All the updated news related to international trade

All the news related to international trade updated in real time

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US and UK agree to begin talks on removing steel tariffs

The United States has agreed to begin talks seeking to remove the tariffs on British steel and aluminium imposed by former president Donald Trump. International Trade Secretary Anne-Marie Trevelyan said she had held a “productive discussion” with US ...

20 Jan 2022 at 00:25

UK steel industry safeguards to be extended until 2024

The Government will maintain trade safeguards for the UK steel industry for another two years, a minister has announced. International Trade Secretary Anne-Marie Trevelyan also said the plans to protect British steel producers depart from the UK’s ...

29 Jun 2022 at 15:36

Trade minister tours US to strike state-level trade agreements

Trade minister Greg Hands is touring the US to sign the UK’s third state-level trade agreement and seek closer ties with further individual states. With a comprehensive post-Brexit trade deal with the US appearing some way off, Britain has been ...

07 Dec 2022 at 01:01

City

Trade department has made progress but needs to co-operate better, says report

The Department for International Trade has “made progress” towards selling the UK as an investment destination, but needs to co-ordinate better with other authorities, the Government’s official auditors have said. The National Audit Office ...

27 Jan 2023 at 00:01

Sunak set for mini-reshuffle to replace Zahawi

Rishi Sunak is set to reshuffle his Cabinet with the appointment of a new Conservative Party chairman and the possibility of reforms to Whitehall departments. The Prime Minister is expected to announce a replacement for Nadhim Zahawi, who ...

07 Feb 2023 at 08:29

UK should drop Gulf trade deal if rights concerns not addressed, say MPs

The UK should be willing to walk away from trade negotiations with Gulf states rather than accept an agreement that fails to address human rights and environmental concerns, MPs have said. A report from the Commons International Trade ...

26 Apr 2023 at 00:01

Scottish minister calls for more engagement on trade deals

Scotland’s Rural Affairs Secretary has called on the UK Government to engage more on future trade deals as the pact with Australia and New Zealand comes into force. The first deals struck by the UK post-Brexit came into force on ...

31 May 2023 at 09:22

World

Indonesia seizes ton of endangered pangolin scales meant for Chinese clients

Indonesian authorities said on Tuesday that they have foiled a plot to smuggle more than a ton of scales from endangered pangolins worth more than a million US dollars. The 1.2 tons of scales worth 1.3 million dollars (£1.03 ...

26 Nov 2024 at 14:23

UK ready for ‘all eventualities’ if Trump launches trade war, says Reynolds

The UK is prepared for “all eventualities” if Donald Trump slaps import tariffs on goods from Britain, Trade Secretary Jonathan Reynolds said. The US president-elect has already announced plans to hit China, Canada and ...

26 Nov 2024 at 18:11

UK signs off membership to major Indo-Pacific trade bloc

Kemi Badenoch has signed off UK membership to a major Indo-Pacific trade bloc, bringing British businesses a step closer to being able to sell to a market of 500 million people with fewer barriers. The Business and ...

16 Jul 2023 at 02:30

Bank of England boss warns over ‘fragmenting’ world economy amid Trump tariffs

The Governor of the Bank of England has warned over “fragmenting” the world economy amid promises from Donald Trump that he will impose steep trade tariffs on other countries. Speaking to MPs on Tuesday, Andrew ...

19 Nov 2024 at 12:21

Starmer has economy as top priority on Saudi trip amid human rights concerns

Sir Keir Starmer is putting efforts to kickstart economic growth above human rights concerns as he meets Saudia Arabia’s crown prince Mohammad bin Salman. Downing Street said the economy was Sir Keir’s “number ...

09 Dec 2024 at 13:24

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