U.S. trade deficit widens to record on consumer-goods imports
The U.S. trade deficit widened to a record in August, reflecting a pickup in the value of imports of consumer goods and industrial supplies.
U.S. and Chinese top officials to meet this week, SCMP says
U.S. National Security Advisor Jake Sullivan will hold talks with China’s top diplomat Yang Jiechi in Switzerland this week, the South China Morning Post reported,…
China to shelve anti-sanctions law in Hong Kong, HK01 says
China will not impose an anti-sanctions law on Hong Kong for now, local news organization HK01 reported, a seemingly unusual backtrack from Beijing on a…
U.S. manufacturers face continued steel shortages as price gap widens with rest of world
The Coalition of American Metal Manufacturers and Users (CAMMU) released its latest steel price tracker based on information provided by SteelBenchmarker® and issued the following…
World trade rebounding at a faster clip than expected, WTO says
The World Trade Organization raised its projection for global trade growth in 2021 and 2022 to 10.8% and 4.7%, respectively, citing the resurgence of economic…
U.S. trade chief to engage with China on trade-deal shortfalls
The Biden administration will directly engage with Beijing in the coming days to enforce commitments in their trade deal and start a new process to…
Why Brexit Britain is isolated, vulnerable and running on fumes
After leaving the European Union, the U.K. is emerging from the pandemic without enough workers and facing a winter tougher than any since the 1970s.
Biden’s infrastructure plan stalls, leaving agenda in limbo
President Joe Biden’s sweeping economic agenda faces an uncertain future in Congress after he failed this week to unify his own party around a strategy…
U.S. factory growth unexpectedly advances to four-month high
A measure of U.S. manufacturing expanded in September at the fastest pace in four months, bolstered by robust demand for factory goods and burgeoning inventory.
Zimbabwe allows miners to export coal as Hwange causes pile up
Zimbabwe has lifted a ban on coal exports for three months due to low demand by Hwange Thermal power plant, which suffers frequent breakdowns, according…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
