Trade news and archive

UK signs 'landmark' free trade agreement with Australia

The UK has signed a trade agreement with Australia setting new global standards in customs and services and creating new work and travel opportunities for both nations. Agreed upon by UK prime minister Boris Johnson and Australian prime minister Scott Morrison in June, negotiators have now finalised the agreement with the final deal signed in a...

Business

How the US 25 percent trade tariff increase could hit EU and UK fashion

The United States announced recently that it would apply a tariff increase of 25 percent on goods from three European countries, as well as the United Kingdom, Turkey and India. The measure was soon suspended to allow for international negotiations to proceed. The 25 percent tariff increase was announced in response to the EU’s decision to apply...

Business

U.S. suspends tariffs on French luxury items over digital services tax

The United States has scrapped a new tariff on French goods in retaliation for a digital services tax. Goods including cosmetics, handbags and luxury items would have been subject to a 25 percent import tax. The U.S. is investigating the digital tax which it says could harm its native tech companies. Many European nations view a digital service...

Video

Is China altering the future shopping experience?

"China is a huge laboratory for innovation," says retail expert Angela Wang, "and in this laboratory everything found on the phones of the people instead." Five hundred million Chinese consumers - the equivalent along the total population of the United States, Britain and Germany - buy regularly on mobile platforms, even in stationary shops....

Video

Retail Trends for 2020

Make your consumers where they are and the way they want to be addressed 2020th Of educational platforms in stores, to on-demand Styling - The retail sector will change in the next 10 years than in the last 1000 years. Here five technologies are presented, which is the way we shop change.

Video

Retail Trends for 2020

Business

Alibaba's Ma says 1m US jobs pledge thwarted by trade row

Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between Beijing and Washington, Chinese state news reported Thursday. The billionaire owner of China's largest online shopping portal made the headline-grabbing promise to Donald Trump last year, as Beijing courted the...

BusinessFeatured

As trade war rages, Trump flags fly out of China factory

As the China-US trade war rages, a factory set amid corn and mulberry fields in central China stitches together US and "Trump 2020" flags -- and business is good. The US and China have slapped tariffs on billions of dollars worth of each other's goods, but there is little evidence of the dispute at the Jiahao Flag Company in Anhui province....

RetailFeatured

What does the US and China trade war mean for fashion?

The US has announced a trade war on China. Should those in Europe or the rest of the world care? The answer is a deciding yes. For luxury companies, who have a global supply chain that is widely spread across international markets, any barriers to the movement of goods could be detrimental. On a consumer level, think about the jeans and t-shirts...

Business|OPINION Featured

TPP: who profits, who does not

The Trans-Pacific Partnership(TPP) that was recently formed between the USA and eleven Pacific states - Canada, Chile, Mexico and Peru on one hand and New Zealand, Australia, Japan, Malaysia, Brunei, Singapore and Vietnam on the other - aims to remove trade barriers and to set common standards. Non-members like the EU are more than a bit alarmed...