U.S. businesses urge Biden to restart China talks, scrap tariffs
More than 30 U.S. trade groups called on the Biden administration to resume negotiations with China and remove tariffs, which they say are harming the…
US trade deficit widened to a record $75.7 billion in June
The U.S. trade deficit widened to a record in June, consistent with a rush by domestic importers to meet business investment and household spending.
Adidas falls as production worries outweigh rebound in sales
Adidas AG fell the most in four months as investors looked past a modest increase in profit guidance and focused instead on weaker demand in…
CBP issues Withhold Release Order on seafood harvested with forced labor by the Hangton No. 112
Effective August 4, 2021, U.S. Customs and Border Protection personnel at all U.S. ports of entry will detain tuna and other seafood harvested by the…
German factories see economic recovery picking up as orders rise
German factory orders rose in June, bolstering the recovery in Europe’s largest economy as an easing of pandemic restrictions supported business activity across sectors.
US service industries expanded at a record pace in July
U.S. service providers expanded in July at the fastest pace in records dating back to 1997 as measures of business activity, new orders and employment…
CBP agriculture specialists in Pharr intercept rare pest in a shipment of fresh vegetables
U.S. Customs and Border Protection agriculture specialists at the Pharr International Bridge discovered a rare pest, a first in nation discovery, in a shipment of…
China is exporting more sophisticated products despite trade war
The technological level of China’s exports increased through the trade war with the U.S., according to a new ranking, which predicts the Chinese economy will…
NRF chief economist says vaccination is ‘key to further economic recovery’
The economy is growing quickly but its future still depends on slowing the coronavirus pandemic as consumers worry about new variants of the virus, National…
Harris to tackle supply crunches in trip to China’s doorstep
The global semiconductor shortage and other supply chain troubles will be a focus of Vice President Kamala Harris’s trip to Southeast Asia later this month,…
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