US trade deficit widened to record $71.1 billion in February
The U.S. trade deficit widened in February to a record high as solid household and business demand kept imports running ahead of shipments to overseas…
EV-battery rivals besiege Biden with rare trade veto in balance
Two of the world’s largest electric-vehicle battery makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that…
Canada records second straight trade surplus on lower imports
Canada ran a second straight monthly trade surplus for the first time in five years, an improvement that reflects slumping imports.
France signals progress in US talks on global and digital tax
France signaled a sharp acceleration in international talks with the U.S. to overhaul global corporate tax rules and resolve the thorny issue of how to…
Indonesia’s Jokowi slams richer nations for vaccine nationalism
Indonesian President Joko Widodo slammed richer nations for vaccine nationalism that’s hampering the world’s supply of Covid-19 vaccines and prolonging the global pandemic.
US, Vietnam to mutually resolve currency issue, says US envoy
The US and Vietnam will work through differences over the Southeast Asian country’s currency and timber practices, U.S. Ambassador to Vietnam Daniel J. Kritenbrink said…
US trade sanctions appropriate response to China’s actions
An international trade law expert at the University of Kansas argues in a pair of new articles that human rights and trade are now inextricably…
Congress Bourbon Caucus asks US to get EU spirit duties ended
Lawmakers from U.S. whiskey-producing states asked the Biden administration to negotiate an immediate end to all tariffs on American spirits, weeks before European Union and…
Why shortages of a $1 chip sparked crisis in global economy
To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver.
Planters ordered to destroy oil-palm as Sri Lanka joins boycott
Palm oil suffered another blow as Sri Lanka banned imports of the world’s most-consumed cooking oil and told planters to get rid of all the…
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