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Japan To Go Ahead With Tax Hike Despite Economic Signals
Analysts predict that Japan may still go ahead with its planned consumption tax hike despite clear economic signals that are against it. Analysts predict that Japan may still go ahead with its planned consumption tax hike despite clear economic signals that are against it. -
Thailand Gets Nudge To Secure EU Deal ASAP
Thailand should follow suit after Vietnam secured a free trade deal with the European Union, experts say. Thailand should follow suit after Vietnam secured a free trade deal with the European Union, experts say. -
African Continental Free Trade Agreement Officially Launched
The African Continental Free Trade Area (AFCFTA) was signed by leaders of 55 African Union members on Sunday at the African Union summit. The African Continental Free Trade Area (AFCFTA) was signed by leaders of 55 African Union members on Sunday at the African Union summit. -
Nigeria To Finally Join African Continental Free Trade Agreement
Nigerian President Muhammadu Buhari stated that he will be signing the Africa Continental Free Trade Agreement at the upcoming African Union summit this weekend. Nigerian President Muhammadu Buhari stated that he will be signing the Africa Continental Free Trade Agreement at the upcoming African Union summit this weekend. -
EU Signs Landmark Free Trade Deal With Vietnam
The EU and Vietnam signed the EU-Vietnam Free Trade Agreement at a signing ceremony held Sunday in Hanoi, Vietnam. The EU and Vietnam signed the EU-Vietnam Free Trade Agreement at a signing ceremony held Sunday in Hanoi, Vietnam. -
US Steel Idles Three Blast Furnaces Amid Slowing Demand
United States Steel Corp announced that it will be shutting down two blast furnaces in the US and one in Europe to avoid producing too much supply and to lessen operating costs. United States Steel Corp announced that it will be shutting down two blast furnaces in the US and one in Europe to avoid producing too much supply and to lessen operating costs. -
India Imposes Retaliatory Tariffs On 28 US Goods After Revoked Trade Privileges
India raised tariff rates on 28 US products this week as a response to the US' removal of its trade privileges under the Generalized System of Preference (GSP). India raised tariff rates on 28 US products this week as a response to the US' removal of its trade privileges under the Generalized System of Preference (GSP). -
China Unveils Two-Year Action Plan To Bolster Consumer Spending
Three Chinese agencies published a joint circular this week that outlined its plan to impose new measures to bolster consumer spending. Three Chinese agencies published a joint circular this week that outlined its plan to impose new measures to bolster consumer spending. -
US Services Sector Increase Gives Small Respite To Otherwise Gloomy Economy
Data from ISM and ADP shows increased activity in the country's services sector giving a much-needed boost to the economy. Data from ISM and ADP shows increased activity in the country's services sector giving a much-needed boost to the economy. -
Goldman Sachs Raises Expectation For Trade War Escalation
Goldman increased its expectations of a possible tariff rate hike for an additional $300 billion worth of Chinese imports from 40 percent to 60 percent. Goldman increased its expectations of a possible tariff rate hike for an additional $300 billion worth of Chinese imports from 40 percent to 60 percent.