International Trade

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EU raises alarm over Chinese demands for cosmetics trade secrets

Bloomberg | June 01, 2023 | International Trade

The European Union has raised concerns with China about the detailed product information that cosmetics companies like L’Oreal and LVMH have to provide in order to sell their goods in the country.

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Swiss watch exports to US suffer first drop in two years

Bloomberg | June 01, 2023 | International Trade

Monthly Swiss watch exports to the US declined for the first time in more than two years signaling a slowdown in demand from the biggest market for pricey timepieces.

Australia trade minister heads to Europe aiming to seal EU-FTA

Bloomberg | June 01, 2023 | International Trade

Korea export slide eases, hinting at global demand recovery

Bloomberg | June 01, 2023 | International Trade

Weak krone turns Tesla-loving Norway into used car exporter

Bloomberg | June 01, 2023 | International Trade

EU moves closer to new Russia sanctions after proposals weakened

Bloomberg | June 01, 2023 | International Trade

U.S. – EU joint statement of the trade and technology council

International Trade

AJOT | Top Story | May 31, 2023

U.S. – EU joint statement of the trade and technology council

The fourth Ministerial meeting of the Trade and Technology Council (“TTC”) took place in Luleå, Sweden, on 31 May 2023. It was co-chaired by European Commission Executive Vice President Margrethe Vestager, European Commission Executive Vice President Valdis Dombrovskis, United States Secretary of State Antony Blinken, United States Secretary of Commerce Gina Raimondo, and United States Trade Representative Katherine Tai, joined by European Commissioner Thierry Breton, and hosted by the Swedish Presidency of the Council of the European Union.

Dutch to get power to block some foreign takeovers under new law

Bloomberg | May 31, 2023 | International Trade

ASM sees impact from China chip curbs offset by AI-driven demand

Bloomberg | May 31, 2023 | International Trade

Copper output dips in Chile for potential boost to demand-hit market

Bloomberg | May 31, 2023 | International Trade | Commodity

US and EU narrow gap on China but remain split on trade tactics

International Trade

Bloomberg | Top Story | May 31, 2023

US and EU narrow gap on China but remain split on trade tactics

The US and the European Union are still struggling to agree on specific ways to slow China’s technological rise and limit its coercive trade practices even as both have signed onto the strategic need to “de-risk” their relationships with Beijing.

Top palm oil producers lobby EU to ease new deforestation rules

Bloomberg | May 31, 2023 | International Trade | Commodity

Netherlands steps up China chip spat with probe into Nowi deal

Bloomberg | May 31, 2023 | International Trade

US Treasury seeks China engagement even as it sharpens its economic tools

Bloomberg | May 30, 2023 | International Trade

EU pushes the US to ‘move faster’ on standards for clean tech

Bloomberg | May 30, 2023 | Green Shipping | International Trade

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Musk echoes Apple, Mercedes CEOs on importance of China ties

Bloomberg | May 30, 2023 | International Trade

Tesla Inc.’s Elon Musk joined Apple Inc.’s Tim Cook, Mercedes-Benz Group AG’s Ola Källenius and other car and technology company bosses in emphasizing the importance of maintaining ties with China in his first visit to the country since before the pandemic.

Substantial conclusion of IPEF Supply Chain Agreement negotiations

AJOT | May 30, 2023 | International Trade

The 14 partners of the Indo-Pacific Economic Framework for Prosperity (IPEF) –Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Viet Nam – announced the substantial conclusion of the negotiations of a first-of-its-kind international IPEF Supply Chain Agreement at the IPEF Ministerial Meeting in Detroit, Michigan.

Taiwan envoy calls US tax treatment ‘unfair,’ wants deeper trade

Bloomberg | May 30, 2023 | International Trade

German automakers urge postponing post-Brexit rules on EVs

AJOT | May 30, 2023 | International Trade

US sanctions Chinese firms over machines that make fake pills

International Trade

Bloomberg | Top Story | May 30, 2023

US sanctions Chinese firms over machines that make fake pills

The US accused several Chinese companies of shipping machines that make counterfeit pills to the US and Mexico, and hit more than a dozen entities with sanctions as it looks to crack down on a trade officials say is contributing to the opioid crisis.