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Tortilla price spike leads Mexico to consider corn imports
Mexico is considering boosting corn imports and capping cooking gas prices as an inflationary spike hits tortilla prices, a staple for the country’s families.
GOP senator scoffs at Trump auto-tariff report as secrecy ends
The U.S. Commerce Department released a report this week on proposed auto tariffs that the Trump administration refused to make public.
US considers whether to take step toward tariffs on Vietnam
The U.S. is discussing whether to move toward imposing tariffs on Vietnam over currency actions that during the Trump era were labeled as unreasonable and…
Russia labeling law cuts off imports of Dom Perignon and Krug
Moet Hennessy halted shipments of Champagnes such as Dom Perignon to Russia amid new rules that now reserve the name for bubbly wines produced locally.
Record semiconductor shipments fuel Taiwan’s export growth
Taiwan’s exports continued to grow in June as exporters kept their factories running even as restrictions aimed at containing an outbreak of Covid-19 weighed heavily…
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US worker aid becomes a casualty as Biden trade authority ends
President Joe Biden’s pledge to refrain from pursuing new trade deals is leaving a key training and assistance program for workers, who the administration says…
Philippine peso slumps to one-year low as import demand surges
The Philippine peso dropped to its lowest level in more than a year amid rising volatility and a spike in imports and oil prices.
Biden’s Asia czar says the US’s standing in Asia has ‘slipped’
The White House’s top official for Asia said America’s position in the region has “slipped” as an assertive China makes advances across the region.
U.K. dodges Brexit auto disaster as Vauxhall plant goes electric
Stellantis NV will convert its lone U.K. car factory to make electric vans, ending months of anguish at an almost 60-year-old plant threatened by the…
Indonesia to import oxygen tanks as health system struggles
Indonesia plans to start importing oxygen tanks as the country battles a fresh wave of coronavirus infections that has overwhelmed its medical system.