This is why retail is such a sore point in India-US trade relations

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katharine Rooney, Senior Writer, Formative Content The relationship between India and the United States has been described as one of the most important of the 21st century. India is predicted to be the world’s second-largest economy by 2030, with […]

Illicit trade endangers the environment, the law and the SDGs. We need a global response

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) & Jeffrey HardyDirector-General, Transnational Alliance to Combat Illicit Trade A dark side to globalization has been the alarming emergence of illicit trade, […]

5 ways to boost sustainable trade in the world’s poorest countries

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Violeta Gonzalez, Head, Partnerships, Outreach and Resource Mobilization, Enhanced Integrated Framework Executive Secretariat, World Trade Organization & Fabrice Lehmann, Guest Editor, Trade for Development News , Enhanced Integrated Framework The World Trade Organization’s (WTO) Aid for Trade initiative is […]

Fairness should be at the heart of the agricultural goods trade

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Margarita Louis-Dreyfus, Chairperson of the Supervisory Board, Louis Dreyfus CompanyCamilla Colombo, Space researcher, Politecnico di Milano It is a paradox that the world’s biggest agricultural commodities companies rely on some of the sector’s smallest farmers, growing everything from […]

Trump after marginalizing G20 attacks Europe and China where it hurts, brandishes currency war

Last week’s G20 meeting in Osaka confirmed that the forum’s commonly shared concern about our future on the planet is definitively a thing of the past. Last week, the cacophony at the table of the 20 heads of the largest countries of the world – which first appeared last December in Buenos Aires – became […]

This is how much the US-China trade war could cost the world, according to new research

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content The US-China trade war does not appear to be edging closer to a resolution. Both sides have failed to find a compromise so far, while rising tariffs have been jolting financial markets. And as the […]

China rare earth prices soar on their potential role in trade war

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tom Daly, Reporter, Reuters & Shivani Singh, Reporter, Reuters Chinese rare earth prices are set to climb further beyond multi-year highs hit following a flurry of state media reports that Beijing could weaponize its supply-dominance of the prized minerals […]

Who gains when the US and China fight over trade?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content China and the United States are at a trade stand-off after both countries have implemented hundreds of billions of dollars in tariffs on each other’s goods over the past year. The US is […]

Rare earths are the new battlefront in the US-China trade war. But what are they?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content China dominates the rare earth market, responsible for around 80% of the world’s supply – something it is keenly aware of. As the trade war between the US and China rolls on, rare […]

Trump wants to implicate China in US attacks against global order

Global trade prospects and order is in the hands of a New York bankrupt realtor who is addicted to risk. He doesn’t care if his moves in the trade negotiations harm his own country, as long as the spectators applaud. On Thursday 9 May the American President Donald Trump didn’t hesitate to hike import tariffs […]

US-EU trade negotiations: pointless tariffs against real economic growth

The European Council approved last Monday the European Commission’s proposals authorizing the latter to start negotiating with the US in order to eliminate industrial goods tariffs and reach an agreement on conformity assessment. Most of the member states were in favour of the commencement of the bilateral trade negotiations except for France. However, the fact […]

Trade with the United States: Council authorises negotiations on elimination of tariffs for industrial goods and on conformity assessment

This article is brought to you in association with the European Council. The Council today approved mandates for the Commission to open negotiations with the United States on two agreements: a trade agreement limited to the elimination of tariffs for industrial goods only, excluding agricultural products; an agreement on conformity assessment that would have as its […]

“We need to accelerate our negotiation on the China-EU Investment Treaty”, Chinese Premier Li Keqiang highlights from the 21st EU-China summit in Brussels

The presidents of the European Commission and EU Council welcomed the Chinese Premier Li Keqiang yesterday at the 21st EU-China summit in Brussels where the two sides acknowledged their Comprehensive Strategic Partnership. EU and China agreed to a joint statement confirming their strategic intent and efforts for a more resilient cooperation in the framework of […]

US and China in painstaking efforts to conclude trade talks

China and the United States are working hard to achieve a trade deal, badly needed for both the two largest economies of the globe as well as for the rest of the world. During the past months of negotiations between the two giants, progress or confrontation in the dealings have been strongly – positively or […]

The Sino-American trade conflict may be resolved soon

This newspaper for many months has been closely following the US-China trade conflict (if not at times a full trade war). The current negotiations in Washington D.C. are stuck at the same point as last summer. On August 27 our leading article said: “… Washington’s demands go beyond tariffs”. On October 18 we observed, “The […]

Trade is not a weapon. Let’s not use it as one

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Børge Brende, President, Member of the Managing Board, World Economic Forum At the Munich Security Conference last week, I moderated a panel discussion with an intriguing headline: can we make [economic] competitors like the US, Europe and China trade […]

Digital Single Market: EU negotiators agree to set up new European rules to improve fairness of online platforms’ trading practices

This article is brought to you in association with the European Commission. Yesterday evening the European Parliament, the Council of the European Union and the European Commission reached a political deal on the first-ever rules aimed at creating a fair, transparent and predictable business environment for businesses and traders when using online platforms. Traders selling online […]

