China lays ground to counter Indo-Pacific strategy in Asia
As US Secretary of State Antony Blinken arrives in Southeast Asia for his first visit in more than six months, he’ll find his Chinese counterpart…
Coal, tourists drive Australia’s trade surplus to record high
Australia’s trade surplus skyrocketed to a record high in May, driven by stronger prices of its key export -- coal -- while imports surged too…
Global trade hits record $7.7 trillion in first quarter of 2022
But the positive trend for international trade may soon come to an end amid tightening policies and geopolitical frictions.
China’s Commerce Ministry urges US not to add new trade measures
China asked the US to refrain from introducing any new trade measures amid reports that the Biden administration is weighing a new investigation into Chinese…
Turkey eyes drone sales to Malaysia in defense export drive
Turkey is seeking to sell Malaysia a batch of armed drones, according to two defense industry officials familiar with the matter, in its latest bid…
Turkey adds anti-dumping steel levies after import prices drop
Turkey announced anti-dumping levies on flat steel imports, saying that shipments from European and South Korean companies were hurting domestic producers.
US trade gap in goods, services narrows to smallest this year
The US trade deficit shrunk in May to the lowest level of the year, reflecting a pickup in exports of goods and services.
Canada’s trade surplus jumps to highest since 2008 on oil surge
Canada’s merchandise trade surplus widened to the largest in 14 years as the nation benefits from surging global prices for its crude oil.
America’s beer CEOs have had it with the Trump-era aluminum tariffs
The chief executive officers of major beer makers are asking US President Joe Biden to suspend aluminum tariffs that have cost the industry more than…
Ukraine doubts deal to unblock grain exports will happen soon
Ukraine’s top diplomat cast doubt on a near-term breakthrough in talks to unblock crop exports from the war-ravaged nation’s Black Sea ports, as fears of…
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