Home » Tag Archives: deal

Tag Archives: deal

China’s Vice Premier Coming To Washington To Sign Trade Deal

  China’s economy czar will visit Washington next week for the signing of an interim trade deal, the government said. Vice Premier Liu He, Beijing’s chief envoy in talks with Washington over their tariff war, had been expected to attend the signing but the Commerce Ministry’s statement was the first official confirmation. Washington postponed planned tariff increases following the announcement of ...

Read More »

Tax hike, Global Slowdown Set To Dent Japan’s Economic Growth In 2020

Japan’s economic growth is expected to slow modestly in 2020, as a consumption tax hike combined with a sluggish global economy are poised to drag on flagging consumer spending and exports. The government’s 26 trillion yen ($237 billion) stimulus package and Tokyo Olympics and Paralympics-linked spending by tourists will serve to underpin the world’s third-largest economy. Japan’s real gross domestic ...

Read More »

USMCA To Have Positive Impact On Agriculture

The United States-Mexico-Canada Agreement was passed with a bipartisan vote of 385-41, which was agreed by Speaker of the House, Nancy Pelosi and Trump. The new deal replaces the North American Free Trade Agreement, and tariffs on most agricultural products between the three countries remained at zero. The deal imposes stricter labor and environmental enforcement provisions and opens up more agricultural trade ...

Read More »

Exporters Warned Of Potential Trade Barriers Under EVFTA

Vietnamese businesses should prepare to deal with potential trade barriers that could arise early next year when the historic EU-Việtnam Free Trade Agreement (EVFTA) takes effect. Phạm Bình An, director of the HCM City International Integration Support Centre, said the EVFTA trade deal was expected to increase Việtnam’s GDP by 4.3 per cent by 2030, and exports to the EU could surge by about 44 per cent by 2030. According to ...

Read More »

U.S.-Japan Trade Deal: A Win For Farmers

A newly approved U.S.-Japan trade deal is being called a win for farmers. The agreement will lower tariffs for U.S. beef and pork exports and completely eliminate tariffs for other agricultural goods. Japan’s Parliament approved the deal Dec. 4, after being agreed upon by President Donald Trump and Japanese Prime Minister Shinzo Abe in September. It’s being lauded by U.S. ...

Read More »

U.S.-China Trade Deal Close, Negotiations Continue

The United States and China are close to agreement on the first phase of a trade deal, U.S. President Donald Trump said, after top negotiators from the two countries spoke over the telephone and agreed to keep working on remaining issues. Trump said Washington was in the “final throes” of work on a deal that would defuse a 16-month trade ...

Read More »

Phased Rollback Of Trade Tariffs Expected By US And China

The ongoing trade war seems to be reaching some breakthrough with negotiators from US and China trying to arrive at an interim deal. The Chinese Ministry of Commerce revealed that once the agreement is signed, both the countries may agree to eliminate the additional tariffs in a phased manner. Extensive discussions to end the trade war between US and China ...

Read More »