US Chamber: Biden too fixated on market concentration, slow on trade

Cars and trucks moving on major freeway interchanges.

Federal officials are undermining the market dynamism that allowed American businesses to flourish during the pandemic by overreaching on to curb the power of big companies and underachieving on trade policies that would open up new markets, U.S. Chamber of Commerce President Suzanne Clark said Tuesday. 

One of the business group’s top priorities this year, she said in her first “State of Business” address, will be to thwart the Biden administration and lawmakers from pursuing heavy-handed...

https://www.freightwaves.com/news/us-chamber-biden-too-fixated-on-market-concentration-slow-on-trade

Cross-Pacific free trade agreement enters into force

Pacific ocean and countries – supplied – credit Google Maps

PACER Plus, the Australia/New Zealand/Pacific Islands free trade agreement has entered into force.

Minister for Trade, Tourism and Investment, Simon Birmingham said PACER Plus was a major step in strengthening Australia’s relationship with our Pacific partners and would play a valuable role in supporting recovery in the region from COVID-19.

“This trade deal ensures greater market access and lower tariffs across a range of products which...

https://shippingaustralia.com.au/cross-pacific-free-trade-agreement-enters-into-force/

Nigeria to gain from intra-Africa free trade

Nigeria, Africa’s largest economy, on Sunday, July 7, signed the African Continental Free Trade Area (AfCTFA) agreement, a deal expected to improve intra-African trade, enhance economic growth and sustainable development.

Nigeria, together with Benin, signed the agreement on the margins of an extraordinary summit of the African Union (AU) in Niamey, the capital of Niger, where the operational instruments of the agreement establishing AfCFTA were launched.

Ahead of the summit, the Nigerian...

https://container-news.com/nigeria-gain-intra-africa-trade/