Tag #Trade

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theguardian.com

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Feb 12, 10:11

China Square's Sixth Kenyan Branch Opens Amidst Retail Competition Debate

China Square, a Chinese retail chain, opened its sixth Kenyan branch in Nairobi's Two Rivers Mall on Friday, attracting hundreds of shoppers with its low prices, but sparking concerns from local retailers who say it's creating an uneven playing field.

China Square's Sixth Kenyan Branch Opens Amidst Retail Competition Debate

China Square, a Chinese retail chain, opened its sixth Kenyan branch in Nairobi's Two Rivers Mall on Friday, attracting hundreds of shoppers with its low prices, but sparking concerns from local retailers who say it's creating an uneven playing field.

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What is the immediate economic impact of China Square's expansion in Kenya, considering both consumer benefits and the challenges faced by local retailers?

China Square, a Chinese retail chain, opened its sixth Kenyan branch, drawing large crowds and sparking debate. The store's low prices attract many customers but concern local retailers who face increased competition and potential job losses. This expansion reflects China's growing economic influence in Africa.

theglobeandmail.com

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Feb 12, 22:20

Canadian Premiers Lobby U.S. Against Tariffs

Canadian premiers and Finance Minister Dominic LeBlanc are in Washington, D.C., meeting with U.S. officials to prevent tariffs on Canadian goods, emphasizing mutual economic benefits and Canada's role in supplying essential materials to the U.S. The meetings follow President Trump's announcement of ...

Canadian Premiers Lobby U.S. Against Tariffs

Canadian premiers and Finance Minister Dominic LeBlanc are in Washington, D.C., meeting with U.S. officials to prevent tariffs on Canadian goods, emphasizing mutual economic benefits and Canada's role in supplying essential materials to the U.S. The meetings follow President Trump's announcement of ...

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What are the immediate impacts of the potential tariffs on Canadian goods and the Canadian economy?

Canadian premiers and Finance Minister Dominic LeBlanc are in Washington, D.C., meeting with U.S. officials to prevent the imposition of tariffs on Canadian goods. A White House meeting with senior advisors is scheduled, alongside meetings with U.S. lawmakers and business leaders. The premiers are advocating for continued trade and economic cooperation.

usa.chinadaily.com.cn

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Feb 11, 04:08

China-ASEAN Partnership: Economic Success Needs People-to-People Connectivity

China and the Association of Southeast Asian Nations (ASEAN) enjoy a strong economic partnership, with ASEAN being China's top trading partner since 2020 and vice versa for over 15 years; however, challenges remain regarding trade imbalances, Belt and Road Initiative (BRI) project implementation, an...

China-ASEAN Partnership: Economic Success Needs People-to-People Connectivity

China and the Association of Southeast Asian Nations (ASEAN) enjoy a strong economic partnership, with ASEAN being China's top trading partner since 2020 and vice versa for over 15 years; however, challenges remain regarding trade imbalances, Belt and Road Initiative (BRI) project implementation, an...

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How can the Belt and Road Initiative (BRI) projects better engage local communities to mitigate potential negative impacts and foster greater support?

The China-ASEAN partnership, while economically strong, faces challenges. A growing trade surplus favoring China and concerns about "overcapacity" claims from the West necessitate proactive measures to prevent exploitation by detractors. Misunderstandings around Belt and Road Initiative (BRI) projects require improved communication and community engagement.

kathimerini.gr

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Feb 11, 13:11

EU: A Free Trade Island in a Protectionist Sea

Amidst rising global trade protectionism, the European Union, despite internal opposition and external pressures from the US and China, remains a staunch advocate for free trade, relying heavily on exports and imports for its economic prosperity.

EU: A Free Trade Island in a Protectionist Sea

Amidst rising global trade protectionism, the European Union, despite internal opposition and external pressures from the US and China, remains a staunch advocate for free trade, relying heavily on exports and imports for its economic prosperity.

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How does the EU's internal political landscape and agricultural sector influence its commitment to free trade agreements?

The EU's unique position is rooted in its founding principles and economic reliance on trade; it exports and imports goods worth 29% of its GDP, exceeding the US's 19%. This dependence, however, leaves the EU vulnerable to trade conflicts with both the US and China, which could disrupt its significant trade surplus.

elpais.com

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Feb 11, 22:14

Ceuta and Melilla Customs Openings: Successful Goods Transit After Previous Setbacks

Following previous failed attempts, a truck carrying automotive parts crossed from Melilla to Morocco, and a van carrying refrigerators crossed from Ceuta, marking a potential step towards normalized goods traffic at Beni Enzar (Melilla) and Tarajal (Ceuta) border crossings, as part of a 2022 agreem...

