Biden taps ex-Defense official for key post on China tech policy
President Joe Biden will nominate a Deloitte LLP logistics consultant and former Defense Department official to lead a Commerce Department agency that’s a key player…
Mexico expands authorization of free trade zones to include US firm
The creation of “strategic fiscal precincts” is designed to enhance Mexico’s international economic competitiveness. SkyPostal’s A.J. Hernandez notes that it also broadens importers’ access to…
Yellen looks to revive US-EU ties in facing down China, Russia
Treasury Secretary Janet Yellen made a new push in Brussels to repair U.S. ties with the European Union, urging members of the bloc to help…
China’s export growth unexpectedly accelerates in June
China’s export growth unexpectedly picked up in June, shrugging off the impact of port disruptions in southern China and helping to underpin the economy amid…
White House to warn US companies about Hong Kong risks
The U.S. will warn American companies this week of the increasing risks of operating in Hong Kong, three people familiar with the matter said, as…
U.K. trade secretary downplays outlook for US trade deal soon
The U.K.’s top trade negotiator said that the nation is focused on getting the “right deal” with the U.S. rather than clinching a quick one,…
Carbon tariff remains possibility, McCarthy says: Summit update
The two-day Bloomberg Sustainable Business Summit, which is underway, is focused on topics ranging from the transition to a net-zero economy to the future of…
Biden team mulls digital trade deal to counter China in Asia
White House officials are discussing proposals for a digital trade agreement covering Indo-Pacific economies as the administration seeks ways to check China’s influence in the…
Lumber wipes out 2021 gain with demand ebbing after record boom
Lumber, which at one point was among the world’s best-performing commodities as the pandemic sent construction demand soaring and stoked fears of inflation, has officially…
US, Mexico announce enforcement of worker protection agreement
On Thursday, July 8, the U.S. and Mexico announced a comprehensive plan to ensure that international labor standards are being enforced at the General Motors’…
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