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European Union

UK Official Predicts a Protracted Brexit Trade Negotiation

Once it’s officially initiated, Brexit will take two years to complete. Coming to an agreement on a new trade…

Inditex Tax Structure Attacked in Brussels

Green Party deputies called out "aggressive tax avoidance" by the Zara group.

EU and Canada Sign Free Trade Deal, Hopes Higher for TTIP

After a bit of a setback from Belgium, the European Union and Canada have signed a free trade agreement that…

USTR: UK-US Trade Talks Impossible Until Brexit Sorted

Until the U.K. figures out what its post-Brexit relationship with the EU will be, talks about a trade deal…

Fashion Sales Up at John Lewis but Uncertainty Abounds

Britain's vote to break up with the European Union had little impact on first-half sales at John Lewis and…

U.K. Consumer Confidence Hits 12-Month Low Following Brexit Vote

Britain's Verdict Retail has published figures for June.

NGOs Criticize European Commission Ban on CMR Substances in Textiles

A proposal by European Union officials to restrict nearly 300 substances classified as carcinogenic…

Moody’s Unveils Gloomy Forecasts for U.K., EU

The Brexit vote will continue to have a major impact in the coming months.

Brexit Impacts Chinese Tourism

Chinese travelers are seen taking advantage of a weak pound in the wake of the Brexit vote to book trips to…

New EU Trade Pact Gives Duty Free Access to Six African Nations

After 12 years of talks, the European Union and six southern African countries will sign a trade agreement…

U.S. Senators Urge EU Not to Grant China Market Economy Status

Senators dispute whether there is a looming deadline for WTO members to treat China as a market economy.

EU Trash-2-Cash Project Aims at Recycling Textile Waste

More than 3 million tons of textiles are thrown away in the EU every year, a growing problem that…

U.S., EU Remain Committed to Completing T-TIP This Year

U.S., EU negotiators cite progress in talks on tariff elimination, regulatory harmony and customs and trade…

India Loses Major Market Share to Pakistan Over EU GSP

In the last two years, Pakistan's Generalized System of Preferences (GSP) Plus trade status with the European…

Currency Helps Boost EU Textile and Clothing Trade in 2015

Textile and clothing exports from the European Union grew 3.6% last year, thanks at least in part to a…