US annual trade gap grows to biggest since financial crisis
The U.S. last year posted its biggest annual trade deficit since 2008 as the global health crisis depressed export markets for American companies.
EU weighs temporary tariff freeze before first Biden call
European Commission President Ursula von der Leyen is considering offering a six-month tariff suspension to U.S. President Joe Biden when they speak on the telephone,…
Okonjo-Iweala’s path to WTO clears hurdle as Korean quits race
South Korean Trade Minister Yoo Myung-hee ended her campaign to lead the World Trade Organization, leaving former Nigerian Finance Minister Ngozi Okonjo-Iweala as the likely…
EU lawmakers call for market-linked levy on imported emissions
The European Parliament’s environment committee urged a swift introduction of a penalty on emissions brought into the region as it intensifies the fight against pollution.
Graves Statement from Hearing on Protecting Transportation Workers and Passengers from COVID
Opening remarks, as prepared, of Committee on Transportation and Infrastructure Ranking Member Sam Graves (R-MO) from today’s hearing entitled,” Protecting Transportation Workers and Passengers from…
EU lawmakers set to urge market-linked levy on imported carbon
The European Parliament’s environment committee is calling for a swift introduction of a penalty on emissions brought into the region as it intensifies the fight…
Biden commerce pick sees ‘no reason’ to lift Huawei curbs
President Joe Biden’s nominee for Commerce secretary Gina Raimondo said she knows of “no reason” why Huawei Technologies Co., ZTE Corp. and other Chinese companies…
China heads for record GDP growth in months of wild data swings
China watchers are in for a wild ride of economic data in the early months of 2021, giving a largely distorted picture of the recovery…
U.K.’s Johnson threatens to suspend Northern Ireland Brexit deal
Boris Johnson threatened to suspend parts of the Brexit deal relating to Northern Ireland as a dispute escalated after the European Union’s threat to impose…
U.K.’s Gove calls on EU to extend N.I. grace period until 2023
The U.K. wants the European Union to extend grace periods for trade between Northern Ireland and Great Britain until 2023, according to a letter from…
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