• G7 agrees on tax rules reform

      G7 agrees on tax rules reform

      The finance ministers of G7 and central bank governors agreed last week that digital giants such as Facebook, Google, Amazon or Apple should be taxed in every country they make money in, even without being physically present there.

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    • US, China resume trade talks

      US, China resume trade talks

      Top US and Chinese trade officials relaunched trade talks as Washington and Beijing work to iron out a trade deal after a two-month hiatus. According to American media, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan “to continue negotiations aimed at resolving the outstanding trade disputes” between the world’s two largest economies.

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    • US threatens new tariffs on $4bn of EU goods

      US threatens new tariffs on $4bn of EU goods

      The United States threatened on Monday to impose tariffs on $4bn in European Union goods, citing vague “additional analysis” ostensibly over the lengthy dispute involving subsidies for the world's two largest plane manufacturers. The decision though also came mere days after the bloc restarted trade in essential goods with Iran.

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    • EU and Mercosur strike trade pact after 20-year talks

      EU and Mercosur strike trade pact after 20-year talks

      The European Union and South American bloc Mercosur agreed a free trade treaty on Friday, concluding two decades of talks and committing to more open markets in the face of a rising tide of protectionism.EU Commission chief Jean-Claude Juncker said it was the EU's biggest deal to date and, at a time of trade tensions between the US and China, showed that "we stand for rules-based trade". Brazil's President Jair Bolsonaro said it was "historic" and "one of the most important trade deals of all time".

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    • US and China agree to continue tariff talks

      US and China agree to continue tariff talks

      The United States and China agreed on Saturday to restart trade talks and Washington will not levy new tariffs on Chinese exports, China’s foreign ministry said, raising hopes for the world’s two largest economies to resolve their trade war.

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    • EU-Vietnam trade and investment agreements to be signed

      EU-Vietnam trade and investment agreements to be signed

      The Council of Ministers today approved the EU-Vietnam trade and investment agreements, paving the way for their signature and conclusion at the end of the week. EU Commissioner for Trade Cecilia Malmstrom and Romanian Minister for Business, Trade and Entrepreneurship Stefan-Radu Oprea are now expected to sign the agreement on the EU's behalf in Hanoi on Sunday 30 June.

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    • US further tightens sanctions on Iran

      US further tightens sanctions on Iran

      The United States is today due to further tighten sanctions on Iran, as relations between the two countries continue to deteriorate. Washington has previously sanctioned economically significant sectors of Iran such as oil, banks, aircraft and steel, leaving smaller targets including certain exports not restricted so far as well as government officials unaffected by previous measures.

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