French PM Borne invites trade unions for talks May 16 and May 17
PARIS (Reuters) – French Prime Minister Elisabeth Borne has invited trade unions for bilateral meetings on May 16 and May 17, as the government seeks …
Trade
US trade deficit narrows sharply in March as exports rise
WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in March as exports increased, which could position trade to continue contributing to economic growth in …
Exclusive-India, Russia suspend negotiations to settle trade in rupees -sources
By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI (Reuters) – India and Russia have suspended efforts to settle bilateral trade in rupees, after months of …
Vanda Pharmaceuticals sues U.S. government over drug trade secrets
By Blake Brittain (Reuters) – Vanda Pharmaceuticals Inc has sued the federal government in Washington, D.C., federal court over accusations that the U.S. Food and …
Normalising China-Australia trade will take more than a political fix
By Lewis Jackson and Muyu Xu SYDNEY (Reuters) – More than three years since China first blocked a range of Australian imports in a political …
U.S. trade consultations on Mexico’s GMO corn rule ‘unacceptable violation’ of law – Mexican official
By Adriana Barrera MEXICO CITY (Reuters) – Trade consultations requested by the United States on Mexico’s plan to limit the use of genetically modified corn …
Ex-CFO gets 3 years prison for stealing from SPACs to trade meme stocks, cryptocurrencies
By Luc Cohen NEW YORK (Reuters) – A former chief financial officer of multiple special purpose acquisition companies (SPACs) was sentenced to three years in …
UAE and Cambodia agree terms for bilateral trade deal
DUBAI (Reuters) – The United Arab Emirates (UAE) and Cambodia have agreed on the terms of a bilateral trade deal, as the Gulf state looks …
U.S. goods trade deficit narrows sharply in March; retail inventories rise
WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed sharply in March as exports surged and imports declined, which augurs well for economic growth …
Explainer-South Korea’s nuclear dilemma: Would U.S. trade Seattle for Seoul?
By David Brunnstrom WASHINGTON (Reuters) – At a summit with South Korean leader Yoon Suk Yeol on Wednesday, U.S. President Joe Biden will seek to …
US-led IPEF does not conflict with other trade pacts -USTR’s Tai
TOKYO (Reuters) – U.S. Trade Representative Katherine Tai said on Tuesday the Biden administration’s signature Asian engagement project called the IPEF is designed to create …
Philippines’ Marcos may discuss Taiwan in U.S but trade tops agenda – envoy
By Poppy McPherson and Karen Lema (Reuters) – Philippine President Ferdinand Marcos Jr may discuss tensions over Taiwan with U.S counterpart Joe Biden at the …
Brazil hopes for conclusion to EU-Mercosur trade deal this year
By Catarina Demony LISBON (Reuters) – Brazil hopes the Mercosur trade deal with the European Union (EU) will be concluded this year, a government official …
Tech earnings to test markets’ ‘most crowded’ trade
By David Randall NEW YORK (Reuters) – A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in …
Global wine trade hits record-high value but volumes fall
PARIS (Reuters) – The global wine trade reached record-high value last year, supported by a sharp rise in prices, but the amount of wine sold …
Germany, Italy push euro zone into trade surplus in Feb
BRUSSELS (Reuters) – The euro zone swung to a trade surplus in February from a deficit a year earlier, non-adjusted data showed on Thursday, mainly …
Italy posts trade surplus in February as energy import prices fall
(Reuters) – Italy’s trade balance with the rest of the world swung to a surplus in February from a deficit a year earlier thanks mainly …
China’s largest trade fair to re-open in full glory but mood could be sombre
By David Kirton and Ellen Zhang SHENZHEN, China (Reuters) – China’s largest trade expo, the sprawling Canton Fair, will be welcoming overseas attendees in person …
EU urges firm results, green alliance from US trade talks
BRUSSELS (Reuters) – The United States and the European Union need to produce clear results next month from their forum on trade and technology and …
China’s trade likely extended declines in March on weak demand: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s exports and imports likely extended their declines in March, a Reuters poll showed on Wednesday, as weakening global …
Mexico to probe GM corn impact on tortillas amid US trade dispute
MEXICO CITY (Reuters) – Mexican authorities announced Monday a working group will investigate the impact of genetically modified (GM) corn imports on the country’s tortillas, …
U.S. trade deficit widens in February as goods exports fall
WASHINGTON (Reuters) – The U.S. trade deficit widened more than expected in February as exports of goods declined, suggesting that trade could drag on economic …
WTO sees “subpar” 2023 trade growth with multiple risks
GENEVA (Reuters) – The World Trade Organization raised its forecast for global trade growth this year, but still predicted a slowdown and warned of risks …
G7 trade ministers hold first meeting of year amid global trade tension
TOKYO (Reuters) – The trade ministers of the Group of Seven (G7) countries held their first meeting of the year via teleconference on Tuesday to …
COAC Trade Advisory Committee Convenes in Sunny Seattle
No rain was in the forecast when the 16th term of U.S. Customs and Border Protection’s trade advisory committee met in Seattle on March 29. …
Brazil posts record trade surplus for March on booming oil, soybean exports
