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Trade

China says U.S. abusing trade measures with chip export controls

October 8, 2022October 8, 2022
China says u. S. Abusing trade measures with chip export controls - photo licensed by shore news network.

BEIJING (Reuters) – New U.S. export controls targeting Chinese chip manufacturers are an abuse of trade measures and designed to maintain the country’s “technological hegemony”, …

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USTR Tai says Biden administration not swapping trade deals for industrial policy

October 7, 2022
Ustr tai says biden administration not swapping trade deals for industrial policy - photo licensed by shore news network.

By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Friday said the Biden administration has not “sworn off” efforts to liberalize trade …

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Exclusive-Indian car makers propose tax cut on imports in trade deal with Britain

October 7, 2022
Exclusive-indian car makers propose tax cut on imports in trade deal with britain - photo licensed by shore news network.

By Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) – Indian car makers have proposed cutting to 30% the tax rate on imported cars as …

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BUCHAN: Biden Could Kick Off An Energy Trade War … With Ourselves

October 6, 2022October 5, 2022

  BUCHAN: Biden Could Kick Off An Energy Trade War … With Ourselves Samuel Buchan on October 5, 2022 On Oct. 5, the perpetual boogeyman …

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BUCHAN: Biden Could Kick Off An Energy Trade War … With Ourselves

October 6, 2022October 5, 2022
Buchan: biden could kick off an energy trade war … with ourselves - photo licensed by shore news network.

  BUCHAN: Biden Could Kick Off An Energy Trade War … With Ourselves Samuel Buchan on October 5, 2022 On Oct. 5, the perpetual boogeyman …

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U.S. trade deficit lowest in more than a year as imports drop

October 5, 2022
U. S. Trade deficit lowest in more than a year as imports drop - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. trade deficit dropped to its lowest level in more than a year in August as slowing domestic demand amid stiff …

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WTO warns ‘darkened’ trade outlook could deteriorate further

October 5, 2022
Wto warns 'darkened' trade outlook could deteriorate further - photo licensed by shore news network.

GENEVA (Reuters) -The World Trade Organization forecast a slowdown of global trade growth next year as sharply higher energy and food prices and rising interest …

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Turkish trade deficit surges to $10.38 billion in September

October 4, 2022October 4, 2022
Turkish trade deficit surges to $10. 38 billion in september - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkey’s trade deficit leapt 298% year-on-year in September to $10.384 billion, the Trade Ministry said on Tuesday, as surging energy import costs …

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India’s weakening exports slows trade deficit moderation – Barclays

October 4, 2022October 4, 2022
India's weakening exports slows trade deficit moderation - barclays - photo licensed by shore news network.

MUMBAI (Reuters) – India’s large trade deficit is beginning to consolidate, but the weaker exports are prompting a more gradual adjustment than expected, Barclays Bank …

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Elk Grove and Las Vegas Residents Plead Guilty to Conspiring to Violate the U.S. Trade Embargo on Iran

October 3, 2022
Elk grove and las vegas residents plead guilty to conspiring to violate the u. S. Trade embargo on iran - photo licensed by shore news network.

SACRAMENTO, Calif. — Richard Lant, 77, of Las Vegas, Nevada, pleaded guilty today to a conspiracy to export to an embargoed country, Iran, U.S. Attorney …

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Mercedes says comprehensive trade deal with EU could make India an export hub

September 30, 2022September 30, 2022
Mercedes says comprehensive trade deal with eu could make india an export hub - photo licensed by shore news network.

