A 650 million-euro rounding error could derail a Brexit deal
A trade deal between Britain and the European Union, one of the biggest such accords the world has ever seen, could be derailed by what…
US sanctions 18 Iranian banks in move to choke off economy
The Trump administration announced sweeping new sanctions on Iran’s financial sector, a move intended to choke off the country’s economy from the rest of the…
Imports set new record as retailers replenish inventories and stock up early for holidays
Imports reached an all-time high this summer as retail sales bounced back from the pandemic and merchants replenished inventories and stocked up early for the…
Race to become WTO leader narrows to the final two candidates
The World Trade Organization said Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee advanced to the final round in the race to be its director-general,…
U.K. won’t ban import of food produced to lower farm standards
The U.K. government said it won’t ban food imports produced under inferior farming standards, saying the move would hurt farmers in developing countries.
Despite Brexit ultimatums, U.K. and EU lurch toward a deal
Just as the U.K.’s trade negotiations with the European Union look like they’re heading off a cliff, there’s reason to suspect things might not be…
Festive food craving set to boost Indian demand for palm oil
Palm oil purchases by India, the biggest importer, are likely to climb in October from a three-month low as the Hindu festival of lights drives…
Race to WTO leadership is down to the final two candidates
World Trade Organization members selected two final candidates -- Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee -- to advance to the final round in…
U.S. warns food costs may double with farm-to-fork push
U.S. Agriculture Secretary Sonny Perdue warned that the European Union’s “Farm to Fork” environmental initiative will stoke trade tensions as European producers face higher costs…
U.K. plans to quit Brexit talks if no deal clear next week
Brexit negotiations are at risk of breaking down within days after the U.K. government warned it will pull out of trade talks with the European…
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