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Search resuls for: "Trade Negotiations"


11 mentions found


☆ Exclusive: AFL-CIO wants bigger say in U.S. digital trade deals for workers
  + stars: | 2023-02-07 | by ( David Lawder | ) www.reuters.com   time to read: +4 min
WASHINGTON, Feb 7 (Reuters) - The Biden administration has made digital trade the centerpiece of its trade negotiations, and the AFL-CIO wants a bigger say in how the U.S. Trade Representative's office sets goals in this area, arguing they are too often dictated by big technology companies. The USTR is expected to soon propose text on the digital chapter in negotiations for the Indo-Pacific Economic Framework, the Biden administration's signature economic agreement. U.S. Trade Representative Katherine Tai has pledged to create a "worker-centric" trade policy, but the AFL-CIO said digital trade negotiations too often make no mention of labor standards nor the workers who write software or support networks. "Corporations shouldn't dictate the rules of the global digital economy with no regard for working people," AFL-CIO President Liz Shuler said in a statement. Other AFL-CIO demands for digital trade negotiations include:- Requiring governments to enact strong policies to safeguard individuals' personal data as opposed to the current largely voluntary "self-regulation" model that has proven inadequate.
☆ Taiwan and the United States reach consensus in trade negotiations, pledge to maintain 'ambitious negotiating schedule'
  + stars: | 2023-01-18 | by ( ) www.cnbc.com   time to read: +1 min
Flags of Taiwan and U.S. are placed for a meeting between U.S. House Foreign Affairs Committee Chairman Ed Royce speaks and with Su Chia-chyuan, President of the Legislative Yuan in Taipei, Taiwan March 27, 2018. The United States and Taiwan concluded four days of trade negotiations on Monday and reached consensus on several areas related to trade facilitation, anti-corruption, small and medium-sized enterprises and regulatory practices, the U.S. Trade Representative's office said. The first major negotiating round of the U.S.-Taiwan Initiative on 21st Century Trade saw the two sides exchange texts on those areas in Taipei, the office said in a statement. "Officials also reached consensus in a number of areas and pledged to maintain an ambitious negotiating schedule in the months ahead to continue this momentum," the statement said. Taiwan's top trade negotiator, John Deng, told reporters in Taipei he was "quite satisfied" with the outcome of the meetings.
☆ U.S., Taiwan officials pledge ambitious trade negotiating schedule
  + stars: | 2023-01-17 | by ( David Lawder | ) www.reuters.com   time to read: +1 min
WASHINGTON, Jan 17 (Reuters) - The United States and Taiwan concluded four days of trade negotiations on Monday and reached consensus on a number of areas related to trade facilitation, anti-corruption, small and medium-sized enterprises and regulatory practices, the U.S. Trade Representative's office said. The first major negotiating round of the U.S.-Taiwan Initiative on 21st Century Trade saw the two sides exchange texts on those areas in Taipei, USTR said in a statement. "Officials also reached consensus in a number of areas and pledged to maintain an ambitious negotiating schedule in the months ahead to continue this momentum," USTR said. Taiwan last year was excluded from a broader U.S. trade initiative covering Indo-Pacific countries that also focuses on non-tariff issues. USTR said that the trade texts exchanged during the Taipei negotiating round "follow through on the two sides' shared commitment to pursue a high-ambition trade initiative" that would "strengthen and deepen economic and trade ties."
☆ Opening keynote: Finance, technology and national security
  + stars: | 2022-12-12 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Treasury Secretary Steven Mnuchin played a major role in pushing the 2017 Tax Cuts and Jobs Act through congress and in the Trump Administration's tumultuous trade negotiations with China, where technology was a central theme of those discussions. Now in the private sector, Mnuchin's Liberty Strategic Capital is investing $2.5 billion in startups focused on cybersecurity and fintech. He joined CNBC's TEC Summit on Nov. 15, 2022 with a wide-ranging discussion on geopolitical technology and finance issues. Steven Mnuchin, Liberty Strategic Capital Founder & Managing Partner and 77th US Secretary of TreasuryInterviewer: Melissa Lee, CNBC Host, "Fast Money" & "Options Action"
☆ British trade minister heads to India to kick off new round of trade talks
  + stars: | 2022-12-11 | by ( ) www.reuters.com   time to read: +3 min
LONDON, Dec 11 (Reuters) - British trade minister Kemi Badenoch will hold her first face-to-face meeting with her Indian counterpart on Monday in New Delhi in an effort to spark life into talks over a free trade agreement (FTA) between the countries. Former Prime Minister Boris Johnson in April set an ambitious target to agree an FTA with India by Diwali in October. New Prime Minister Rishi Sunak has said he is committed to getting a deal with India but won't sacrifice quality for speed, in a change of tone compared to Johnson. Badenoch, who was appointed to her role in September, will meet Indian Trade Minister Piyush Goyal and address the negotiating teams before the round of talks begins. We applaud the Secretary of State and Prime Minister for listening and prioritising substance over pace," said Andy Burwell, International Director at the Confederation of British Industry.