By Aditi Shah NEW DELHI (Reuters) – A comprehensive trade deal between India and the European Union could pave the way for Mercedes-Benz to produce …

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Turkish trade deficit jumps 160% in August -stats institute

September 30, 2022
Turkish trade deficit jumps 160% in august -stats institute - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkey’s foreign trade deficit surged 159.9% year-on-year to $11.19 billion in August, with imports surging 40.4%, data from the Turkish Statistical Institute …

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Costa Rica to suspend tariff benefits for Panamanian products amid trade dispute

September 29, 2022

SAN JOSE (Reuters) -Costa Rica will suspend tariff benefits for Panamanian products, the country’s foreign trade ministry said on Thursday, marking another step in a …

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UK, U.S. trade officials discuss challenges posed by China

September 29, 2022September 29, 2022
Uk, u. S. Trade officials discuss challenges posed by china - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai met Britain’s new trade minister, Kemi Badenoch, on Thursday, and the two discussed addressing challenges posed by …

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WTO chief expects downside revisions in global trade forecast

September 27, 2022September 27, 2022
Wto chief expects downside revisions in global trade forecast - photo licensed by shore news network.

GENEVA (Reuters) – The head of the World Trade Organization told Reuters on Tuesday that she expects that global trade forecasts will be revised lower …

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Sri Lanka looks to revive free trade deal with Singapore

September 27, 2022September 27, 2022
Sri lanka looks to revive free trade deal with singapore - photo licensed by shore news network.

COLOMBO (Reuters) – Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil Wickremesinghe told the city state’s …

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Final Trade Mission Includes Expansion of Global Gateway Initiative in Maryland

September 25, 2022
Final trade mission includes expansion of global gateway initiative in maryland - photo licensed by shore news network.

ANNAPOLIS, MD—Governor Larry Hogan today concluded his economic development mission to Asia—the final trade mission of his time in office—by visiting U.S. servicemembers in Japan at …

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World Trade Bridge CBP Officers Seize Hard Narcotics Worth Over $11.4 Million

September 23, 2022
World trade bridge cbp officers seize hard narcotics worth over $11. 4 million - photo licensed by shore news network.

LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers seized hard narcotics in two enforcement actions that totaled over $11,400,000 in …

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University of Cambridge says it gained from slave trade

September 22, 2022
University of cambridge says it gained from slave trade - photo licensed by shore news network.

By Alistair Smout LONDON (Reuters) – Britain’s University of Cambridge said on Thursday it had benefited from the proceeds of slavery over its history, and …

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Brazil’s Lula expects to reach trade agreement with EU in six months if elected

September 21, 2022
Brazil's lula expects to reach trade agreement with eu in six months if elected - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian presidential candidate Luiz Inacio Lula da Silva said on Wednesday he should reach an agreement on a trade deal between …

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Former Broadcom Engineer Sentenced To Eight Months In Prison For Theft Of Trade Secrets

September 20, 2022
Former broadcom engineer sentenced to eight months in prison for theft of trade secrets - photo licensed by shore news network.

SAN JOSE – Peter Kisang Kim, a former Broadcom Inc. engineer, was sentenced today to eight months in prison for trade secret theft involving Broadcom …

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U.S. trade deal not immediate priority for Britain – PM’s spokeswoman

September 20, 2022
U. S. Trade deal not immediate priority for britain - pm's spokeswoman - photo licensed by shore news network.

LONDON (Reuters) – Britain is not immediately prioritising talks on a free trade deal with the United States, a spokeswoman for Prime Minister Liz Truss …

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U.S., Paraguay discuss ways to deepen trade ties

September 16, 2022

WASHINGTON (Reuters) – Officials from the United States and Paraguay met this week in Washington to discuss ways to deepen trade ties between the two …

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U.S. lifts defense trade restrictions for Cyprus for FY 2023

September 16, 2022

WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken has lifted defense trade restrictions for Cyprus for fiscal year 2023, the State Department said on …

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China-led SCO bloc agrees to expand trade in national currencies

September 16, 2022
China-led sco bloc agrees to expand trade in national currencies - photo licensed by shore news network.

SAMARKAND, Uzbekistan (Reuters) – The leaders of the Shanghai Cooperation Organisation (SCO) agreed on Friday to take steps to increase the use of national currencies …

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EU to seek clearance of trade deals, set rules on raw materials – von der Leyen

September 14, 2022
Eu to seek clearance of trade deals, set rules on raw materials - von der leyen - photo licensed by shore news network.

