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 …
Trade
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- Department of Justice Press Releases
North Carolina man sentenced to additional prison time after lying during sentencing in previous case involving theft of company’s trade secrets
by DOJ Pressby DOJ PressSAVANNAH, 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 …
- Financial News
U.S. trade chief Tai says all tools on table to beat inflation, tariffs not top of list
by Reutersby ReutersBy 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, …
- Financial News
Exclusive-Citi behind trade that caused brief crash in European markets -sources
by Reutersby ReutersNEW 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 …
- Department of Justice Press Releases
Swiss Scientist Convicted by Federal Jury of Conspiracy to Steal Trade Secrets Belonging to GlaxoSmithKline
by DOJ Pressby DOJ PressPHILADELPHIA – 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 …
- Department of Justice Press Releases
Former GlaxoSmithKline Scientist Convicted by Federal Jury of Stealing Trade Secrets to Benefit Chinese Pharma Company
by DOJ Pressby DOJ PressPHILADELPHIA – 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 …
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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 …
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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, …
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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, …
- Financial News
Port of Antwerp overcoming loss of Russian shipping export trade -CEO
by Reutersby ReutersBy 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 …
- Financial News
Indonesia export ban traps 290,000 T of palm oil shipments for India -trade
by Reutersby ReutersBy 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 …
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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, …
- Financial News
Business group blasts Mexico’s new lithium law as violating trade deal
by Reutersby ReutersMEXICO 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, …
- Top HeadlinesUS and World News
EU chief to seek closer military, trade and tech ties on India visit
by Reutersby ReutersBRUSSELS – 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 …
- Conservative TimesUS and World News
CBP Officers Seize $35.2 Million in Methamphetamine at Laredo’s World Trade Bridge
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 …
- Financial News
U.S. trade representative Tai to travel to Britain for continued talks
by Reutersby ReutersWASHINGTON – 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 …
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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 …
- Financial News
PM Johnson: UK hopes to clinch Indian free trade deal by year-end
by Reutersby ReutersAHMEDABAD, 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 …
- Financial News
China exports to North Korea surge with edible oil, wheat flour in demand as trade resumes
by Reutersby ReutersBEIJING – 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 …
- Financial News
Euro zone trade deficit extends to Feb as energy import burden rises
by Reutersby ReutersBRUSSELS – 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 …
- Financial News
Japan posts trade gap far wider than forecasts as China exports slow, energy imports soar
by Reutersby ReutersBy 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 …
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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 …
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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 …
- Top HeadlinesUS and World News
Chinese national sentenced to U.S. prison after pleading guilty to stealing trade secrets
by Reutersby ReutersBy 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 …
- Financial News
Floating mines in Black Sea endangering grain, oil trade – officials
by Reutersby ReutersBy 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, …