World’s first carbon border tax wouldn’t be that expensive
The world’s first pollution-import levy, proposed by the European Union on goods from steel to aluminum, may not actually cost the bloc’s competitors that much,…
Pakistan boosting food imports as Afghan demand pressures prices
Pakistan is stepping up food imports as it sees a surge in demand for staples in neighboring Afghanistan inflating prices at home.
U.K. seeks to conclude talks to join TPP by end-2022: FT
The U.K. seeks to conclude talks to join a trans-Pacific trade group by the end of 2022, International Trade Secretary Liz Truss told the Financial…
Wheat gains as traders weigh export prospects amid Hurricane Ida
Wheat rose as investors focused on Hurricane Ida for any signs of disruption to U.S. exports while weighing a broader advance in risk assets following…
Canada to participate in Mexico-US auto spat as third party
Canada will be an interested third party in discussions between the U.S. and Mexico over rules governing cars traded in North America, avoiding direct confrontation…
U.S. goods-trade gap shrinks as imports fall from record high
The U.S. merchandise-trade deficit narrowed to the smallest in three months in July as imports fell from the highest on record.
White House, U.S. Department of Transportation appoint Port Envoy to address supply chain disruptions
The White House and the U.S. Department of Transportation announced that John D. Porcari will be the Port Envoy to the Biden-Harris Administration Supply Chain…
USTR announces fiscal year 2021 allocation of additional tariff-rate quota volume for raw cane sugar
The Office of the U.S. Trade Representative today announced country-specific in-quota additional allocations under the tariff-rate quota (TRQ) on imported raw cane sugar for Fiscal…
U.S. to ship 2 million Coronavirus vaccines to South Africa
The U.S. will ship 2.2 million coronavirus vaccine doses to South Africa on Friday, a show of support to one of the countries that has…
Europe’s steel rally may be peaking while the U.S. powers on
The rally in European steel prices to eye-watering levels may finally be running out of steam.
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