STRASBOURG (Reuters) – The European Union needs to update its links with reliable countries and key growth areas and secure supply of lithium and rare …

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Putin, Macron trade blame over Ukraine nuclear plant security

September 11, 2022
Putin, macron trade blame over ukraine nuclear plant security - photo licensed by shore news network.

(Reuters) -The presidents of Russia and France held talks on Sunday regarding safety at the Zaporizhzhia nuclear plant in Ukraine, with Vladimir Putin blaming Ukrainian …

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Wilmington Man Sentenced to 5 Years in Federal Prison For Possessing Gun in Furtherance of His Drug Trade

September 9, 2022
Wilmington man sentenced to 5 years in federal prison for possessing gun in furtherance of his drug trade - photo licensed by shore news network.

WILMINGTON, Del. – David C. Weiss, U.S. Attorney for the District of Delaware, announced that a Wilmington man was sentenced on September 7, 2022, to …

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Australian trade surplus shrinks sharply in July

September 7, 2022
Australian trade surplus shrinks sharply in july - photo licensed by shore news network.

SYDNEY (Reuters) – Australia’s trade surplus shrank by more than expected in July as exports of iron ore and coal cooled after a very strong …

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White House: Undermining Northern Ireland agreement will not help U.S.-UK trade talks

September 7, 2022
White house: undermining northern ireland agreement will not help u. S. -uk trade talks - photo licensed by shore news network.

WASHINGTON (Reuters) -White House press secretary Karine Jean-Pierre said on Wednesday any efforts to undermine the Northern Ireland agreement would not create a conducive environment …

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EU, China trade barbs over failed G20 climate talks

September 7, 2022
Eu, china trade barbs over failed g20 climate talks - photo licensed by shore news network.

By Kate Abnett and David Stanway BRUSSELS (Reuters) – The European Union and China are questioning each other’s commitment to fighting climate change, following the …

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China trade surplus with U.S. narrows to $36.77 billion in August

September 7, 2022
China trade surplus with u. S. Narrows to $36. 77 billion in august - photo licensed by shore news network.

BEIJING (Reuters) – China’s trade surplus with the United States narrowed to $36.77 billion in August, from $41.5 billion in July, according to Reuters calculations …

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India’s August trade deficit eases from record levels

September 5, 2022
India's august trade deficit eases from record levels - photo licensed by shore news network.

MUMBAI (Reuters) – India reported on Friday that its trade deficit narrowed slightly to $28.7 billion in August from a record high of $30 billion …

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China’s trade likely lost steam in Aug as demand shrinks – Reuters poll

September 5, 2022
China's trade likely lost steam in aug as demand shrinks - reuters poll - photo licensed by shore news network.

BEIJING (Reuters) – China’s export growth likely lost steam in August amid weakening global demand, while imports were also seen slowing due to sluggish consumption …

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World Trade Bridge CBP Officers Seize $4.2 Million in Cocaine

September 2, 2022
World trade bridge cbp officers seize $4. 2 million in cocaine - photo licensed by shore news network.

LAREDO, Texas—In yet another notable cargo enforcement action, the fourth one thus far this week, U.S. Customs and Border Protection (CBP), Office of Field Operations …

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World Trade Bridge CBP Officers Seize $7.6 Million in Cocaine

September 1, 2022
World trade bridge cbp officers seize $7. 6 million in cocaine - photo licensed by shore news network.

LAREDO, Texas—In two more large cocaine interceptions this week, U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers at Laredo Port of …

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Brazil posts trade surplus of $4.165 billion in August, above expected

September 1, 2022
Brazil posts trade surplus of $4. 165 billion in august, above expected - photo licensed by shore news network.

(Reuters) – Brazil posted an above-expected trade surplus of $4.165 billion in August, government data showed on Thursday, recording growth in exports, but with imports …

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Russia needs higher share of rouble in international trade – PM

August 30, 2022
Russia needs higher share of rouble in international trade - pm - photo licensed by shore news network.

