Photo: A container ship at port (file image)
Business & FinanceTrump’s midterm rebuke gives trading partners room to resist his tariffs and slow-walk investment pledges
The Democratic sweep in the US midterms could embolden countries around the world to resist Donald Trump’s combative trade policies, analysts say, handing China an upper hand in talks and giving allies reason to slow down the investment pledges they made to stave off tariffs.
Photo: The European Parliament hemicycle in Strasbourg (file image)
NewsUK and EU agree draft deal to scrap post-Brexit food export checks, in biggest step yet in the Brexit reset
The UK and the European Union have agreed a draft sanitary and phytosanitary deal that would remove most post-Brexit checks on food and farm exports, ahead of a UK-EU summit later this month.
Photo: The White House in Washington, DC (file image)
USAWhite House lists 127 'promises kept' by Trump, claiming India trade deal secured even though only a framework was agreed
Released on the final day of midterm campaigning, the White House document credits Trump with new trade deals and peace in eight conflicts, but the India agreement it cites was only a February framework, not a signed deal.
Photo: File:Palace of Westminster, London - Feb 2007.jpg
NewsUK government is “making up China policy as it goes”, MPs warn in scathing 102-page report
The Commons Business, Innovation, Science and Trade Committee has accused the Labour government of failing to deliver the strategic, long-term approach to China it promised in 2024, warning that reactive, inconsistent decisions are putting both the economy and national security at risk.
Photo: Whisky barrels maturing in a distillery warehouse
IndiaIndia to hold Monday talks with liquor firms as domestic giants join bulk Scotch tariff dispute
India's commerce ministry will meet foreign and domestic liquor executives on Monday after Indian manufacturers joined Diageo and Pernod Ricard in protesting the exclusion of bulk Scotch imports from the UK trade pact's tariff cut.
Photo: Beijing, China
ChinaChina vows countermeasures over US FCC ban on Chinese labs testing electronics for American market
China's commerce ministry said on Friday it firmly opposes the US Federal Communications Commission's vote to bar Chinese labs from testing electronics for the American market, warning it would take necessary countermeasures if Washington presses ahead unilaterally.