OTTAWA, Canada (AFP) — A senior economic advisor for US President Donald Trump told Prime Minister Justin Trudeau and his cabinet on Monday that Canada should not fear the trade intentions of the new American administration. Speaking at a retreat in Calgary to map out Ottawa’s demands in a renegotiation of the North American Free Trade Agreement (NAFTA), Trump advisor Stephen Schwarzman said Canadians should not be “enormously worried” about the protectionist rhetoric coming out […]
Tag: trade
The skin cure fad threatening Myanmar’s elephants
by Hla Hla HTAY and Caroline HENSHAW Agence France-Presse Mount Kyaikhteeyoe, Myanmar (AFP) — Under the shadow of Myanmar’s famed “Golden Rock” punters haggle for the latest traditional medicine cure — slices of skin from the country’s fast disappearing wild elephants sold for a few dollars a square inch. A set of stairs winds behind one of the Buddhist country’s most holy sites to a maze of shops openly selling everything from pieces of ivory and […]
China says it can resolve trade disputes with new US government
BEIJING, China (AFP) — China and the United States can resolve any trade disputes through talks, the government said on Thursday (January 19), as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump. Trump, who is sworn into office on Friday (January 20), has criticised China’s trade practices and threatened to impose punitive tariffs on Chinese imports. Billionaire investor Wilbur Ross, Trump’s choice […]
Iran seeks fruits and abaca trade in PH
MANILA, Philippines (Eagle News) –The Islamic Republic of Iran has opened its market to various agricultural products from the Philippines. Iran’s Ambassador to the Philippines, Mohammad Tanhael visited Department of Agriculture on Friday, January 13, and said Iran would like to buy more produce in the country, especially abaca, banana, mangoes, and pineapples, while also offering apples and nuts in exchange. “As of now, we are currently buying abaca supply from a country which also […]
Chile vows to strengthen trade with China
Chile vows to strengthen trade with China in the face of protectionist threats from US President-elect Donald Trump, during an official visit of the Asian giant’s president Xi Jinping. https://youtu.be/E4AeLn8_ORo
China signs new trade deals with Peru
LIMA, Peru (AFP) — China’s President Xi Jinping signed new trade deals on Monday with Peru, one of its partners in its drive to boost world trade in the face of protectionist stirrings. A day after taking part in the APEC Asia-Pacific trade summit, Xi made a formal visit to the host nation, a major mineral and food exporter. He and Peruvian President Pedro Pablo Kuczynski in a public ceremony signed 18 agreements, including one […]
Trump says he will move to withdraw from TPP ‘on day one’
WASHINGTON, United States (AFP) — Donald Trump said Monday he would move to pull out of the Trans-Pacific Partnership (TPP) trade deal the day he takes office, in line with a central campaign pledge. “I’ve asked my transition team to develop a list of executive actions we can take on day one to restore our laws and bring back our jobs,” the US president-elect said in a video message outlining priorities for his first 100 days. […]
Obama defends free trade at Asia-Pacific summit rattled by Trump
by Sam Reeves Martin Abbugao LIMA, Peru (AFP) — US President Barack Obama on Sunday defended free trade as fellow Asia-Pacific leaders vowed to fight protectionism after Donald Trump’s shock election victory sparked fears for the future of global commerce. The surprise win by Trump, who vowed to tear up trade deals that he claimed sent American jobs abroad, has raised concerns that years of rolling back trade barriers could be reversed. His victory overshadowed […]
Asia-Pacific leaders talk trade in a Trump world
LIMA, Peru (AFP) – by Joshua Howat Berger Top world leaders meet from Thursday to try to save their cherished free trade accords from feared extinction under US President-elect Donald Trump. Here are three big factors looming over the Asia-Pacific Economic Cooperation (APEC) summit from Thursday to Sunday in Lima, Peru. Trump effect Trump has cast uncertainty on the postwar world order with his vows to tear up or renegotiate international free trade agreements in […]
Belgian minister’s twitter feed hacked, amid trade deal tensions
BRUSSELS, Belgium (AFP) — The twitter account of Belgian Foreign Minister Didier Reynders was hacked on Tuesday, his ministry said, just hours after EU ministers failed to agree on a trade deal with Canada due to opposition by Belgium. “The personal twitter account of MFA Didier Reynders was hacked. The recent messages that are published on this account are not his,” the Belgian ministry of foreign affairs said in a tweet. The posting by Reynders […]
Security is high in Vientiane ahead of regional meeting
(REUTERS) Laos is set to welcome world leaders ahead of an annual summit as it increased security on the streets of capital Vientiane on Monday (September 5). The ASEAN (Association of Southeast Asia Nations) and East Asia Summit (EAS) will bring together leaders from the 10-nations regional bloc and their dialogue partners like United States, China, Russia, Japan and Australia to discuss international issues in a three-day meeting. Topics such as South China Sea […]
Massive food imports arrive in Venezuela from Trinidad and Tobago
PORT OF SPAIN, Trinidad and Tobago (AFP) — Trinidad and Tobago sent approximately 68 tonnes of food and commodities to crisis-hit Venezuela Thursday, with hundreds more tonnes set to arrive in the coming days, a Venezuelan official said. Venezuela, which is enduring severe shortages of food and other basic commodities, will receive 600 tonnes of goods from Trinidad and Tobago under a trade agreement. The embattled South American country is grappling with an economic crisis […]





