For Johnson’s successor, Brexit is anything but done
The crisis awaiting Britain’s next prime minister
BEA News: gross domestic product, second quarter 2022 (advance estimate)
Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022 (table 1), according to the "advance"…
Mexico trade deficit unexpectedly widens as fuel imports surge
Mexico’s trade deficit unexpectedly widened in June as imports of fuel and other products jumped, eclipsing an increase in export revenue.
Soybeans in longest run of gains since May; wheat, corn rise
Soybeans climbed for a fifth day, the longest rising streak in over two months, on concerns that heat and dryness in August will hurt North…
Canada claims victory on EV tax credits in Manchin-Schumer deal
Prime Minister Justin Trudeau’s top trade official claimed a diplomatic victory for Canada on US electric vehicle tax credits proposed in a deal between senators…
Egypt cancels 240,000 tons of Ukrainian wheat contracts
Egypt canceled four cargoes of Ukrainian wheat that it contracted to buy before Russia’s invasion, even as Kyiv prepares to restart grain exports following a…
India to restart Ukraine sunflower oil imports as trade eases
India, the world’s biggest edible oil importer, will likely receive its first shipments of sunflower oil from Ukraine starting in September after a five-month gap,…
It’s too late for China to rally if Biden-Xi call ends tariffs
Tariffs on Chinese goods by the US hit markets with shock waves in 2018, but as they look to be rolled back, the move may…
AMLO risks long US-Mexico trade spat by insisting on energy policy
US and Canadian companies have been clamoring for action against Mexico’s nationalist energy policies, but the trade complaint their countries filed this week could lead…
How the trade war has led to higher food prices
With inflation continuing to skyrocket, especially for food, the Tax Foundation released a new post today examining how the Trump trade war and retretaliatory tariffs…
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