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Trade

Mexico urges against migrant-related US border closures hurting trade

September 21, 2023

MEXICO CITY (Reuters) -Mexico’s foreign ministry urged U.S. authorities on Thursday not to take “unilateral measures” complicating trade at the border with the United States, …

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South Korea asks US to resolve chip trade issues

September 21, 2023
South korea asks us to resolve chip trade issues - photo licensed by shore news network.

SEOUL (Reuters) – South Korea on Friday said it has asked the United States to resolve uncertainties regarding U.S. export controls in the chip sector …

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China, EU to hold high-level economic and trade dialogue in Beijing

September 21, 2023
China, eu to hold high-level economic and trade dialogue in beijing - photo licensed by shore news network.

BEIJING (Reuters) – The 10th China-EU High-Level Economic and Trade Dialogue will be held in Beijing on Sept. 25, the Chinese commerce ministry said on …

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South Africa to host US-Africa trade summit despite Russia spat

September 20, 2023September 20, 2023
South africa to host us-africa trade summit despite russia spat - photo licensed by shore news network.

JOHANNESBURG (Reuters) – South Africa will host a U.S.-Africa trade summit in November despite an earlier call by U.S. lawmakers for the event to be …

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China EV adviser sees tech tie-ups resolving EU trade conflicts

September 18, 2023September 18, 2023
China ev adviser sees tech tie-ups resolving eu trade conflicts - photo licensed by shore news network.

SHANGHAI (Reuters) – China’s auto industry should seek solutions to trade conflicts by deepening ties with European peers via technology partnerships, a Chinese policy adviser …

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UK manufacturing trade body cuts outlook for 2023

September 17, 2023September 17, 2023
Uk manufacturing trade body cuts outlook for 2023 - photo licensed by shore news network.

By Suban Abdulla LONDON (Reuters) – Britain’s main manufacturing trade body on Monday cut its forecast for the sector’s growth for this year and next, …

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CBP officers seize $9.9 million in marijuana at World Trade Bridge

September 16, 2023

LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers assigned to the World Trade Bridge this week seized more than two …

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Canada trade minister is postponing a planned trade mission to India

September 15, 2023
Canada trade minister is postponing a planned trade mission to india - photo licensed by shore news network.

By Steve Scherer OTTAWA (Reuters) – Canadian Trade Minister Mary Ng is postponing a trade mission to India planned for October, an official said on …

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Euro zone swings to trade surplus y/y in July

September 15, 2023September 15, 2023
Euro zone swings to trade surplus y/y in july - photo licensed by shore news network.

BRUSSELS (Reuters) – The euro zone swung to an unadjusted 6.5 billion euro trade surplus in July from a 36.3 billion euro deficit a year …

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Indonesia’s August trade surplus seen widening to $1.55 billion – Reuters poll

September 13, 2023
Indonesia's august trade surplus seen widening to $1. 55 billion - reuters poll - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s trade surplus in August likely widened slightly from a month earlier amid falling imports, even as exports were expected to remain …

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China, Venezuela sign agreements on economy, trade, tourism

September 13, 2023September 13, 2023
China, venezuela sign agreements on economy, trade, tourism - photo licensed by shore news network.

BEIJING (Reuters) -Chinese President Xi Jinping and Venezuelan counterpart Nicolas Maduro have signed bilateral cooperation agreements in areas such as economy, trade and tourism, state …

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WTO sees signs of fragmented trade, but no de-globalisation

September 12, 2023
Wto sees signs of fragmented trade, but no de-globalisation - photo licensed by shore news network.

GENEVA (Reuters) – Global tensions have started to fragment trade as rival trading relationships form, the World Trade Organization (WTO) said on Tuesday, but argued …

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Indonesia proposes critical minerals trade deal with US

September 7, 2023September 7, 2023
Indonesia proposes critical minerals trade deal with us - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia has asked the United States to begin talks on a trade deal for critical minerals so that exports from the Southeast …

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Marketmind: Brittle markets brace for China trade blues

September 6, 2023September 6, 2023
Marketmind: brittle markets brace for china trade blues - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set to …

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Brazil records trade surplus of nearly $9.8 billion in August

September 1, 2023

BRASILIA (Reuters) – Brazil posted a trade balance of of $9.767 billion in August, government data showed on Friday, above market estimates for a balance …

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Australia, EU to resume talks on free trade deal on Thursday

August 30, 2023August 30, 2023
Australia, eu to resume talks on free trade deal on thursday - photo licensed by shore news network.

By Kirsty Needham SYDNEY (Reuters) – Australia and the European Union will resume free trade talks on Thursday with a teleconference between Australia’s Trade Minister …

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Mercosur reply on EU trade to be ready in September, Brazil minister tells farm caucus

August 29, 2023
Mercosur reply on eu trade to be ready in september, brazil minister tells farm caucus - photo licensed by shore news network.

