US seeks exemption from EU carbon border levy to end tariff dispute
The US has asked for its steel and aluminum exports to be exempt from the European Union’s carbon border levy, complicating work on a broader…
Johnson, Truss to vote against Sunak’s Brexit deal
Two former UK prime ministers, Boris Johnson and Liz Truss, came out against Rishi Sunak’s new post-Brexit deal with the EU, boosting a rebellion by…
Ukraine farmers plant even less grain for second wartime harvest
Oleksandr Klepach’s fields in southern Ukraine would normally be teeming with shoots of wheat and rapeseed in spring. This March, they’re infested with weeds instead.
Champagne exports to Gulf and Turkey soar as Russia sinks
Champagne exports to Gulf countries from France jumped in 2022 as Russian tourists flocked to the region after the war in Ukraine curbed their access…
China doubles imports of Russian aluminum shunned by West
China has nearly doubled imports of Russian aluminum in the year since the invasion of Ukraine, as some western buyers shun the metal from the…
Biden to stunt growth in China for chipmakers getting US funds
The Biden administration is set to unveil tight restrictions on new operations in China by semiconductor manufacturers that get federal funds to build in the…
Commerce Department outlines proposed national security guardrails for CHIPS for America Incentives Program
Guardrails will ensure innovations and technology funded by CHIPS Act bolsters technological and national security for America and our allies
Philippine exporters seek exemption from 12% tax on purchases
The Philippines’ largest exporter groups on Tuesday urged the government to exempt their local purchases from a 12% value-added tax to help them offer competitive…
New Zealand exporters need to diversify beyond China, PM says
New Zealand Prime Minister Chris Hipkins urged his nation’s exporters not to rely so heavily on China, saying it’s important for them to diversify in…
EU opens crisis fund for nations under influx of Ukraine crops
The European Union is activating a crisis reserve for farmers in three eastern nations handling an influx of Ukrainian crops that’s lowering local prices.
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