trade deals - updates

Rappler's latest stories on trade deals

ARTICLE FINDER

India will not join RCEP trade deal in blow to sprawling Asian pact

Nov 04, 2019 - 11:55 PM

'Our decision was guided by the impact this agreement will have on the ordinary human beings of India and livelihood of people, including the poorest of the poor,' says a senior Indian diplomat

RCEP. (From L to R) Singapore's Prime Minister Lee Hsien Loong, Myanmar's State Counsellor Aung San Suu Kyi, Laos' Prime Minister Thongloun Sisoulith, Cambodia's Prime Minister Hun Sen, New Zealand's Prime Minister Jacinda Ardern, India's Prime Minister Narendra Modi, China's Premier Li Keqiang, Thailand's Prime Minister Prayut Chan-O-Cha, Vietnam's Prime Minister Nguyen Xuan Phuc, Australia's Prime Minister Scott Morrison, Japan's Prime Minister Shinzo Abe, South Korea's President Moon Jae-in, Brunei's Sultan Hassanal Bolkiah, Indonesia's President Joko Widodo, Malaysia's International Trade and Industry Minister Darell Leiking and Philippines' Trade Secretary Ramon Lopez pose for a group photo during the 3rd Regional Comprehensive Economic Partnership (RCEP) Summit in Bangkok on November 4, 2019, on the sidelines of the 35th ASEAN Summit. Photo by Manan Vatsyayana/AFP

Embattled Trump takes victory lap on China trade deal

Oct 12, 2019 - 3:10 PM

However, some observers said the deal is underwhelming

TRUMP. US President Donald Trump delivers remarks at the Hispanic Heritage Month Reception at the White House in Washington, DC, September 27, 2019. Photo by JIM WATSON / AFP

Israel, South Korea announce free trade deal

Aug 21, 2019 - 11:53 PM

Israeli Economy Minister Eli Cohen calls the deal 'historic,' saying it is Israel's first such agreement with an east Asian nation

'HISTORIC.' South Korean Trade Minister Yoo Myung-hee (L) and Israeli Economy and Industry Minister Eli Cohen stand after signing a free trade agreement between Israel and the Republic of Korea in Jerusalem on August 21, 2019. Photo by Gil Cohen-Magen/AFP

Trump, Trudeau mend fences at White House meeting

Jun 21, 2019 - 6:27 AM

The two men have had a rocky relationship since Trump walked out of a G7 summit in Quebec last June

NEIGHBORS. US President Donald Trump and Canadian Prime Minister Justin Trudeau take part in a bilateral meeting in the Oval Office of the White House in Washington, DC, on June 20, 2019.  MANDEL NGAN / AFP

Trump won't sign China trade pact unless it's 'great'

Mar 08, 2019 - 11:46 PM

(UPDATED) US and Chinese officials have said they are making progress toward a resolution of the dispute but a US diplomat in Beijing says Friday, March 8, that an agreement is not imminent

US-CHINA TRADE DEAL. In this file photo, US President Donald Trump delivers the State of the Union address at the US Capitol in Washington, DC, on February 5, 2019. File photo by Doug Mills/Pool/AFP

Indonesia, Australia sign long-awaited trade deal

Mar 04, 2019 - 1:55 PM

Indonesian trade minister Enggartiasto Lukita and his Australian counterpart Simon Birmingham wrap up the multi-billion-dollar agreement in Jakarta, some 9 years after negotiations first started

TRADE DEAL. Indonesian Trade Minister Enggartiasto Lukita (R) and his Australian couterpart Simon Birmingham (L) hold documents after signing a trade deal in Jakarta on March 4, 2019. Photo by Adek Berry/AFP

U.S.-Canada trade deal 'imminently possible,' Freeland says

Sep 12, 2018 - 11:54 AM

US President Donald Trump has raised pressure on Ottawa, threatening to impose duties on Canadian auto imports, which Prime Minister Justin Trudeau says would be 'devastating' for the Canadian auto sector

US-CANADA. In this file photo, US President Donald Trump (L) is greeted by Canadian Prime Minister Justin Trudeau during the G7 Summit in La Malbaie, Quebec, Canada, June 8, 2018. File photo by Ludovic MARIN/AFP

Trump threatens to exclude Canada from new NAFTA deal

Sep 02, 2018 - 12:27 AM

Trump's tweet seems designed to greatly ramp up the pressure on Canadian negotiators

TIT FOR TAT. In this file photo taken on June 8, 2018, US President Donald Trump (L) and Canadian Prime Minister Justin Trudeau hold a meeting on the sidelines of the G7 Summit in La Malbaie, Quebec, Canada. Photo by Saul Loeb/AFP

