EU Seeks Economic Boost Through Regulatory Reform

The European Commission proposes reducing regulatory burdens on businesses to boost the EU economy, including replacing product labels with QR codes and harmonizing regulations across member states, aiming to save millions and create jobs, as part of a broader strategy to counter the US trade war.

EU Seeks Economic Boost Through Regulatory Reform

The European Commission proposes reducing regulatory burdens on businesses to boost the EU economy, including replacing product labels with QR codes and harmonizing regulations across member states, aiming to save millions and create jobs, as part of a broader strategy to counter the US trade war.

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Decent Work and Economic Growth

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What immediate economic impacts are expected from the European Commission's plan to reduce regulatory barriers within the EU?

The European Commission aims to boost the EU economy by reducing or harmonizing regulations across member states. This will significantly reduce costs for medium-sized businesses operating EU-wide, potentially saving millions annually and creating jobs. The plan includes replacing mandatory product labels with QR codes, simplifying cross-border trade.

french.china.org.cn

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May 21, 19:12

China, ASEAN Deepen Economic Ties Amidst Rising Protectionism

China and ASEAN are deepening economic cooperation to counter rising global protectionism, with a focus on maintaining stable supply chains and promoting free trade, culminating in the completion of CAFTA 3.0 negotiations.

China, ASEAN Deepen Economic Ties Amidst Rising Protectionism

China and ASEAN are deepening economic cooperation to counter rising global protectionism, with a focus on maintaining stable supply chains and promoting free trade, culminating in the completion of CAFTA 3.0 negotiations.

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Decent Work and Economic Growth

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What immediate actions are China and ASEAN taking to mitigate the destabilizing effects of rising global protectionism on trade and supply chains?

China and the Association of Southeast Asian Nations (ASEAN) agreed to deepen economic cooperation to address global uncertainties caused by recent protectionist trade measures. Chinese Commerce Minister Wang Wentao specifically criticized certain countries for imposing reciprocal tariffs and engaging in economic intimidation, actions deemed harmful to the global trading system. ASEAN ministers called for collective action to preserve multilateral trade and free trade.

french.china.org.cn

🌐 75% Global Worthiness

May 21, 04:11

Altai Conference Launches Initiative for Sub-regional Cooperation

Nearly 270 representatives from China, Russia, Kazakhstan, and Mongolia convened in Altai City, Xinjiang, on Tuesday for the Grand Altai International Conference on Sub-regional Cooperation, launching an initiative to boost trade, improve cross-border logistics, and foster sustainable development ac...

Altai Conference Launches Initiative for Sub-regional Cooperation

Nearly 270 representatives from China, Russia, Kazakhstan, and Mongolia convened in Altai City, Xinjiang, on Tuesday for the Grand Altai International Conference on Sub-regional Cooperation, launching an initiative to boost trade, improve cross-border logistics, and foster sustainable development ac...

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Partnerships for the Goals

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What concrete steps were agreed upon to enhance trade and economic cooperation among the four participating nations in the Altai region?

Representatives from China, Russia, Kazakhstan, and Mongolia met in Altai City, Xinjiang, to discuss sub-regional cooperation, focusing on trade, investment, culture, tourism, and sustainable growth. An international cooperation initiative was launched, including plans for joint agricultural technology research and improved cross-border logistics.

dw.com

🌐 90% Global Worthiness

May 20, 22:11

UK Suspends Trade Talks With Israel Over Gaza Conflict

The UK suspended free trade negotiations with Israel on May 20th, citing Israel's actions in Gaza, including a prolonged blockade preventing humanitarian aid, attacks on hospitals, and plans for population displacement. Foreign Secretary David Lemmy announced further sanctions and summoned Israel's ...

UK Suspends Trade Talks With Israel Over Gaza Conflict

The UK suspended free trade negotiations with Israel on May 20th, citing Israel's actions in Gaza, including a prolonged blockade preventing humanitarian aid, attacks on hospitals, and plans for population displacement. Foreign Secretary David Lemmy announced further sanctions and summoned Israel's ...

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Peace, Justice, and Strong Institutions

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How does Israel's blockade of Gaza, preventing humanitarian aid, contribute to the international condemnation and sanctions?

The UK's actions are in response to Israel's prolonged blockade of Gaza, preventing humanitarian aid delivery for over 11 weeks, and reports of attacks on hospitals and the deaths of aid workers. Over 9,000 trucks carrying aid are waiting at the Gaza border.

africa.chinadaily.com.cn

🌐 85% Global Worthiness

May 20, 07:12

China-Latin America Trade Soars to Record High on BRI and FTAs

China-Latin America trade hit a record $518.47 billion in 2024, driven by the Belt and Road Initiative, bilateral FTAs, and complementary economies; Chinese investment reached $14.71 billion in 2024, while 37,000 Latin American businesses operate in China.

China-Latin America Trade Soars to Record High on BRI and FTAs

China-Latin America trade hit a record $518.47 billion in 2024, driven by the Belt and Road Initiative, bilateral FTAs, and complementary economies; Chinese investment reached $14.71 billion in 2024, while 37,000 Latin American businesses operate in China.

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Decent Work and Economic Growth

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What are the long-term implications of this growing economic interdependence for both China and Latin American countries?

China's expanding high-standard opening-up and Latin America's diversification strategies are deepening economic interdependence and fostering inclusive growth. Ongoing FTA negotiations with Peru, Panama, Honduras, and Colombia signal continued expansion of trade ties. The shift by Chinese companies, like Changzhou Samkit Electric, towards Latin American markets demonstrates the increasing importance of this region for Chinese businesses.

Showing 481 to 492 of 1,533 results