A deeply divided United Kingdom has officially ended its 47 years of European Union membership as the clock strikes 11pm in London and midnight in Brussels — and the slated 11-month ‘transition period’ has formally begun. The long and rocky road to the divorce began three-and-a-half years ago when 52 percent of Brits voted to cut their losses and take their country out of the 28-member bloc... 

Despite the fact that most European regimes refuse to consider removing sanctions on Russia under various pretexts, some EU politicians and parties have been calling for an end to economic and political confrontations and a mending of ties with its eastern neighbour. However, it is the peoples of Europe and importantly the most intelligent of respondents who demand that the political elite stop ignoring... 

Donald Trump might not care about America or Americans or any of that other stuff, but you know what he has the strength to defend? Google can always count on Donald Trump. Why should they ever have to pay taxes to anyone ever, after all? In 2020, I won’t be voting for building a wall, ending wars, dealing with the opioid crisis, or any of those other things I thought I was voting for last time. Oh... 

The removal of India from a preferential trade deal which allowed for $5.6bn in duty-free imports, is inevitable, American officials have stressed, claiming, however, that the US wants nothing but good relations with its partner. Calling India a “high tariff nation” and repeatedly accusing the South Asian country of failing to provide the US with unlimited access to its markets, Washington announced... 

US President Donald Trump has vowed to impose import tariffs on $11 billion worth of goods from the European Union after the World Trade Organization (WTO) ruled EU subsidies to Airbus caused “adverse effects” to the US. Earlier this week, the US Trade Representative (USTR) said Washington was mulling tariffs on a wide range of European exports to the US, including large commercial aircraft and... 

Prominent Italian and EU officials are sounding the alarm over Rome’s endorsement of the China-led Belt and Road Initiative, saying Beijing could be seeking to expand its political influence in Europe rather than boost its trading relations with the EU. Kristian Rouz — The cabinet of Italian Prime Minister Guiseppe Conte endorses China’s Belt and Road investment and trade initiative,... 

The only problem with the U.S. economy is the Federal Reserve central bank, President Trump said Monday. “The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch – he can’t putt!” he... 

Attempts to use the US Navy to block Russia’s trade would amount to a declaration of war, a high-ranking senator commented on the US internal secretary’s idea of impeding Russia’s energy trade through a blockade. “A US blockade of Russia would be equal to a declaration of war under international law,” said the head of the Russian Senate’s Information Policy Committee, Aleksey Pushkov,... 

With South Africa reeling amid concerns of land expropriation, the rand tumbling amid broad emerging market fears and the local economy pressured by collapsing consumer spending, moments ago the Pretoria-based Statistics South Africa announced that Q2 GDP contracted at a 0.7% annualized rate, missing expectations of a 0.6% increase, and together with the sharp drop in Q1 GDP, South Africa has now... 

The United States and its traditional allies are on the brink of a full-scale trade war amid the EU’s tit-for-tat response to Washington’s move to impose stiff tariffs on steel and aluminum imports. US President Donald Trump offered his French counterpart Emmanuel Macron a lucrative bilateral trade deal if France agreed to withdraw from the EU, the Washington Post reported on Thursday, citing... 

The White House has announced a 25-percent tariff on $50 billion worth of Chinese goods in what it calls a clampdown on unfair trade practices by Beijing. The US trade representative’s office said it issued a revised China tariff list covering 1,102 separate product categories. The first package of revised tariffs will apply to $34 billion of Chinese imports, on 818 product lines, and will enter... 

Austrian Vice-Chancellor Heinz-Christian Strache has called on the European Union to lift anti-Russian sanctions amid the US decision to impose tariffs on aluminum and steel imports from the bloc. On Thursday, US President Donald Trump announced he would remove exemptions and impose 25 percent tariffs on steel and 10 percent tariffs on aluminum imports from the European Union, Canada and Mexico. “Rethinking... 

Beijing is hiking up tariffs on more than 128 US imports, including fruit and pork, as part of a tit-for-tat response to US President Donald Trump’s $60 billion package of tariffs imposed against China. The additional fares, which range from 15 to 25 percent, are taking effect on Monday, the Chinese Finance Ministry said on their website. It added that the measure, aimed at “safeguarding China’s... 

After delays and hours of discussions amid tensions over ‘trade’ comments between the United States and the rest of The G-20, it appears President Trump has ‘won’. While China was “adamantly against” protectionism, the finance ministers end talks without renewing their long-standing commitment to free trade and rejection of protectionism after US opposition. The world’s financial leaders... 

Earlier this week, when we discussed Peter Navarro’s jarring op-ed in the WSJ in which he alleged that the persistent US trade deficit “would put US national security in jeopardy”, we said that “a better question than what is Navarro’s purpose by writing it, is why he is writing it, and does his use of a public forum like the WSJ mean that there is friction between him and Trump camp, especially...