South Korea and Indonesia on Monday wound up seven and a half years of negotiations on a free trade deal, with an agreement to remove tariffs on steel, autos and beer.
The chief of a major Korean business lobby said he has asked the United States to exempt South Korea from any future tariffs on autos.
Players in the automobile sectors from the East African Community and the Southern African Customs Union are developing a joint policy to encourage motor vehicle manufacturing that is beneficial to both blocs.
Japanese Prime Minister and US President signed off on a bilateral trade agreement that cuts tariffs on farm and industrial products.
The United States and Japan may fall short of signing a trade deal this week, as negotiators from both countries grapple with how to resolve President Trump’s threat to place tariffs on cars from Japan.
A key demand from the EU in the negotiation of a new free trade agreement will be that Australia ditches both its 5 per cent duty on imported European cars and the luxury car tax.
Trade Ministers of Thailand and Indonesia and the Secretary-General of the 10-member ASEAN group met Commerce and Industry Minister Piyush Goyal to discuss ways to speed up the RCEP negotiations
Japan and the United States tried to find middle ground Thursday in working-level negotiations on lifting or cutting tariffs on vehicles and other industrial goods, as they sought to hammer out a bilateral trade agreement.
EU-Mercosur talks continue despite increasing concerns for farmers and the environment. Are farming interests and consumer standards being sacrificed for the benefit of the motor industry?
US Trade Representative Robert Lighthizer will hold talks with Japanese Economy Minister Toshimitsu Motegi in Tokyo today that will focus on a future bilateral free trade deal.
Trump’s threat to raise tariffs 25% looms over the negotiations.
US position would add pressure on Japan during trade talks
The proposed India-EU free trade agreement cannot be finalised without an Indian commitment to lower import duties on cars and car parts, the EU Ambassador to India said.
A failure to seriously resist NAFTA 2.0’s passage into law in Canada, the US and Mexico will amount to capitulation and the acceptance of an agreement that by design, like the original NAFTA, intrinsically serves the interests of Capital.
The European Commission is preparing two mandates: one to cover removal of tariffs on industrial goods and another on areas of possible regulatory cooperation in areas such as pharmaceuticals, medical devices and cyber security.
South Korean parliament ratified a revised free-trade agreement with the US, which is praised by Trump as a “great” deal.
US businesses are seeking a comprehensive trade deal with Japan that also includes services and investments even as Tokyo tries to limit the scope of upcoming bilateral talks to goods only.
Japan is mulling a bilateral trade agreement with the United States that would lower tariffs on US agriculture imports in exchange for avoiding higher tariffs on Japanese autos.
Rules of origin for autos is really a “bilateral” issue between Mexico and the United States because Canada was relatively comfortable with the original US proposal.
Canada is said to prepare to rejoin talks as soon as next week. Mexican ministers are in Washington for third week in a row.