Background

EU seeks emergency powers on supply chains

“The law will consist of a ‘toolbox of measures that can be activated to ensure security of supply during a crisis,’ Breton wrote, which could mean export controls and powers for the EU to request information from companies on production, stockpiles and their supply chains.”

[Politico]

Beijing to remove all limits on foreign automakers owning operations in China

“Overall, the number of items off-limits for foreign investors will be cut from 33 to 31 in China. In pilot free trade zones, that number will be reduced from 30 to 27. The new negative lists, designed to open up China's economy to foreign investment, will come into effect on Jan. 1.”

[UPI]

UK, Australia sign trade agreement

“The deal is expected to unlock £10.4 billion of additional trade, boosting our economy and increasing wages across the UK, while eliminating tariffs on 100% of UK exports.”

[UK government]

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