International Trade

Inspection battle threatens Egypt`s wheat supply

Inspection battle threatens Egypt`s wheat supply

Published 17/10/2017

Wheat shipments to Egypt, the world's largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin. [more…]

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat

Published 17/10/2017

Airbus SE has agreed to buy a majority stake in Bombardier Inc's CSeries jetliner program, giving a powerful boost to the Canadian plane and train maker in its costly trade dispute with Boeing Co. [more…]

U.S. hikes tensions in NAFTA talks with call for `sunset clause`

U.S. hikes tensions in NAFTA talks with call for `sunset clause`

Published 13/10/2017

Washington has dramatically increased tensions in talks to renew the North American Free Trade Agreement by proposing that the lifespan of any new deal be limited to five years, people familiar with the negotiations said on Thursday. [more…]

Factbox: Major points of friction as NAFTA talks sour

Factbox: Major points of friction as NAFTA talks sour

Published 13/10/2017

U.S. demands for more favorable treatment under the North American Free Trade Agreement, and a proposal that any new deal be allowed to expire after five years, heightened tensions as negotiators held another round of talks to renew the pact this week. [more…]

Prime Minister Trudeau says Canada will not abandon NAFTA talks

Prime Minister Trudeau says Canada will not abandon NAFTA talks

Published 13/10/2017

Prime Minister Justin Trudeau said on Thursday Canada will not walk away from talks to rehash the North American Free Trade Agreement (NAFTA) despite a U.S. proposal to include a clause that could terminate the pact in five years. [more…]

Canada, Mexico vow to stick with NAFTA talks, Mexico works on Plan B

Canada, Mexico vow to stick with NAFTA talks, Mexico works on Plan B

Published 13/10/2017

The leaders of Mexico and Canada on Thursday pledged to work toward a renegotiation of the North American Free Trade Agreement (NAFTA) even as talks taking place in the United States turned sour due to hard-line U.S. demands. [more…]

South Korea expects arms, shale gas on U.S. agenda in trade talks

South Korea expects arms, shale gas on U.S. agenda in trade talks

Published 13/10/2017

South Korea's trade minister Kim Hyun-chong said on Friday the United States may demand that Seoul guarantees it will step up arms purchases and imports of U.S. shale gas if the two countries renegotiate a free trade agreement. [more…]

Shaky NAFTA deal threatens Navistar`s Mexico-made exports to world

Shaky NAFTA deal threatens Navistar`s Mexico-made exports to world

Published 09/10/2017

Less than half the trucks exported from Navistar's mammoth Escobedo plant in Mexico are sold in North America but the factory's success remains tightly tied to the uncertain future of the region's NAFTA free trade deal. [more…]

German industrial output posts biggest surge since July 2011

German industrial output posts biggest surge since July 2011

Published 09/10/2017

German industrial production jumped more than expected in August, posting its biggest monthly increase in more than six years, data showed on Monday, in a further sign that Europe's biggest economy is set for solid growth in the third quarter. [more…]

Japan, U.S. to hold second round of economic dialogue on October 16

Published 06/10/2017

Japanese Finance Minister Taro Aso said on Friday he would meet U.S. Vice President Mike Pence in Washington D.C. on Oct. 16 for the second round of an economic dialogue between the two countries. [more…]