China applies to join Asian trade deal U.S. abandoned
“The application is certain to spark a reaction from Washington, where a number of lawmakers had already expressed concern about China’s efforts to join. However, there’s no sign the administration of President Joe Biden is interested in rejoining the deal.”
[Bloomberg]
UK weighs joining USMCA as hopes for U.S.-only deal fade
“Prime Minister Boris Johnson indicated Tuesday that he doesn’t expect to secure the free-trade pact he seeks with the U.S. before the next U.K. general election due in 2024. A trade deal with the U.S. was billed as one of the prizes of Brexit, so Johnson is under pressure to prove the biggest upheaval in British foreign policy in 50 years was worth it.”
[Bloomberg]
China extends tariff exemptions on 81 products from U.S.
“The exemptions for items including some shrimp and electric vehicle batteries had been due to expire on Thursday but had now been extended until April 16, 2022.”
[Reuters]
UK government announces digital trade strategy
“On open digital markets, the idea stated in the strategy is to secure access for British businesses to overseas digital markets and allow UK consumers to access a wider variety of products and services from overseas. This will be done through actions ranging from promoting investment in digitally delivered services and working to remove barriers that result in ‘discriminatory conditions’ for e-commerce activities, and remove measures that inhibit the use of electronic authentication.”
[Computer Weekly]
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