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Search resuls for: "Truss"


8 mentions found


Boris Johnson's Brexit maneuvers appear to have undermined trust in the UK government among the incoming Biden administration. 'Can you negotiate a major free trade deal in six weeks? Such an outcome remains a realistic prospect if the UK and EU cannot agree on a trade deal by next week. US negotiators are expected to give the TPA 90 days notice for any trade deal. Can you negotiate a major free trade deal in six weeks?
Persons: Boris Johnson's, Biden, It's, Tyson Barker, Obama, Heather Conley, Liz Truss, it's, Gary Hufbauer, Johnson, Conley, Miranda Lutz, Robert Lighthizer, Trump Organizations: State Department, Center for Strategic, International Studies, Visit, Trade Promotion Authority, EU, US Treasury, Peterson Institute for International Economics, Representatives, Trade, Authority, Global Counsel, US Trade Representative, Treasury Department, Commerce Department, German, Foreign Relations Locations: Washington, Europe, Eurasia, Britain, Northern Ireland, EU
Britain and Canada agree post-Brexit rollover trade deal
  + stars: | 2020-11-21 | by ( Kate Holton | Amran Abocar | ) www.reuters.com + 0.99   time to read: +2 min
LONDON/TORONTO (Reuters) - Britain and Canada struck a rollover trade deal on Saturday to protect the flow of $27 billion-worth (£20.32 billion) of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. Her Canadian counterpart Mary Ng said the transitional agreement “largely replicates” the EU deal on tariff reductions and provisions for labour and environment. “We do want an ambitious, high level comprehensive trade agreement with the UK,” Ng said, signalling Canada wanted similar terms to the EU deal. In less than two years it has agreed trade deals with 53 countries, accounting for 164 billion pounds ($217.82 billion) of British bilateral trade. The UK-Canada Trade Continuity Agreement will be subject to final legal checks before it is formally signed.
Persons: Boris Johnson, Canada’s Justin Trudeau, , Liz Truss, Mary Ng, ” Ng, Johnson, ” Trudeau Organizations: Britain, European Union, British, Canadian, EU, Canada Locations: TORONTO, Britain, Canada, United States, China, Mexico, Japan, EU
Britain and Canada sign post-Brexit rollover trade deal
  + stars: | 2020-11-21 | by ( Kate Holton | ) www.reuters.com sentiment -0.97   time to read: +2 min
FILE PHOTO: Britain's Prime Minister Boris Johnson shakes hands with Canada's Prime Minister Justin Trudeau at the G7 summit in Biarritz, France August 24, 2019. Britain is negotiating several rollover bilateral trade deals to come into force once it exits a transition arrangement with the European Union at the end of this year, with many of them simply replacing the terms the bloc had already agreed. “Today’s agreement underpins 20 billion pounds worth of trade and locks in certainty for the thousands of jobs,” trade minister Liz Truss said in a statement. The government says in less than two years it has agreed trade deals with 53 countries, accounting for 164 billion pounds of British bilateral trade. The UK-Canada Trade Continuity Agreement will be subject to final legal checks before it is formally signed.
Persons: Boris Johnson, Justin Trudeau, Stefan Rousseau, , Liz Truss, Truss Organizations: Britain's, Canada's, REUTERS LONDON, European Union, Britain’s Department for International Trade, EU, Canada Locations: Biarritz, France, Britain, Canada, British
Canadian dollar dips amid rising global COVID-19 restrictions
  + stars: | 2020-11-19 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
TORONTO (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Thursday as widening global COVID-19 restrictions weighed on investor sentiment, with the currency pulling back from a one-week high the day before. FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto, January 23, 2015. The U.S. death toll from COVID-19 surpassed a grim new milestone of 250,000 on Wednesday, as New York City shut schools in the United States’ largest public school district. U.S. crude CLc1 prices were down 0.4% at $41.66 a barrel on Thursday, while the Canadian dollar CAD= fell 0.1% to 1.3098 per U.S. dollar, or 76.35 U.S. cents. Earlier this month, data from Statistics Canada showed that the economy added jobs in October.
