Amid recent slowdown in global trade, ‘green goods’ are the winning ticket
New York: Global trade slowed down in the second half of 2022, but demand for environmentally friendly goods stayed strong, the UN Conference on Trade and Development, UNCTAD, said on Thursday.
Canada loses to US in first dispute under new Canada-US-Mexico Agreement on dairy imports
Ottawa/IBNS: Canada has lost to the US in the first-ever dispute case under the new North American trade agreement when a three-member panel agreed that Canada's imposition of complicated rules violated its promise to allow more dairy imports.
Trump says delay of increased tariffs on Chinese imports possible
Moscow, Aug 26 (Sputnik/UNI) US President Donald Trump said Monday that it was possible Washington would delay increasing tariffs on Chinese imports announced last week as trade talks between the two global heavyweights continue.
India-Pak trade much below potential: World Bank
Islamabad, Dec 6 (IBNS): A World Bank report has said trade between India and Pakistan could be as high as $37 billion as compared to the current $2 billion, The Dawn reported.
EU introduces retaliatory tariffs on US goods
Brussels, Jun 22 (IBNS): The European Union has introduced retaliatory tariffs on goods from the United States of America, reports said on Friday.
France, UK, Canada rap Trump, say US trade tariffs absurd, illegal
Paris/LondonJun 2 (IBNS): As US trade tariffs came into force, allies France, the UK and Canada have joined hands in condemning American President Donald Trump, stating that the move is absurd and illegal.
Switzerland , Jan 20 (Just Earth News): Leaders from business and policy-making are not expecting a return to 1930s-style trade war, despite the populist backlash in parts of the world against globalization and free trade. Nevertheless, the reality is that nationalism and protectionism are on the rise globally and the case for globalization needs to be made, agreed panellists in a session at the World Economic Forum Annual Meeting.
Canada PM Trudeau to travel to Brussels for inking Canada-EU trade deal
Ottawa, Oct 29 (IBNS): Canadian Prime Minister Justin Trudeau is scheduled to travel to Europe tonight to sign the iconic Canada-EU free trade deal, soon after it got finalized after loads of discrepancies.
Trade deficit in Canada shrinks to eight-month low as exports rise
Ottawa, Oct 5 (IBNS): Statistics Canada on Wednesday released a report stating Canada's trade deficit in August shrank to $1.94 billion, the lowest for eight months, as exports posted a third consecutive gain and imports stayed flat.