Ford to Spend $1 Billion in Biggest South Africa Investment
Ford Motor Co. will plow $1.05 billion into a plant in South Africa -- its biggest-ever investment in the country -- as the carmaker scales…
Biden Overrules Trump on UAE Tariff, Keeping Aluminum Duties
President Joe Biden said he would keep U.S. tariffs in place on aluminum imports from the United Arab Emirates -- reversing a last-minute move by…
EU Presses Biden for Truce on Tariffs Over Metals, Plane Trade
The European Union stepped up a call on the U.S. for a suspension of each side’s tariffs over transatlantic trade in metals and aircraft.
Von Der Leyen Blames EU Trade Chief for Vaccine Export Gaffe
European Commission President Ursula von der Leyen sought to deflect the blame for a humiliating U-turn over vaccine export controls, saying that one of her…
Iraq exports signal that it missed target to lower oil output
Iraq’s crude oil exports were nearly unchanged in January, meaning the nation may have failed to meet its pledge to cut overall output to the…
Graves Announces Subcommittee Ranking Members for the 117th Congress
Transportation and Infrastructure Committee Ranking Member Sam Graves (R-MO) today announced the Ranking Members of the panel’s six subcommittees for the 117th Congress.
India imposes duty on cotton imports to support farmers
India, the world’s biggest cotton grower, imposed a 10% duty on imports of the fiber to help farmers, Finance Minister Nirmala Sitharaman said in her…
White-sugar spread near record high on container shortage worry
White-sugar spreads were near a record high as a shipping container shortage increased demand for break-bulk supplies delivered though the exchange.
Biden to focus on trade enforcement after years of Trump tariffs
President Joe Biden’s administration is setting up its trade policy to prioritize enforcement of existing commitments by the U.S.’s partners over negotiating more deals to…
U.K. to launch formal bid to join Transpacific trading bloc
The U.K. will formally request to join an 11-member transpacific trading bloc Monday, with negotiations expected to start later this year.
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