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Hong Kong and Southeast Asian nations signed a free trade deal Sunday, in what one minister described as a “clear vote” against protectionism, as the United States withdraws into its “America First” rhetoric. The city, a special administrative region of China, forged the agreement with the Association of Southeast Asian Nations (ASEAN) on the sidelines of a summit in Manila to be attended by world leaders including US President Donald Trump. The ministers were meeting […]
BERLIN, Germany (AFP) — German Chancellor Angela Merkel said Tuesday she wanted to resume talks between the European Union and the United States on the Transatlantic Trade and Investment Partnership (TTIP). “I am in favor of resuming negotiations on such a free trade accord — and also resolving all the problems together,” Merkel told an economic symposium of her ruling Christian Democratic Party. Initial talks on the TTIP, which would create a huge free trade […]
BRUSSELS, Belgium (AFP) — A push by French President Emmanuel Macron to hand Brussels more powers to control Chinese investments in Europe’s key industries faced a setback on Thursday from European Union partners who fear a rise of protectionism. European leaders will discuss the thorny topic of international trade on the second day of an EU summit on Friday, as Europe seeks to champion free trade against the protectionist policies of United States President Donald Trump. […]
AUCKLAND, New Zealand (Reuters) — New Zealand Prime Minister Bill English on Friday (March 24) announced a renewed push to promote free trade in his first major trade policy announcement since taking over as leader last December. New Zealand’s $180 billion economy depends on exports, and the country lobbied hard in favour of the Trans-Pacific Partnership trade deal. It wants to push for an expansion of a free-trade agreement with China at a meeting with […]
CANBERRA, Australia (Reuters) — Chinese Premier Li Keqiang said on Friday (March 24) that Beijing and Canberra should extend free trade to more sectors and defended China’s stance on the disputed South China Sea. Li, the first sitting premier to visit Australia in 11 years, said China will now accept chilled beef exports from all licensed exporters. China is already Australia’s largest trading partner, business that has been propelled by the wide-ranging free trade agreement […]
TOKYO, Japan (Reuters) — Japanese Prime Minister Shinzo Abe told parliament on Monday (January 23) he is confident the new U.S. President Donald Trump believed in free trade, and would be convinced of the importance of the Trans-Pacific Partnership (TPP) trade pact, and the contributions of Japanese firms to the U.S. economy. “I believe President Trump understands the importance of free and fair trade, so I’d like to pursue his understanding on the strategic and […]
