Yellen says China moves not diluting Russia sanctions sting
Treasury Secretary Janet Yellen said she sees no signs that Russia is currently skirting U.S. and European sanctions over the war in Ukraine by tapping…
U.K trade deficit widens to most since 1996 as exports drop
The U.K.’s trade deficit widened to a record high in January as exports to the European Union plunged with an increase in red tape following…
Russia bans export of 200 products after suffering sanctions hit
Russia announced an export ban for more than 200 products after the economy was hit by sanctions over the invasion of Ukraine. It stopped short…
Major Ukrainian food exporter flips to feeding a nation at war
Ukrainian food conglomerate MHP SE built its business exporting grains and poultry to Europe, the Middle East and North Africa. War forced a pivot, and…
Congress pushes for Russia tariff increases, end to normal trade
Top Democratic and Republican lawmakers vowed to push forward with their campaign to suspend Russia’s preferential trade relations with the U.S. and clear the way…
US’s Raimondo warns Chinese firms on evading Russia sanctions
Commerce Secretary Gina Raimondo vowed to vigorously enforce export controls on Russia and said the U.S. would be on guard against Chinese semiconductor companies that…
Egypt to ban exports of staple foods to safeguard reserves
Egypt will ban the export of key staples, including flour, lentils and wheat, as the most-populous Arab nation moves to safeguard its food reserves amid…
Xiaomi, Oppo in talks with India firms to make phones for export
Three of China’s largest smartphone brands have opened discussions with Indian manufacturers about making phones locally for global export, a concrete step toward establishing the…
Yellen says China moves aren’t diluting Russia sanctions sting
Treasury Secretary Janet Yellen said she doesn’t believe China’s actions toward Russia are meaningfully undermining the impact of U.S. and European sanctions over the war…
Korea calls for global network to cushion supply chain hit
South Korea’s top trade official says the world should set up a framework that allows businesses to stay resilient in the face of a crisis…
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