Robust imports push U.S. trade deficit to record high in March
WASHINGTON – The U.S. trade deficit surged to a record high in March, confirming that trade weighed on the economy in the first quarter and could remain a drag for…
WASHINGTON – The U.S. trade deficit surged to a record high in March, confirming that trade weighed on the economy in the first quarter and could remain a drag for…
SAVANNAH, GA: A North Carolina man has been sentenced to additional time in prison after being convicted of lying during a prior sentencing for conspiring to steal trade secrets from aircraft…
By Andrea Shalal WASHINGTON – All tools are on the table to address rising inflation, including reductions of tariffs on Chinese imports, U.S. Trade Representative Katherine Tai said on Monday,…
NEW YORK – The brief crash in Nordic markets on Monday was due to a single sell order placed by Citigroup, according to two sources familiar with the matter. The…
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Gongda Xue, 52, formerly a resident of Allschwil, Switzerland, a legal permanent resident of Switzerland and citizen of China, was…
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Gongda Xue, 52, a legal permanent resident of Switzerland and citizen of China, was convicted after trial of charges related…
By Dominique Patton BEIJING – The protracted lockdown in Shanghai, China’s financial hub, is slowing the nation’s normally booming meat trade, with stringent COVID-19 measures causing logistics logjams across the…
By Khanh Vu and Elaine Lies HANOI – Japan and Vietnam agreed on Sunday to boost economic and security ties while calling for an end to the war in Ukraine,…
WASHINGTON -Assistant United States Trade Representative (USTR) for African Affairs Constance Hamilton will lead a delegation to Kenya on May 1 to explore opportunities for enhanced trade and investment engagement,…
By Jonathan Saul LONDON – The Port of Antwerp is adapting to losing shipping trade with Russia and its merger with the neighbouring Port of Zeebrugge is set to boost…
By Rajendra Jadhav MUMBAI – Indonesia’s wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at ports and…
WASHINGTON – Fragmentation of the global economy and a retreat from global trade would make countries more vulnerable to production shocks arising from natural disasters and outbreaks of fatal diseases,…
MEXICO CITY – A Mexican law that nationalizes its future lithium industry violates its trade obligations and could prove costly to the government if mining companies seek to recoup losses,…
BRUSSELS – The European Union’s chief executive will seek to increase sales of European military equipment to India and relaunch talks on a free trade deal when she meets India’s…
LAREDO, Texas—U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Laredo Port of Entry seized more than $35 million in alleged methamphetamine in a commercial truck hauling…
WASHINGTON – U.S. Trade Representative Katherine Tai will travel to Britain on Sunday for the second round of trade talks with her British counterpart, trade minister Anne-Marie Trevelyan, her office…
LONDON -Britain ramped up trade sanctions on Russia, targeting luxury goods including caviar, silver and diamonds through import bans and higher tariffs, seeking to punish Moscow for its invasion of…
AHMEDABAD, India – Britain hopes to complete a free trade deal with India by the end of this year, British Prime Minister Boris Johnson said on Thursday as he emphasised…
BEIJING – China’s exports to North Korea surged in January-March with sales of edible oil, wheat flour and pharmaceutical compounds to its reclusive neighbour sky-rocketing after a COVID-induced pause, Chinese…
BRUSSELS – The euro zone suffered a trade deficit for a fourth consecutive month in February as surging energy prices led to a sharp increase in the value of energy…
By Daniel Leussink TOKYO – Japan recorded a trade deficit in March that was more than four times wider than market forecasts, as China-bound exports slowed sharply while soaring energy…
WASHINGTON — Today, U.S. Customs and Border Protection released the Trade and Travel Report: Fiscal Year 2021, which quantifies measures the agency took to protect the American people, safeguard our…
LAREDO, Texas—U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Laredo Port of Entry seized more than $3 million in alleged cocaine in a commercial truck containing…
By Kanishka Singh WASHINGTON – A Chinese national has been sentenced to 29 months in prison after pleading guilty in January to conspiring to steal trade secrets from agricultural company…
By Jonathan Saul LONDON – The risk of coming across floating mines in the major Black Sea shipping route is adding to perils for merchant ships sailing in the region,…