International Trade

Exporters in Australia, a top shipper of coal and natural gas, are positioning for carbon border tariffs to be introduced as soon as 2023 as the nation’s key trading partners set increasingly ambitious climate goals.

Australia says China trade curbs hurt global confidence

Bloomberg | November 29, 2020 | International Trade

BEA news: GDP, third quarter 2020; Corporate profits, third quarter 2020

AJOT | November 25, 2020 | International Trade

US sanctions Chinese and Russian firms for dealings with Iran

Bloomberg | November 25, 2020 | International Trade

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ZTE’s designation as security threat affirmed by US FCC

Bloomberg | November 25, 2020 | International Trade

The U.S. Federal Communications Commission affirmed its decision to designate ZTE Corp. as a national security threat over concerns telecommunications gear made by the Chinese company could be used for spying.

Xi seeks to ‘manage differences’ in note congratulating Biden

Bloomberg | November 25, 2020 | International Trade

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US goods-trade gap widens as imports rise to highest in a year

Bloomberg | November 25, 2020 | International Trade

The U.S. merchandise-trade deficit widened in October as imports reached the highest in more than a year, outpacing a gain in the value of exports.

Brexit talks entering decisive days, EU’s Von Der Leyen says

Bloomberg | November 25, 2020 | International Trade

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China blacklist strands more than 50 Australia coal cargoes

Bloomberg | November 25, 2020 | International Trade | Maritime | Bulk

More than $500 million worth of Australian coal is on ships anchored off Chinese ports, as a diplomatic spat between the two countries cuts into trade, idles a portion of the world’s dry bulk carriers and threatens to spiral into a humanitarian crisis.

Japan, China agree to restart two-way travel by end of November

Bloomberg | November 24, 2020 | Air Cargo | Airports | International Trade

US Department of Commerce issues affirmative preliminary countervailing duty determination for twist ties from China

International Trade

AJOT | Top Story | November 24, 2020

US Department of Commerce issues affirmative preliminary countervailing duty determination for twist ties from China

Today, U.S. Secretary of Commerce Wilbur Ross announced an affirmative preliminary determination in the countervailing duty (CVD) investigation of twist ties from China. The Commerce Department preliminarily determined that exporters/producers from China received countervailable subsidies at a rate of 122.5 percent.