European Union member states are expected on Friday to approve the bloc’s largest-ever free trade agreement with the South American Mercosur group. Negotiations have spanned more than 25 years, with months of last-minute wrangling to secure backing from key EU nations. The deal will be signed between EU Commission President Ursula von der Leyen and …
The trade agreement between the United States and Indonesia is at risk of collapsing following renewed tensions over commitments made by Jakarta, according to a senior U.S. official. The official said Indonesia had backtracked on parts of the deal reached in July, noting that elements previously agreed upon are now being questioned. The remarks were …
Switzerland may need to get used to U.S. tariffs, a top Swiss trade negotiator said Tuesday. The statement follows a new deal that aligns Swiss tariffs with those of the European Union. In August, President Donald Trump imposed a 39% tariff on Swiss goods, the highest in Europe. Last month, Bern and Washington agreed to …
U.S. President Donald Trump and South Korean President Lee Jae Myung have finalized a long-awaited trade and investment deal during Trump’s visit to South Korea. The breakthrough came during his ongoing Asia tour and marks a major step in strengthening U.S.–Korea economic ties. Speaking at a dinner on the sidelines of the Asia-Pacific forum in …
By Rafiyat Sadiq President Donald Trump has announced a 90-day extension to the current trade arrangement with Mexico, delaying the imposition of steep new tariffs. The announcement came on his social media platform, Truth Social, following talks with Mexican President Claudia Sheinbaum. Under the proposed terms, the revised agreement includes a 25% tariff on fentanyl-related …
