UK registers highest E-Commerce spending at 30% in 2021
The world economy is still reeling from the effects of the pandemic. However, the e-Commerce industry worldwide has reaped benefits due to the COVID pandemic.…
45% of fraud attacks worldwide abuse brand names
While more internet users are becoming aware of suspicious emails and malicious links, attackers are sophisticating fraud attacks, making them harder to recognize.
USTR joins other Federal agencies in issuing business advisory on Burma following military coup
The United States Departments of Commerce, Homeland Security, Labor, State, the Treasury, and the Office of the U.S. Trade Representative (USTR) today issued a Burma…
US goods-trade gap widens to fresh record as imports jump
The U.S. merchandise-trade deficit unexpectedly widened in December to a fresh record as imports continued to rise, outpacing shipments overseas.
WTO grants China a $645 million tariff weapon against the US
The World Trade Organization granted Beijing a new tariff weapon against the U.S. during a politically sensitive moment for the Biden administration -- almost a…
Biden says Putin at risk of personal sanctions over Ukraine
President Joe Biden said he would consider personally sanctioning Vladimir Putin if he orders an invasion of Ukraine, escalating the U.S. effort to deter the…
Germany sought energy exemption in Russia finance sanctions
The German government has pushed for an exemption for the energy sector if there is a move to block Russian banks from clearing U.S. dollar…
US Treasury’s no. 2 official says Russia sanctions ‘at the ready’
Deputy Treasury Secretary Wally Adeyemo said the U.S. and its European allies have economic sanctions “at the ready” in case Russian troops invade Ukraine.
IDFA, Port of Los Angeles and CMA CGM form joint initiative to advance US dairy exports
The International Dairy Foods Association (IDFA), the Port of Los Angeles, and CMA CGM — a world leader in shipping and logistics — announced today…
Retail returns increased to $761 billion in 2021 as a result of overall sales growth
Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National…
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