Japan and Britain aim to clinch a trade deal by the end of July and Tokyo wants to secure at least the same automobile tariffs as it has in its existing European Union trade pact, Tokyo’s chief negotiator said.
Mexico’s trade negotiator for North America said that Mexico categorically opposes allowing foreign labor inspectors to operate in the country, saying that was not contemplated in the recent agreement with Washington and Ottawa on the USMCA pact to replace the North American Free Trade Agreement.
The UK will not lower food standards to secure a post-Brexit trade deal with the US, the government says. It comes after Washington published its objectives for a US-UK trade pact. The US wants comprehensive market access for its farmers' products that would see more US-made food on British supermarket shelves.
China and Taiwan have signed a historic trade pact, seen as the most significant agreement since civil war split the two governments 60 years ago. The Economic Co-operation Framework Agreement (ECFA) removes tariffs on hundreds of products. It could boost bilateral trade that already totals 110 billion US dollars a year.