BRASILIA (Reuters) – South American trade bloc Mercosur will have its counterproposal to a European Union addendum to their long-overdue trade accord ready in September, …

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Trump, Biden policies shifted trade from China at a cost, study shows

August 26, 2023August 26, 2023
Trump, biden policies shifted trade from china at a cost, study shows - photo licensed by shore news network.

By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – U.S. trade has shifted away from China due to policies enacted by the Biden and Trump administrations, …

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CBP officers seize over $910K in cocaine at World Trade Bridge

August 25, 2023

LAREDO, Texas—U.S. Customs and Border Protection, Office of Field Operations officers assigned to the World Trade Bridge seized cocaine that totaled over $910,000 in street …

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China Evergrande says resumption guidance fulfilled, shares set to trade next week

August 25, 2023
China evergrande says resumption guidance fulfilled, shares set to trade next week - photo licensed by shore news network.

(Reuters) – Embattled property developer China Evergrande Group said on Friday it has “adequately” fulfilled the resumption guidance issued by the Hong Kong Stock Exchange …

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Chinese minister says India free to join RCEP trade bloc

August 25, 2023August 25, 2023
Chinese minister says india free to join rcep trade bloc - photo licensed by shore news network.

NEW DELHI (Reuters) – India is free to join the Regional Comprehensive Economic Partnership (RCEP), China’s Vice Commerce Minister Wang Shouwen said on Friday in …

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Canada July wholesale trade most likely rose 1.4% -Statscan flash estimate

August 25, 2023
Canada july wholesale trade most likely rose 1. 4% -statscan flash estimate - photo licensed by shore news network.

OTTAWA (Reuters) – Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in the motor vehicle and motor …

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U.S., China set for talks as they bring trade closer to shores

August 25, 2023August 25, 2023
U. S. , china set for talks as they bring trade closer to shores - photo licensed by shore news network.

By Joe Cash and Kripa Jayaram (Reuters) – U.S. Commerce Secretary Gina Raimondo visits China from Sunday to shore up ties between two global superpowers …

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China looks forward to discussions with US commerce chief as trade flows slow

August 24, 2023August 24, 2023

By Joe Cash BEIJING (Reuters) -China is looking forward to in-depth discussions with the United States on resolving economic and trade issues when its commerce …

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Australia wants EU investment in critical minerals, but first a free trade agreement

August 24, 2023August 24, 2023
Australia wants eu investment in critical minerals, but first a free trade agreement - photo licensed by shore news network.

By Lewis Jackson and Kirsty Needham SYDNEY (Reuters) – Australia’s Trade Minister Don Farrell has dangled easier access to the country’s vast critical minerals sector …

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Biden Admin Removes Dozens Of Chinese Companies From Trade Blacklist Same Day Top Official Announces Beijing Visit

August 22, 2023

Biden Admin Removes Dozens Of Chinese Companies From Trade Blacklist Same Day Top Official Announces Beijing Visit Jake Smith on August 22, 2023 The Biden …

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Worker strike at South32’s Appin mine extended by a week – trade union

August 21, 2023August 21, 2023
Worker strike at south32's appin mine extended by a week - trade union - photo licensed by shore news network.

(Reuters) – Australian trade union Collieries’ Staff and Officials Association (CSOA) said on Tuesday its members voted to extend their work stoppage at diversified miner …

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Euro zone swings into trade surplus in June as Russia imports plummet

August 17, 2023
Euro zone swings into trade surplus in june as russia imports plummet - photo licensed by shore news network.

BRUSSELS (Reuters) – The euro zone swung back into a large trade surplus in June from a similar size deficit 12 months earlier, as imports …

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US to escalate claim that Mexico corn policy violates trade pact -Bloomberg News

August 17, 2023
Us to escalate claim that mexico corn policy violates trade pact -bloomberg news - photo licensed by shore news network.

(Reuters) – The United States is preparing to escalate its complaint that Mexico’s ban on genetically modified corn violates the neighbours’ free-trade deal, Bloomberg News …

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JPMorgan, US Virgin Islands trade accusations over Epstein

August 15, 2023
Jpmorgan, us virgin islands trade accusations over epstein - photo licensed by shore news network.

NEW YORK (Reuters) – JPMorgan Chase and the U.S. Virgin Islands traded new accusations this week in legal filings over their relationships with the late …

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Indonesia’s July trade surplus narrows more than expected

August 15, 2023
Indonesia's july trade surplus narrows more than expected - photo licensed by shore news network.

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s trade surplus shrank more than expected in July to $1.31 billion, as imports contracted less …

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Shares of China’s Country Garden rise more than 7% in early trade

August 14, 2023August 14, 2023
Shares of china's country garden rise more than 7% in early trade - photo licensed by shore news network.

