The world’s coffee mostly comes from two countries. That’s a problem
Coffee from Peru, Thailand and other smaller producers used to be a luxury for dedicated drinkers particular about their morning brew.
Swedish exports help economy shrink less than forecast
Sweden’s output contracted less than indicated by an initial estimate in the second quarter as the Nordic country’s economy is set to see a recovery…
Remy, Pernod surge as China holds off on tariffs for now
Shares of Remy Cointreau SA and Pernod Ricard SA surged after China said it won’t impose temporary tariffs on brandy from the European Union, at…
China proposes new curbs on grain imports to boost local prices
China is asking domestic traders to buy less foreign grains as ample supplies and weaker-than-expected demand weigh on prices and threaten its longstanding policy to…
US sees bipartisan backing for Africa critical minerals projects
A senior US State Department official reassured African governments that an initiative to help counter China’s influence through developing infrastructure on the continent will continue…
US sanctions West Bank settler group after Palestinian expulsion
The State Department imposed sanctions on an Israeli group that supports farmers on occupied land in the West Bank, as the Biden administration ramps up…
Lotus slashes delivery target over tariffs on Chinese EVs
Lotus Technology Inc., the electric-car maker majority-owned by China’s Geely, has slashed its annual delivery target by more than half amid tariffs on Chinese-made EVs…
Argentina’s Milei lowers key import tariff to cool inflation
Argentina is lowering a key import tariff in an effort to further cool inflation as President Javier Milei weighs the trade-offs between economic targets often…
Canada to hit China with tariffs on electric vehicles, steel
Canada will impose new tariffs on Chinese-made electric vehicles, aluminum and steel, lining up behind western allies and taking steps to protect domestic manufacturers.
United States announces successful resolution of rapid response labor mechanism matter at Volkswagen de México facility
The United States today announced the successful resolution of the United States-Mexico- Canada Agreement (USMCA) facility-specific Rapid Response Labor Mechanism (RRM) matter regarding the Volkswagen…
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