Argentina halts beef exports for 30 days to contain prices
Argentina’s government is limiting exports of beef, a staple in the country, in the latest unorthodox move to try to contain runaway inflation that’s approaching…
Senate moves forward with bill aimed at countering China’s rise
The Senate voted to move ahead with a bill that would jump-start U.S. research and development with a cash infusion of more than $100 billion…
China steps up efforts to join trade pact created to exclude it
China is pushing ahead with behind-the-scenes talks to join a major trade deal that originally aimed to exclude Beijing and cement U.S. economic power and…
Rubio wants more guardrails for research funds in China bill
Senator Marco Rubio has proposed an amendment to a broad package of legislation to counter China that aims to shield research and development boosted by…
Treasury targets central bank leader in new Myanmar sanctions
The U.S. Treasury Department issued a new round of sanctions against people involved in Myanmar’s February coup, including the governor of the nation’s central bank,…
Joint United States – European Union statement on addressing global steel and aluminum excess capacity
United States Trade Representative Katherine Tai, U.S. Secretary of Commerce Gina M. Raimondo, and European Commission Executive Vice President Valdis Dombrovskis today announced the start…
EU, U.S. reach truce on metal tariffs ahead of Biden visit
The European Union agreed to avoid escalating its dispute with the U.S. over metal tariffs, sparing iconic products such as bourbon whiskey and Harley Davidson…
China’s recovery remains unbalanced as retail spending lags
China’s recovery remained unbalanced in April, with industrial output and investment buoyed by strong exports and a hot property market, while retail sales missed forecasts.
Biden infrastructure plan’s chances gain as GOP readies offer
President Joe Biden’s prospects for passing a major infrastructure bill through Congress with bipartisan support -- seen unlikely in the wake of his Democrat-only pandemic-relief…
The world economy is suddenly running low on everything
‘It is anything but efficient or normal.’ Surging corporate demand is upending global supply chains.
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