Mexico warns of automaker exodus if car dispute not settled
Mexico is warning that the U.S. interpretation of the revamped North American free trade deal that also includes Canada could push automakers to abandon the…
Taiwan likely to stay on watchlist in next US FX report
Taiwan’s soaring trade surplus means it is likely to stay on the U.S. Treasury’s foreign exchange watchlist when the next report is released, continuing the…
India to resume Covid vaccine exports in 2022, official says
India will likely restart exporting Covid-19 vaccines next year once it has immunized its own adult population, the head of an influential government expert panel…
China eyes $1 trillion of minerals with risky bet on Taliban
When the U.S. invaded Afghanistan in 2001, the global economy looked a lot different: Tesla Inc. wasn’t a company, the iPhone didn’t exist and artificial…
Mexico seeks US talks over car-rules dispute under trade pact
Mexico is seeking formal consultations with the U.S. over rules for cars shipped across regional borders under a year-old trade agreement as it seeks de-escalate…
US sanctions Eritrea military chief for abuses in Ethiopia
The U.S. Treasury sanctioned the Eritrean army’s chief of staff for his involvement in the conflict in neighboring Ethiopia.
Harris says semiconductor supply chain issues ‘very real’
U.S. Vice President Kamala Harris said issues stemming from a global chip shortage are “very real,” as she heads to Asia on a trip aimed…
Sinking lumber prices force Canadian mill to curb production
At least one mill in Western Canada has been forced to curtail production because of plunging lumber prices and soaring log costs.
Biden nominates Burns as US ambassador to China
The White House announced nominees for ambassadorships to China and Japan as President Joe Biden recalibrates the U.S. presence in Asia after the Trump years.
US sanctions Russian insurer in new Nord Stream 2 report
The Biden administration imposed sanctions on two Russian entities over their involvement in the Nord Stream 2 pipeline project, but is leaving in place a…
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