US trade deficit narrowed last year by the most since 2009
The US trade deficit narrowed last year by the most since 2009 as the value of imported goods declined and the services surplus increased.
U.S. Commerce Secretary Raimondo announces key executive leadership at U.S. AI Safety Institute
U.S. Secretary of Commerce Gina Raimondo announced today key members of the executive leadership team to lead the U.S. AI Safety Institute (AISI), which will…
EU tries to match US green subsidies with its clean tech deal
The European Union reached a provisional deal to support its clean-tech industry as it seeks to fend off global challenges from the US and China.
China pledges to strengthen support for EVs amid trade headwinds
China has said it will strengthen support for the country’s electrified vehicle industry as the sector increasingly faces trade restrictions from the European Union and…
Enlisting Chinese influencers to hawk goods is Thailand’s new idea to boost exports
Thailand is planning to enlist Chinese social-media influencers to hawk things from the so-called elephant pants to local sweet delicacies to their followers back home,…
Biden trade chief calls tariffs important defensive tool
President Joe Biden’s trade chief called tariffs an “important defensive tool” for rebalancing unfair commercial relationships, a nod to the value of duties on exports…
Strong loonie, drug imports drive Canada’s trade deficit
Canada’s merchandise trade balance recorded its first monthly deficit since July, due to a combination of higher imports of pharmaceutical products and the appreciation of…
Boeing latest to apply for Saudi HQ under government’s new rules
Boeing Co. applied for a license to establish its Middle Eastern headquarters in Riyadh as the Saudi government increasingly pressures businesses to boost their local…
EU reaches clean-tech deal to answer the US tax credit system
The European Union reached a provisional deal to support its clean-tech industry as it seeks to fend off global challenges from the US and China.
Juntas will be biggest losers if they quit West African bloc, IMF says
If the military leaders of Niger, Mali and Burkina Faso walk away from West Africa’s economic union, the biggest losers will be the nations themselves,…
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