News | Latest Breaking News Stories & Headlines

The Stena Estrid will operate on the new weekend Dublin-Cherbourg route

Stena adds Dublin-Cherbourg route to meet Brexit demand

Ferry operator Stena Line is to further increase its freight capacity direct from Ireland to continental Europe in response to increased post-Brexit demand by adding a new weekend sailing from Dublin to Cherbourg.

Business • 16 Jan 21

FTAI says full impact of Brexit has still to be felt (pic: RollingNews.ie)

Freight group warns Taoiseach over trade disruption

The Irish Freight Transport Association has written to the Taoiseach warning of huge disruption in the coming weeks as the impact of Brexit fully takes hold of trade between Ireland, the UK and Europe.

Ireland • 15 Jan 21

US lobster exports are included in the deal

US and EU agree limited trade deal

US lobster exports will enter Europe tariff-free, as Washington and Brussels announced a limited trade deal that will be seen as a first result in efforts to de-escalate trade tensions.

Business • 21 Aug 20

US-China relations have become increasingly tense in recent weeks after Donald Trump announced a ban on TikTok and WeChat

China calls for end 'restrictive' US trade stance

China hopes the United States will stop taking restrictive and discriminatory action against Chinese firms and create conditions for the implementation of a Phase 1 trade deal, assistant minister of commerce Ren Hongbin has said.

Business • 13 Aug 20

The UK left the EU on 31 January but a transition period continues until the end of the year

Minimal progress in EU-UK trade negotiations

The EU and the UK's chief negotiators have both cast doubt on a free trade agreement being concluded by the end of this year, following the latest round of negotiations.

Brexit • 15 May 20

Roberto Azevedo said his early resignation was not health-related - nor was he planning on seeking any political opportunities

WTO chief Azevêdo to step down one year early

The head of the World Trade Organisation has said he will step down on 31st August, a year before his term ends, insisting an early change of leadership would help the body face "new post-COVID realities".

Business • 14 May 20

The new scheme will be aimed at the manufacturing and internationally traded sectors

New €200m enterprise support scheme due next week

The Government is expected to announce details of a new €200m scheme of enterprise supports for businesses suffering as a result of the Covid-19 pandemic early next week.

Business • 04 Apr 20

US President Donald Trump has spent much of his current term in a trade dispute with China

Trump economist acknowledges impact of trade battles

A slowdown in US growth last year was at least partly the fault of US president Donald Trump's global trade battles and the resulting hit to business investment, the administration's top economist has said in an outlook for the coming years.

Business • 20 Feb 20

Brexit is the UK's biggest geopolitical move in more than 40 years

Brexit - What changes and what stays the same?

What will change and what will stay the same now that Britain has officially left the European Union?

Business • 31 Jan 20

Phil Hogan said there are no winners in a trade war and that the imposition of tariffs doesn't benefit anyone

EU trying to reset trading relationship with US - Hogan

The European Trade Commissioner Phil Hogan has said the EU is trying to reset its trading relationship with the US.

Business • 16 Jan 20

China's top negotiator, vice premier Liu He, and US President Donald Trump signed the trade deal in the White House

US, China announce 'Phase 1' trade deal

The United States and China have announced an initial trade deal that will roll back some tariffs and boost Chinese purchases of US goods and services, defusing an 18-month conflict between the world's two largest economies.

Business • 15 Jan 20

China, which became a member of the WTO only in 2001, has gained $86 billion from membership

US and China biggest WTO winners - study

Membership of the World Trade Organization has benefitted the US and China more than any other nations, a study published today has found, as the two powers seek to defuse a months-long trade conflict.

Business • 30 Dec 19

Retail Excellence says Christmas sales this year to be marginally ahead of last year

Christmas trade to grow by 1-2% - Retail Excellence

The last five days to Christmas Eve have traded well, in what is a "full employment" economy, according to Retail Excellence.

Business • 24 Dec 19

The agreement is the first significant progress made in the long-running trade dispute

US and China agree to 'phase one' trade deal

US President Donald Trump and Chinese officials said that they have agreed to a "phase one" trade deal that included cutting US tariffs on Chinese goods.

Business • 13 Dec 19

AP Moller-Maersk is the world's biggest container shipper

Maersk sees slight pick up in container traffic in 2020

Shipping group AP Moller-Maersk sees scope for a slight pick up in global seaborne container traffic in 2020 compared with this year, with ongoing trade tensions limiting the chances of stronger growth.

Business • 15 Nov 19

Irish companies are looking increasingly at France and Germany as trading partners, but also further afield to North America, Latin America and Asian markets

Brexit impacting trade flows but not tariffs

The UK's importance as a trading partner for Ireland has declined significantly, according to research carried out by HSBC Bank.

Business • 05 Nov 19

The two sides are working to try to agree on a text for a "Phase 1" trade agreement announced by US President Donald Trump on 11 October

US, China close to finalising part of trade agreement

The United States and China are close to finalising some sections of a trade agreement after a phone call between top negotiators, the US Trade Representative's office has said.

Business • 25 Oct 19

The International Monetary Fund's chief economist Gita Gopinath

IMF warns global outlook remains 'precarious'

The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war undercuts business confidence and investment, the IMF said today.

Business • 15 Oct 19

The Japan focused campaign aims to promote Ireland as a great place to trade with, to invest in, as a place to study and to visit on holiday

Irish trade, food attractions in Japan focused campaign

A new, Japan-focused promotional campaign for Ireland has been launched to coincide with the Rugby World Cup.

Business • 19 Sep 19

The US has hit the European Union with tariffs and threatened more in complaint over the trade balance

EU goods trade gaps with US and China widen

The European Union's trade surplus in goods with the US and its deficit with China both increased in the first five months of 2019, figures that could add extra strain to global tensions.

Business • 16 Jul 19

President Trump has been holding a series of meetings on the sidelines of the G20 with world leaders

Trade top priority for Trump as G20 gets underway

US President Donald Trump has made clear that trade is his top priority at a summit of leaders of Group of 20 nations, as China's Xi Jinping warned against rising protectionism and India, Japan and Russia defended multilateral trade rules.

Business • 28 Jun 19

Participants attend prior to a G20 meeting in Fukuoka, Japan

Trade tensions have 'intensified' - G20 finance chiefs

Group of 20 finance leaders said today that trade and geopolitical tensions have "intensified" but failed to express a pressing need to resolve them, in a final draft communiqué that said global growth is likely to pick up.

World • 09 Jun 19

China yesterday raised tariffs on $60 billion of US goods in retaliation for President Donald Trump's latest move

Tariff wars - duties imposed by US & its trade partners

China yesterday raised tariffs on $60 billion of US goods in retaliation for President Donald Trump's decision to increase tariffs on $200 billion worth of Chinese imports last week, escalating the trade war between the world's two largest economies.

Business • 14 May 19