Ceuta and Melilla Customs Openings: Successful Goods Transit After Previous Setbacks

Following previous failed attempts, a truck carrying automotive parts crossed from Melilla to Morocco, and a van carrying refrigerators crossed from Ceuta, marking a potential step towards normalized goods traffic at Beni Enzar (Melilla) and Tarajal (Ceuta) border crossings, as part of a 2022 agreem...

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What is the immediate impact of the successful goods transit between Ceuta/Melilla and Morocco on bilateral trade relations?

A truck carrying automotive parts successfully crossed from Melilla to Morocco, and a van carrying refrigerators crossed from Ceuta for the first time. This follows previous failed attempts in January, suggesting a potential normalization of goods traffic between Morocco and Spain via Beni Enzar (Melilla) and Tarajal (Ceuta) border crossings.

forbes.com

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Feb 10, 04:07

Trump's Aid Freeze Exacerbates African Development Challenges

The Trump administration's freezing of foreign aid to Africa has sparked debate on the role of aid versus trade in development, jeopardizing progress in vulnerable regions like the Sahel and potentially increasing migration; however, some initiatives like the Great Green Wall demonstrate the potenti...

Trump's Aid Freeze Exacerbates African Development Challenges

The Trump administration's freezing of foreign aid to Africa has sparked debate on the role of aid versus trade in development, jeopardizing progress in vulnerable regions like the Sahel and potentially increasing migration; however, some initiatives like the Great Green Wall demonstrate the potenti...

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No Poverty

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How does the potential lapse of the African Growth and Opportunity Act affect the balance between foreign aid and trade as development strategies in Africa?

The decreased foreign aid, coupled with the potential end of the African Growth and Opportunity Act, jeopardizes Africa's development progress. This highlights the need for a balanced approach, reducing aid dependence while acknowledging market failures and the essential role of aid in economic security, especially in vulnerable regions like the Sahel.

theglobeandmail.com

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Feb 12, 16:19

Modi Seeks to Strengthen US-India Ties Amidst Tariff Concerns

Indian Prime Minister Narendra Modi visits Washington to discuss trade and security with President Trump amid concerns over potential tariffs and the ongoing trade imbalance; India has already taken some steps to address these concerns, including tariff reductions and migrant repatriation.

Modi Seeks to Strengthen US-India Ties Amidst Tariff Concerns

Indian Prime Minister Narendra Modi visits Washington to discuss trade and security with President Trump amid concerns over potential tariffs and the ongoing trade imbalance; India has already taken some steps to address these concerns, including tariff reductions and migrant repatriation.

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What immediate steps is India taking to address US trade concerns and what are the potential consequences of failure to reach an agreement?

Prime Minister Narendra Modi's visit to Washington aims to mitigate potential US tariffs on Indian goods and strengthen bilateral ties. India has already taken steps to reduce tariffs on some US products and repatriated migrants, demonstrating a willingness to compromise. However, the substantial US trade deficit with India and Trump's past criticism remain significant challenges.

lexpress.fr

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Feb 12, 13:16

Erdogan's Indonesia Visit Strengthens Trade and Defense Ties

During his four-day Asian tour, Turkish President Erdogan visited Indonesia, resulting in ten agreements covering trade, defense, and education, aiming to increase bilateral trade to $10 billion annually and including a joint venture for drone manufacturing.

Erdogan's Indonesia Visit Strengthens Trade and Defense Ties

During his four-day Asian tour, Turkish President Erdogan visited Indonesia, resulting in ten agreements covering trade, defense, and education, aiming to increase bilateral trade to $10 billion annually and including a joint venture for drone manufacturing.

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What are the key outcomes of Turkish President Erdogan's visit to Indonesia, and what is their immediate significance for bilateral relations?

During his Asian tour, Turkish President Erdogan visited Indonesia, focusing on boosting bilateral trade and defense cooperation. Ten agreements were signed, covering various sectors, including a joint venture for drone manufacturing. The goal is to increase annual trade volume to $10 billion.

theguardian.com

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Feb 11, 07:07

Mandelson Urges Respect for Trump's Mandate Amid US Tariff Threats

Lord Mandelson, Britain's ambassador to Washington, advises the UK government to respect President Trump's mandate for change while privately addressing concerns about potential US tariffs on British steel and aluminum, totaling approximately 166,433 and 162,716 tonnes in 2023 and 2024 respectively,...

