Exactly 20 years after they started, representatives from the European Union and Mercosur concluded negotiations on one of the biggest trade deals in history. The EU is the South American bloc’s first major trade partner, and the new agreement is the largest ever for both sides.
After trade talks between the U.S. and China collapsed last week, prospects for a trade agreement suddenly appeared dim. Behind the scenes the two superpowers are battling over which nation will dominate as transformative technologies including AI, machine learning and 5G mobility are rolled out across the globe.
Dominated by disputes between China and the US, the recent Asia-Pacific Economic Cooperation summit in Papua New Guinea ended without an agreement for the first time in its history. Escalating tensions between the two economic superpowers, and their ongoing trade war, have businesses scrambling to avoid tariffs and operational disruptions.
The White House released a statement yesterday announcing the successful negotiation of the new United States-Mexico-Canada Agreement, intended to replace NAFTA. Here are some of the significant changes people are talking about now.
The Trump administration imposed a third round of tariffs on Chinese goods, covering roughly $200 billion of imports from China. China retaliated with $60 billion of tariffs. We tell you if this is likely to be a prolonged battle and what US companies need to consider now.
We tell you what UK VAT payers can expect to face if the UK can’t reach an agreement with the EU about the terms of its exit.
The US has imposed tariffs on steel and aluminum imports from the EU, Canada and Mexico. These major US trading partners and traditional allies quickly condemned the measures and vowed retaliation. Here’s what US-based multinationals should be most concerned about now.
America is attempting to renegotiate NAFTA and may withdraw from the pact if its demands aren’t met. Either move would have enormous consequences for US businesses.
In a possible about turn, President Trump recently expressed interest in reopening TPP negotiations. We look at the possible consequences of the US joining the pact.
The UK’s Autumn Budget leaves in place the UK’s low 19 percent corporate tax while vowing to tighten tax rules and crack down on online sales. This post addresses the main points of interest for corporations.