OTTAWA—Prime Minister Justin Trudeau used the specter of gnarled global supply chains in a bid Sunday to a bloc of Southeast Asian nations to win them over on a free trade deal. Trudeau has long sought a trade deal with the 10-nation bloc, which includes the Philippines, Indonesia, Brunei, Singapore, Malaysia, Thailand, Vietnam, Laos, Cambodia…
Trudeau Uses Pandemic Plagued Supply Chains in Free Trade Pitch to ASEAN
China Applies to Join Pacific Trade Pact in Bid to Boost Economic Clout
BEIJING—China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the country’s commerce ministry said on Thursday, as the world’s second-biggest economy looks to bolster its clout in trade. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in a letter to New Zealand’s trade…
Scottish and Northern Irish Ministers Raise Australia Deal Concerns
Rural affairs ministers from Scotland and Northern Ireland have written to the UK government with concerns about the Australia trade deal. In a joint letter to International Trade Secretary Liz Truss, the two administrations say the deal risks having a disproportionate impact on domestic farmers and producers. Prime Minister Boris Johnson and his Australian counterpart,…
UK Pushes Pacific Trade Talks Amid Broader New Focus on Asia
BANGKOK—The UK launched negotiations Tuesday to join a trans-Pacific trade bloc as it looks to explore new opportunities following its departure from the European Union and strengthen its strategic interests in Asia. The start of talks to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), made up of 11 counties with a combined…
Australia Wants U.S. Back in TPP to ‘Set the Rules’: Sinodinos
Australia wants the U.S. back in the controversial Trans-Pacific Partnership (TPP) under President Joe Biden. While the U.S. was an original member of the agreement, former U.S. President Donald Trump withdrew from the TPP after his election in 2016. The remaining 11 countries then re-negotiated a new free trade agreement, the Comprehensive and Progressive Trans-Pacific…
Australia’s Ambassador to US Calls on Biden to Rejoin Trans-Pacific Partnership
Australia’s Ambassador to the United States, Arthur Sinodinos, has called on U.S. President Joe Biden to rejoin the controversial Trans-Pacific Partnership (TPP). While the United States was an original member of the agreement, former President Donald Trump withdrew from the TPP after his election in 2016. The remaining 11 countries then re-negotiated a new free…
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- Andrew MoranThe U.S. economy is expected to contract in the second quarter, the latest estimate from the Federal Reserve Bank of Atlanta found. According to the Atlanta Fed Bank’s GDPNow model,… [...]
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