LONDON (AP) — Britain's international trade minister says it's likely the U.K. will fail to agree upon a divorce deal with the European Union before it leaves the bloc in March — the latest in a growing chorus of warnings that the negotiations are in crisis.
Nervousness in Latin America about rising protectionist sentiment could help New Zealand to secure a better trade deal as the region's countries look towards the Asia-Pacific, Trade and Export Growth Minister David Parker says.
The value of annual imports rose $374 million more than exports, pushing the June 2018 annual trade deficit to $4.0 billion, Stats NZ said today. This is the largest trade deficit for a June year in a decade.
Former foreign ministers and secretaries of state, including New Zealand's Sir Don McKinnon have written to US President Donald Trump warning him about his "deteriorating relationship" with his allies.