On Jan. 15, President Trump and Chinese Vice Premier Liu He signed the Phase One trade agreement between the U.S. and China consisting of seven chapters on intellectual property rights, technology transfer, food and agricultural products, financial services, exchange rate matters and transparency, expanding trade, and bilateral evaluation and dispute resolution procedures. The…
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Global Retail Intelligence – January
January 22 – Kaufland to Exit AustraliaSchwarz Group’s Kaufland, with about current 200 employees in Australia and a plan to open 14 stores in Victoria and land purchased in other sites has decided to pull out of the country, indicating that it will continue to focus on core markets in Europe. From Yahoo Finance January 22 – Amazon Australia Launches New Delivery…
CONTINUE READINGTrade and Tariff Developments for 2020
Significant progress has been made with regard to the issue of tariffs in the trade dispute between the United States and China. The USTR announced on Dec. 13, 2019, the completion of a Phase One trade agreement with China. U.S. tariffs on List-4B products that were subject to 15% duties set to commence on Dec. 15, 2019, were cancelled, and tariffs on List 4A products…
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