Canada drops tech tax to restart US trade talks
Canada will rescind a planned digital services tax in order to advance stalled trade talks with the U.S., Ottawa announced on Sunday.
Global Trade
Global Trade
China, U.S. Confirm Particulars of their Trade Deal, Beijing Says
He added that there was a lack of clarity on which rare earth export curbs will be relaxed, barring magnets.
A Strait of Hormuz Blockade Could Hit Global Oil, But China May Be Less Vulnerable Than It Looks
Iran was China’s third-largest crude oil supplier
Japan’s Nippon Finalize Controversial US Steel Deal after Trump Pact
The plan, first announced in 2023, had been seen as a lifeline for the storied but struggling 124-year-old US Steel.
Trump says rare earths deal ‘done’ with China
“Our deal with China is done, subject to final approval with President Xi and me,” Trump wrote.
Canada’s April Trade Deficit Expands to Historic High as Tariffs Cripple Exports
Exports to the U.S. shrank by 15.7%, a third consecutive monthly decline, Statscan said, adding that exports south of the border have fallen by over 26% since the peak seen in January.
Trump agrees to extend EU trade talks after 50% tariff threat
“We had a very nice call, and I agreed to move it,” Trump said
PM secures new agreement with EU to benefit British people.
“Britain is back on the world stage,” Starmer said. “This deal is a win-win.”
Nissan says it could share global plants with Chinese state firm.
Building vehicles for another company could help make the factory more profitable, as well as providing more jobs.
India disputes Trump claim it is ready to charge US ‘no tariffs’.
“Negotiations have been going on,”