Persons: Mark Blinch, Liz Truss Organizations: TORONTO, Canadian, U.S, REUTERS, WORLD, ADP, Statistics Canada Locations: Toronto, U.S, COVID, New York City, United States, Canada, Britain
Britain is not pinning all hopes on U.S. trade deal, says minister
  + stars: | 2020-11-19 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: 1 min
FILE PHOTO: Britain's Secretary of State of International Trade and Minister for Women and Equalities Liz Truss is seen outside Downing Street, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain March 17, 2020. REUTERS/Henry NichollsLONDON (Reuters) - Britain is by no means pinning all of its hopes on a trade deal with the United States to the detriment of securing agreements with other countries, trade minister Liz Truss said on Thursday. Asked if she believed that Britain had overly focused on getting a deal with U.S. President Donald Trump and by doing so had put other countries too far down the queue, Truss said: “By no means are we entirely focused on the U.S. but it is our largest single-country trading partner.”
Persons: Liz Truss, Henry Nicholls LONDON, Donald Trump, Organizations: State of International Trade, Women, REUTERS, U.S Locations: Downing, London, Britain, United States
LONDON (Reuters) - Britain is determined to reach a trade deal with Canada before the end of the year, trade minister Liz Truss said on Thursday, underlining that after securing a continuity agreement the two countries could go much further. “We’re determined to reach a deal with Canada before the end of the year,” she told parliament. “What we’re negotiating at the moment is the vital continuity agreement but I do hope that in the future, as Canada is a member of the Trans-Pacific Partnership ... that we will be able to go much further and build a much deeper relationship with Canada.”
Persons: Liz Truss, “ We’re, Organizations: Pacific Partnership Locations: Britain, Canada
Britain determined to reach Canada trade deal this year: minister
  + stars: | 2020-11-19 | by ( Reuters Staff | ) www.reuters.com + 0.99   time to read: +2 min
FILE PHOTO: Britain's International Trade Secretary Liz Truss walks out of a coffee shop in Westminster, London, Britain November 10, 2020. REUTERS/John SibleyLONDON (Reuters) - Britain is determined to reach a trade deal with Canada before the end of the year, trade minister Liz Truss said on Thursday, underlining that after securing a continuity agreement the two countries could go much further. He said that in less than two years, the government had signed or agreed in principle trade agreements with 52 countries, accounting for 142 billion pounds ($187 billion) of British bilateral trade. This accounted for 74% of the value of trade with non-EU countries that the UK set out to secure agreements with under the trade continuity programme. From this programme, 13 agreements remained outstanding, including the deal with Canada, he said.
Persons: Liz Truss, John Sibley, Boris Johnson, Truss, , , Johnson Organizations: International Trade, REUTERS, John Sibley LONDON, European Union, EU, Pacific Partnership Locations: Westminster, London, Britain, Canada
OTTAWA/LONDON (Reuters) - Britain and Canada are very close to agreeing the terms of a free trade deal and the agreement could be announced in the coming days, a Canadian government source said on Thursday. FILE PHOTO: Britain's International Trade Secretary Liz Truss walks out of a coffee shop in Westminster, London, Britain November 10, 2020. British Trade Minister Liz Truss earlier said the government of Boris Johnson was determined to reach a trade deal with Canada before the end of the year. The European Union already has a free trade pact with Canada. Truss said Canada and Britain were negotiating a continuity agreement, which would ensure there were no disruptions to free trade.
Persons: Liz Truss, John Sibley Britain, Boris Johnson, , Johnson, Truss Organizations: OTTAWA, International Trade, REUTERS, European Union, British, Bloomberg, EU, Pacific Partnership Locations: Britain, Canada, Westminster, London, Ottawa
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