trade

The era of trade liberalization is over, and it will be difficult for the incoming Biden administration to re-join the Trans-Pacific Partnership, according to Control Risks.

The Al-Ula declaration resolves all of the outstanding issues that Qatar and other Arab nations had, said Faisal bin Farhan al-Saud, Saudi’s foreign minister.

U.K.-based exporters are facing extra bureaucracy and costs in 2021 as they experience the new post-Brexit trading arrangements.

President Donald Trump vetoed a bill Friday that would have gradually ended the use of large-mesh drift gillnets deployed exclusively in federal waters off the coast of California, saying such legislation would increase reliance on imported seafood and worsen a multibillion-dollar seafood trade deficit.

The House of Commons, as expected, voted in favor of the agreement, and the country will emerge from its Brexit transition period with the EU late Thursday.

Establishing the trust needed for a truly productive relationship will require both sides to abandon unilateralist measures and tendencies, writes Clete Willems

Beijing this year slapped anti-dumping and anti-subsidy duties to the tune of 80.5% against Australian barley.

U.S. Trade Representative Robert Lighthizer said one of President Donald Trump’s achievements was showing that there’s a “major issue” with China.

China accounts for many anti-dumping and countervailing duty orders imposed by the U.S., and makes up a “good portion” of the U.S. entity list, said Ross.

Biden said that “more than several sitting Republican senators privately called to congratulate” him in spite of President Donald Trump’s refusal to concede.

The U.K. and the EU are in the “last leg of negotiations” over a post-Brexit trade agreement, with only a few weeks left to approve any potential deal. 

China’s commerce ministry on Friday announced preliminary anti-dumping duties ranging from 107% to 212% on Australian bottled wine imports.

Joe Biden’s presidency will be a bigger problem for China than the Trump administration, economist Jim O’Neill told CNBC’s “Squawk Box Europe” on Friday.

President-elect Joe Biden’s signaling of a shift in America’s foreign policy objectives is welcome news in Berlin.

“Whether you love the tariffs or hate the tariffs, they have created leverage for United States,” said former top White House trade negotiator Clete Willems.

India was part of the early negotiations for RCEP but said last year it would not join the world’s largest trading bloc.

The U.S. agriculture industry complains that foreign carriers are rejecting its exports in favor of sending back empty containers to be filled with Chinese goods.

The U.S. is not party to either of the massive trade agreements signed by countries in the Asia-Pacific: TPP and RCEP.

Maersk, the world’s largest container shipping firm, matched third-quarter profit expectations on Wednesday amid a stronger-than-expected pickup in demand.

“It’s going to take a great deal of time to regain that respect in the Pacific. I’m really worried about it,” ex-Dallas Fed President Richard Fisher told CNBC.