China on Saturday warned the US against launching a trade war, saying that both countries would suffer if US President Donald Trump follows through on his threats. The billionaire politician has repeatedly accused China of using unfair trade policies to steal jobs from the US, threatening to retaliate with massive tariffs unless Beijing changes tack. … Read more
China warned Thursday that United States ignoring World Trade Organization rulings could trigger a “trade war” after President Donald Trump’s administration said it was not bound by the body’s decisions. Last week a letter sent from the United States Trade Representative to Congress outlining Trump policy reviewed the terms under which the United States joined … Read more
Food Sovereignty Ghana (FSG) has said it “totally rejects the false impression” that the chairman of parliament’s Appointments Committee, Joseph Osei-Owusu, sought to create during the vetting of Food and Agriculture Minister-designate at the time, Mr Owusu Afriyie Akoto, that FSG is “misleading various agencies for them to issue statements which are totally out of … Read more
The Trump administration’s top trade advisor said Monday US trade deficits are a threat to national security that could cause the loss of American freedom and prosperity. Outlining an unapologetically aggressive trade policy, Peter Navarro, director of the White House National Trade Council, accused economists and the media of ignoring the risk posed by trade … Read more
Renault-Nissan chief Carlos Ghosn warned Thursday that protectionist trade policies could spell “disaster” for an automotive sector that depends on open borders for a complex supply chain. Ghosn, speaking at a forum on the future of mobility, said automakers depend on parts and technologies that move freely around the world. While he did not specifically … Read more
French presidential candidate and current frontrunner Emmanuel Macron on Thursday criticized the protectionist and environmental policies of U. S President Donald Trump. Trump has caused disquiet in Europe over threats to impose a border tax on German cars and his attempts to unravel former Democratic President Barack Obama’s initiatives to combat global climate change. “Mr … Read more
The International Chamber of Commerce (ICC) has welcomed the entry into force of the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA), a landmark global trade agreement which could provide a boost to global trade flows of over US$1trillion. Two-thirds of WTO member states have now ratified the TFA, with Rwanda, Chad, Oman, Jordan becoming … Read more
A 40-member Japanese delegation led by the Japanese Ambassador to Ghana has visited the Ghana Ports and Harbours Authority (GPHA). The delegation was made up of officials from the Japan embassy in Ghana, Cote’divoire and Japan International Cooperation Agency (JICA) was received by management of the GPHA. The purpose of the visit is to explore … Read more
U. S. President Donald Trump’s administration is preparing to ignore any rulings by the World Trade Organization that it sees as an affront to U.S. sovereignty, the Financial Times reported on Tuesday, citing a report prepared by officials. The draft document, due to be sent to the U.S. Congress on Wednesday, marks the first time … Read more
PRESIDENT DONALD J. TRUMP’S ADDRESS TO A JOINT SESSION OF CONGRESS Remarks as prepared for delivery TO THE CONGRESS OF THE UNITED STATES: Mr. Speaker, Mr. Vice President, Members of Congress, the First Lady of the United States, and Citizens of America: Tonight, as we mark the conclusion of our celebration of Black History Month, … Read more
The International Chamber of Commerce (ICC) has welcomed the entry into force of the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA). The TFA is a landmark global trade agreement which could provide a boost to global trade flows of over $1trillion. Two-thirds of WTO member states have now ratified the TFA, with Rwanda, Chad, … Read more
Latest: “Food Sovereignty appeared before our committee and we gave them the opportunity to prove that the bill is about GMO. They couldn’t. They actually apologized and withdrew. And yet the day after, they went and issued a statement. So, for me it is important that we clarify these things, rather than misleading various agencies … Read more
The World Bank Group has called on the government of Ghana to, as a matter of urgency, tighten its consumer protection standards to promote the health, safety and security of consumers. According to the World Bank Group’s Senior Director of Global Practice on Trade and Competitiveness, Anabel Gonzalez, Ghanaian authorities must dedicate serious attention to … Read more
African political leaders have been urged to move quickly on the continental free trade area (CFTA) negotiations. Mr. Anthony Nyame-Baafi, Director of Multilateral, Regional and Bilateral Trade at the Ministry of Trade and Industry, said this was vital because the benefits would be tremendous. He indicated that it was going to stimulate private sector growth … Read more
It has been said that little boys are seen and not heard so it is not surprising to find fewer people reading this because it emanates from the pen of an undergraduate student who just voted for the first time. Be that as it may, there are those with grey hairs who get everyone to … Read more
Ghana’s President, Nana Addo Dankwa Akufo-Addo, on Tuesday January 10, announced the first batch of 13 people to fill various ministerial positions pending parliamentary approval. While announcing his nominees at the Flagstaff House, Akufo-Addo further urged the Speaker of Parliament, Professor Aaron Mike Oquaye, to expedite the approval of his appointees to enable government to … Read more
Ghana’s President, Nana Addo Dankwa Akufo-Addo, on Tuesday January 10, announced the first batch of 13 people to fill various ministerial positions pending parliamentary approval. While announcing his nominees at the Flagstaff House, Akufo-Addo further urged the Speaker of Parliament, Professor Aaron Mike Oquaye, to expedite the approval of his appointees to enable government to … Read more
Ghana’s President, Nana Addo Dankwa Akufo-Addo, on Tuesday January 10, announced the first batch of 13 people to fill various ministerial positions pending parliamentary approval. While announcing his nominees at the Flagstaff House, Akufo-Addo further urged the Speaker of Parliament, Professor Aaron Mike Oquaye, to expedite the approval of his appointees to enable government to … Read more
President Akufo-Addo on the second day of work in office announced to the public, the first batch of his ministerial appointees. Names of the 13-appointee designates mostly consisting of ministers under the Erstwhile Kuffuor government have been presented before Parliament for vetting and approval. The President expressed confidence in his choice of appointees, indicating that … Read more
When billionaire investor Wilbur Ross salvaged two North Carolina textile mills from bankruptcy in 2003 and 2004, one of the first things he did was head to Washington to immerse himself in trade law and policy. China’s accession to the World Trade Organization had unleashed a flood of textile imports across U. S. borders, and … Read more