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Chinese President Xi Jinping and U.S. President Donald Trump put their bilateral trade war on pause momentarily, striking an agreement to hold off on slapping additional tariffs on each other's goods after January 1, as talks continue between both countries.

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President Trump says it’s “highly unlikely” he’ll back off his plan to bump up tariffs on $200 billion in Chinese imports to 25 percent in January and could even slap duties on popular products such as Apple iPhones and laptops.

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Indonesia has wrapped up negotiations for a free trade and investment pact with members of the four-nation European Free Trade Association, and a final agreement is due to be signed in December, Indonesia’s trade minister said.

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On October 19, 2018, the European Union (EU) and the Republic of Singapore signed a free trade pact – the EU-Singapore Free Trade Agreement (EUSFTA) – to deepen the economic relations between the two regions.

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Chile and Brazil have signed a free trade agreement that scraps red tape and tariffs between the two South American economies, in a move both governments said would give a boost to regional integration.

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This step reinforces existing commitments by both countries to begin negotiations for a future free trade deal after the UK has left the EU.

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It is critical to enhance the awareness of businesses about non-tariff measures and build the capacity to tackle invisible trade barriers, experts have said.

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Foreign-invested companies in the southern region are speeding up investments and preparing for opportunities as Vietnam is poised to join the Comprehensive and Progressive Agreement for Tran-Pacific Partnership (CPTPP).

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The first FTA concluded between the EU and an ASEAN country has finally been concluded.

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Asia-Pacific leaders failed to agree on a communique at a summit in Papua New Guinea on Sunday for the first time in their history as deep divisions between the United States and China over trade and investment stymied cooperation.

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