UK politics
fromwww.theguardian.com
1 day agoBreakfast reset': will marmalade really be renamed in post-Brexit food deal?
UK may need to relabel marmalade under new EU food deal regulations.
"We worked hard," WTO Director-General Ngozi Okonjo-Iweala said, adding that the US and Brazil in particular "need more time" to work out their differences over the agreement to impose levies on cross-border online orders.
The European Commission, the EU's executive arm, will next week propose new rules that are expected to include a requirement for companies in strategic sectors to produce in Europe if they want to receive public money. But the definition of "European preference" has triggered debate, with calls especially from France for more "Made in Europe", while other EU states such as Germany call for "Made with Europe".
The International Monetary Fund has warned mounting geopolitical tensions and an escalation of Donald Trump's tariff war could hit global economic growth and trigger a backlash in financial markets. In an update as Trump threatens to impose tariffs on Nato allies opposed to his ambitions in Greenland, the Washington-based fund said a renewed eruption in trade tensions was among the biggest risks to global growth in 2026.
The US has increasingly shut out Chinese smartphone makers in recent years with outright bans and punitive tariffs, not to mention Apple's dominance. But the truth is, some of the best smartphones you can't officially buy in the US are simply some of the best smartphones. If you want cutting-edge photography, interesting innovations, and top-tier hardware that won't break the bank, you can find them in China.
John Teeling, the whiskey entrepreneur who founded the Great Northern Distillery outside Dundalk, says the company is already selling blended whiskey product into India that has been specially formulated and branded for that market. It's being imported by local partners there. Mr Teeling said he was previously concerned that Great Northern Distillery was primarily focused on the US market. Now he says that India and the broader Asian market including countries such as China, Japan, Vietnam and Thailand could become significant markets for Irish whiskey.
China has been flooding Latin American markets with low-priced exports, especially autos and e-commerce goods, as its exporters adjust to U.S. President Donald Trump's tariffs and geopolitical moves. The world's second-largest economy has become a major trading partner for many Latin American nations, seeking access to their abundant natural resources and growing markets while expanding its influence in a region Trump views as America's Backyard.
Stability. Consistency. Ever-changing complexity. With language like that, deployed in separate meetings in three Asian capitals this week, government leaders forged closer ties driven in part by a figure halfway around the world: the president of the United States. And much of the time, they didn't even mention Donald Trump's name. IN BEIJING: The U.K. and Chinese leaders called Thursday for a "long-term, stable, and comprehensive strategic partnership" between their two countries. The important words are long-term and stable. The two countries committed a decade ago to building a comprehensive strategic partnership but progress has been halting at best.
After nearly two decades of negotiations, India and the European Union announced Tuesday they have reached a free trade agreement to deepen economic and strategic ties. The accord, which the EU chief described as the "mother of all deals," could affect as many as 2 billion people. The deal between two of the world's biggest markets comes as Washington targets both India and the EU with steep import tariffs, disrupting established trade flows and pushing major economies to seek alternate partnerships.
Australia and the EU are on the brink of striking a long sought after free trade agreement, with both sides talking up significant progress during talks in Brussels overnight. Ahead of a planned visit to Australia by European Commission president Ursula von der Leyen, due within months, a joint statement issued after the latest talks attended by the trade minister, Don Farrell, signalled major progress. The two sides said they had been able to converge on key differences which have dogged the deal for years.
The deal would forge a market of two billion people and nearly a quarter of global GDP, according to the European Commission. Follow DW for more. EU and India conclude trade negotiations after nearly two decades of on-off negotiationsImage: Altaf Hussain/REUTERS Skip next section What you need to know EU and India have finalized a trade deal after nearly two decades of negotiations
Brussels would be willing to discuss closer trade ties with the UK, including the possibility of cooperation on a customs union, a senior European commissioner has said, signalling the clearest openness yet from the EU to re-engage with Britain.Speaking to the BBC after high-level talks in London, Valdis Dombrovskis, the European Commissioner for Economy, said the EU was "ready to engage with an open mind" if the UK wanted to explore deeper economic alignment.