Trump: Trade deal with Mexico 'could be happening soon'

Aug 25, 2018 - 10:26 PM

His tweet follows a similarly optimistic message from Mexico's economy minister who said that Canada was set to rejoin talks as soon as they were called

TRUMP. In this file photo, US President Donald Trump speaks during the swearing-in of the White House senior staff at the White House on January 22, 2017, in Washington, DC. File photo by Mandel Ngan/AFP

Trump eyes swift UK trade deal, says state visit to go ahead

Jul 08, 2017 - 4:30 PM

US President Donald Trump says his controversial state visit to Britain will go ahead adding that he was hoping for a very powerful trade deal with London very very quickly

EU, Japan reach 'political agreement' on trade deal

Jul 05, 2017 - 10:07 PM

The hard won deal marks a big win for free trade two days before a G20 summit in Germany in which US President Donald Trump is expected to defend his America First protectionist stance

POLITICAL AGREEMENT. EU Commissioner of Trade Cecilia Malmstroem (R) welcomes Japan Foreign minister Fumio Kishida (L) before their meeting at the EU Headquarters in Brussels on July 5, 2017. Photo by John Thys/AFP

Pence says new U.S.-Japan talks could lead to trade deal

Apr 18, 2017 - 5:45 PM

Pence s comments come as the two countries kicked off talks aimed at achieving a new economic relationship – in line with US President Donald Trump s vow to focus on bilateral trade deals

PENCE. US Vice President Mike Pence says new US-Japan talks could lead to trade deal. File photo by Mandel Ngan/AFP

Canada's Trudeau says 'whole world benefits from strong EU'

Feb 16, 2017 - 8:01 PM

Canada knows that an effective European voice on the global stage isn t just preferable it s essential Trudeau says in a speech to the European Parliament a day after MEPs approved a landmark free trade deal between the EU and Canada

TRUDEAU ON THE EU. Canada's Prime Minister Justin Trudeau (L) smiles as he arrives with European Parliament President Antonio Tajani for a plenary session at the European Parliament in Strasbourg, eastern France, on February 16, 2017. Photo by Frederick Florin/AFP

#ThewRap: Things you need to know, February 16, 2017

Feb 16, 2017 - 10:24 AM

Hello Here are the stories you shouldn t miss this Thursday

EU, Canada sign delayed trade deal

Oct 30, 2016 - 10:30 PM

UPDATED The deal removes 99 of customs duties between the two sides linking the single EU market with the world s 10th largest economy

(LtoR) European Council President Donald Tusk, Canadian Prime Minister Justin Trudeau and European Commission President Jean-Claude Juncker pose after the joint press conference and the signing of the CETA trade deal during the EU-Canada summit meeting , on October 30, 2016 at the European Union headquarters in Brussels.  After a chaotic drama in which a small Belgian region threatened to sink a giant trade deal seven years in the making, the European Union and Canada will finally sign on the dotted line on October 30. Justin Trudeau agreed at the last minute to fly to Brussels to ink the landmark pact known as CETA at a summit with European Union President Donald Tusk and European Commission head Jean-Claude Juncker.  / AFP PHOTO / JOHN THYS

Belgium drama over, EU and Canada to sign trade deal

Oct 29, 2016 - 8:47 AM

The Comprehensive Economic and Trade Agreement removes 99 of customs duties between the two sides linking the single EU market of 500 million people with the world s 10th largest economy

MARATHON TALKS. Members of the Wallon parliament attend a plenary session in Namur during a debate on the CETA (EU-Canada Comprehensive Economic and Trade Agreement) on October 28, 2016. Photo by Bruno Fahy/AFP

Belgium plans new talks to break EU-Canada trade deadlock

Oct 27, 2016 - 10:46 AM

The stakes are high amid warnings that the EU s international standing will suffer further if 7 years of trade negotiations go to waste because of internal Belgian politics

Vice-Prime Minister and Foreign Minister Didier Reynders (C) speaks to the press as he arrives for a third meeting of the consultative committee with ministers of the Federal government, the regional governments and the community governments, in Brussels on October 26, 2016. Nicolas Maeterlinck/Belga/AFP

Belgium's Wallonia misses EU 'ultimatum' on Canada trade pact

Oct 25, 2016 - 8:20 AM

A Brussels summit to seal a landmark EU Canada trade deal is still possible this week European Council President Donald Tusk says even though Belgium cannot give its approval

