European Union, Japan near trade deal
This could further isolate the United States as it takes a protectionist path
New York
THE European Union and Japan are close to sealing one of the largest trade agreements ever, a deal that could further isolate the United States as President Donald Trump forges a protectionist path.
The deal, which brings together two giants encompassing a quarter of the world's economy, would be a potent symbol of free trade during a time of populist backlash over globalisation.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’
US jobs growth slows in April; jobless rate up to 3.9%
Magnitude 6.0 quake strikes Philippines, aftershocks and damage expected
Indonesia to permanently relocate 10,000 people after Ruang volcano eruptions