Brazil finance chief bails on Mercosur to focus on budget talks
Brazil Finance Minister Fernando Haddad will skip this week’s Mercosur summit in Rio de Janeiro, prioritizing negotiations in congress to raise tax revenue over trade…
Nvidia sees Huawei as formidable AI chipmaking rival, CEO says
Huawei Technologies Co. is among a field of “very formidable” competitors to Nvidia Corp. in the race to produce the best AI chips, according to…
Europe faces coffee shortage as deforestation rules lack clarity
The European Union is facing the prospect of a coffee shortage in 2025 as the market grapples with a lack of clarity around the implementation…
EU proposes three-year delay before EV tariffs hit UK trade
The European Union proposed delaying by three years tariffs on electric vehicles traded with the UK that are set to kick in on Jan. 1,…
Coffee lovers to endure more pain as Vietnam’s crop to fall
The world may get even less coffee from Vietnam, the biggest grower of the robusta variety used in instant drinks and espressos, as a smaller…
India, UK seek to wrap up trade talks before busy election year
India and the UK have begun crunch-time talks to secure a landmark free-trade deal, as leaders on both sides seek to resolve outstanding issues before…
EU set to propose three-year delay to tariffs on UK EV trade
The European Commission is set to recommend delaying tariffs on electric vehicles traded with the UK by three years, according to people familiar with the…
US slaps sanctions against officials from three African nations
The US issued a raft of sanctions including visa bans and asset freezes against several African officials from Sudan, Uganda and Zimbabwe, accusing them of…
US sets limits on Chinese content to receive EV tax credits
The Biden administration released long-awaited rules designed to block electric-vehicle manufacturers from sourcing battery materials from China and other foreign adversaries, while giving automakers some…
USDA Under Secretary Taylor to lead trade mission to the Republic of Korea
U.S. exporters can now apply to participate in South Korea trade mission.
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