☆ John Bolton says he may launch presidential bid to stop Trump
  + stars: | 2022-12-05 | by ( Bridget Bowman | Bridget Bowman Is A Deputy Editor For Nbc'S Political Unit. | ) www.nbcnews.com   time to read: +2 min
Former National Security Advisor John Bolton said Monday that he will consider running for president to stop former President Donald Trump from returning to the White House, if no other potential GOP candidates denounce Trump. “I’d like to see Shermanesque statements from all the potential candidates,” about the comments Bolton said. “If I don’t see that, I’m going to seriously consider getting in.”Bolton called Trump’s statement “disqualifying,” and said, “I think to be a presidential candidate you can’t just say, 'I support the Constitution.' '”Bolton served as Trump’s national security adviser from April 2018 until Sept. 2019, when Trump fired Bolton amid reports that they disagreed over talks with the Taliban and trade negotiations with China. Bolton claimed he saw evidence that Trump obstructed justice and that Trump asked China to assist his re-election.
☆ Germany's Scholz calls for closer EU trade ties with Southeast Asia
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +2 min
He said he hopes to see quick progress in the EU's trade negotiations with Australia, India and Indonesia and remains open to new agreements beyond that. His trip, one week after a visit to China, comes within the context of Germany's attempts to diversify trade in Asia, which has some of the fastest growing economies in the world. Scholz said that reducing risky, one-sided dependencies for certain raw materials or critical technologies would play an important role in Germany's national security strategy but added that de-coupling was not the answer. "A world with new or resurrected trade barriers and de-integrated economies will not be a better place," he said according to a prepared speech text. Reporting by Maria Sheahan and Kirsti Knolle Editing by Paul CarrelOur Standards: The Thomson Reuters Trust Principles.
☆ Yellen heads to India to draw surging economic power closer to U.S. orbit
  + stars: | 2022-11-08 | by ( David Lawder | ) www.reuters.com   time to read: +4 min
On the contrary, the official told reporters that India will benefit from the cap's lower prices. TENSIONS, ALIGNMENTBut the economic relationship has challenges, including trade disputes over U.S. steel duties and India's retaliatory tariffs on Harley-Davidson (HOG.N) motorcycles. Differences over digital trade and India's data localization rules have dogged trade negotiations for years. "That's a message that's extremely appealing to India," said Richard Rossow, an India expert at the Center for Strategic and International Studies in Washington. The Treasury official said the two democracies were committed "to upholding the rules-based international order at a critical time for the cause of freedom."
☆ He Lifeng: China's expected new economic tsar has big shoes to fill
  + stars: | 2022-10-30 | by ( Kevin Yao | ) www.reuters.com   time to read: +3 min
BEIJING, Oct 30 (Reuters) - He Lifeng, head of China's state planning agency, is likely to succeed the country's economic tsar Vice Premier Liu He in March, but may struggle to maintain his predecessor's policy clout. That paves the way for He's expected promotion as the 70-year-old Liu is due to step down in March. The departing Liu, Xi's top economic adviser and a childhood friend, holds an unusually powerful portfolio: it covers economic policy, the financial sector and trade ties with Washington, overshadowing the role of outgoing Premier Li Keqiang. Some analysts say part of the expanded role that Liu built up during his time as economic tsar could be taken over by other top officials. "If He Lifeng does indeed get the job, his portfolio will overlap with that of the new Premier, Li Qiang," Julian Evans-Pritchard at Capital Economics said in a note.
☆ China's top leaders are set for a reshuffle. Here are the names to watch
  + stars: | 2022-10-10 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +8 min
China's top leadership team around President Xi Jinping is set to change this month at a twice-a-decade congress. One of the most closely watched changes in the political reshuffle is the future of Premier Li Keqiang, who turned 67 this year. However, he could remain a standing committee member, JPMorgan analysts said, pointing to a precedent at the 15th party congress. Huang Kunming — Politburo member and head of China's propaganda department, who worked closely with Xi in the provinces of Fujian and Zhejiang, the report said. Yang Jiechi, a 72-year-old Politburo member and director of the party's central committee foreign affairs office, is widely expected to retire.
☆ The view from Brussels: EU pushes for Brexit after decisive Boris Johnson win
  + stars: | 2019-12-13 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +4 min
KENZO TRIBOUILLARD | AFP | Getty ImagesBRUSSELS –European leaders have roundly declared that it's now time to get on with Brexit after U.K leader Boris Johnson secured an emphatic win in the country's general election. He told CNBC: "We are ready, we have decided what are our priorities," adding that it will be "important to keep this close cooperation with the United Kingdom." A new trade agreementJohnson has said that it is his aim to reach a trade deal with the EU within this transition period. However, European leaders told CNBC that it will be possible to reach a deal. "In 11 months you can do a lot of things, if you have the political will," Pedro Sanchez, the Spanish prime minister told CNBC Thursday.
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