NO TO FREE TRADE DEAL. A demonstrator holds a poster reading 'Stop TTIP - Stop CETA' ahead of an emergency meeting of all Belgium federal entities on the EU-Canada Comprehensive Economic and Trade Agreement (CETA) in Brussels on October 24, 2016. Emmanuel Dunand/AFP

Canada-EU failure signals more bad news for free trade deals

Oct 23, 2016 - 2:00 PM

Now the enthusiasm for breaking down borders appears to be fizzling out

NO DEAL. This file photo taken on September 20, 2016 shows a man holding a placard depicting a no entry sign with the TTIP and CETA logos, during a demonstration outside the European Union headquarters in Brussels, to protest against huge transatlantic trade deals linking Europe with Canada and the United States. John Thys/AFP

Australia to team up with New Zealand on Brexit fallout

Jun 27, 2016 - 2:18 PM

The trans Tasman neighbors have been rattled by the British public s decision to leave the European bloc

This file photo taken on June 13, 2016 shows Pro-Brexit depicting a Union flag merged with the EU flag, fly from a fishing boat moored in Ramsgate, south-east England. Chris J Ratcliffe/AFP

Roxas: No to 'dead' TPP trade deal

Mar 30, 2016 - 8:50 PM

From his earlier cautious stance on the US led agreement the Liberal Party standard bearer now says he s against the TPP

MORE DEFINITIVE. Liberal Party presidential candidate Mar Roxas says the TPP is 'dead,' and will harm the Philippines' agriculture sector. Rappler file photo

Roxas raises concerns over PH joining TPP

Nov 24, 2015 - 5:13 PM

LP standard bearer Mar Roxas is cautious about the effects of the TPP on the country’s agriculture sector

RESTRAINT. Liberal Party standard bearer Mar Roxas expresses caution over the country's proposed entry into the Trans-Pacific Partnership. Rappler file photo

Asia-Pacific business leaders urge TPP members to ratify deal

Nov 16, 2015 - 4:45 PM

The Asia Pacific Economic Cooperation Business Advisory Council ABAC says the ratification of the Trans Pacific Partnership will help pave the way for the Free Trade Agreement of the Asia Pacific FTAAP

ABAC BRIEFING.(From left) Hiroyuki Suzuki, ABAC Japan; Rod Eddington, ABAC Australia, ABAC chair Doris Magsaysay Ho; and Tony Nowell, ABAC New Zealand give a news briefing on November 16, 2015.

Indonesia to join Obama's TPP

Oct 27, 2015 - 8:10 AM

Indonesia is an open economy and with a population of 250 million we are the largest economy in Southeast Asia Indonesia intends to join the TPP

US TRIP. Joko Widodo meets with the Indonesian community in the USA. Photo from Jokowi's FB account

The wRap Indonesia: Indonesian experts in Saudi, new mammal discovered

Oct 07, 2015 - 6:00 AM

Other stories include the importance of Indonesia for the Trans Pacific Partnership Indonesia s defense of its haze fighting efforts and Malaysia s sanctions from FIFA

DEAL SEALED. Trade ministers from the twelve Trans-Pacific Partnership (TPP) member countries participate in the closing press conference in Atlanta, Georgia, USA, October 5, 2015. Erik S Lesser/EPA

TPP must draw in Indonesia to be even more successful

Oct 06, 2015 - 12:17 PM

To really prove its muscle the Trans Pacific Partnership will have to draw in other major countries both economic powers such as South Korea and large emerging markets like India and Indonesia

DEAL SEALED. Trade ministers from the twelve Trans-Pacific Partnership (TPP) member countries participate in the closing press conference in Atlanta, Georgia, USA, October 5, 2015. Erik S Lesser/EPA

Pacific trade ministers to meet again after latest impasse

Oct 04, 2015 - 3:52 PM

Officials say that Sunday will be the last chance for an agreement during this round of talks for the Trans Pacific Partnership

'STOP TPP' Protestors call for the rejection of the Trans-Pacific Partnership trade deal under negotiation in Atlanta, Georgia on October 1, 2015. Paul Handley/AFP

Trans-Pacific Partnership talks extended as negotiators struggle for a deal

Oct 02, 2015 - 1:31 PM

The talks remained bogged down after two days of negotiations between ministers from the United States Japan Australia and 9 other countries over a handful of sticky issues

SAILING ON. A container ship travels through the San Francisco Bay en route to the Port of Oakland on February 20, 2015 in San Francisco, California. Justin Sullivan/Getty Images/AFP

Trans-Pacific Partnership talks narrow on tough auto, drug, dairy issues

Oct 01, 2015 - 11:06 AM

Top officials from the United States Japan and 10 other Pacific Rim countries were negotiating around the clock in Atlanta

