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UK to introduce climate levy on steel imports starting 2027
The UK will introduce a carbon border tax in 2027 for imports of emissions-intensive goods from countries deemed to have weaker climate rules, following a…
EU set to extend grace period for some Russian steel imports
European Union member states are set to agree to a four year extension of a grace period for sales of some types of Russian steel…
Singapore exports swing to growth first time in 14 months
Singapore’s exports returned to growth for the first time in more than a year, although it was hardly a sign of recovery in external demand.
Australia export revenue to tumble as iron ore, coal prices drop
Australia’s commodity export earnings are set to contract over the next couple of years as the prices of iron ore, liquefied natural gas and coal…
Australia says China’s wine tariffs could end early next year
The crippling tariffs that China’s government imposed on Australian wine exports almost three years ago could be lifted shortly, Australia’s trade minister Don Farrell said…
Argentina’s economy grew during election cycle with export gains
Argentina’s economy expanded in the third quarter amid a volatile election cycle as exports, capital investment and consumer spending picked up while imports slowed due…
Readout of Secretary Raimondo’s Meeting with Brazil’s Minister of Foreign Relations Mauro Vieira
Yesterday, Secretary Gina M. Raimondo met with Brazilian Minister of Foreign Relations Mauro Vieira to discuss the importance of the U.S.-Brazil bilateral and commercial relationship…
Borrowers In North America face a cluster of stresses
Credit stresses are growing, and borrowers will need to adjust to a new playing field in which financing conditions could become even tighter; near-term relief…
India’s November trade gap narrowed as imports fell
India’s trade deficit narrowed in November from a record high the previous month, as imports fell after demand slowed following the festive season.
Trump’s 10% import tariff would crush trade, LA Port Chief says
A 10% tariff on all US imports, as proposed by former President Donald Trump, would throttle a key part of the economy reliant upon trade,…