TRADE in ACTION|Building a transatlantic marketplace

TRADE in ACTION


Upcoming:  NAFTA talks are continuing in Washington, DC with the negotiators hoping to reach a deal in the upcoming days.

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Upcoming: The IMF will publish the World Economic Outlook Tuesday, April 18.

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On the US side: President Trump revealed his intention to impose additional tariffs on Chinese imports Tuesday night. A few hours later, China struck back with an announcement of retaliatory tariffs on $50 billion worth of US goods imports, mainly concentrated on agricultural produce.

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On the EU side: The EU launched a safeguard investigation  into steel products to prevent trade diversion into the EU.

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HEADLINES
March madness seems to transcend from sports to trade these days…
On the US side: As the US President releases more details on the upcoming tariffs, there has also been considerable concern surrounding the national security justification behind the tariff package, as it might be creating precedent for other countries to do the same. President Trump also spoke with the leaders from Argentina, Australia and France and signaled progress made with Australia in reaching an exemption agreement on the tariffs

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HEADLINES
Global: The 11 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) (Formerly TPP but now without the United States) signed the new trade agreement in Chile yesterday. 

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HEADLINES

On the EU side: Brexit negotiations resume between U.K. and EU officials on the thorny issue of the transition period.   

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HEADLINES

Global: The final version of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was released on Wednesday, signalling the pact was a step closer to reality even without involvement by the United States. 

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HEADLINES

At the Munich Security Conference  IMF managing director Christine Lagarde elaborates on the ingredients of the global economy. Full interview here
Sweet: Steady and synchronized growth, driven by all engines: consumption, investment, trade. Employment. 
Sour: Financial vulnerabilities, inconsistent economic policies, government debt, geopolitical risks. 
Bitter Sweet: Increasing income and wealth inequality.
More Key Quotes and Speeches and Remarks from the Munich Security Conference.

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