Europe raises China-Lithuania trade dispute with WTO chief
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Commerce adds export controls on Cambodia to address corruption, human rights abuses and regional security concerns
Today the Department of Commerce (Commerce) announced new restrictions to address human rights abuses and corruption by Cambodian government actors, including the military, as well…
Africa free-trade pact could counter Covid-19 impact on growth, UN says
A continent-wide free-trade pact could help boost economic growth and reduce inequality in Africa as the Covid-19 omicron variant threatens to weigh on output.
US Chip Act should include foreign firms, trade group says
A major trade group urged Washington to make a $52 billion grant for the semiconductor industry available to foreign companies as well as domestic ones.
South African business mood worsens after Covid curbs hit trade
South African business confidence weakened in November as trade flows fell after a new wave of Covid-19 infections led to renewed restrictions among the nation’s…
EU warns US electric-vehicle subsidies may inflame tensions
The European Union warned U.S. congressional leaders and members of President Joe Biden’s administration that the aggressive use of electric-vehicle credits in the pending Build…
Yellen says lifting output may need protectionist-like steps
Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical…
China’s exports and imports hit new records on strong demand
China’s exports and imports grew faster than expected in November, with both hitting records as external demand surged ahead of the year-end holidays and domestic…
Europe’s new trade weapon faces hurdles before it’s unveiled
The European Union has yet to unveil its new proposal for an anti-coercion trade tool to safeguard the bloc’s geopolitical interests, but it’s already facing…
US trade gap shrinks for first time since July on export surge
The U.S. trade deficit narrowed in October for the first time since July, reflecting a sharp increase in exports and suggesting that foreign demand for…
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