Ship Overseas Inc. expands import operations from U.K. and Germany to U.S.
Ship Overseas Inc. based in San Diego, announces expanded international operations into the U.K. and Germany, now its top markets for importing vehicles and heavy…
India’s October trade deficit hits record high on surge in gold imports
India's merchandise trade deficit widened to a record high of $41.68 billion in October, due to a rise in gold imports and a fall in…
AAFA welcomes progress on U.S. trade agreements with key Central American countries
The American Apparel & Footwear Association (AAFA) applauds frameworks for agreements on reciprocal trade with El Salvador and Guatemala that incorporate key features vital for…
US, South Korea unveil details on shipbuilding investment and subs in trade deal
The U.S. and South Korea released details of a trade agreement on Friday that includes a $150 billion Korean investment in the American shipbuilding sector…
Trump administration prepares tariff exemptions in bid to lower food prices, NYT reports
U.S. President Donald Trump's administration is preparing broad exemptions to certain tariffs in an effort to ease elevated food prices, the New York Times reported…
Oil climbs 2% as Russian port suspends oil exports after Ukrainian attack
Oil prices climbed more than 1% on Friday, boosted by supply fears after the Black Sea port of Novorossiysk halted oil exports following a Ukrainian…
Details of Swiss-U.S. trade deal could emerge on Friday
Details of a potential deal between Switzerland and the United States to reduce the crippling 39% tariffs on Swiss exports could emerge as soon as…
European shares fall as US rate cut expectations wane
European shares fell on Friday, as hawkish commentary from U.S. policymakers dampened expectations for an imminent interest rate cut, even as the benchmark index was…
Research findings confirm Hong Kong’s continued ‘superconnector’ role in global and regional supply chain transformation
• Findings of a supply chain study commissioned by the HKTDC point out that even amid tense US-China relations, many US companies remain deeply engaged…
Most emerging nations can realign trade to weather US tariffs, report finds
Most big emerging economies, including China, Brazil and India, can weather U.S. tariffs without excessive pain, a study by risk consultancy Verisk Maplecroft showed, raising…
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