India looks to lure more than 1,000 US companies out of China
India is seeking to lure U.S. businesses, including medical devices giant Abbott Laboratories, to relocate from China as President Donald Trump’s administration steps up efforts…
Free trade to help Africa rebuild after virus, even if delayed
The first commerce under an Africa-wide free-trade pact will provide new stimulus to countries on the continent to overcome the economic damage of the coronavirus,…
Australia’s trade surplus swells to record as export prices soar
Australia’s trade windfall increased to a new high as prices and volumes of commodities like iron ore surged, boosting the economy as it headed into…
US International trade in goods and services, March 2020
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Nigeria cocoa exports stalled over Covid-19 safety protocols
Health protocols introduced by Nigerian authorities to curb the spread of the Covid-19 disease have delayed cocoa exports, leaving at least 30,000 tons stranded at…
US trade plummeted in March with record drop in exports
U.S. exports of goods and services plunged in March by a record and imports declined by the most in 11 years as the coronavirus pandemic…
Canadian trade gap widens in March on falling oil, auto exports
Canadian exports plunged 4.7% in March to a more than two-year low as oil prices collapsed and the coronavirus pandemic shut down economies across the…
Food panic recedes for now as nations row back export curbs
The wave of protectionist measures on agricultural goods that emerged as the coronavirus spread around the world has already begun to recede.
US targets expiring Iran arms embargo at eisk of angry allies
The Trump administration is escalating tensions with allies as it seeks to renew a UN arms embargo on Iran that’s set to expire this year,…
Palm oil imports by no. 1 buyer seen tumbling to nine-year low
Palm oil purchases by India will probably plummet to the lowest level in nine years as the closing of restaurants and hotels to contain the…
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