Biden to focus on trade enforcement after years of Trump tariffs
President Joe Biden’s administration is setting up its trade policy to prioritize enforcement of existing commitments by the U.S.’s partners over negotiating more deals to…
U.K. to launch formal bid to join Transpacific trading bloc
The U.K. will formally request to join an 11-member transpacific trading bloc Monday, with negotiations expected to start later this year.
U.S. cotton output undercut by rally in grains
Cotton’s abundance is under threat for the world’s largest supplier.
Yellen faces ‘currency war’ redux as strong dollar ditched
Treasury Secretary Janet Yellen faces one more headache on an agenda packed with everything from Covid-19 relief to addressing inequality and overhauling tax policy: tensions…
EU poised to ban vaccine exports as shortage crisis mounts
The European Union is poised to ban Covid-19 vaccine exports if drugmakers fail to meet delivery targets within the bloc, stepping up its battle for…
US to press Taiwan, TSMC to resolve auto chip crunch
Biden administration officials have called an ad-hoc meeting next week with Taiwan government and industry officials, during which they’re expected to pressure Taiwan Semiconductor Manufacturing…
IRobot files patent suit seeking US removal of Roomba rival
IRobot Corp., maker of Roomba robotic vacuum cleaners, has filed a new patent-infringement complaint seeking to get rival JS Global Lifestyle Co.’s SharkNinja vacuums and…
Sugar refiner says container shortage limiting Indian exports
A shortage of shipping containers in India, the world’s second-biggest sugar producer, is hurting shipments even as overseas demand stays robust, according to an industry…
Europe opens door to vaccine-export ban, risking global backlash
The European Union is poised to tighten rules on the export of Covid-19 vaccines in a move that risks fueling a global protectionist battle between…
Yellen boosts European optimism for global digital tax accord
German Finance Minister Olaf Scholz said President Joe Biden’s administration has shown a readiness to clinch an agreement on how to tax global tech companies,…
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