Tag #Trade

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global.chinadaily.com.cn

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Jan 7, 07:07

China-Namibia Economic Ties Strengthen Amidst Wang Yi's African Visit

Chinese Foreign Minister Wang Yi's visit to Namibia, the first stop of his four-nation African tour, highlights the booming bilateral trade of \$1.31 billion in 2023 (up 16.5 percent year-on-year), encompassing China's manufactured goods exports and Namibia's crucial natural resource imports, includ...

China-Namibia Economic Ties Strengthen Amidst Wang Yi's African Visit

Chinese Foreign Minister Wang Yi's visit to Namibia, the first stop of his four-nation African tour, highlights the booming bilateral trade of \$1.31 billion in 2023 (up 16.5 percent year-on-year), encompassing China's manufactured goods exports and Namibia's crucial natural resource imports, includ...

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What are the key factors driving the strengthening economic relationship between China and Namibia?

China's Foreign Minister Wang Yi chose Namibia as the first stop on his African tour, reflecting the growing economic ties between the two nations. Bilateral trade reached \$1.31 billion in 2023, a 16.5 percent increase year-on-year, driven by China's exports of manufactured goods and Namibia's natural resource exports.

forbes.com

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Jan 6, 19:09

Trump Denies Report on Tariff Policy, Markets Rally

President-elect Donald Trump denied a report claiming he would adopt more targeted tariffs than previously stated, causing the dollar to fall and US and European stock markets to rise, indicating investors see less inflation risk from targeted tariffs than broad-based ones.

Trump Denies Report on Tariff Policy, Markets Rally

President-elect Donald Trump denied a report claiming he would adopt more targeted tariffs than previously stated, causing the dollar to fall and US and European stock markets to rise, indicating investors see less inflation risk from targeted tariffs than broad-based ones.

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What was the market reaction to President-elect Trump's denial of a report on his planned tariff policy, and what does this indicate about investor sentiment?

President-elect Donald Trump denied a report that he plans to enact more targeted tariffs instead of across-the-board levies. This denial caused the dollar to weaken and stock indexes to rally, suggesting investors see targeted tariffs as less inflationary. The DXY dollar index fell by as much as 1%, while the Stoxx 600 and S&P 500 rose by 0.7% and 1%, respectively.

azatutyun.am

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Jan 6, 22:10

Armenia's Trade with UAE Explodes Amidst Russian Sanctions

Armenia's trade with the UAE skyrocketed to nearly $5 billion in the first nine months of 2024, a more than sixfold increase from 2023, mainly due to Armenian re-exports of Russian gold and other goods, facilitated by the UAE's lack of sanctions against Russia.

Armenia's Trade with UAE Explodes Amidst Russian Sanctions

Armenia's trade with the UAE skyrocketed to nearly $5 billion in the first nine months of 2024, a more than sixfold increase from 2023, mainly due to Armenian re-exports of Russian gold and other goods, facilitated by the UAE's lack of sanctions against Russia.

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What is the primary driver of the significant increase in Armenian exports to the UAE in 2024?

Armenia's trade with the UAE increased more than sixfold in the first nine months of 2024, reaching nearly $5 billion from $888 million in 2023. This surge is primarily due to increased exports from Armenia, not imports.

liberation.fr

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Jan 5, 22:07

French Farmers Postpone Paris Blockade, Further Action Planned

France's second-largest agricultural union, the Coordination Rurale (CR), postponed its planned blockade of Paris on January 5th, 2024, but plans further action amid ongoing agricultural crises and upcoming agricultural chamber elections.

French Farmers Postpone Paris Blockade, Further Action Planned

France's second-largest agricultural union, the Coordination Rurale (CR), postponed its planned blockade of Paris on January 5th, 2024, but plans further action amid ongoing agricultural crises and upcoming agricultural chamber elections.

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Zero Hunger

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What immediate impact did the CR's postponed Paris blockade have on the city and the union's planned actions?

