Trump and von der Leyen offer conflicting accounts of EU–U.S. trade agreement
“While both sides present the accord as a breakthrough in easing transatlantic tensions, their public statements reveal disagreement on critical issues ranging from pharmaceutical tariffs to metals and industrial goods.”
[AFP]
U.S.-China talks restart as hopes grow for trade war truce extension
“On Monday, citing sources on both sides, the Hong Kong-based South China Morning Post reported that the US and China are expected to extend the truce by another three months. Meanwhile, the Financial Times reported that the US has frozen restrictions on technology exports to China to avoid hurting trade talks and help Trump secure a meeting with President Xi Jinping this year.”
[BBC]
South Korea seeks to leverage Trump’s focus on shipbuilding in tariff talks
“South Korea and the United States have been discussing a shipbuilding tie-up that could include investments to modernise U.S. shipyards and more help to repair the U.S. naval fleet as Seoul seeks better tariff terms, government and industry sources said.”
[Reuters]
Britain and India sign free trade pact
“Both sides hailed as historic a deal that will take effect following a ratification process, likely within a year, after which companies such as whisky distiller Diageo and carmakers including BMW, Nissan, Aston Martin and Tata-owned Jaguar Land Rover could benefit from lower duties.”
[The Straits Times]
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