Britain eyes trade agreements with California, Utah
By Andrea Shalal WASHINGTON (Reuters) – Britain this week inked an agreement aimed at boosting trade and investment with South Carolina, its third such deal …
Trade
Trade panel sides with Mexico, Canada in auto rules dispute, Mexico says
MEXICO CITY (Reuters) – A dispute panel under a regional trade pact has sided with Mexico and Canada against the United States in a disagreement …
Argentina urges EU to renegotiate South American trade pact – FT
(Reuters) – Argentina President Alberto Fernandez has asked the European Union to renegotiate a landmark trade deal with South America, saying the agreement is unbalanced …
Uruguay’s free-trade deal ambitions rattle South American trade bloc
By Fabian Werner MONTEVIDEO (Reuters) – South America’s major Mercosur trade bloc, which includes regional powerhouses Brazil and Argentina, has been rattled by one of …
Trade restrictions are increasing, especially on food -WTO
GENEVA (Reuters) – The World Trade Organization said in a report on Tuesday that countries were introducing trade restrictions at an increased pace, particularly on …
Intended U.S. Candidate for the WCO SG Connects with Customs and Trade Stakeholders in Lima, Peru
Saunders and Ambassador Kenna pause for a photo with staff from the Embassy and guests from Am Cham In November 2022, intended U.S. candidate for …
China’s trade likely shrank further in November as external, local demand weakened: Reuters poll
BEIJING (Reuters) – China’s exports and imports likely contracted further in November due to weakening global demand, production disruptions and waning demand at home amid …
French minister hails U.S. talks as ‘turning point’ to avert trade war
By Michel Rose WASHINGTON (Reuters) – French President Emmanuel Macron’s discussions with U.S. President Joe Biden have resulted in a “major breakthrough” to avert a …
Brazil posts record trade surplus for November boosted by sales to China
BRASILIA (Reuters) – Brazil posted a record trade surplus for November, official data showed on Thursday, driven by booming exports, with emphasis on sales to …
German parliament votes to ratify CETA trade agreement with Canada
BERLIN (Reuters) – Germany’s Bundestag lower house of parliament voted by a majority on Thursday to back the ratification of the European Union’s free trade …
U.S. goods trade deficit widens sharply in October
WASHINGTON (Reuters) – The U.S. trade deficit in goods widened sharply in October as exports declined amid slowing global demand and a strong dollar. The …
WTO says trade growth likely to slow as demand weakens
GENEVA (Reuters) – The World Trade Organization said on Monday that its goods barometer had fallen below trend, indicating that trade growth was set to …
India’s central bank approves 12 ‘vostro’ accounts for rupee trade – official
NEW DELHI (Reuters) – India’s central bank has given approval to banks to open 12 special “vostro accounts” for trade in rupees with trading partners, …
India, UAE central banks discuss rupee-dirham trade prospects -official
By Shivangi Acharya NEW DELHI (Reuters) – The central banks of India and the United Arab Emirates are discussing a potential mechanism to trade in …
Netherlands in talks with U.S. on China chip policy – Dutch trade minister
AMSTERDAM (Reuters) – Dutch trade minister Liesje Schreinemacher said on Friday the Netherlands is in talks with the U.S. government about new export restrictions for …
Germany to emerge from crisis stronger with new trade, energy policies – Scholz
BERLIN (Reuters) – Germany is strong enough to weather the crisis caused by Russia’s invasion of Ukraine and emerge stronger from it thanks a new …
Israel announces first step towards free trade pact with Japan
JERUSALEM (Reuters) – Israel has agreed to open contacts with Japan aimed at reaching a free trade agreement that could lift bilateral trade valued at …
India expects bilateral trade with Australia to exceed $45 billion in 5 years
NEW DELHI (Reuters) – India expects total bilateral trade with Australia of around $45 billion to $50 billion over the next 5 years, a trade …
India’s HDFC Bank, Canara Bank get approval for rupee trade with Russia – report
BENGALURU (Reuters) – India’s central bank has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro account” for trade in rupees …
U.S., South Korean trade officials discuss Inflation Reduction Act at APEC -U.S. statement
WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai acknowledged Seoul’s concerns with the U.S. Inflation Reduction Act during a meeting with South Korea’s Trade Minister …
Top U.S., Chinese trade officials discuss bilateral trade at APEC – U.S. statement
(Reuters) – U.S. Trade Representative Katherine Tai and Chinese Commerce Minister Wang Wentao discussed bilateral trade in a meeting on the sidelines of the Asia-Pacific …
Value of Russia-China energy trade up 64%, deputy PM says
(Reuters) – Russia’s energy exports to China have increased in value by 64% this year, and by 10% in volume as Moscow redirects shipments towards …
Top U.S., Japanese trade officials discuss electric vehicle tax credits -U.S. statement
WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai and Japanese industry minister Yasutoshi Nishimura discussed new U.S. electric vehicle tax credits during a meeting on …
Spain’s Jan-Sep trade deficit widens four-fold on energy prices
MADRID (Reuters) – Soaring energy prices pushed Spain’s trade deficit in the first nine months of the year to widen four-fold from the same period …
Trade in European bond markets held up well in turbulent year – officials
By Dhara Ranasinghe BRUSSELS (Reuters) – High inflation and aggressive central bank rate hikes have created challenging conditions for government bond markets, but the ease …
