India to limit sugar exports in risk to global food prices
India is set to restrict sugar exports as a precautionary measure to safeguard its own food supplies, another act of protectionism after banning wheat sales…
UK to start legislating against Brexit deal within three weeks
The UK aims to introduce its controversial bill to override parts of the Brexit deal it negotiated with the European Union within the next three…
U.S. Secretary of Commerce Raimondo and U.S. Trade Representative Tai host first ministerial meeting with Indo-Pacific Economic framework for prosperity partners
On Monday, May 23, U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai hosted a virtual meeting of the Ministers from the…
Malaysia to halt chicken exports from June amid shortage
Malaysia will halt exports of 3.6 million chickens a month from June 1 and scrap the approved permit requirement for importing wheat until production and…
Korea early exports show signs of cooling as lockdowns weigh
South Korea’s early trade data showed signs of cooling export gains in May as the global economy adjusts to fallout from the war in Ukraine…
Global trade rebound stalls as war, Covid hit supply chains
Russia’s war with Ukraine and China’s Covid-19 lockdowns have “short-circuited” global trade’s nascent rebound, the World Trade Organization said.
US unveils 13-nation economic pact to assert Asia leadership
The Biden administration announced that a dozen Indo-Pacific countries will join the US in a sweeping economic initiative designed to counter China’s influence in the…
Biden says he’ll review Trump’s China tariffs, fueling yuan rally
US President Joe Biden said he’ll review Trump-era tariffs imposed on imports from China amid growing calls from businesses to remove the levies, fueling a…
Marcos wants ‘trade, not aid’ from US, open to economic pact
Philippine presumptive President Ferdinand “Bongbong” Marcos Jr. said he wants to boost trade ties with the US instead of a “dependence” on aid, and signaled…
Tesla suppliers’ caution at odds with EV maker’s China optimism
Executives offered candid comments about thoughts on diversifying manufacturing away from the nation.
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