Search Results for: World Trade Organization
Questions raised after India Blocks WTO Trade Deal
August 1st, 2014
Several member states of the World Trade Organisation voiced frustration after India’s demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades. WTO ministers had already agreed the ...
China urges U.S. not to abuse trade system for own advantage
July 17th, 2014
China’s commerce minister urged the United States on Thursday not to abuse the global trade system by imposing duties on Chinese goods to protect its own economy, following a rebuke to Washington by the World Trade Organization. WTO judges ...
British pound plunges
December 22nd, 2020
Concerns about a new strain of coronavirus in the U.K. drove the British pound to its biggest loss since March, though the currency pared much of the loss after Prime Minister Boris Johnson made another offer to salvage Brexit ...
US set to impose tariffs on $7.5bn of EU exports; Is there an economic impact?
October 4th, 2019
The US has been given the go-ahead to impose tariffs on $7.5bn (£6.1bn) of goods it imports from the EU. It is the latest chapter in a 15-year battle between the US and the EU over illegal subsidies for ...
Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows
September 3rd, 2019
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal ...
Stocks in Europe are poised for a mixed open Tuesday; Technology stocks in focus
July 17th, 2018
Stocks in Europe are poised for a mixed open Tuesday as investors await further corporate results and remarks by Federal Reserve Chairman Jerome Powell. The FTSE 100 is seen up by 6 points at 7,601; the DAX is expected ...
US releases $200bn list of Chinese products for possible new tariffs
July 11th, 2018
Accusing China of not negotiating “seriously” on trade, the Trump administration has released a list of products it wants to impose a ten percent tariff on, amounting to $200 billion. The new tariffs would kick in within 60 days. ...
Why We’re Ungovernable: Europe Gets Its Doomsday Scenario
April 20th, 2017
The rise of French far-right presidential candidate Marine Le Pen has made a lot of people nervous since, among many other things, she’s in favor of leaving the eurozone, which would pretty much end the common currency. But since ...
All you need to know about Article 50 and the Brexit process
March 29th, 2017
The formal two-year process governing Britain’s departure from the European Union (EU) begins when Article 50 of the Treaty of Lisbon, which became law in 2009, is triggered on Wednesday. Here, CNBC breaks down all the issues as the ...
China Begins To Cut Tariffs For IT Products
September 21st, 2016
China reduced its trade tariffs on 201 information technology (IT) products under the expanded Information Technology Agreement on September 15. The cut to its duty rates follows through with China’s commitments within the expanded Information Technology Agreement (ITA), which ...
