Latest news with #agreements
CTV News
11 hours ago
- Politics
- CTV News
Canada's leaders talking tariffs and trade in Ontario cottage country
Calgary Watch The PM says his focus is still on getting the best deal for Canadians out of the U.S. Meantime, some provinces have taken the agreements upon themselves.
Yahoo
2 days ago
- Business
- Yahoo
US not rushing trade deals ahead of August deadline, will talk with China, Bessent says
WASHINGTON (Reuters) -The Trump administration is more concerned with the quality of trade agreements rather than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an Aug. 1 deadline for securing a trade deal or facing steep tariffs. "We're not going to rush for the sake of doing deals," Bessent told CNBC in an interview. Asked whether the deadline could be extended for countries engaged in productive talks with Washington, Bessent said U.S. President Donald Trump would decide. "We'll see what the president wants to do. But again, if we somehow boomerang back to the August 1 tariff, I would think that a higher tariff level will put more pressure on those countries to come with better agreements," he said. On China, Bessent said there would be "talks in the very near future." "I think trade is in a good place and, I think, now we can start talking about other things. The Chinese unfortunately ... are very large purchasers of sanctioned Iranian oil, sanctioned Russian oil," he said. "We could also discuss the elephant in the room, which is this great rebalancing that the Chinese need to do." Bessent told CNBC he would encourage Europe to follow the United States if it implements secondary tariffs on Russia. On Japan, Bessent said the administration was less concerned with its domestic politics than with getting the best deal for Americans. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
2 days ago
- Business
- Reuters
US not rushing trade deals ahead of August deadline, will talk with China, Bessent says
WASHINGTON, July 21 (Reuters) - The Trump administration is more concerned with the quality of trade agreements rather than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an Aug. 1 deadline for securing a trade deal or facing steep tariffs. "We're not going to rush for the sake of doing deals," Bessent told CNBC in an interview. Asked whether the deadline could be extended for countries engaged in productive talks with Washington, Bessent said U.S. President Donald Trump would decide. "We'll see what the president wants to do. But again, if we somehow boomerang back to the August 1 tariff, I would think that a higher tariff level will put more pressure on those countries to come with better agreements," he said. On China, Bessent said there would be "talks in the very near future." "I think trade is in a good place and, I think, now we can start talking about other things. The Chinese unfortunately ... are very large purchasers of sanctioned Iranian oil, sanctioned Russian oil," he said. "We could also discuss the elephant in the room, which is this great rebalancing that the Chinese need to do." Bessent told CNBC he would encourage Europe to follow the United States if it implements secondary tariffs on Russia. On Japan, Bessent said the administration was less concerned with its domestic politics than with getting the best deal for Americans.
Emirates 24/7
6 days ago
- Business
- Emirates 24/7
UAE, Turkish Presidents witness exchange of agreements, memoranda of understanding
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Recep Tayyip Erdoğan, President of the Republic of Türkiye, today witnessed the exchange of several agreements and memoranda of understanding between the UAE and Türkiye. Exchanged during His Highness the UAE President's state visit to Türkiye, the agreements aim to expand cooperation, reflecting the two countries' shared commitment to further advancing bilateral relations across various sectors. The agreements and memoranda include: – Agreement on the mutual protection of classified information – MoU on the establishment of a joint consular committee – MoU on investment in food and agriculture – MoU on investment cooperation in the pharmaceutical industry – MoU on investment in tourism and hospitality – MoU on investment cooperation in the industrial sector – MoU on cooperation in polar research The agreements and memoranda were exchanged during a formal ceremony held at the Presidential Palace in Ankara. From the UAE side, the agreements were exchanged by: – His Excellency Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology – His Excellency Mohamed Hassan Alsuwaidi, Minister of Investment – His Excellency Mohamed Mubarak Al Mazrouei, Minister of State for Defence Affairs – His Excellency Khalifa Shaheen Al Marar, Minister of State From the Turkish side, the agreements were exchanged by: – His Excellency Yaşar Güler, Minister of National Defence – His Excellency Nuh Yılmaz, Deputy Minister of Foreign Affairs – His Excellency Ahmet Burak Dağlıoğlu, President of the Investment Office of the Presidency of the Republic of Türkiye – His Excellency Mehmet Fatih Kacır, Minister of Industry and Technology
Arab News
7 days ago
- Business
- Arab News
Presidents of UAE and Turkiye witness signing of agreements to strengthen ties
LONDON: The president of the UAE, Sheikh Mohammed bin Zayed Al-Nahyan, and his Turkish counterpart, Recep Tayyip Erdogan, witnessed on Wednesday the signing of several agreements and memorandums of understanding between their countries. The aim of the deals, finalized during Sheikh Mohammed's state visit to Turkiye, is to expand cooperation, and they reflect the shared commitment of both nations to the advancement of ties across various sectors, officials said. The agreements covered a number of key areas, including: mutual protection of classified information; the establishment of a joint consular committee; investments in food and agriculture, the pharmaceutical industry, and tourism and hospitality; and cooperation in the industrial sector and polar research. They were signed during a formal ceremony at the Presidential Palace in Ankara by Emirati and Turkish ministers responsible for the industrial, trade, investment and technology sectors.
