Prime ministers
A trade deal with the Gulf states could compromise British farmers' high welfare standards by allowing the importation of low-welfare meat, the National Farmers' Union (NFU) has warned in a letter to the prime minister. The deal, worth £1.6bn, would grant Gulf states unlimited access to the
Prime ministers
The United Kingdom and the United States have reached a trade deal, with significant implications for the automotive and aerospace industries. The deal, announced by Prime Minister Sir Keir Starmer and President Donald Trump, will see tariffs on British cars and aircraft parts slashed within days. This comes as a
Prime ministers
Sir Keir Starmer's comments on Donald Trump's health have sparked debate after the US president dropped pages of the UK-US trade deal during a photo opportunity with the Prime Minister at the G7 summit. Mr. Trump, 79, appeared to have a moment of carelessness, which was
Prime ministers
Egyptian Prime Minister Mostafa Madbouly announced that the country has approved a free trade agreement with Serbia, which will gradually eliminate customs duties and quantitative restrictions on imports and exports of goods between the two nations. The agreement is expected to increase bilateral trade, which has more than tripled to
Tariffs
Following weeks of talks, the UK and US have signed the first part of their trade agreement, which includes a 10% levy on most UK goods and steel remaining a question mark. The deal also includes reciprocal access to 13,000 metric tonnes of beef for both US and British
Tariffs
British Prime Minister Sir Keir Starmer met with US President Donald Trump at the G7 summit in Kananaskis, Alberta, where they signed the UK-US trade deal, with the agreement allowing the US to implement quotas that effectively eliminate the tariff on British steel and cut the tariff on UK vehicles
Tariffs
The UK and the US are on the cusp of finalizing a trade deal that will significantly reduce tariffs on British car exports, facilitating the import of more beef and ethanol. The deal, negotiated by Britain's business secretary Jonathan Reynolds, is expected to be signed within the next
European Union
IKEA, the Swedish furniture major, aims to source 50% of its products from India, up from the current 30%, Swedish Minister for International Development Cooperation and Foreign Trade Benjamin Dausa announced on Wednesday. This statement was made during a joint session with industry leaders from India and Sweden, emphasizing the
Tariffs
China's decision in April to restrict exports of rare earth minerals, particularly the less common "heavy" rare earth elements, has proven to be a more effective and targeted move than the US's tariffs. Despite the US's attempts to negotiate a trade deal,
Tariffs
European stock markets suffered losses except for Britain on Thursday, despite the newly announced trade deal between the US and China. The pan-European Stoxx 600 dropped 0.33%, with Germany's DAX 40 index down 0.74% and France's CAC 40 falling 0.14%. The trade deal,
European Union
Brazil and the European Free Trade Association (EFTA), composed of Switzerland, Norway, Iceland, and Liechtenstein, are nearing completion of a free-trade agreement that could be announced at the upcoming Mercosur summit in Buenos Aires, Argentina. The deal is seen as a strategic move to boost trade and counterbalance the impact
European Union
The European Union has sought to simplify the certification process under India's Quality Control Orders (QCOs) during the ongoing free trade agreement (FTA) negotiations. This move aims to ease the process of ensuring compliance with QCOs for the EU's exporters to India. In a significant development,
