The administration said it would pursue similar deals with other countries that have not yet locked in trade agreements with the US to correct a longstanding gripe Trump has had with wealthy European nations that he says pay too little for medicines.
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Indonesia resists attempts Donald Trump to force it to accept the so-called "poison pill" and other coercive provisions in a trade agreement with the US. The refusal calls into question America's efforts to counter China's influence in Southeast Asia, writes Financial Times.
Tun Dr Mahathir Mohamad has lodged a police report against Malaysia’s Prime Minister Anwar Ibrahim regarding the Reciprocal Trade Agreement (ART) between Malaysia and the United States.
This bill, titled the AGOA Extension and Bilateral Engagement Act, was tabled at the end of September and aims to extend the AGOA for two additional years. However, nestled within the legislation is a stipulation that explicitly excludes South Africa from participating in this crucial economic programme.
The United States announced a deal with Britain for zero tariffs on pharmaceutical products and medical technology which will lead to Britain spending more on medicines.
South Africa's trade minister said on Sunday that he expected negotiations with the U.S. over a trade deal would continue, despite differences between the two countries over this weekend's Group of 20 summit in Johannesburg.