CBP modifies withhold release order on imports of carpets and hand-knotted wool products from Nepal
U.S. Customs and Border Protection has modified a Withhold Release Order on imports of carpets and hand-knotted products from Nepal. Effective July 23, 2021, carpets…
WTO holiday from vaccine equity talks draws calls for action
An urgent global effort to rebalance the inequity between rich, vaccinated nations and poor nations sliding further into pandemic misery is colliding with an immovable…
TSMC mulls German, Japan plants to diversify supply chain
Taiwan Semiconductor Manufacturing Co. is in the early stages of considering a new chipmaking plant in Germany, Chairman Mark Liu told shareholders on Monday.
US, Mexico fail to resolve dispute on trade rules for cars
The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening the goal of boosting regional…
US, China head into first talks in months still trading blows
The U.S. and China barreled into their first high-level talks since March trading sanctions and rhetorical barbs, raising the stakes for the effort to stabilize…
Biden team has no immediate plan to sanction China over hacks
The Biden administration has no immediate plans to levy economic sanctions on Chinese officials in response to the Microsoft Exchange hack that the U.S. blames…
Mexico willing to use import tools to fight food inflation
Mexico is analyzing an increase in import quotas for food items including corn to help slow inflation if it doesn’t ease as expected, according to…
China sanctions Ross after US’s Hong Kong warning
China’s Foreign Ministry said the government is sanctioning seven people and entities, including former U.S. Commerce Secretary Wilbur Ross, in retaliation for a Biden administration…
US trade recovery accelerates past China in Q2, Tradeshift data reveals—but concerns grow over lack of liquidity
Data from Tradeshift reveals that B2B trade activity across US supply chains accelerated past China in Q2. But there may be issues ahead as suppliers…
Nike, Adidas output snarled as Covid wave shuts Asian factories
Some of the world’s biggest footwear and garment companies are seeing production pinched as factories in Southeast Asia struggle to keep the lights on amid…
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