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Trade Deal

All articles tagged with #trade deal

business1 day ago

U.S.-Taiwan Trade Pact Pushes Tariff Cuts and Arizona Chip-Fab Expansion

The Trump administration is nearing a U.S.–Taiwan trade deal that would cut Taiwan’s tariff rate to 15% and require Taiwan Semiconductor Manufacturing Co. (TSMC) to invest in at least five new semiconductor fabs in Arizona, effectively expanding its U.S. footprint. The agreement is under legal review and could be announced soon, though specific investment timelines remain unclear.

world2 days ago

EU-Mercosur Pact Signals Waning U.S. Clout in Latin America

A long-delayed EU-Mercosur trade agreement between the EU and Mercosur members Brazil, Argentina, Paraguay and Uruguay strengthens regional trade ties while underscoring a decline in U.S. influence in Latin America, with analysts attributing progress to the broader international context—tariff wars, Ukraine, and Venezuela—rather than American pressure; the deal could spur Mercosur to seek more agreements and reinforces a push toward rules-based multilateralism in the region.

world24 days ago

India and New Zealand Launch Major Free Trade Agreement

India and New Zealand finalized a comprehensive free trade agreement aimed at reducing tariffs on 95% of New Zealand exports to India and providing India tariff-free access to New Zealand markets, alongside a pledge for New Zealand to invest €17 billion in India over 15 years. The deal, expected to be signed in 2026, covers various sectors but faces political hurdles in New Zealand due to concerns over immigration and dairy protections.

world27 days ago

EU Mercosur Trade Deal Faces Delays Amid Farmer Protests and Political Disputes

The signing of the EU-Mercosur trade deal has been delayed to January due to Italy's request for more time to address agricultural concerns, amid political debates, protests, and opposition from some EU countries. The deal, which aims to boost exports and reduce reliance on China, faces hurdles from farmers and governments worried about cheap imports and agricultural impacts.