Biden Signs Executive Order authorizing Ethiopia sanctions
U.S. President Joe Biden signed an executive order authorizing sanctions against those prolonging conflict in northern Ethiopia, adding pressure on parties to end the civil…
U.S. hardwood tariff exemptions to be extended
The initial confirmation of the extensions was confirmed through the USDA’s Foreign Agricultural Service office in Beijing and they are currently working on an official…
Top China forecaster sees GDP growth near zero in third quarter
China’s tough virus curbs mean economic activity in the third quarter could be close to flat compared with the previous three months, while full-year growth…
China halts Vietnam’s $1 billion dragon fruit trade over Covid
China has suspended imports of dragon fruit from Vietnam saying it found traces of the coronavirus, temporarily halting a $1 billion market as Beijing continues…
Iron-clad Australia budget crumbles as metal tumbles, Covid hits
Australia’s fiscal coffers are under assault on two fronts as its largest export goes into free-fall while the nation’s biggest cities and swathes of the…
China formally applies to join Asian trade deal Trump abandoned
Beijing has applied to join an Asia-Pacific trade pact once pushed by the U.S. as a way to isolate China and solidify American dominance in…
Ship owner says commodity freight rates close to going parabolic
An owner of commodity hauling freighters said rates for the ships are close to the point of spiking sharply higher and mirroring an unprecedented surge…
August retail sales rise despite ‘trifecta of macroeconomic headwinds’
Retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending, the National Retail Federation said today.
US pork exports spike with swine fever in Dominican Republic
Massive hog culling in the Dominican Republic after the outbreak of a deadly swine disease has led the country to stock up on U.S. pork.
NRF to host inaugural Supply Chain 360 event in 2022
The National Retail Federation today announced its new annual NRF Supply Chain 360 event that will convene the retail industry’s leading professionals in the fields…
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