Costly energy imports push euro zone into trade deficit in June
BRUSSELS – Euro zone countries swung into a trade deficit in June from a surplus 12 months earlier because of soaring prices of imported gas …
Trade
U.S. and Switzerland working on facilitating pharma trade – U.S. ambassador
ZURICH – The United States and Switzerland can move towards free trade between their countries with sectoral deals and they are working on facilitating business …
Indonesia July trade surplus seen narrowing amid slowing global trade
JAKARTA – Indonesia’s trade surplus may have narrowed to $3.93 billion last month due to weakening export performance as global trade activity slows, according to …
Costa Rica seeks entry to trans-Pacific trade bloc
SAN JOSE – Costa Rica formalized its request to join a trade partnership of 11 countries across Asia, Australia and the Americas, President Rodrigo Chaves …
Philippines trade deficit at $5.84 billion as imports surge
MANILA – The Philippines posted a $5.84 billion trade deficit in June, the widest gap based on data running from January 2020, government figures showed …
Turkey offers ‘a warehouse and bridge’ for metals trade to Russia
By Ceyda Caglayan ISTANBUL – Western sanctions have given the Turkish metals sector a chance to serve as “warehouse and bridge”, the head of an …
U.S. trade deficit narrows sharply; exports at record high
WASHINGTON – The U.S. trade deficit narrowed sharply in June as exports surged to a record high, a trend that could see trade continuing to …
Indian rupee set to trade near historic low in coming three months – Reuters Poll
By Arsh Tushar Mogre BENGALURU – India’s rupee will trade near its historic low in the coming three months, despite a recent recovery, based on …
India’s trade deficit to remain above $20 billion – Barclays
MUMBAI – India’s trade deficit is likely to remain above $20 billion for an extended period, posing the risk of a wider current account deficit, …
Brazil posts $5.4 billion trade surplus in July, lower than expected
BRASILIA – Brazil posted a lower than expected trade surplus of $5.444 billion in July, official data showed on Monday, with growth in imports again …
State Investigators Say Morris County Doctor’s Office Used to Supply New Jersey Opioid Trade
by New Jersey Attorney General Matt Platkin’s Office TRENTON – Acting Attorney General Matthew J. Platkin and the Office of the Insurance Fraud Prosecutor (OIFP) …
China will step up efforts to stabilise foreign trade in H2 – commerce ministry
BEIJING – China will strengthen efforts to stabilise foreign trade in the second half of the year, the commerce ministry said on Friday. The country’s …
Vietnam sees Jan-July trade surplus at $764 million -stats office
HANOI – Vietnam is expected to register a trade surplus of $764 million in the first seven months of 2022, government data released on Friday …
Retailer Casino seals GreenYellow energy sale, tourists boost trade
By Dominique Vidalon PARIS – Retailer Casino said on Thursday it was confident it would execute its disposal plan to reduce debt as planned after …
U.S. goods trade deficit narrows sharply in June; inventories increase
WASHINGTON – The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy …
China, Indonesia to enhance bilateral trade, deepen cooperation
BEIJING – China and Indonesia will enhance the scale of bilateral trade and further expand cooperation in areas including agriculture and food security, the Chinese …
EU wins arbitration in pharma trade dispute with Turkey
GENEVA -The European Union received a largely favourable ruling in its trade dispute with Turkey on Monday in the first appeal settled by arbitration to …
Sri Lanka asks China for help with trade, investment and tourism
By Yew Lun Tian BEIJING – Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo’s envoy …
“Ooooh I’m So Scared’: Mexican President Mocks Biden’s Trade Threats
“Ooooh I’m So Scared’: Mexican President Mocks Biden’s Trade Threats Max Keating on July 21, 2022 Mexican President Andrés Manuel López Obrador mockingly dismissed the …
Feds Disrupt Illegal Italian Snail Trade in New Jersey
If you’re waiting for your illegal Italian snail dish at your favorite Italian restaurant in New Jersey, you might have to wait. That’s because on …
Mexico says receives Canadian request for trade dispute consultation
MEXICO CITY – Canada has sent Mexico a request to initiate a dispute consultation under the United States-Mexico-Canada (USMCA) trade pact, the Mexican economy ministry …
South American Mercosur bloc, Singapore conclude trade pact talks
BRASILIA – South American trade bloc Mercosur on Wednesday concluded talks on a trade pact with Singapore, Brazil’s Economy and Foreign Affairs Ministries said. The …
UK’s Northern Ireland trade law clears parliament’s lower house
LONDON – Legislation allowing Britain to scrap some of the rules on post-Brexit trade with Northern Ireland cleared the final stage of its passage through …
U.S. doesn’t rule out more comprehensive trade negotiations with Kenya -official
By Andrea Shalal (Reuters) – The United States has not ruled out more comprehensive trade negotiations with Kenya after launching a strategic trade and investment …
China hopes Australia can take actions to promote trade relations – commerce ministry
BEIJING – China hopes Australia can take pragmatic actions to create favourable conditions for the healthy and stable development of bilateral trade relations, China’s commerce …
Indonesia June trade surplus seen widening after palm oil exports resume – Reuters poll