Bixby Man Sentenced to Serve Five Years in Federal Prison for Conspiracy to Steal Trade Secrets from Oklahoma City Oil and Gas Company
OKLAHOMA CITY – Yesterday, JOSHUA DECKER, 37, of Bixby, Oklahoma, was sentenced to serve 60 months in federal prison for conspiracy to steal trade secrets, …
Analysis-Investors expand footprint in commodity trade finance as banks retreat
By Julia Payne, Pratima Desai and Peter Hobson LONDON (Reuters) – Hedge funds have stepped up financing of trade in commodities such as oil, gas, …
Canada September wholesale trade up 0.1% on pharmaceuticals
Nov 15 (Reuters) – Canadian wholesale trade increased by 0.1% in September from August on the higher sales in the personal and household goods subsector, …
Factbox-Australia, China diplomacy from free trade to freeze
SYDNEY (Reuters) – 2015 – China, Australia free trade agreement begins in December. 2016 – Strategic partnership agreement struck for annual meetings between Australia’s prime …
China refiners slow down Russian oil purchases as sanctions near – trade
By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) – Chinese refiners are slowing down Russian crude purchases in December and paying lower premiums in the …
Indonesia Oct trade surplus seen at $4.5 billion as global trade weakens- Reuters poll
JAKARTA (Reuters) – Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a …
British trade minister visits Washington
LONDON (Reuters) – British trade minister Kemi Badenoch will visit Washington on Monday to meet politicians and address business representatives to try to boost ties …
Trade and security on agenda for Xi visit to Saudi Arabia – Saudi minister
By Aidan Lewis and Sarah El Safty SHARM EL-SHEIKH, Egypt (Reuters) – Strengthening trade ties and regional security will be priorities in an upcoming visit …
EU in talks with U.S. over new IRA law trade issues
BERLIN (Reuters) – The United States is possibly discriminating against European companies through its new Inflation Reduction Act (IRA) law, an EU industry chief said …
U.S. trade deficit widens in September
WASHINGTON(Reuters) – The U.S. trade deficit widened sharply in September, likely as a strong dollar and softening global demand weighed on exports. The Commerce Department …
Venezuela and Colombian presidents discuss trade, human rights
By Deisy Buitrago and Mayela Armas CARACAS (Reuters) – The presidents of Colombia and Venezuela held their first bilateral meeting in the Venezuelan capital, Caracas, …
Brazil’s trade surplus comes lower than expected in October
BRASILIA (Reuters) – Brazil’s trade surplus in October was lower than forecast, even though exports grew faster than imports for the first time since February, …
U.S., Ecuador agree to establish fair trade working group
WASHINGTON (Reuters) – The United States and Ecuador have agreed to establish a fair trade working group and explore potential negotiations on labor, environment, and …
Israel, Bahrain hope to seal free trade deal by end of year
JERUSALEM (Reuters) – Israel and Bahrain hope to seal a free trade agreement before the end of the year, officials from both countries said on …
Britain prioritising India trade deal but can’t give timeline, minister says
By Krishna N. Das NEW DELHI (Reuters) – Britain is prioritising reaching a free-trade agreement with India, its foreign minister told Reuters on Saturday in …
China coal trade disrupted by COVID outbreaks as winter looms
By Muyu Xu SINGAPORE (Reuters) – China’s strict COVID-19 policy is constraining coal supplies and pushing up prices, industry officials and traders say, just weeks …
Taiwan Q3 GDP seen growing 3.2%, struggling against trade headwinds
TAIPEI (Reuters) – Taiwan’s economy likely expanded slightly faster in the third quarter compared to the prior quarter but at an anaemic pace due to …
Mexican craft beer to gain ground despite soaring costs, says trade group
MEXICO CITY (Reuters) – Mexico’s craft beer industry should grow by over 10% this year, the country’s brewing association ACERMEX said on Friday, even as …
Cuba calls U.S. trade embargo a ‘hurricane’ that never ends
HAVANA (Reuters) – Cuba on Wednesday said the decades-old U.S. trade embargo has been causing record financial losses and untold human suffering in recent months, …
Kia shares edge up in choppy trade after booking extra $1.1 billion provision
SEOUL (Reuters) -Shares of South Korea’s Kia Corp reversed losses and edged up on Wednesday after the automaker said on Tuesday that its third-quarter earnings …
U.S. Treasury’s Adeyemo heads to APEC meeting with focus on trade, ‘resilience’
WASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Asia this week for a two-day meeting with finance ministers from the Asia-Pacific …
No consensus yet on China joining regional trade pact – Singapore PM
SYDNEY (Reuters) – Singapore’s Prime Minister Lee Hsien Loong said on Tuesday there is no consensus yet for China to join a trans-Pacific trade pact, …
Indonesia Sept trade surplus seen at $4.8 billion as exports slow – Reuters Poll
JAKARTA (Reuters) – Indonesia’s trade surplus likely remained elevated in September, albeit below the level recorded in the previous month, amid a slowdown in export …
Euro zone posts record trade deficit in August amid soaring energy prices
BRUSSELS (Reuters) – The euro zone posted in August its largest trade deficit since it expanded to 19 countries in 2015, as high energy prices …
Greg Hands appointed as UK junior trade minister
(Reuters) -British lawmaker Greg Hands was appointed minister of state for trade, the prime minister’s office said in a statement on Sunday. “An honour and …