Why the Aussie is booming amid a trade spat with China
Despite strained diplomatic ties, Australia’s relationship with its biggest trading partner is only set to strengthen.
US bans cotton imports from Xinjiang firm on ‘slave labor’
The Trump administration banned cotton imports from a military-linked Chinese firm it accuses of relying on “slave labor,” as the U.S. seeks to ramp up…
India’s trade deficit narrows in November on falling imports
India’s trade deficit narrowed last month as imports outpaced a drop in exports, amid lingering weakness in demand in an economy that’s entered a recession.
US, EU renew push to settle dispute on Boeing-Airbus subsidies
The U.S. and European Union’s top trade officials have stepped up work to settle a long-running dispute over aircraft subsidies before President Donald Trump leaves…
US imports of Saudi crude oil fall to lowest in three decades
American refiners received the least oil from Saudi Arabia since 1985 as a slump in volumes shipped out by the desert kingdom in October are…
Bentley books jets for Brexit disruptions seen as inevitable
Luxury-car maker Bentley Motors Ltd. has put cargo planes on standby and the French owner of Vauxhall is resigned to unavoidable disruptions as automakers brace…
OPEC core’s oil exports drop before face-off over output targets
OPEC’s Persian Gulf exporters shipped less oil last month than at any time since June, when three of them made deeper-than-planned output reductions. The move…
Covid the ‘great accelerator’ bends not breaks globalization
The Covid-19 pandemic was supposed to put the final nail in the coffin of globalization and prompt a retreat into a new era of protectionism.…
Biden offers Transatlantic embrace to Europe’s already open arms
A transatlantic alliance fractured by Donald Trump’s unilateral trade policies appeared headed for repair as both President-elect Joe Biden and Europe signaled an urgency to…
Barnier voices caution as Brexit negotiators race to a deal
British and European Union officials are racing to strike a post-Brexit trade deal before the start of next week, with EU chief negotiator Michel Barnier…
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