The Coordination Rurale (CR), France's second-largest agricultural union, postponed its planned blockades of Paris on January 5th, 2024, citing an apparent prohibition from entering the city. Despite this delay, the union plans further mobilization.

euronews.com

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Jan 4, 19:08

Biden Blocks US Steel Acquisition, Citing National Security

President Joe Biden blocked a $15 billion acquisition of US Steel by Nippon Steel, citing national security concerns, despite the companies' claims that the deal would benefit US production and employment and despite support from some conservatives and business groups; the decision comes weeks befor...

Biden Blocks US Steel Acquisition, Citing National Security

President Joe Biden blocked a $15 billion acquisition of US Steel by Nippon Steel, citing national security concerns, despite the companies' claims that the deal would benefit US production and employment and despite support from some conservatives and business groups; the decision comes weeks befor...

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How did the business communities and political actors in both the US and Japan react to the decision?

Biden's action contradicts statements from Nippon Steel that the merger would benefit US steel production and employment and increase competitiveness. The decision follows lobbying by US Steelworkers and despite support from some conservatives and business groups. The rejection may harm US-Japan relations and deter future foreign investment in the US.

cnn.com

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Jan 3, 16:08

Biden Blocks Nippon Steel's US Steel Acquisition

President Joe Biden blocked a $14.3 billion acquisition of US Steel by Japan's Nippon Steel on Friday, citing national security concerns, despite the deal's potential to provide US Steel with crucial investments; the move has sparked debate about the balance between national security and economic in...

Biden Blocks Nippon Steel's US Steel Acquisition

President Joe Biden blocked a $14.3 billion acquisition of US Steel by Japan's Nippon Steel on Friday, citing national security concerns, despite the deal's potential to provide US Steel with crucial investments; the move has sparked debate about the balance between national security and economic in...

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What are the long-term implications of this decision for the competitiveness of the US steel industry and its workers?

The long-term consequences of this decision remain uncertain. While it might temporarily bolster domestic support, it could deter future foreign investment in US companies, hindering economic growth and innovation. The viability of US Steel, without the promised Nippon investment, raises concerns about the future of the American steel industry and its workforce.

dw.com

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Jan 6, 10:07

EU Faces Instability as Trump Returns, Germany and France Struggle

Germany and France face government instability as Donald Trump begins his new term, creating challenges for the EU; both countries also have severe economic problems, with France facing a high debt and Germany a stagnating economy.

EU Faces Instability as Trump Returns, Germany and France Struggle

Germany and France face government instability as Donald Trump begins his new term, creating challenges for the EU; both countries also have severe economic problems, with France facing a high debt and Germany a stagnating economy.

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Peace, Justice, and Strong Institutions

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What are the main economic differences between France and Germany, and how will these differences affect their ability to cooperate within the EU?

The political gridlock in France and Germany is exacerbated by diverging economic policies: France needs austerity measures to reduce its high debt, while Germany should increase investment in infrastructure. These conflicting approaches, coupled with the upcoming elections and potential coalition negotiations, will impede the EU's ability to present a unified front against potential challenges posed by the incoming Trump administration.

theguardian.com

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Jan 6, 22:09

Trump Denies Report of Revised Tariff Plans

President-elect Donald Trump denied a Washington Post report that his aides are exploring narrower tariff plans, contradicting his campaign promises of broad 10% tariffs on global imports and 60% on Chinese goods; European markets rallied on the report.

Trump Denies Report of Revised Tariff Plans

President-elect Donald Trump denied a Washington Post report that his aides are exploring narrower tariff plans, contradicting his campaign promises of broad 10% tariffs on global imports and 60% on Chinese goods; European markets rallied on the report.

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How do the reported revised tariff plans differ from Trump's earlier campaign promises, and what factors might have driven this change?

