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US import prices remain tame in December
U.S. import prices barely rose for a third straight month in December as a surge in the costs of fuels ad foods was offset by…
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Bessent: Carbon tariffs could be part of an overall tariff program
President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is interested in potentially enacting tariffs on carbon emissions.
World Bank warns that US tariffs could reduce global growth outlook
The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic growth of 2.7% in 2025 by 0.3…
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US imposing new export controls on biotech equipment over China concerns
The U.S. Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related technology because of national security concerns tied to…
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US blacklists company that ordered TSMC chip found in Huawei processor
President Joe Biden's administration added more than two dozen Chinese entities to its restricted trade list on Wednesday, including a company whose TSMC-made chip was…
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US importers rush in goods from China as Trump tariff threat looms
U.S. imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan…
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Brazilian meatpacker JBS says net-zero emissions pledge was ‘never a promise’
The world's largest meatpacker, JBS, became in 2021 the first of its peers to commit to cutting or offsetting all its emissions by 2040, and…
United States and Norway issue innovative report creating greater transparency in critical mineral supply chains
Today, the U.S. Department of Commerce and the Norwegian Ministry of Trade, Industry, and Fisheries issued a thorough, innovative report presenting our shared understanding of…
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Brazil orange juice exports volume falls 20% from July to December
Brazil's exports of orange juice fell 19.7% in the first six months of the 2024/25 crop when compared to the same period in the previous…
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Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a…