US trade plummeted in March with record drop in exports
U.S. exports of goods and services plunged in March by a record and imports declined by the most in 11 years as the coronavirus pandemic…
Canadian trade gap widens in March on falling oil, auto exports
Canadian exports plunged 4.7% in March to a more than two-year low as oil prices collapsed and the coronavirus pandemic shut down economies across the…
Food panic recedes for now as nations row back export curbs
The wave of protectionist measures on agricultural goods that emerged as the coronavirus spread around the world has already begun to recede.
US targets expiring Iran arms embargo at eisk of angry allies
The Trump administration is escalating tensions with allies as it seeks to renew a UN arms embargo on Iran that’s set to expire this year,…
Palm oil imports by no. 1 buyer seen tumbling to nine-year low
Palm oil purchases by India will probably plummet to the lowest level in nine years as the closing of restaurants and hotels to contain the…
Tariff bomb is back to cast doubt on Asia rebound
Investors and analysts are still scrambling to update their models to factor in a collapse in earnings and a barrage of terrible economic data. Now,…
India pledges easy access to land for factories leaving China
India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to people with the knowledge…
Tampa FTZ announces COVID-19 application fee waiver and third-party FTZ service provider annual fee deferral programs
The Tampa Bay/I-4 Corridor Foreign-Trade Zone (TB/I-4 FTZ) project announces the establishment two new programs –the COVID-19 Application Fee Waiver Program and the Third-Party FTZ…
GE to Slash 13,000 Jobs in Aviation Amid Air Travel Plunge
General Electric Co. will cut about 13,000 jobs from its jet-engine operation, in the latest sign of the devastating impact of the coronavirus outbreak on…
Asia’s Factories Plunge to Record Lows as Global Lockdowns Hurt
Factory output across several Asian countries slumped to record lows in April, signaling a deeper contraction in the world’s manufacturing hub even as China begins…
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