US goods trade deficit surges to 2-1/2-year high on jump in imports
The U.S. trade deficit in goods widened to a 2-1/2-year high in September amid a surge in imports, prompting some economists to trim their economic…
What happens as EU concludes investigation of Chinese-made EVs?
The European Union formally approved imposing tariffs on Chinese-made electric vehicles (EVs) on Tuesday after an investigation that has divided the bloc and prompted retaliation…
EU slaps tariffs on Chinese EVs, risking Beijing payback
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation…
US, Taiwan to begin talks on double taxation deal, says Treasury Dept
The United States and Taiwan will begin negotiations in the coming weeks to work on an agreement to address double taxation issues, the U.S. State…
U.S. senators urge overhaul of customs program to stop fentanyl chemical smuggling
Prominent U.S. Democratic senators on Tuesday called on the Biden administration to crack down on a popular duty-free customs program after Reuters reporting revealed how…
US goods trade deficit widens sharply in September on imports
The U.S. trade deficit in goods widened sharply in September amid a surge in imports, suggesting that trade remained a drag on economic growth in…
Mexico raises concerns about US plan to bar Chinese vehicle software, hardware
The Mexican government on Monday raised concerns about the Biden administration's proposal to prohibit key Chinese software and hardware in connected vehicles on American roads…
Apple iPhone 16 sales blocked in Indonesia due to local parts rule
Tech giant Apple Inc will not be allowed to sell its iPhone 16 smartphones in Indonesia because they have not met the country's rules on…
TSMC suspended shipments to China firm after chip found on Huawei processor, sources say
Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to…
Mood in German export sector darkens further in October, survey shows
The mood in Germany's export industry darkened further in October, with the automotive and metal sectors anticipating the heaviest losses in international trade, according to…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
