Supply squeeze means German factories turn into risk to recovery
Severe material shortages and long delivery times are weighing on demand for German manufactured goods, signaling that the country’s recovery may lose momentum in the…
Xi won’t go to Rome summit, Chinese envoys tell G-20 sherpas
Chinese diplomats have informed officials from the Group of 20 nations that President Xi Jinping does not currently plan to attend a summit in Italy…
NRF Statement on Biden Administration’s China Trade Policy
The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French in response to United States Trade Representative…
Canadian trade surplus jumped in August, powered by Energy
Canada’s trade surplus with the rest of the world expanded significantly in August on larger energy exports.
U.S. trade deficit widens to record on consumer-goods imports
The U.S. trade deficit widened to a record in August, reflecting a pickup in the value of imports of consumer goods and industrial supplies.
U.S. and Chinese top officials to meet this week, SCMP says
U.S. National Security Advisor Jake Sullivan will hold talks with China’s top diplomat Yang Jiechi in Switzerland this week, the South China Morning Post reported,…
China to shelve anti-sanctions law in Hong Kong, HK01 says
China will not impose an anti-sanctions law on Hong Kong for now, local news organization HK01 reported, a seemingly unusual backtrack from Beijing on a…
U.S. manufacturers face continued steel shortages as price gap widens with rest of world
The Coalition of American Metal Manufacturers and Users (CAMMU) released its latest steel price tracker based on information provided by SteelBenchmarker® and issued the following…
World trade rebounding at a faster clip than expected, WTO says
The World Trade Organization raised its projection for global trade growth in 2021 and 2022 to 10.8% and 4.7%, respectively, citing the resurgence of economic…
U.S. trade chief to engage with China on trade-deal shortfalls
The Biden administration will directly engage with Beijing in the coming days to enforce commitments in their trade deal and start a new process to…
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