Melissa Quek

233 Added | 2 Magazines | 8 Likes | 3 Following | 1 Follower | @kiddiemeli | Keep up with Melissa Quek on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Melissa Quek”

EU, Mexico reach 'agreement in principle' on free-trade deal

BRUSSELS: The EU and Mexico said on Saturday (Apr 21) they had reached an "agreement in principle" to modernise a free-trade deal sealed in 2000 …

Free Trade

Singapore’s prime minister schools Trump on how trade actually works

The prime minister of Singapore is really not cool with Donald Trump’s tariffs. In a Washington Post op-ed this week, Lee Hsien Loong condemned Trump’s trade barriers as “not the correct solution.” His key point:<p>As economists have pointed out, when assessing economic relationships, what matters is …

Economics

World trade system in danger of being torn apart, warns IMF

Global economy at risk from US-China tariff row and rise of protectionism, report says<p>The postwar global trading system risks being torn apart, the International Monetary Fund has warned, amid concern over the tariff showdown between the US and China.<p>In a sign of its growing concern that …

Economics

This is Britain’s moment for an ambitious Commonwealth trade deal

The Commonwealth Heads of Government Meeting (CHOGM) currently underway is the perfect petri dish for the start of trade talks.<p>These 54 heads of …

Globalization

EU drags US to WTO over steel, aluminum tariffs

The EU is seeking compensation from the US for its tariffs on steel and aluminum, rejecting the "national security" justification. China has already …

European Union

China Slaps Anti-Dumping Duties on $957 Million U.S. Grain Trade

China will impose temporary anti-dumping deposits on U.S. sorghum imports from Wednesday, adding to trade tensions between the world’s biggest …

China

$5.6 billion Indian exports may be hit as US weighs tighter policy

The generalized system of preferences (GSP) programme allows duty-free entry of 3,500 products from India, which benefits exporters of textiles, …

India

Trade minister says 'no appetite' to renegotiate TPP to accommodate US

"I can't see us unpicking all the stitching that brought this deal together to accommodate the US at this point," Australia's Trade Minister says.

Trans-Pacific Partnership

Japan to propose new framework for discussing Pacific trade with Donald Trump

Japan is willing to work with Donald Trump on after the President said the US could rejoin a Pacific trade partnership if the terms were …

Free Trade

Geneva trade official backs WTO, says it serves US interests

GENEVA (AP) — The director of a key multilateral trade agency said Wednesday that she is worried about efforts to "exaggerate" the shortcomings of the World Trade Organization and insisted the trade body "serves the U.S.'s interests."<p>Speaking to reporters in Geneva, International Trade Centre …

World Trade Organization

France to Trump: ‘No Paris Agreement, No Trade Agreement’

There will be no trade deal between the EU and US if the Trump administration follows through with its threat to withdraw from the Paris climate …

North Africa

Pavilion Energy Imports First LNG Cargo for Use in Singapore

Singapore’s state-owned natural gas importer brought in its first cargo of a super-chilled form of the fuel for domestic use.<p>Pavilion Energy Pte, …

Natural Gas

Amid trade fight, Trump says China will do the 'right thing'

WASHINGTON (AP) — Amid global fears of an escalating trade dispute between the U.S. and China, President Donald Trump suggested that Beijing will ease trade barriers "because it is the right thing to do" and that the economic superpowers can settle the conflict that has rattled financial markets, …

Donald Trump

Why Africa's free trade area offers so much promise

African heads of states and governments pose during African Union (AU) summit for the agreement to establish the African Continental Free Trade Area …

Economic Development

Why China Is Confident It Can Beat Trump in a Trade War

BEIJING — China’s leaders sound supremely confident that they can win a trade war with President Trump.<p>The state news media has depicted him as a reckless bully intent on undermining the global trading system, while presenting the Chinese government as a fair-minded champion of free trade. And …

China

Trump Proposes Tariffs on $50 Billion in Chinese Electronics Imports

WASHINGTON (AP) — The Trump administration on Tuesday escalated its aggressive actions on trade by proposing 25 percent tariffs on $50 billion in …

China

Trump: Trade Wars Are Easy to Win. Also Trump: We Lost the Trade War with China.

