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US trade chief to engage with China on trade-deal shortfalls

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Bloomberg The Biden administration will directly engage with Beijing in the coming days to enforce commitments in their trade deal and start a new process to exclude certain products from US tariffs in an effort to help American workers and businesses, senior administration officials said. US Trade Representative Katherine Tai is set to speak to Chinese Vice Premier Liu He ...

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Kishida elected as Japan’s PM

Japanese prime minister fumi kishida presser in tokyo

Bloomberg Japan’s Fumio Kishida was appointed prime minister by parliament on Monday, and is set to reveal a new cabinet lineup as he seeks to revive support for his ruling party ahead of a general election that could likely come this month. The ruling Liberal Democratic Party (LDP) used its majority to formally elect Kishida, who will be the second ...

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UK set to scrap $107 billion lifeline for poorest families

Coronavirus restrictions were lifted in england

Bloomberg The UK government is ending two of its pandemic-era safety net programs that pumped almost 80 billion pounds ($107 billion) into the economy, a move that campaigners say will leave more working families in poverty and widen the gap between the rich and the poor. Over the next week, furlough support for wages that helped 8.9 million workers at ...

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