International Trade

Giant Manufacturing Co. is waiting as long as two years for bicycle parts as unprecedented disruptions and lockdowns roil the global supply chain, putting one of the world’s biggest bike makers at risk of missing out on a demand boom.

Russia’s war with Ukraine will slow the world economy’s nascent rebound from the pandemic, reduce goods trade and potentially lead to a broader splintering of global commerce, the World Trade Organization said.

South Africa should scrap all trade-related tariffs on chicken, introduce a three-year moratorium on new duties and remove value-added tax on the protein to ease pressure on food costs, according to a group that represents importers and exporters of poultry, beef and pork.