The president spits knowledge about a $500 billion...something.<p>When he wasn't vilifying immigrants or leading his supporters in "lock her up" chants during the 2016 campaign, then-Candidate Trump was touting his own skills as an Artful Dealmaker to fix our trade agreements, which are very unfair.</i> …

Donald Trump

Trump on trade war with China: “When you’re already $500 Billion DOWN, you can’t lose!”

Narrator: You can lose.<p>On Monday, the Trump administration announced tariffs on about $50 billion worth of imported goods from China, aiming to punish the country for alleged violations of American intellectual property. The Chinese clapped back Tuesday with retaliatory tariffs on about 106 …

Economics

How trade wars end and why Trump’s will be different

As China and the United States got closer to a full-blown trade war on Wednesday, with China threatening to impose tariffs on 106 more U.S. products after a similar U.S. move on Tuesday, one major question is looming larger than ever over the world’s two biggest economies: Once you're in a trade …

Globalization

China fires back, announcing tariffs on US planes, cars and soybeans

China is punching back in the escalating trade dispute with the United States, announcing plans for heavy new tariffs on dozens more US goods including aircraft and autos.<p>The Chinese Ministry of Commerce on Wednesday said it plans to impose a 25% tariff on $50 billion worth of US exports. The 106 …

China

US expects talks with China as trade fight escalates

WASHINGTON/BEIJING: The United States voiced willingness on Wednesday to negotiate a resolution to an escalating trade fight with China after Beijing …

China

China joked about Trump’s tariffs: ‘It is only polite to reciprocate.’ Then it did.

BEIJING — The Chinese Foreign Ministry is not known for its sense of humor. But when the Trump administration announced plans to impose $50 billion worth of tariffs, it issued an unusually tart response.<p>On Tuesday, the White House warned that it plans to hit Chinese electronic, aerospace and …

China

A glance at US products affected by Chinese tariff hikes

Some U.S. goods on which the Chinese government raised tariffs Monday.<p>25 PERCENT TARIFFS<p>Most goods targeted for 25 percent tariffs are varieties of pork, for which China is the No. 3 American export market.<p>— PORK<p>Fresh and chilled bone-in pork forelegs and hind legs, chilled whole and half hog …

Natural Gas

China hits the United States with tariffs on $3 billion of exports

China is showing the United States that it will make good on its trade threats.<p>The Chinese government said that tariffs on about $3 billion worth of US imports are going into effect Monday, hitting 128 products ranging from pork, meat and fruit to steel pipes.<p>It's the latest move in escalating …

Globalization

Why Africa’s free-trade area offers so much promise

The goal must be to ensure the products manufactured in African countries are competitively traded on the continent and abroad<p>This is a particularly …

Free Trade

African leaders have created the world’s largest free trade area since the WTO—here’s its potential

African leaders have just signed a framework establishing the African Continental Free Trade Area, the largest free trade agreement since the creation of the World Trade Organization.<p>The free trade area aims to create a single market for goods and services in Africa. By 2030 the market size is …

Economic Development

Trump Secures Trade Deal With South Korea Ahead of Nuclear Talks

<i>Update: The United States and South Korea formally announced the trade agreement in a joint statement on Wednesday, and said that it “represents important progress in improving U.S.-Korea trade and economic relations.”</i><p>WASHINGTON — President Trump scored his first significant trade deal this week, …

South Korea

The US wants China to reverse its decision to bar foreign garbage

The United States asked China on Friday not to implement a ban on imports of scrap materials, after the world's top scrap buyer abruptly shut the door to many types of waste, throwing the global recycling industry into turmoil.<p>Reuters broke the news last July that China had told the World Trade …

China

Trump Wanted a Trade War. Here’s What One Looks Like

In a two-week span, U.S. President Donald Trump ordered up an array of tariffs against numerous countries, blocked Chinese takeovers of U.S. …

Globalization

Turnbull invites Indonesia to TPP club

Prime Minister Malcolm Turnbull will announce a $30 million investment to support "smart cities".<p>Malcolm Turnbull would like to see Indonesia join …