Trade

Internal market flourishes, but protectionism looms
Trade is booming within the European Union. The exchange of goods among the member states is flourishing on the EU's internal market. But there are worries about trade relations outside the EU. US President Donald Trump is putting the EU under pressure with punitive duties. Also, Europe likewise faces major challenges in structuring its trade relations with Britain after the British withdrawal from the EU.
British members of the European Parliament from the Group of the Progressive Alliance of Socialists and Democrats pose for a group picture wearing scarves depicting the EU and the Union Jack flags at the Europa Building in Brussels, on January 29, 2020. Photo: John Thys / AFP
British members of the European Parliame […]

UK holds firm on Brexit extension despite coronavirus

Despite the deadlock in post-Brexit EU trade talks and the coronavirus disruption, London still refuses to consider delaying a December deadline -- and the outbreak may even have toughened its stance
Employee Andrea Kuenle-Bartsch decorates a mannequin with a face mask in a fashion store in Ludwigsburg, southern Germany, on April 20, 2020, amid the novel coronavirus COVID-19 pandemic. - Parts of Europe hit hard by the deadly coronavirus pandemic took tentative steps towards resuming normal lives on Monday, April 20, 2020, with Germany allowing some shops to reopen. (Photo by THOMAS KIENZLE / AFP)
Employee Andrea Kuenle-Bartsch decorates […]

Multinationals in the time of virus: who wins, who loses?

The coronavirus pandemic, set to provoke a severe global recession this year, is hitting multinational companies disproportionately. But what sectors might succeed during the pandemic?
European Council President Charles Michel (L), Commission President Ursula von der Leyen (R) and Parliament President David Sassoli (C) give a press conference on Brexit at the EU Parliament in Brussels, on January 31, 2020. Photo: John Thys / AFP
European Council President Charles Miche […]

EU turns page on Brexit, moves on to trade talks

A resolute European Union sought Friday to turn the page on Brexit and move on to negotiating a looser, less favourable trading relationship with its departing British partner
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