Local Production in Venezuela Triple the Price of Imports

Producing items in Venezuela is three times more expensive than manufacturing them, according to a report this week from the Venezuelan Confederation of Industrialists (Confindustria). The cost of production versus importation is reflected in shops and factories across the crisis-stricken country, most of which have been filled with imported products as it is more cost-effective. This […]

Trump says China-US trade deal could wait until after 2020 election | Business

Donald Trump has warned that a trade deal with China could be more than a year away in comments that sent shares in Britain’s top 100 companies and US stock markets tumbling. Speaking at the Nato summit in London, the US president said the US was doing “very well” from the trade war and he […]