• US-China trade talks nearing 'final round'

      US-China trade talks nearing 'final round'

      US Treasury Secretary Steven Mnuchin said on Saturday that a US-China trade agreement would go “way beyond” previous efforts to open China’s markets to US companies and expressed hope that the two sides are edging “close to the final round” of negotiations. He also called the agreement under discussion “the most significant change in the trading relationship in 40 years,” adding that it would have “real enforcement on both sides.”

    • EU-China: reinforcing ties

      EU-China: reinforcing ties

      European Council President Donald Tusk, European Commission President Jean-Claude Juncker and Li Keqiang, Premier of the State Council of the People's Republic of China, met on 9 April in Brussels for the 21st EU-China Summit to add new dynamics for reinforcing the cooperation between the two parties. The EU is China's largest trading partner and China is the EU's second largest.

    • EU countries approve launch of US trade talks

      EU countries approve launch of US trade talks

      EU Member States gave the green light on Thursday for Brussels to open trade talks with Washington, ending months of stalemate due to opposition from France. Yet, France said it would nonetheless make a show of opposing the start of the talks when the negotiating mandate is put to a vote of EU agriculture ministers on Monday, seen as largely symbolic.

    • US warns of new tariffs on EU goods

      US warns of new tariffs on EU goods

      The United States is threatening to slap tariffs on billions of dollars' worth of imports from Europe, in retaliation for what it calls unfair subsidies of Airbus jets. The proposed tariffs would cover not only aircraft but also wine, cheese, woolen suits, Swiss knives and other signature European products. The proposed levies were announced by President Donald Trump, who argued on Twitter that the EU has "taken advantage of the US on trade for many years" and is now time for a change.

    • EU, China step up cooperation

      EU, China step up cooperation

      From 1 to 3 April 2019, an EU delegation led by EU Commissioner for the Environment, Maritime Affairs and Fisheries, Karmenu Vella is visiting China to continue and deepen EU - China environmental bilateral relations. The Commissioner will meet several Chinese ministers to discuss shared priorities related to water and circular economy, wildlife and forest protection, the EU-China Ocean Partnership, and the fight against illegal fishing.

    • China-US trade talks progress

      China-US trade talks progress

      China has made unprecedented proposals in talks with the United States on a range of issues including forced technology transfer as the two sides work to overcome remaining obstacles to a deal to end their protracted trade war, US officials told Reuters on Wednesday. Yet, sticking points remain.

    • US-China resume trade talks

      US-China resume trade talks

      US officials will travel to China next week to resume face-to-face talks aimed at ending a trade war between them, the White House announced on Saturday. Chinese officials will visit US for further talks in Washington in the beginning of April, as well.

    • EU is open to cooperation with China, despite concerns over unfair trade practices

      EU is open to cooperation with China, despite concerns over unfair trade practices

      EU foreign policy chief Federica Mogherini and Chinese Foreign Minister Wang Yi on Monday stressed common intention for cooperation, despite EU concerns over unfair Chinese trade practices, news wires reported. Wang met in Brussels with EU foreign ministers, saying the event is the first of its kind in the 44-year history of Chinese relations with the EU. The meeting aimed to prepare an EU-China summit on 9 April.

    • US to deprive Turkey,  India from trade privileges

      US to deprive Turkey, India from trade privileges

      Under the order of President Donald Trump, the US will scrap the preferential trade status granted to India and Turkey, news wires reported on Monday. The US trade chief's office said in a statement that Washington “intends to terminate India's and Turkey's designations as beneficiary developing countries under the Generalised System of Preferences (GSP) programme because they no longer comply with the statutory eligibility criteria”. Under this programme, certain products can enter the US duty-free if countries meet eligibility criteria including “providing the US with equitable and reasonable market access”.

    • Saudi Arabia strikes $10bn China deal

      Saudi Arabia strikes $10bn China deal

      Saudi Arabia's Crown Prince Mohammed bin Salman got a great deal with China as Saudi Aramco signed off on a $10bn refinery and petrochemical project with two Chinese companies hours before the meeting with President Xi Jinping to wrap up his two-day visit culminating on Friday.