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India puts 40% tax on onion export as inflation war intensifies
India imposed a 40% levy on the export of onions as Prime Minister Narendra Modi escalates efforts to bridle inflation ahead of key elections.
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Third of Ukraine crop exports wiped out after Black Sea block
The Kremlin’s efforts to paralyze Ukrainian food shipments are succeeding, with a third of the country’s crop exports wiped out since its Black Sea ports…
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South Africa to lean on BRIC if it loses US trade access, labor group says
South Africa will lean harder on its partners in the BRICS group of emerging market powers should it lose preferential access to US markets, the…
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CBP agriculture specialists discover first-in-nation pest in San Diego
U.S. Customs and Border Protection agriculture specialists assigned to the Otay Mesa cargo facility intercepted a rare pest while inspecting a cargo shipment on July…
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Lawmakers urge against export controls working group with China
Republican lawmakers are warning Commerce Secretary Gina Raimondo not to let China weigh in on US export controls during her upcoming trip to Beijing...
S&P Global: Resilient demand and higher toll rates underpin credit strength of U.S. toll operators
"We believe U.S. toll operators will maintain strong coverage, healthy financial margins, increasing liquidity, and overall credit quality despite potential headwinds," said S&P Global Ratings…
United States establishes USMCA dispute panel on Mexico’s agricultural biotechnology measures
“The United States has used the tools provided by the USMCA in attempting to resolve concerns with Mexico’s biotechnology measures...
US sets tin-mill steel duties targeting China
The US set preliminary tariffs of more than 100% on tin-plated steel products from China, along with smaller duties on imports from Canada and Germany,…
The U.S. speculative-grade corporate default rate could rise to 4.5% by June 2024
We predict persistently higher rates will dent corporates' cash flow, particularly among weaker issuers...
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US natural gas exporter faces lawsuits over employee stock options
US natural gas exporter Venture Global LNG Inc. is facing lawsuits from former employees who say the company blocked them from exercising their stock options.