BRASILIA (Reuters) – Brazil posted the highest trade surplus ever recorded for March, driven by solid oil sales, according to government data on Monday. The …
China Renaissance delays results, halts trade citing star dealmaker’s disappearance
By Xie Yu HONG KONG (Reuters) – Boutique investment bank China Renaissance Holdings said it would delay its audited annual results and suspend its stock …
How a massive options trade by a JP Morgan fund can move markets
By Saqib Iqbal Ahmed (Reuters) -A nearly $15 billion JP Morgan fund is expected to reset its options positions on Friday, potentially adding to equity …
Climate change policies should not become trade weapon – Stellantis CEO Tavares says
MILAN (Reuters) – Stellantis CEO Carlos Tavares on Wednesday said climate change policies should not be used to influence global investment decisions. He said such …
Viterra plans to exit Russian grain trade – Bloomberg
PARIS (Reuters) – Global grain trader Viterra is planning to stop grain trading in Russia, the world’s largest wheat exporter, Bloomberg News reported on Wednesday, …
US goods trade deficit widens as exports decline
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit in goods widened modestly in February as exports declined, potentially setting up trade to be …
Kazakhstan tightens controls over trade with Russia
ALMATY (Reuters) – Kazakhstan said on Monday it would require exporters to file additional documents when sending goods to Russia, following reports that Russian companies …
Israel, UAE sign free trade pact into effect
JERUSALEM (Reuters) – Israel and the United Arab Emirates on Sunday signed a free trade pact into effect, reducing or removing tariffs on about 96% …
US trade chief Tai says open to discussions with China
WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai said on Thursday that she is open to trade conversations with Chinese officials, but the Biden administration …
German exporters’ dip in China trade dampens post-lockdown hopes
BERLIN (Reuters) – German exports to China declined significantly in February, dampening hopes of a trade revival following the end of strict coronavirus measures at …
South Korea’s Yoon says Japan will return to trade ‘white list’
By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) – South Korean President Yoon Suk Yeol said on Tuesday he would restore Japan’s fast-track trade status …
Euro zone trade deficit flat in Jan despite increased energy import spend
BRUSSELS (Reuters) – The euro zone trade deficit was little changed in January from a year earlier, with sharply higher cost of energy imports outweighing …
Europe Fires First Shot In ‘Green’ Trade War Against The Biden Admin
Europe Fires First Shot In ‘Green’ Trade War Against The Biden Admin John Hugh DeMastri on March 16, 2023 The European Commission proposed legislation Thursday …
U.S. farm, food groups urge Congress to pass authority for new trade deals
By David Lawder WASHINGTON (Reuters) -More than 50 U.S. agriculture and food groups on Thursday urged Congress to approve new legislation enabling the United States …
Analysis-Chinese suppliers race to Vietnam as COVID let-up opens escape route from Sino-U.S. trade war
By Francesco Guarascio HANOI (Reuters) – Vietnam has enjoyed a wave of investment from China since its neighbour abruptly canned its strict virus-containment strategy and …
Blinken says ‘shares aspiration’ of Ethiopia rejoining U.S. trade programme
ADDIS ABABA (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday he shared Ethiopia’s aspiration to rejoin the African Growth and Opportunity Act …
Philippines posts biggest trade deficit in 5 months
MANILA (Reuters) – The Philippines posted its widest trade deficit in five months for January as exports fell sharply, pointing to a worsening trade balance …
Exclusive-India to discourage foreign trade settlement in Chinese yuan – sources
By Shivangi Acharya, Aftab Ahmed and Neha Arora NEW DELHI (Reuters) – India has asked banks and traders to avoid using Chinese yuan to pay …
India, Australia aim to boost critical mineral trade in broader deal – ministers
NEW DELHI (Reuters) – India and Australia aim to expand trade in critical mineral to help them achieve their goals on reducing carbon emissions, as …
CBP Officers Seize Over $1 Million in Marijuana at World Trade Bridge
LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers assigned to the World Trade Bridge seized marijuana that totaled over $1,000,000 …
EU warms to unlocking stalled Mercosur trade deal
By Philip Blenkinsop STOCKHOLM (Reuters) – The European Union is warming to the idea of concluding a major free trade deal with Brazil and its …
U.S. trade deficit widens moderately in January
WASHINGTON (Reuters) – The U.S. trade deficit widened moderately in January as both imports and exports increased strongly. The trade deficit increased 1.6% to $68.3 …
S. Korea’s trade minister to raise concerns over Chips Act in US meetings
By Heekyong Yang SEOUL (Reuters) – South Korea’s trade minister will meet with counterparts in Washington this week to express concerns that the U.S. Chips …
China’s external environment poses serious challenges to trade – commerce minister
By Joe Cash BEIJING (Reuters) – Pressure on China’s imports and exports will increase significantly this year, Wang Wentao, commerce minister, told a news conference …
Brazil posts lower than expected trade balance in February amid lower exports
BRASILIA (Reuters) -Brazil’s trade surplus for February fell a larger-than-expected 35% from the same month last year as exports, especially of oil, declined, government data …