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"It Could Reshape The Global Trading System For Decades" - US Rejects China's Bid "Market Economy" Status

"It Could Reshape The Global Trading System For Decades" - US Rejects China's Bid "Market Economy" Status

The US has filed a legal submission to the WTO as a third party, intervening in a case that China has brought against the European Union. The US rejects China’s argument that under the 2001 agreement, which confirmed China’s WTO status, it would should automatically be considered a “market economy” fifteen years after joining.

Cable Crumbles After Government Denies Telegraph Report On Brexit Divorce Bill Agreement

Cable Crumbles After Government Denies Telegraph Report On Brexit Divorce Bill Agreement

Update: That did not last long. Shortly after The Telegraph report hit the wires, AP reports that Brexit talks between the UK and European Union are continuing as officials played down suggestions that a deal has been reached on the so-called divorce bill.

 Reports suggested an agreement in principle has been reached which would see Theresa May increase her offer and pay between £40 and £49 billion (45-55 billion euro).

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