Indian tech moguls urge Modi to be tougher on Chinese rivals
Leaders in India’s technology industry are urging the country to go even further to protect the interests of local companies against foreign rivals, or risk…
N95 masks aren’t the only thing in demand
3M results give reason for hope about a broader economic recovery, even as Raytheon shows commercial aerospace remains mired in despair.
The next WTO chief treads a fine line between the US and China
The race for the top post of the World Trade Organization is often characterized as another key battleground in a U.S. versus China struggle for…
China is buying American but not enough to hit trade deal target
China continues to lag behind the pace of imports from the U.S. needed to meet the terms of the two nations’ trade deal, amid a…
Mexico surprises all analysts with record trade surplus
Mexico unexpectedly posted its biggest-ever trade surplus in June as its economic crisis caused imports to slump, while food exports surged.
Trade pact to give Africa $450 billion boost, World Bank says
An Africa-wide free-trade pact could bolster the region’s income by $450 billion and lift 30 million people out of extreme poverty by 2035, if accompanied…
US durable goods orders advanced more than forecast in June
U.S. orders for durable goods rose more than expected in June, led by a spike in demand for motor vehicles and a pickup in business…
Iraq set to reduce food imports by boosting wheat production
Iraq, formerly the Middle East’s second-biggest wheat buyer, expects to be self-sufficient in the staple crop for a third consecutive season.
EU prolongs import-duty waiver for equipment to fight pandemic
The European Union let its member countries suspend import duties on medical equipment needed to fight the coronavirus for three more months.
Asia-Pacific group aims to keep trade moving amid pandemic
Ministers responsible for trade in Asia Pacific pledged Saturday to facilitate essential movement across borders, even as coronavirus cases surge across the region.
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