International Trade


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USTR announces enforcement action to block illegal timber imports from Peru

AJOT | July 27, 2022 | International Trade | Commodity

The Office of the United States Trade Representative has announced that the Interagency Committee on Trade in Timber Products from Peru (Timber Committee) has directed United States Customs and Border Protection (CBP) to continue to block any timber imports from Inversiones WCA E.I.R.L. (WCA), a Peruvian exporter, based on illegally harvested timber found in its supply chain.

Russian economic pain spreads unevenly as sanctions shock fades

Bloomberg | July 27, 2022 | International Trade

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Turkey says Ukraine grain exports could start within a week

Bloomberg | July 27, 2022 | International Trade | Commodity

Turkey said grain exports from Ukrainian ports could resume within a week and reach 25 million tonnes by the end of the year, after it brokered a deal between Kyiv and Moscow that eased fears of a global food crisis.

Congressman Katko urges approval of $52 billion for U.S. semiconductor manufacturing
International Trade
Stas Margaronis | Top Story | July 27, 2022

AJOT Insights
Congressman Katko urges approval of $52 billion for U.S. semiconductor manufacturing

Republican Congressman John Katko has urged immediate action in authorizing a $52 billion federal investment in U.S. semiconductor manufacturing.
Wheat futures drop as Ukraine readies to open Black Sea exports

Bloomberg | July 27, 2022 | International Trade | Commodity

China’s slowdown spills over to major economies through imports

Bloomberg | July 25, 2022 | International Trade

China seals off IPhone maker, CNOOC in Shenzhen to battle Covid
International Trade
Bloomberg | Top Story | July 25, 2022

China seals off IPhone maker, CNOOC in Shenzhen to battle Covid

China has forced some of its biggest companies, including iPhone maker Foxconn and oil producer CNOOC Ltd., to operate within a “closed loop” restricted system for seven days as the southern manufacturing hub of Shenzhen battles its latest Covid outbreak.
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China’s trade dominance is boosting Renminbi’s reserve status

Bloomberg | July 25, 2022 | International Trade

China’s dominance of global trade provides a path to increase its currency’s share in global central bank reserves even if it retains tight capital controls, but Beijing will need to maintain large dollar reserves for that to happen, according to new research.

London’s square mile struggles to find its way in Brexit Britain

Bloomberg | July 25, 2022 | International Trade

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Wheat prices jump after Russian missile strike tests Ukraine deal

Bloomberg | July 25, 2022 | International Trade | Commodity

Wheat jumped after Russia’s weekend attack on the seaport of Odesa, even as Ukraine indicated it’s pushing ahead with a deal to begin shipping millions of tons of grain that has been piling up since the invasion.

Hong Kong posts sharper-than-expected drop in exports in June

Bloomberg | July 25, 2022 | International Trade

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Russian Odesa missile strike tests Ukraine grain export deal

Bloomberg | July 25, 2022 | International Trade | Commodity

Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step toward alleviating a global food crisis.

Wheat, corn slide after Ukraine export deal eases supply worries

Bloomberg | July 24, 2022 | International Trade | Commodity

US urged to show up more as China courts allies in Africa, Asia

Bloomberg | July 23, 2022 | International Trade

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Russian Odesa missile strike tests day-old grain export deal

Bloomberg | July 23, 2022 | International Trade | Commodity

Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step toward alleviating a global food crisis.

World Steel Association June 2022 crude steel production

AJOT | July 22, 2022 | International Trade | Commodity

Mexico is seen risking $30 billion hit in US-Canada trade spat
International Trade
Bloomberg | Top Story | July 22, 2022

Mexico is seen risking $30 billion hit in US-Canada trade spat

Mexico could be hit with between $10 billion and $30 billion in tariffs if it loses a trade spat with the US and Canada, according to two former officials who negotiated the pact under which the dispute was brought.
Ukraine’s grain challenge involves clearing mines, finding ships and trusting Putin

Bloomberg | July 22, 2022 | International Trade | Commodity

EU ramps up legal pressure on UK over breaches of Brexit deal

Bloomberg | July 22, 2022 | International Trade

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