Mandelson Urges Respect for Trump's Mandate Amid US Tariff Threats

Lord Mandelson, Britain's ambassador to Washington, advises the UK government to respect President Trump's mandate for change while privately addressing concerns about potential US tariffs on British steel and aluminum, totaling approximately 166,433 and 162,716 tonnes in 2023 and 2024 respectively,...

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What is the primary challenge facing the UK in its relationship with the Trump administration, and how does Mandelson propose to address it?

Britain's ambassador to Washington, Lord Mandelson, emphasizes the need to respect President Trump's mandate for change while maintaining private, direct communication to address concerns. He highlights the importance of understanding Trump's motivations in navigating policy disagreements, particularly regarding potential US tariffs on British steel and aluminum.

nytimes.com

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Feb 11, 01:09

Miami Heat Trade Jimmy Butler, Acquire Three Veterans for Playoff Push

The Miami Heat traded Jimmy Butler to the Golden State Warriors, acquiring Andrew Wiggins, Davion Mitchell, and Kyle Anderson to improve their defense and playoff chances; the team anticipates a more cohesive environment.

Miami Heat Trade Jimmy Butler, Acquire Three Veterans for Playoff Push

The Miami Heat traded Jimmy Butler to the Golden State Warriors, acquiring Andrew Wiggins, Davion Mitchell, and Kyle Anderson to improve their defense and playoff chances; the team anticipates a more cohesive environment.

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How will the new players' defensive abilities specifically address the Heat's previous on-court weaknesses?

The Heat's decision to trade Butler reflects a strategic shift towards a more stable and cohesive team environment. The new players' defensive skills are intended to compensate for Miami's struggles in containing opponents' drives this season. Wiggins' 3-and-D capabilities, Mitchell's point-of-attack defense, and Anderson's versatility are all seen as valuable assets.

elmundo.es

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Feb 10, 04:07

German Elections: Merz's AfD Alliance Shakes EU Stability

Germany's upcoming February 23rd elections are crucial for EU leadership, with frontrunner Friedrich Merz's potential alliance with the far-right AfD significantly altering the political landscape and impacting the EU's stability amid economic recession and geopolitical tensions.

German Elections: Merz's AfD Alliance Shakes EU Stability

Germany's upcoming February 23rd elections are crucial for EU leadership, with frontrunner Friedrich Merz's potential alliance with the far-right AfD significantly altering the political landscape and impacting the EU's stability amid economic recession and geopolitical tensions.

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Peace, Justice, and Strong Institutions

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How does Germany's economic downturn and dependence on Russian gas contribute to the instability of the Franco-German axis and the EU's overall position?

Merz's potential alliance with the AfD, receiving support from figures like Elon Musk and aligning with similar groups like Vox, creates a pro-Trump, anti-EU bloc. This contrasts sharply with the previous stability of the grand coalition between Christian Democrats and Social Democrats, jeopardizing the Franco-German axis crucial to the EU. The AfD's anti-EU stance, coupled with Germany's economic recession and reliance on Russian gas, further destabilizes the EU's position.

english.kyodonews.net

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Feb 10, 07:09

Japan Posts Record Current Account Surplus in 2024

Japan's current account surplus reached a record 29.26 trillion yen ($193 billion) in 2024, driven by record returns on foreign investments due to a weak yen and a shrinking trade deficit; 36.87 million foreign tourists visited, boosting the travel surplus.

Japan Posts Record Current Account Surplus in 2024

Japan's current account surplus reached a record 29.26 trillion yen ($193 billion) in 2024, driven by record returns on foreign investments due to a weak yen and a shrinking trade deficit; 36.87 million foreign tourists visited, boosting the travel surplus.

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How did the weaker yen and changes in the goods and services trade balances affect Japan's current account surplus in 2024?

The substantial rise in Japan's primary income, reaching 40.21 trillion yen, significantly contributed to the record surplus. Higher returns from overseas subsidiaries, particularly in finance, retail, and auto sectors, coupled with a weaker yen, inflated the value of these returns. A reduced trade deficit, due to decreased imports and increased exports, further amplified the surplus.

Showing 913 to 924 of 1,539 results