HONG KONG (Reuters) – Shares of Country Garden rose more than 7% on Tuesday, recovering some ground after the stock plunged a day earlier as …

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Indonesia’s July trade surplus seen narrowing to $2.5 billion: Reuters poll

August 14, 2023
Indonesia's july trade surplus seen narrowing to $2. 5 billion: reuters poll - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s exports and imports likely continued a decline on a yearly basis in July amid weakening global trade, with its trade surplus …

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Construction of new non-intrusive inspection system will commence at World Trade Bridge

August 9, 2023

 LAREDO, Texas—U.S. Customs and Border Protection, Office of Field Operations, Laredo Port of Entry is announcing upcoming construction in the pre-primary inspection area of World …

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Biden signs law implementing first part of U.S. trade pact with Taiwan

August 7, 2023August 7, 2023
Biden signs law implementing first part of u. S. Trade pact with taiwan - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. President Joe Biden signed legislation on Monday implementing the U.S. and Taiwan’s “21st Century” trade initiative and issued a statement saying …

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Key trade loophole keeps cheap Chinese products flowing to US

August 4, 2023
Key trade loophole keeps cheap chinese products flowing to us - photo licensed by shore news network.

By Katherine Masters NEW YORK (Reuters) – The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a …

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Mexico says trade deal does not apply in Grupo Mexico mine labor dispute

August 1, 2023August 1, 2023
Mexico says trade deal does not apply in grupo mexico mine labor dispute - photo licensed by shore news network.

By Daina Beth Solomon MEXICO CITY (Reuters) -A labor dispute at Grupo Mexico’s San Martin mine in Mexico’s Zacatecas state, where the U.S. raised concerns …

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Marketmind: US macro ‘pain trade’ bites

August 1, 2023August 1, 2023
Marketmind: us macro 'pain trade' bites - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A double dose of the …

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How hedge funds would trade global real estate woes

July 26, 2023
How hedge funds would trade global real estate woes - photo licensed by shore news network.

By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Property markets knocked by high interest rates and the end of cheap financing have caught …

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Analysis-Dollar slump, overcrowding complicate popular FX carry trade

July 26, 2023July 26, 2023
Analysis-dollar slump, overcrowding complicate popular fx carry trade - photo licensed by shore news network.

By Harry Robertson, Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – A slide in the dollar and signs that volatility is returning to foreign exchange …

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Sri Lanka aims to complete free trade talks with Thailand by February

July 25, 2023July 25, 2023
Sri lanka aims to complete free trade talks with thailand by february - photo licensed by shore news network.

COLOMBO (Reuters) – Sri Lanka plans to complete free trade talks with Thailand by February and sign an agreement in March, Sri Lanka’s cabinet spokesperson …

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Mexico hit by trade arbitration proceedings from Canadian, US firms

July 22, 2023

MEXICO CITY (Reuters) – Mexico has been hit with three sets of trade arbitration proceedings in the past few days, according to the International Centre …

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Brazil’s Lula to issue counter-proposal on Mercosur trade deal in 2-3 weeks

July 19, 2023
Brazil's lula to issue counter-proposal on mercosur trade deal in 2-3 weeks - photo licensed by shore news network.

By Catarina Demony and Andrew Gray (Reuters) -Brazilian President Luiz Inacio Lula Da Silva said on Wednesday he will send the European Union a counter-proposal …

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Trans-Pacific trade pact members gathering information on aspiring joiners

July 16, 2023July 16, 2023

By Lucy Craymer AUCKLAND (Reuters) -Members of a major trans-Pacific trade pact said on Sunday they were gathering information on China, Taiwan and other countries …

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EU, Mercosur see little trade deal progress at inter-region summit

July 14, 2023July 14, 2023
Eu, mercosur see little trade deal progress at inter-region summit - photo licensed by shore news network.

BRUSSELS (Reuters) – Next week’s summit of leaders from the European Union, Latin America and the Caribbean is unlikely to unlock a proposed EU-Mercosur free …

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Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday -sources

July 14, 2023
Rupee-uae dirham trade mechanism may launch during modi visit saturday -sources - photo licensed by shore news network.

By Nidhi Verma, Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India and the United Arab Emirates may announce the start of a rupee-dirham …

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Ukraine posts trade deficit of $8.97 billion in Jan-May

July 14, 2023July 14, 2023
Ukraine posts trade deficit of $8. 97 billion in jan-may - photo licensed by shore news network.

KYIV (Reuters) – Ukraine’s trade deficit grew to $8.97 billion in the first five months of the year compared with a deficit of about $1 …

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India’s June trade deficit in line with expectations

July 14, 2023July 14, 2023
India's june trade deficit in line with expectations - photo licensed by shore news network.

By Shivangi Acharya and Riddhima Talwani NEW DELHI (Reuters) -India’s merchandise trade deficit in June was in line with expectations at $20.13 billion, according to …

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Euro zone almost eliminates trade deficit in May

July 14, 2023
Euro zone almost eliminates trade deficit in may - photo licensed by shore news network.

BRUSSELS (Reuters) – The euro zone almost eliminated its trade deficit in May, non-adjusted data showed on Friday, as exports of chemicals and machinery picked …

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Divisive China, Taiwan bids to join Pacific trade pact in focus at meet

July 14, 2023

By Lucy Craymer WELLINGTON (Reuters) – Members of a major trans-Pacific trade pact meeting in Auckland on Sunday are set to discuss applications by China …

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