Latest News for: Trade concerns

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US' planned EV tax breaks trouble EU, South Korea

China Daily 13 Aug 2022
BRUSSELS-The European Union and South Korea have raised concerns about proposed US tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization, or WTO, rules ... rules and a bilateral free-trade deal.
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Trade viewed as essential on goodwill front

China Daily 13 Aug 2022
"I think the economic and trade relations will remain a linchpin in the US-China relationship ... Jones called the robustness of trade "something of a permanent feature in the economic relationship" ... However, Gupta said that ties at the government level between the US and China concerning trade and economics are poor.
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Resolve Varsity Strike Now, TUC Tells FG 

This Day 13 Aug 2022
As concerns mount over the continued closure of the country’s federal universities, the Trade Union Congress (TUC) has demanded immediate action by the federal government to end the dispute with striking university workers and reopen the institutions shut down close to six months now.
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Buhari: We Will Continue to Support Entrepreneurs to Grow Nation’s Economy

This Day 13 Aug 2022
Deji Elumoye in Abuja ... President Buhari commended the Chairman of BUA Group for concentrating investments in the country, and transiting from trade to manufacturing. “I am impressed and proud of the transformation BUA has made from trading concern to a manufacturing conglomerate ... He counted the blessings of the Group to include ... .
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Keeping Score: No rest for Pioneer AD

The Recorder 13 Aug 2022
The Red Sox compounded their mistake by not only trading Mookie but by not receiving even one outstanding pitcher or even a ...Remember, the original trade included relief pitcher Brusdar Graterol, but the Sox had concerns about his health so the Dodgers substituted Jeter Downs.”.
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Shippers’ Authority, BoG educate local exporters on repatriation of proceeds from exported goods

Joy Online 12 Aug 2022
Most exporters are reported to infringe processes associated with the legal agreement, affecting cross border trade ... The Ghana Shippers’ Authority is presently working assiduously to establish a Shipper Complaint and Support Unit (SC & SU) at the Hamile Border to educate shippers and address cross-border trade concerns.
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EU says US electric vehicle tax credit could break WTO rules

Federal News Radio 12 Aug 2022
BRUSSELS (AP) — The European Union expressed concern Thursday that a new U.S ... BRUSSELS (AP) — The European Union expressed concern Thursday that a new U.S ... “The European Union is deeply concerned by this new, potential, trans-Atlantic trade barrier,” European Commission spokeswoman Miriam Garcia Ferrer said.
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Trade deficit nearly triples to $30 billion in July

Financial Express 12 Aug 2022
However, India’s trade deficit may narrow a tad in August, easing concerns on the current account deficit (CAD), albeit to a limited extent ... Concerns about inflation, current account deficit easing ... The commerce secretary had conceded that any potential demand slowdown in the US and the EU due to recession was a matter of concern.
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SLOAN | Free trade becomes bipartisan

Colorado Politics 12 Aug 2022
It’s a nearly identical circumstance concerning free trade. For decades, at least, the concept of free trade was a central tenet of conservative economic thought in America ... Concurrently, they adopted David Ricardo’s teachings on comparative advantage and embraced the benefits of free trade.
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Battery giants, Hyundai concerned by US moves on China supplies

Mining Dot Com 12 Aug 2022
The concerns, along with a request for the tax-credit requirements to be eased, were conveyed to the US Trade Representative, along with a warning the steps may breach the US-Korea free trade agreement and World Trade Organization rules, a trade ministry spokesman said Friday.
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Decentraland Price Analysis: MANA Consolidates Near $1.05; Are You Buying It?

CoinGape 12 Aug 2022
As of publication time, MANA/USD is trading at $1.050, down 0.26% for the day. The 24-hour trading volume fell more than 28% to $139,676,898 according to CoinMarketCap data ... Trading view ... Since April MANA is trading below the moving average ... The volumes are trading below ... Trading view.
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GBP/USD Weekly Price Forecast – The British Pound Gives Up Early Gains for the Week

FX Empire 12 Aug 2022
British Pound vs US Dollar Weekly Technical Analysis. The British pound has rallied a bit during the course of the week, showing signs of life ... As far as longer-term trading is concerned, it might be a bit difficult to hang onto the trade, because we are extended to the downside ... Advertisement ... Seven Common Trading Mistakes. Psychology and Trading ... ....
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Automakers scramble to decode new U.S. EV tax credits

FX Empire 12 Aug 2022
European Union and South Korean government officials on Thursday said they were concerned the domestic content and manufacturing requirements in the Inflation Reduction Act could violate World Trade Organization rules ... Psychology and Trading. Basics of Forex Trading – Part 2. Basics of Forex Trading – Part 1.
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India’s exports rise by 2.14pc to USD 36.27 bn in July

Financial Express 12 Aug 2022
India’s exports rose by 2.14 per cent to USD 36.27 billion in July while the trade deficit almost tripled to USD 30 billion during the month, according to official data released on Friday.
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Oil prices show weekly gains with supply side concerns

Anadolu Agency 12 Aug 2022
12 on supply concerns after the temporary suspension of pipeline supply to some European countries. Brent crude was trading at $98.28 per barrel at 15.38 p.m ... Supply concerns curtailed downward pressure after Ukraine’s main oil pipeline system operator, Ukrtransnafta, suspended oil transportation through the Ukrainian pipeline network on Aug.

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