South African business mood worsens after Covid curbs hit trade
South African business confidence weakened in November as trade flows fell after a new wave of Covid-19 infections led to renewed restrictions among the nation’s…
EU warns US electric-vehicle subsidies may inflame tensions
The European Union warned U.S. congressional leaders and members of President Joe Biden’s administration that the aggressive use of electric-vehicle credits in the pending Build…
Yellen says lifting output may need protectionist-like steps
Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical…
China’s exports and imports hit new records on strong demand
China’s exports and imports grew faster than expected in November, with both hitting records as external demand surged ahead of the year-end holidays and domestic…
Europe’s new trade weapon faces hurdles before it’s unveiled
The European Union has yet to unveil its new proposal for an anti-coercion trade tool to safeguard the bloc’s geopolitical interests, but it’s already facing…
US trade gap shrinks for first time since July on export surge
The U.S. trade deficit narrowed in October for the first time since July, reflecting a sharp increase in exports and suggesting that foreign demand for…
Canada’s trade surplus widens on oil exports, auto rebound
Canada’s trade surplus widened in October on a jump in exports of autos and energy.
Biden weighs Russian bank sanctions if Putin invades Ukraine
The U.S. and European allies are weighing sanctions targeting Russia’s biggest banks and the country’s ability to convert rubles for dollars and other foreign currencies…
U.K. seeks to trade with US states with broader deal on hold
The U.K. is moving forward on trade engagement with individual American states, and stands ready to resume talks with Washington on a broader federal deal,…
US Treasury sanctions associate of Israeli billionaire Gertler
The U.S. Treasury sanctioned Congolese businessman Alain Mukonda for giving support to sanctioned Israeli billionaire Dan Gertler.
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