European Union
As I visited Edinburgh to meet with political representatives, businesses, and charities, it became clear that reducing barriers to trade with the EU is crucial for driving economic growth and keeping Scotland safe in an uncertain world. Scotland's close alignment on security and defense is in the interests
Tariffs
The US trade deal announced last week, which aims to expand access for US beef and bioethanol producers to the UK, has raised concerns among British farmers and food producers. Brooke Rollins, a senior US official, indicated that pork, poultry, and other sectors are "at the front of the
European Union
During my recent visit to Edinburgh, I heard from political representatives, businesses, and charities about the need for a stronger relationship with the EU. Scotland wants to reduce barriers to trade with its largest trading partner, drive economic growth, and ensure a safe and secure future in an increasingly uncertain
Tariffs
The three-month detente in the US-China trade war has provided a much-needed relief for the global economy, with both sides agreeing to slash duties on each other by 115 percentage points and establishing a "consultation mechanism" to help resolve ongoing trade disputes. Beijing has also committed to "
Tariffs
Morocco, a hub for car manufacturing and trade between Europe and Africa, has become an attractive destination for Chinese companies looking to bypass tariffs for exports to Europe. The country's strategic location, low or no tariffs, and favorable business climate have made it an ideal connector country for
Trade agreements
The White House has announced that the United States and China have reached a tentative trade agreement following two days of high-level negotiations in Geneva. The deal marks a significant step towards resolving the trade war between the two nations, which has seen both countries impose tariffs exceeding 100% on
International negotiations
The United States and China have made significant progress in their trade talks, according to US Treasury Secretary Scott Besant, who announced that the two sides had reached a trade agreement following two days of talks in Geneva, Switzerland. The agreement comes after months of trade tensions and tariffs imposed
Tariffs
China has issued a warning to nations against pursuing trade agreements with the United States at its expense, escalating tensions in a rapidly escalating trade war between the world's two largest economies. This move comes as countries prepare to engage in talks with the US to secure exemptions
Free trade
The United States and India have been working towards a bilateral trade agreement, with Finance Minister Nirmala Sitharaman stating that India is "actively engaging" with the new US administration to conclude the first tranche of the agreement by fall (September-October) this year. This comes amidst concerns over reciprocal
Mining industry
India and the United States are working to strengthen their partnership on critical minerals by jointly exploring third countries to secure their supply chains, a move aimed at countering China's dominance in the sector. This effort is part of a broader strategy to establish a robust and diversified
International trade
Australian Prime Minister Anthony Albanese has underscored the importance of a rules-based trade system in revitalizing relations with China, speaking at the China International Import Expo in Shanghai. The visit marks a significant shift in diplomatic approach, as the two nations work to eliminate barriers to trade and investment after
International trade
The U.S. Trade Representative, Katherine Tai, has announced that the United States will drop its longstanding digital trade demands in talks with the World Trade Organization. This move marks a significant departure from the country's previous stance on digital trade, which emphasized principles such as non-discrimination, data
