Jul 31, 2018

Italy's new government wants to reject the EU-Canada trade deal

Italian Prime Minister Giuseppe Conte. Photo: Simona Granati - Corbis/Corbis via Getty Images

Italy’s new anti-establishment government has threatened to reject a trade deal between the European Union and Canada, which went into partial effect last year and eliminated tariffs on many products, reports the Wall Street Journal.

The details: Reuters reports that associations and critics in the EU are concerned about rising agricultural imports from Canada. All 28 EU member states must confirm the agreement to make it permanent. The two-month-old Italian populist government has not set a date to determine its fate.

Go deeper

Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

Go deeperArrowUpdated 5 hours ago - Health

SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.

Axios Dashboard

Keep up with breaking news throughout the day — sign up for our alerts.