Fed’s all-clear on global supply chaos spurned by logistics watchers
The Federal Reserve Bank of New York this week said stress on the world’s beleaguered supply chains had finally returned to normal — below normal,…
US and India plan to boost chips collaboration, Biden’s commerce chief says
The US and India will sign an agreement to boost coordination of their chip-industry incentive plans and are discussing the best ways to avoid over-subsidization…
Canada requests Mexico talks on GMO ban after US corn move
Canada asked for formal consultations with Mexico over the Latin American nation’s restrictions on genetically modified agricultural imports under their free-trade agreement, following a separate…
China faces more limits on chip-export gear from Netherlands
The Netherlands, home to ASML Holding NV, is preparing restrictions on certain chipmaking machines amid pressure from the U.S. to clamp down on China’s access…
Chinese chip suppliers soar after reports of Japanese curbs
Shares in Chinese suppliers of materials for semiconductors surged after unsubstantiated reports of impending Japanese export curbs circulated on social media, underscoring the nervousness surrounding…
Apple supplier’s Vietnam chief exits after outlining China shift
AirPods maker GoerTek Inc.’s Vietnam business chief is leaving the company, days after the executive outlined how Apple Inc.’s Chinese suppliers are likely to move…
Soy climbs as USDA slashes Argentine crop estimate by 20%
(Bloomberg) -- Corn and soybean crops in drought-stricken Argentina, a crucial exporter, are in even worse shape than previously thought, according to the US Department…
U.S. Customs and Border Protection conducted “Operation Terminus” at the Port of New York/Newark
Five-day Operation with Federal, State, and Local Law Enforcement Partners
U.S. International Trade in Goods and Services, January 2023
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $68.3 billion in January, up…
Grain traders bank on renewal of vital Ukraine crop deal
The crucial grain deal that revived Ukraine’s crop exports and helped bring down global prices is up for renewal again, and the market is betting…
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