trade barriers News

Trump, EU Agree to Trade Talks; Place Auto Tariffs on Hold

In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade …

U.S. to Open Trade Talks on Global Insurance, Financial Services

The U.S. Trade Representative’s office is expected to notify Congress soon of its plan to enter into talks with the European Union and more than a dozen other countries on a pact to tear down barriers to trade in finance …

ICC Proposes Measures to Stimulate Global Economy

The International Chamber of Commerce has unveiled the initial recommendations of its Business World Trade Agenda initiative, aimed at stimulating the global economy by helping to move the World Trade Organization’s (WTO) multilateral trade negotiations out of an 11-year deadlock. …

U.S. Chamber, European Business Call for Removing Transatlantic Trade Barriers

The U.S. Chamber of Commerce and BUSINESSEUROPE have issued the following statement in a letter signed by twelve U.S. and European business associations to President Obama and EU Presidents Van Rompuy and Barroso, calling for urgent action to create a …

EU Says Doha Deal Could Boost World Exports by $505 Billion, If Revived

Moribund talks for a global accord to open up trade could boost world exports by more than half a trillion dollars a year if they were revived and completed, lifting global economic growth by 0.2 percent, an EU report said …

US, India Pledge Market Access Cooperation; Could Ease Insurance Barriers

Finance chiefs from the United States and India pledged on Tuesday to continue efforts to open up India’s financial, retail, manufacturing and infrastructure sectors to competition but offered no specific measures to boost access for American firms. Wrapping up annual …