Trump, European Union and making a deal
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India, Modi and Free Trade
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President Donald Trump said Tuesday he and President Ferdinand Marcos Jr. of the Philippines have reached a trade agreement. Shortly after, he also revealed more detailed terms of an agreement with Indonesia.
Indian Prime Minister Narendra Modi has announced a $565-million line of credit to the Maldives during his visit to the Indian Ocean archipelago.
The U.S. and China have reached an agreement — again — to deescalate trade tensions. China is making it easier for U.S. companies crucial magnets and rare earths materials.
Canada's main stock index edged higher on Friday, led by technology shares, even as U.S. President Donald Trump suggested the United States may not reach a negotiated trade deal with Canada.
This agreement will especially benefit Indian youth, farmers, fishermen and MSME sector, said Prime Minister Narendra Modi
India was unable to secure an exemption from the UK’s carbon tax in the free trade agreement, signed on Thursday, a move that will impact India’s carbon-intensive exports to Britain, think tank GTRI said on Friday.
India's new trade agreement with the UK marks a significant shift in its government procurement policy, allowing British firms extensive access to contracts. Seen as a move away from domestic industrial focus,
The agreements have been overshadowed by U.S. firms issuing warnings about how the tariffs will affect their bottom lines and prolong uncertainty in the U.S. economy.