UCF Global Perspectives

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Tag Archives: trade

Trump Proposes Steel and Aluminum Tariffs

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On Thursday, U.S. President Donald Trump is expected to sign an order imposing tariffs on steel and aluminum imports, further weakening the long-standing international free trade system. Trump announced the tariffs last week, promising to levy a 25% rate on imported steel and a 10% rate on imported aluminum. The Commerce Department recommended the protectionist […]

Chinese, Sri Lankan Ministers in Free Trade Talks

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On Tuesday, Sri Lankan Foreign Minister Tilak Marapana announced in a Beijing reception that a free trade agreement with the Chinese government is nearing completion (Reuters 1). The reception, at which Marapana praised Chinese support of the Sri Lankan economy, marked the 60th anniversary of diplomatic ties between China and Sri Lanka. This trade agreement […]

Future of US-South Korea Trade Deal Uncertain

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American President Donald Trump’s economic advisers are divided over the United States-Korea Free Trade Agreement (KORUS) in light of the growing North Korean nuclear threat. Two senior administration officials reported on Saturday that Trump may withdraw the US from the five-year-old trade agreement with South Korea (NYT). Advocates of withdrawal called KORUS unfair, while other […]