JAKARTA – Indonesia’s trade surplus likely widened to $3.52 billion last month, boosted by the lifting of a three-week palm oil export ban, according to …
China’s foreign trade faces instabilities and uncertainties: customs official
BEIJING – China’s foreign trade still faces instabilities and uncertain factors even as trade growth in May and June reversed the declining trend in April, …
Jobs in Germany under threat if Russian gas taps stay off, trade union chief says
BERLIN – Millions of workers’ livelihoods in Germany are at stake if Russia decides to cut off gas supplies to the country in the long …
U.S. trade chief says she exploring all options to resolve Mexican energy policy concerns
VANCOUVER – U.S. Trade Representative Katherine Tai said on Friday she will continue to raise U.S. concerns with Mexican counterparts about Mexico’s state-centered energy policies …
At Colombia-Venezuela border, a trade revival is eagerly awaited
By Nelson Bocanegra and Anggy Polanco CUCUTA, Colombia/SAN ANTONIO, Venezuela – Colombia’s leftist president-elect, Gustavo Petro, pledged on the campaign trail to end neighboring Venezuela’s …
Canada trade surplus rides energy price boom to 14-year high
By Julie Gordon and Ismail Shakil OTTAWA – Canada’s exports surged in May, mainly on lofty energy prices, helping drive its surplus with the rest …
U.S. trade deficit narrows in May; exports hit record high
WASHINGTON – The U.S. trade deficit narrowed in May as slowing domestic demand amid rising interest rates curbed imports, which could see trade contributing to …
China’s trade faces rising uncertainties in second half of year: ministry
BEIJING – China expects June trade growth to remain relatively high, but said the second half year brings rising uncertainties, the commerce ministry said on …
China, U.S. trade teams agree to maintain close communication: China commerce ministry
BEIJING – The trade and economic teams of China and the United States agreed to maintain close communication following virtual talks between Chinese Vice Premier …
Vietnam, South Korea aim to boost trade to $100 billion next year
HANOI – Vietnam and South Korea aim to raise the value of bilateral trade between the countries to $100 billion next year and to $150 …
Citing Australia, lawmakers warn Britain against overselling trade deals
LONDON – Britain’s parliamentary trade committee on Wednesday warned the government against overselling its post-Brexit trade deals, citing shortcomings in its agreement with Australia and …
Hyundai Motor’s South Korea trade union aims to resume annual wage talks
By Heekyong Yang SEOUL – The union that represents Hyundai Motor Co’s South Korean workers said on Tuesday it plans to resume a week of …
UK to introduce new sanctions on Belarus and Russian media
LONDON -Britain said it would on Tuesday introduce new economic, trade and transport sanctions on Belarus over its support for Russia’s invasion of Ukraine, and …
Biden, Trudeau to discuss free trade agreement in Mexico visit -Mexico president
MEXICO CITY – U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will discuss terms of the U.S.-Mexico-Canada (USMCA) agreement, which was ratified in …
Brazil posts trade surplus of $8.8 billion in June
BRASILIA – Brazil’s trade surplus reached $8.814 in June, official figures showed on Friday, below market expectations. Economists polled by Reuters had projected a $9.994 …
New Zealand dairy and meat farmers disappointed in EU trade deal
By Lucy Craymer WELLINGTON – New Zealand dairy, sheep and beef farmers are largely disappointed by the newly signed New Zealand-European Union free trade agreement, …
Taiwan, United States to hold trade talks on Monday
TAIPEI – Taiwan and the United States will hold trade talks on Monday under a newly agreed framework, the office of the U.S. Trade Representative …
Russian rouble firms to 7-year high past 53 vs dollar in Moscow trade
MOSCOW – The rouble jumped on Wednesday to its strongest mark in seven years against the dollar and euro, supported by capital controls, a favourable …
Fifteen EU nations say bloc must urgently accelerate trade deals
BRUSSELS – Fifteen European Union governments called on Monday for the bloc to accelerate the conclusion of free trade agreements to ensure its long-term economic …
WTO approves package of trade deals, prompting cheers
GENEVA – The World Trade Organization’s members approved on Friday a package of trade deals, including pledges on health, reform and food security, struck after …
UK-EU trade war? Sefcovic says all options are on the table
LONDON – The European Union will keep all options on the table in terms of its response to Britain’s move to override some post-Brexit rules …
India’s May trade deficit widens to $24.29 billion – trade ministry
NEW DELHI – India’s May trade deficit widened to $24.29 billion from $6.53 billion a year ago, a government statement said on Wednesday. May’s trade …
Israel, India prepare to resume free trade agreement talks
By Steven Scheer JERUSALEM – Israel and India are preparing to resume talks on a free trade agreement, Israel’s Economy Ministry said on Monday, adding …
Lawmakers urge USTR to push for extension of WTO’s moratorium on digital trade
By Andrea Shalal WASHINGTON – A bipartisan group of U.S. lawmakers urged U.S. Trade Representative Katherine Tai to push during World Trade Organization meetings this …
S.Korea June 1-10 exports shrink 12.7%, trade deficit at $6 billion
SEOUL – South Korea’s exports for the first 10 days of June shrank 12.7% from the same period a year before, customs agency data showed …