Cranes (L) transfer containers onto a ship (R) at the container yard in Tokyo port on September 8, 2014. Toshifumi Kitamura/AFP

Sealing Trans-Pacific Partnership will be tough – Australia

Aug 12, 2015 - 3:39 PM

Trade Minister Andrew Robb: We did really get very close but the last few yards are very difficult

BUSY DAY. A ship loaded with containers at the Port of Oakland in Oakland, California, USA, January 9, 2012. John G Mabanglo/EPA

EU, Vietnam announce free trade deal

Aug 04, 2015 - 11:15 PM

The EU is holding separate talks with two other ASEAN members Malaysia and Thailand to try to secure similar free trade agreements

Frank Jessen (L), head of the European Union delegation to Vietnam, listens as Vietnamese Minister of Trade and Industry Vu Huy Hoang (R) speaks during a joint press conference to announce the conclusion of 3-year-long negotiation for a Vietnam-EU Free Trade Agreement in Hanoi on August 4, 2015. AFP PHOTO / HOANG DINH Nam

Pacific trade deal nearing completion despite delay, Kerry insists

Aug 04, 2015 - 3:25 PM

Kerry says the 12 countries negotiating the Trans Pacific Partnership TPP has made good progress on reaching an accord following talks that ended July 31

In thsi file photo, trade ministers and heads of delegation for the Trans-Pacific Partnership Agreement negotiations, attend a media briefing in Sydney, Australia, October 27, 2014. Dan Himbrechts/EPA

Pacific trade talks fail to end in deal

Aug 01, 2015 - 10:51 AM

2nd UPDATE But US Trade Representative Michael Froman insists that significant progress had been made on the Trans Pacific Partnership agreement

BUSY DAY. A ship loaded with containers at the Port of Oakland in Oakland, California, USA, January 9, 2012. John G Mabanglo/EPA

Key Facts: The Trans-Pacific Partnership

Jul 29, 2015 - 3:39 PM

A look at the stakes and stumbling blocks faced by the pact s potential signatories

In this file photo, trade ministers and heads of delegation for the Trans-Pacific Partnership Agreement negotiations, attend a media briefing in Sydney, Australia, October 27, 2014. Dan Himbrechts/EPA

Critics fear Trans-Pacific Partnership favors big business over states

Jul 29, 2015 - 11:40 AM

Critics say it favors multinational corporations over state interests and individual consumers pointing in particular to a proposed investor state dispute settlement ISDS mechanism

DANGER AHEAD? In this file photo, demonstrators protest against the legislation to give US President Barack Obama fast-track authority to advance trade deals, including the Trans-Pacific Partnership (TPP), during a protest march on Capitol Hill in Washington, DC, May 21, 2015. Saul Loeb/AFP

Ambitious trade talks head to Hawaii for final stage

Jul 26, 2015 - 10:17 AM

With the details of the Trans Pacific Partnership or TPP hidden in intense secrecy the talks have fueled suspicion that whatever they achieve will benefit powerful corporations but not economies and people generally

BUSY DAY. A ship loaded with containers at the Port of Oakland in Oakland, California, USA, January 9, 2012. John G Mabanglo/EPA

Senate Democrats block Obama on free-trade initiative

May 13, 2015 - 7:45 AM

Republicans back Obama s bid for the trade authority but many Democrats feel betrayed by the measure s failure to include protections for American workers and punish currency manipulation

Container ships in the ports of Los Angeles and Long Beach in Los Angeles, California, USA, February 12, 2015. Michael Nelson/EPA

Japanese PM opens LatAm tour with Mexico energy

Jul 27, 2014 - 2:37 PM

Japanese Prime Minister Shinzo Abe strikes a series of energy deals with Mexican President Enrique Pena Nieto at the start of a five country Latin American tour

NEW POWER SOURCES. Mexican President Enrique Pena Nieto (R) and Japanese Prime Minister Shinzo Abe (L) speak during a press conference at the National Palace in Mexico City, Mexico, 25 July 2014. Photo by Jose Mendez / EPA

Aquino presses for PH inclusion in Pacific trade deal

Apr 28, 2014 - 7:01 PM

If left out of the deal the Philippines stands to lose its share of the US market to Asian neighbors Restrictions on foreign ownership in its Constitution is hampering its bid

President Benigno S. Aquino III  with His Excellency Barack Obama, President of the United States of America, during the joint press statement at the President’s Hall of the Malacañan Palace for the State Visit to the Philippines on Monday, April 28, 2014. Photo from the Malacañang Photo Bureau