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'Mini-Deal' With China Expected Before End of Year, Bank of America Analysts Say
October 22, 2019 |Trade Business

The U.S. and China appear poised to reach some sort of "mini-deal" before the end of the year, said Bank of America global economists Ethan Harris and Aditya Bhave in an Oct. 18 report. "In our view, both sides see the other as being in a weakened negotiating position," the analysts said. "The US can point to the bigger economic slowdown in China than in the US. China can point to President [Donald] Trump’s impeachment investigation and his desire to maintain a healthy economy going into the election. This argues for a relatively balanced 'win-win' deal."

China to Ask WTO for Permission to Retaliate Over CVD Cases
October 22, 2019 by Mara Lee|World Trade Organization

China is going to ask the World Trade Organization to authorize retaliatory tariffs on $2.4 billion worth of goods at the WTO's dispute settlement body meeting Oct. 28. If the U.S. disagrees with either the argument that it's not complying with the ruling on countervailing duties, or the amount of retaliation permitted, an arbitrator will decide how much China may retaliate.

UK, Georgia Sign Trade Continuity Agreement
October 22, 2019 |Europe

The United Kingdom and Georgia signed a continuity agreement to continue trading under current terms after Britain leaves the European Union, the U.K.'s Department for International Trade said in an Oct. 21 press release. The deal copies the “comprehensive market access for trade” under the two sides’ EU agreement, the U.K. said. “Trading under the terms outlined in the agreement, rather than on World Trade Organization terms, will ensure British businesses and consumers benefit from continued preferential access to Georgia after the UK leaves the European Union,” the press release said.

UK Updates Guidance on Post-Brexit Trade Agreements
October 22, 2019 |Europe

Britain's Department for International Trade updated its guidance on the United Kingdom’s trade agreements with non-European Union countries in a no-deal Brexit. The guidance includes a list of trade agreements that have been signed and agreements that are still in discussion.