Raimondo, IPEF Ministers welcome progress at Indo-Pacific Economic Framework for Prosperity (IPEF)
Today, U.S. Secretary of Commerce Gina Raimondo joined Thai Deputy Prime Minister and Foreign Minister Parnpree Bahiddha-Nukara along with the ministers from the 12 other…
Record influx of US Crude hits day-to-day oil markets in Europe
Physical oil markets in Europe are weakening — quashing a rally — as a gush of crude imports from the US head toward a region…
S&P Global: European defaults help push global corporate default tally to fastest pace since 2009
An elevated number of defaults in Europe has helped boost S&P Global Ratings' 2024 global corporate default tally to 29, its highest year-to-date total since…
EU’s Forest Rules Start to Reshape Palm Oil Trade, Report Shows
Europe’s incoming forest-protection rules are shaking up trade in palm oil, threatening to stall the fight against deforestation and risking high prices for European consumers,…
China Goods Flood Into Mexico, Making It Top Global Trade Route
Global goods trade is struggling to accelerate in most corners of the world economy this year — with one big exception: Chinese goods flowing into…
China proposes end to punitive wine tariffs, Australia says
Australian vintners and lawmakers said China proposed lifting punitive tariffs on the nation’s wine, signaling the end is near to a three-year trade dispute as…
Sunak and Modi recommit to UK-India trade deal ahead of elections loom
The UK and India’s prime ministers reaffirmed their commitment to completing a free trade agreement, just days after the latest round of negotiations looked set…
January 2024 Freight TSI Down 3.1%
January 2024 Freight Transportation Services Index (TSI) Down 3.1% from the Previous Month and Down 2.0% from the Same Month Last Year
Biden eyes Chinese shipbuilding subsidies as tensions simmer
US President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders, as…
UK signs trade pact with Texas in effort to boost green industry
The UK has signed a new trade pact with Texas, the second-largest state in the US, in an effort to boost cooperation in green energy,…
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