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Investors from Australia, Canada and the UK that meet certain criteria will be exempted from some new US restrictions on foreign investment – but New Zealand didn’t make the cut. The three countries have been added to an ‘excepted states’ list and may face different compliance requirements to revised US investment regulations released recently. The finalized rules, which will come into effect ...

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Trade Progress For Agriculture

Farmers can expect benefits from pending trade agreements with China and North America as well as a recent agreement signed with Japan, the head of the United States Department of Agriculture (USDA) Foreign Agricultural Service (FAS) said at Land Expo 2020 in Des Moines, Iowa. Ken Isley, administrator of Foreign Agricultural Service (FAS) revealed that the the U.S. beef industry will benefit from ...

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Trump’s Trade Wars Continues To Ripple Through U.S. Economy

As U.S. President Donald Trump and Chinese Vice Premier Liu He prepare to sign the ‘phase 1’ trade deal, data show that the costs of Trump’s trade wars are proving more widespread, deeper and longer-lasting than previously believed. Research from the U.S. Federal Reserve and other top economists shows that U.S. tariffs on Chinese industrial components and materials, which largely won’t be lifted ...

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China-Built Pakistani Port Begins Handling Afghan Transit Trade

Pakistan’s newly opened southwestern Gwadar seaport has begun handling transit cargo headed to and from landlocked Afghanistan, marking a significant outcome of Islamabad’s multi-billion-dollar collaboration with China. Kabul traditionally has relied on Pakistani overland routes and the two main southern seaports of Karachi and Port Qasim for international trade under a bilateral deal with Islamabad, known as the Afghan Transit Trade ...

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Details Of Phase One Deal Revealed

China has committed to making large scale purchases of US$200 billion of American goods as part of the phase one trade deal. Purchase target for manufactured goods of around US$75 billion, with China also committing to buy huge amounts of energy, agriculture and services. The target for manufactured goods purchases will be the largest, worth around US$75 billion, US$50 billion worth ...

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European Shares Inch Lower Ahead Of Sino-U.S. Trade Deal

European shares treaded water as investors awaited the signing of an initial trade truce to end a prolonged U.S.-China tariff dispute, with attention also turning to the fourth-quarter corporate earnings season. The Phase 1 Sino-U.S. trade deal, due to be signed in Washington soon, marks the first step in winding down the prolonged and damaging trade war. In further signs of goodwill, ...

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EU Trade Chief Foresees Financial Services For Fishing Brexit Bargain

The EU’s trade commissioner has suggested there could be a last-minute trade-off with Brussels offering the city of London access to European markets in return for European fleets retaining their fishing rights in British waters. The UK’s financial services sector will lose its automatic right to serve Europe-based clients at the end of the transition period and the EU will need to ...

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EU’s Tough New Trade Boss Seeks Reset With Trump

New European Union Trade Commissioner Phil Hogan arrives in Washington on what could be an impossible mission — resetting the world’s largest investment and trade relationship after three years of President Donald Trump’s trade-rattling tariffs. The challenge could be the 6-foot-5-inch Irishman’s most daunting to date, following tough but successful negotiations on an EU beef deal with the U.S. and ...

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U.S. Exempts Australia, Canada, UK From Some Foreign Investment Review

The Trump administration will exempt some companies from Australia, Canada and the United Kingdom from beefed up scrutiny of foreign investments in the United States. The finalized rules, which will go into effect on Feb. 13, extend the powers of the Committee on Foreign Investment in the United States, known as CFIUS, which has increasingly flexed its muscle against Chinese firms. They ...

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Australia’s Rubicon Water Improves Water Efficiency For India’s Farmers

Melbourne-based Rubicon Water focuses on improving large-scale, gravity-fed irrigation systems. The company offers advanced technology designed to sustainably increase global food and fibre production by improving water use efficiency. Rubicon’s solutions autonomously control the delivery of irrigation water to farms in irrigation channels, which reduces losses and improves the reliability, flexibility and timeliness of supply. The company also has a range ...

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