UK-US Pharma Deal Lacks Legal Text, MPs Warn
MPs warn UK's 'milestone' zero-tariff drug deal with the US is 'built on sand' with no legal text. Concerns grow as a separate £31bn tech deal is paused. Could the NHS pay more for nothing?
Category : Trade Export
US Escalates Pressure on Venezuela with Oil Tanker Blockade
Donald Trump announces a complete blockade of Venezuelan oil exports, triggering protests in Caracas and a spike in global oil prices. Analysis of the escalating crisis.
UK-US Tech Deal Not Dead, Starmer Office Insists
Downing Street claims 'active conversations' continue on the stalled $40bn Tech Prosperity Deal, as Trump threatens penalties against European tech firms. Read the latest on the transatlantic tech standoff.
New UK-South Korea trade deal to bring extra £400m
The UK and South Korea have signed an upgraded trade agreement, set to inject an extra £400m annually into the British economy. The deal focuses on cars, Scottish salmon, and Guinness. Read the full details.
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US Puts £31bn UK Tech Prosperity Deal on Ice
A landmark £31bn tech investment deal between the US and UK is frozen, with Washington citing stalled progress on trade barriers. Discover the implications for AI and transatlantic relations.
Spain investigates lab leak in African swine fever outbreak
Spanish authorities are investigating if a research facility leak caused the African swine fever outbreak near Barcelona, threatening the nation's vital pork export industry. Read the latest developments.
Trump's $2.5bn Venezuela Oil Deal with Maduro
Donald Trump's reported $2.5bn deal to import Venezuelan oil could reshape global energy markets and US foreign policy. Explore the implications for sanctions and diplomacy.
US & EU Launch DRC Critical Minerals Project
The US and EU have launched a major critical minerals project in the Democratic Republic of Congo's Lobito Corridor, aiming to secure supply chains and boost regional development. Read the full report.
Swine Fever Outbreak in Spain Threatens Pork Exports
Spanish authorities deploy hundreds to contain an African swine fever outbreak near Barcelona, linked to contaminated food. The nation's €8.8bn pork export industry faces immediate risk.
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UK-US agree zero tariff deal on pharmaceuticals
The UK has secured a major three-year deal for zero US import tariffs on pharmaceuticals, safeguarding £5bn in annual exports and boosting life sciences investment. Read the full analysis.
UK-US zero-tariff pharma deal, NHS drug price rise
The UK and US have agreed a landmark deal maintaining zero tariffs on pharmaceuticals, while the NHS commits to a 25% net price increase for new medicines. Explore the details and implications.
US and UK agree zero-tariffs on pharmaceuticals
The US has agreed to spare the UK from threatened trade tariffs on pharmaceutical products, ensuring access to latest medical breakthroughs. Read the full details.
EU-US restart trade talks as tariff tensions remain
High-level US officials head to Brussels to resolve sticking points in July's controversial tariff agreement. Key issues include steel levies and implementation delays.
US May Delay Trump's Semiconductor Tariffs
US officials privately indicate potential delay in Trump's promised 100% semiconductor tariffs to avoid trade war with China and consumer price concerns. Full analysis.
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Dutch suspend Chinese chipmaker Nexperia seizure
The Dutch government suspends its takeover of Nexperia, easing global car production fears. Discover how this chip dispute resolution impacts international trade relations.
South Korea coal closure alarms Australian exporters
South Korea's decision to close all coal-fired power plants by 2040 signals major risks for Australia's thermal coal exports. Experts urge pivot to green industries.
US Scrambles to Break China's Rare-Earth Dominance
The Trump administration is racing to rebuild America's rare-earth supply chain, challenging China's 90% processing control. Can the US achieve mineral independence?
Trump removes Australian beef tariffs in policy reversal
US President Donald Trump has signed an executive order removing tariffs on Australian beef and other food imports. Australian officials welcome the decision, calling previous duties 'unjustified'.
Trump reverses course, cuts tariffs on food imports
Donald Trump has signed an executive order lowering tariffs on beef, coffee and bananas, marking a sharp policy reversal as concerns over rising costs grow. Explore the political implications.
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China voices 'extreme disappointment' with Dutch minister
China expresses extreme disappointment with the Dutch minister over a semiconductor supply chain crisis that brought the global car industry to a halt. Read the full story.
China resumes chip supply to EU for 12 months
China agrees to restart Nexperia chip exports to Europe for one year only, exposing EU's vulnerability to trade weaponisation and strategic dependencies.
Supreme Court to Review Trump Tariff Authority
The US Supreme Court has agreed to hear a landmark case challenging Donald Trump's authority to impose sweeping tariffs, setting up a constitutional battle with global economic implications.
Bulgaria seizes Russian refinery in sanctions crackdown
In a significant escalation of economic pressure on Moscow, Bulgaria moves to nationalise a key Russian-owned oil refinery while Poland positions itself as Europe's new gas conduit from the US.
Malaysia defends Trump trade deal amid criticism
Malaysian government officials have launched a robust defence of their new trade agreement with former US President Donald Trump, dismissing criticism as 'misinformed' while highlighting potential economic benefits.
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Supreme Court to rule on Trump tariff powers
The US Supreme Court prepares to hear a landmark case challenging Donald Trump's authority to impose sweeping tariffs without congressional approval, setting up a constitutional clash with global economic implications.
Carney: Free Trade Era Over at APEC Summit
Canadian PM Mark Carney tells APEC summit the global economic order has fundamentally shifted, warning nations must adapt to new realities of protectionism and supply chain security.
Trump's Asian Trade Tour Sparks Tariff Concerns
Former President Donald Trump embarks on a strategic Asian tour, pursuing bilateral trade deals that could reshape international commerce and trigger widespread tariff impositions.
Trump's rare earth deal with China cuts tariffs
Former President Donald Trump secures a landmark agreement with China, slashing tariffs on rare earth minerals in a move that's dividing experts and raising eyebrows across the political spectrum.
Trump-Xi Summit: 5 Key Trade Takeaways
In a landmark meeting that could reshape global economics, Donald Trump and Xi Jinping navigate complex trade negotiations. Discover the five crucial outcomes from their high-level discussions.
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Xi and Trump strike cautious tone after trade talks
World leaders acknowledge differences but signal willingness for continued dialogue amid ongoing trade negotiations between economic superpowers.
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