U.S.-China tensions contributed to chip crunch, TSMC chair says
Global efforts to develop national self-sufficiency in chip production are “economically unrealistic” and U.S.-China trade tensions have contributed to the chip shortage currently snarling entire…
China may boost cotton imports to cut Xinjiang fiber in exports
China could import more cotton to replace fiber from Xinjiang that’s being rejected by some Western companies and threatens to hurt its booming textile export…
Buffett-Backed BYD’s Profit Surges 162% on Electric-Car Boom
BYD Co., the Chinese electric-vehicle maker in which Warren Buffett’s Berkshire Hathaway holds a stake, said profit more than doubled last year thanks to a…
Russian farmers undeterred by export crackdown, at least for now
Russia’s bid to cool food inflation with crop-export taxes is bad news for farmers’ profits, though leaves them little choice but to plow ahead with…
One in four small U.K. exporters halt EU sales amid Brexit costs
One in four small U.K. exporters have halted sales to the European Union because of red tape caused by Brexit, according to a survey published…
At least 12 American grain shipments impacted by Suez congestion
The congestion of the Suez Canal, caused by a stranded container ship, may delay nearly 7% of seaborne U.S. major grain shipments, according to USDA…
U.S. disrupts WTO dispute meeting over Venezuela sanctions fight
The World Trade Organization suspended a meeting of its dispute settlement body after the U.S. rejected Venezuela’s request for a probe into Trump-era sanctions against…
China sets duties on Australia wine for 5 years as ties sour
China will impose tariffs of more than 200% on Australian wine for five years, formalizing curbs that have been in place for months amid an…
China slaps sanctions on U.K. lawmakers over Xinjiang claims
China announced retaliatory sanctions on senior British politicians including the former leader of the ruling Conservative Party for “maliciously spreading lies and disinformation” about its…
Your Instant Coffee May Soon Be at Risk From Suez Blockage
The crisis in the Suez Canal could soon hit your instant coffee.
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