International Trade

US goods-trade gap soars to record, surpassing all estimates

International Trade

Bloomberg | Top Story | April 27, 2022

US goods-trade gap soars to record, surpassing all estimates

The U.S. merchandise-trade deficit widened unexpectedly to a new record in March as the value of imports dwarfed that of outbound shipments, reflecting a surge in inflation.

U.K. ministers split over proposal to cut some food tariffs

Bloomberg | April 27, 2022 | International Trade

Crop futures gain with export limits, weather straining supply

Bloomberg | April 27, 2022 | International Trade | Commodity

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Indonesia adds to global food shock with widened palm export ban

Bloomberg | April 27, 2022 | International Trade | Commodity

Indonesia the world’s biggest edible oils shipper, will widen a export ban to include crude palm oil, adding to uncertainty in a market that’s suffered dizzying price swings and threatening to worsen global food inflation.

Palm oil rallies 10% as market prepares for Indonesia export ban

Bloomberg | April 27, 2022 | International Trade | Commodity

Brexit drives rise in U.K. food prices and lifts cost of living

Bloomberg | April 27, 2022 | International Trade

Chinese authorities raid warehouse and seize counterfeit belts with intelligence from Amazon and Salvatore Ferragamo

AJOT | April 26, 2022 | International Trade | Logistics

U.S., U.K. seek ‘ambitious roadmap’ to closer trade ties

Bloomberg | April 26, 2022 | International Trade

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China locks down northern hub for coal and rare earths output

Bloomberg | April 26, 2022 | International Trade | Commodity

The lockdown of Baotou in the northern region of Inner Mongolia takes China’s Covid Zero policy deep into coal country and to a crucial hub for the production of rare earths.

Indian buyer says details of Indonesia palm export ban a relief

Bloomberg | April 26, 2022 | International Trade | Commodity

US – UK dialogue on the future of Atlantic trade in Aberdeen

AJOT | April 26, 2022 | International Trade

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Chaos engulfs $50 billion palm market as flip-flops vex traders

Bloomberg | April 26, 2022 | International Trade | Commodity

Vegetable oil traders were preparing to leave their offices last Friday when Indonesian President Joko Widodo appeared at a briefing with stunning news: In just a few days, the nation would ban exports of cooking oil and its raw materials to ease prices and shortages.