Trump's denial contradicts a Washington Post report citing three sources familiar with the matter. These sources indicated that the Trump administration is exploring a more targeted approach to tariffs, focusing on sectors deemed critical to national security or the economy, such as defense, medicine, and energy. This represents a significant departure from his previous, broader tariff proposals.

bbc.com

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Jan 5, 16:09

Ghana Implements Visa-Free Entry for All African Citizens

Ghana will allow visa-free entry to all African passport holders starting January 2025, aiming to boost trade and tourism as the fifth African nation to implement such a policy, aligning with the African Continental Free Trade Area.

Ghana Implements Visa-Free Entry for All African Citizens

Ghana will allow visa-free entry to all African passport holders starting January 2025, aiming to boost trade and tourism as the fifth African nation to implement such a policy, aligning with the African Continental Free Trade Area.

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How does Ghana's visa-free policy align with broader pan-African initiatives and goals?

The policy's impact extends beyond tourism, encouraging investment from people of African descent and strengthening economic ties within the continent. Ghana's improved ranking in visa openness reflects its commitment to pan-African cooperation and its initiative, 'The Year of Return,' launched in 2019, further supports this aim. This initiative is expected to improve economic cooperation across the continent.

europe.chinadaily.com.cn

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Jan 4, 07:10

China's Foreign Minister Continues Annual African Visit, Focusing on Cooperation

China's Foreign Minister Wang Yi will visit four African countries (Namibia, Congo, Chad, Nigeria) from January 8-11, continuing a 34-year tradition of beginning the year with an African trip, aimed at implementing the outcomes of the 2022 Beijing Summit of the Forum on China-Africa Cooperation, foc...

China's Foreign Minister Continues Annual African Visit, Focusing on Cooperation

China's Foreign Minister Wang Yi will visit four African countries (Namibia, Congo, Chad, Nigeria) from January 8-11, continuing a 34-year tradition of beginning the year with an African trip, aimed at implementing the outcomes of the 2022 Beijing Summit of the Forum on China-Africa Cooperation, foc...

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Partnerships for the Goals

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How does this visit reflect China's broader foreign policy strategy toward the Global South?

The visit underscores China's commitment to strengthening ties with African nations, building on the 2022 summit where President Xi Jinping proposed elevating bilateral relations to a strategic level and creating an "all-weather China-Africa community". This follows China's recent grant of zero-tariff treatment to 33 African least-developed countries.

elpais.com

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Jan 4, 07:10

Mexico Imposes New Taxes on Digital Services and Asian Textiles

Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.

Mexico Imposes New Taxes on Digital Services and Asian Textiles

Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.

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How do the new tariffs on goods from Asia and the USA/Canada differ, and what economic rationale underlies the varying rates?

These measures aim to increase government revenue and protect the domestic economy. The textile tariff specifically addresses what the government views as unfair competition from Asian imports, leveling the playing field for Mexican businesses. Foreign digital service providers are now subject to the same tax regulations as domestic companies.

elpais.com

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Jan 3, 19:10

Biden Vetoes Nippon Steel's US Steel Acquisition

President Joe Biden vetoed Nippon Steel's $14.1 billion acquisition of US Steel, citing national security concerns and potential risks to US steel production, despite overwhelming shareholder approval and Nippon Steel's promises of investment and job security.

Biden Vetoes Nippon Steel's US Steel Acquisition

President Joe Biden vetoed Nippon Steel's $14.1 billion acquisition of US Steel, citing national security concerns and potential risks to US steel production, despite overwhelming shareholder approval and Nippon Steel's promises of investment and job security.

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What is the immediate impact of President Biden's veto on the US Steel-Nippon Steel deal and US-Japan relations?

President Biden blocked the $14.1 billion acquisition of US Steel by Japan's Nippon Steel, citing national security concerns. This veto, anticipated for over a year, comes just weeks before Biden leaves office and may strain US-Japan relations. The decision follows a CFIUS review highlighting risks to national security if Nippon Steel reduced US steel production.

Showing 1,141 to 1,152 of 1,539 results