Trade is booming within the European Union. The exchange of goods among the member states is flourishing on the EU's internal market. But there are worries about trade relations outside the EU. US President Donald Trump is putting the EU under pressure with punitive duties. Also, Europe likewise faces major challenges in structuring its trade relations with Britain after the British withdrawal from the EU.
Trade
Internal market flourishes, but protectionism looms
EU, China to hold talks on stalled investment deal
Chancellor Angela Merkel representing Germany, which currently holds the rotating EU presidency, is
to negotiate with Chinese President Xi Jinping as part of high-level talks concerning an investment deal between Beijing and the European Union.
Aviation, autos and other virus victims
What has been the impact of the coronavirus pandemic on the aviation, retail and automobile sectors? A recap of some major casualties amid layoffs, bankruptcies and rescue plans
UK’s controversial new Brexit powers law explained
The UK government is set for showdown talks with the EU after unveiling a new bill that will override parts of the divorce deal it signed with the bloc last year - the new bill explained
Spectre of no-deal Brexit returns to haunt virus-hit UK
The prospect of a no-deal Brexit looms again in Britain, stoking fears of a painful double whammy for an economy already on its knees due to the deadly coronavirus outbreak
Virus lockdowns give major boost to e-commerce
While large traditional retailers announce big lay-offs because of the pandemic, the coronavirus lockdowns have given e-commerce a major boost as consumers shift to shopping online
EU curbs on Cambodian trade privileges come into effect
The European Union has decided to partially suspend Cambodia from its trade privileges due to human rights violations. This will in turn affect the country's economy in a negative way.