How trade wars pose a threat to the global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) In a year defined by retaliation and counter-retaliation, resulting in a trade impasse between the United States and China, more than half […]

Confronting neo-mercantilism: why regulation is critical to global trade

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Paul Rawlinson, Global Chair, Baker McKenzie The regulation of international trade is under the spotlight like never before. Trade tensions between the US and China, a fractious Brexit negotiation, the rewiring of NAFTA and a deadlocked World Trade Organization […]

Trade war or not New York bankers will have it their way

The US and China agreed to hold talks on 7-8 January in Beijing to settle their trade differences, which have already eaten into both economies and disturb the global financial universe. If they fail to agree this week, the impact will be worse. It seems things are so bad, that the US Federal Reserve Chairman […]

Study: Trade supports over 36 million jobs across the EU

This article is brought to you in association with the European Commission. Two new studies published today by the European Commission highlight the increasing importance of EU exports for job opportunities in Europe and beyond. EU exports to the world are more important than ever, supporting 36 million jobs across Europe, two thirds more than in […]

6 ways China and the United States could jumpstart trade reforms

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Ricardo Meléndez-Ortiz, Co‐founding Chief Executive, International Centre for Trade and Sustainable Development & Shuaihua Cheng, Managing Director, ICTSD China, International Centre for Trade and Sustainable Development (ICTSD) Whether they’re new best friends or estranged fellows, President Donald Trump […]

EU-Japan relations: Foreign Affairs MEPs back Strategic Partnership Agreement

This article is brought to you in association with the European Parliament. The EP’s Foreign Affairs Committee endorsed the new Strategic Partnership Agreement between the EU and Japan on Wednesday. In addition to the recent landmark EU-Japan Economic Partnership Agreement freeing up trade, the political accord aims to pave the way for more joint solutions to […]

France, Germany challenge Trump’s America on Iran and the reign of the dollar

Last week, the French President Emmanuel Macron and the German Chancellor Angela Merkel challenged the US President Trump by deciding to create a real European army. This week, the two European leaders said they are seriously working on the project to build a financial/trade-clearing mechanism, meant to override the American sanctions against Iran. In both […]

These are the top risks for doing business around the world

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Aengus Collins, Head of Global Risks and the Geopolitical Agenda, World Economic Forum Unemployment and underemployment represent the biggest risk for doing business around the world. That is the view of more than 12,000 business people across 140 […]

Trade Committee MEPs give greenlight to landmark EU-Japan trade agreement

This article is brought to you in association with the European Parliament. The European Parliament’s Trade Committee gave its recommendation to approve the EU’s landmark trade agreement with Japan on Monday. The Economic Partnership Agreement between the EU and Japan will eventually remove almost all tariffs on goods. It opens up services, including e-commerce, maritime transport, […]

US-China trade war: Washington now wants control of the renminbi-yuan

The US- China trade war is now taking new dimensions, touching the very financial heart of the most populous country on earth. The Washington administration has already more or less ordered Beijing to perform unbelievable structural changes of American liking in the economy. Now they say monetary issues have to be inserted in the trade […]

The new North America trade deal USMCA punishes German cars

The North America Free Trade Agreement (NAFTA) is dead. Long live the new United States, Mexico, Canada Agreement (USMCA). The three North American nations will continue trading goods of a value of at least $ 1.2 trillion yearly between them. The US President Donald Trump had termed NAFTA as the worse trade deal his country […]

Security spillovers from Trump’s trade wars: China, Germany prepare for global disorder

US President Donald Trump’s aggressive trade strategy has now gone past the economic landscape and touched security issues. There are strong signs that next month’s security meeting between US and China may be cancelled. If this is the case, the two largest economies of the earth may enter uncharted waters. Until now, they have been […]

A Sting Exclusive: “Seize the opportunity offered by Africa’s continental free trade area”, written by the Director General of UNIDO

This article was exclusively written for The European Sting by Mr. Li Yong, Director General, United Nations Industrial Development Organization (UNIDO), the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability. The opinions expressed in this article belong to the distinguished writer. Since the turn of the millennium, Africa […]

One year on: EU-Canada trade agreement delivers positive results

This article is brought to you in association with the European Commission. Friday 21 September will mark the first anniversary of the provisional entry into force of the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada. Early signs show that the agreement is already starting to deliver for EU exporters. Commissioner Malmström will […]

The Brexit factor in the US-China trade war and other conflicts

Last Friday, the American President Donald Trump aboard Air Force One threatened China with new tariffs on $267 billion of goods heading for the US markets, on top of the $200bn worth of Chinese exports Washington currently is ready to punish with extra levies. The US has already imposed extra tariffs on $50bn of Chinese […]

Trade, entrepreneurship and the future of ASEAN’s economy

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Sushant Palakurthi Rao, Head of Global Partnerships, Agility As the World Economic Forum comes to Ha Noi for this year’s ASEAN meeting, we’re reminded of how far Viet Nam has come since the country first hosted the gathering […]