Although NAFTA talks resumed, and progress was made towards the modernization of the trilateral agreement, tariff fears still weigh.
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Although NAFTA talks resumed, and progress was made towards the modernization of the trilateral agreement, tariff fears still weigh.
The two economic giants completed trade talks on Thursday among mid-level officials, without any major breakthroughs, as it was widely expected. New tariffs kicked in on $16 billion worth of imports from China by the USA, followed immediately by reciprocal tariffs from China.
The US – China trade dispute is still alive and well. Trump’s administration recent threat for additional tariffs on $200bn Chinese products has once again come to the forefront.
Despite Trump’s administration recent threat for additional tariffs on $200bn Chinese products, the US Senate passed a bill in the opposite direction.
Dominic Raab becomes new Brexit secretary after unexpected David Davis resigns. Britain’s top Brexit negotiator has resigned from May’s cabinet objecting to UK Prime Minister’s vision for the country’s “softer” exit.