MOSCOW (Reuters) – Russia should increase the rouble’s share in international settlements and gradually move towards stopping using currencies of designated ‘unfriendly’ countries that imposed …

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Indonesia parliament approves membership of China-backed regional trade deal

August 30, 2022
Indonesia parliament approves membership of china-backed regional trade deal - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s parliament on Tuesday passed a law cementing the country’s membership of the China-backed Regional Comprehensive Economic Partnership (RCEP), making it the …

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Canada challenges U.S. softwood lumber duties under USMCA trade pact

August 29, 2022
Canada challenges u. S. Softwood lumber duties under usmca trade pact - photo licensed by shore news network.

OTTAWA (Reuters) – The Canadian government said on Monday it challenged U.S. softwood lumber duties under the United States-Mexico-Canada Agreement (USMCA), calling the duties “unwarranted” …

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Mexico expects EU trade deal to be approved in 2022, minister says

August 26, 2022
Mexico expects eu trade deal to be approved in 2022, minister says - photo licensed by shore news network.

MEXICO CITY (Reuters) – The European Union should sign off on its updated trade agreement with Mexico later this year, Mexican Foreign Minister Marcelo Ebrard …

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Mexico hopes deal possible in U.S. trade dispute before panel -minister

August 24, 2022
Mexico hopes deal possible in u. S. Trade dispute before panel -minister - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexico hopes it can resolve a trade dispute with the United States before the matter reaches an arbitration panel, Foreign Minister …

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Canada July wholesale trade most likely fell 0.6% – Statscan flash estimate

August 24, 2022
Canada july wholesale trade most likely fell 0. 6% - statscan flash estimate - photo licensed by shore news network.

OTTAWA (Reuters) – Canadian wholesale trade mostly likely fell 0.6% in July from June, largely driven by lower sales of motor vehicles and motor vehicle …

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Britain and Ukraine launch talks on digital trade

August 23, 2022
Britain and ukraine launch talks on digital trade - photo licensed by shore news network.

LONDON (Reuters) – Britain on Wednesday said it had launched talks with Kyiv over removing barriers digital trade as part of its efforts to support …

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WTO goods trade indicator stable as growth stagnates

August 23, 2022
Wto goods trade indicator stable as growth stagnates - photo licensed by shore news network.

GENEVA (Reuters) – The World Trade Organization said on Tuesday that its global goods barometer was stable, pointing to stagnant global trade growth following a …

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Democrats’ Massive Climate Bill Might Violate Critical South Korean Trade Deal

August 25, 2022August 22, 2022
Democrats’ massive climate bill might violate critical south korean trade deal - photo licensed by shore news network.

Democrats’ Massive Climate Bill Might Violate Critical South Korean Trade Deal John Hugh DeMastri on August 22, 2022 The South Korean parliament will consider whether …

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Spain’s Jan-June trade deficit widens almost six-fold to 32 billion euros

August 18, 2022
Spain's jan-june trade deficit widens almost six-fold to 32 billion euros - photo licensed by shore news network.

(Reuters) – Spain’s trade deficit in the first six months of the year widened almost six-fold from the same period a year earlier to 32 …

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China strongly opposes trade talks between U.S. and Taiwan

August 18, 2022
China strongly opposes trade talks between u. S. And taiwan - photo licensed by shore news network.

BEIJING (Reuters) – China firmly opposes trade talks between the United States and Taiwan and says it will take all necessary measures to firmly safeguard …

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Brazil 2022 trade surplus outlook dims, but record still in reach

August 16, 2022
Brazil 2022 trade surplus outlook dims, but record still in reach - photo licensed by shore news network.

By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s trade surplus this year is likely to fall short of prior forecasts, according to private …

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Cuba cracks open door to foreign investment in domestic trade

August 16, 2022
Cuba cracks open door to foreign investment in domestic trade - photo licensed by shore news network.

By Marc Frank HAVANA (Reuters) – Cuba plans to allow some foreign investment in local wholesale and retail trade for the first time since Fidel …

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