International Trade


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US CPI: Are markets indulging in wishful thinking on Fed rate cuts?

AJOT | May 15, 2024 | International Trade

Markets are busy wishful thinking about the Federal Reserve cutting interest rates and they are ignoring the facts, warns the CEO of one of the world’s largest independent financial advisory and asset management organizations...

US power developer warns new trade probe imperils solar push

Bloomberg | May 15, 2024 | International Trade

Congo demands international embargo on Rwandan Mineral Exports

Bloomberg | May 15, 2024 | International Trade

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Swiss to soften rules on arms exports but won’t help Ukraine

Bloomberg | May 15, 2024 | International Trade

The Swiss government wants to be able to sidestep the country’s rigid neutrality to allow more weapons exports but will maintain a ban on shipments to Ukraine.

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India’s trade deficit widens on higher gold import bill

Bloomberg | May 15, 2024 | International Trade

India’s trade deficit widened to a four-month high in April as strong domestic demand bumped up the nation’s import bill...

Olive oil windfall becomes lifeline for Tunisia with IMF on hold

Bloomberg | May 14, 2024 | International Trade

Flood of China used cooking oil spurs call to hike US levies

Bloomberg | May 14, 2024 | Energy | Alternative | International Trade | Commodity

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Biden signs ban on imports of Russian nuclear reactor fuel

Bloomberg | May 14, 2024 | Energy | Alternative | International Trade | Commodity

President Joe Biden on Monday signed legislation banning the import of Russian enriched uranium, starting a 90-day countdown until limits on shipments of the reactor fuel take effect.

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Chinese EV giant BYD to unveil plug-in Hybrid pickup in Mexico

Bloomberg | May 14, 2024 | International Trade

BYD Co., the leader in electric vehicles in China, plans to debut its first truck in Mexico, next door to the world’s largest pickup market.

Philadelphia CBP nets 60 dead butterflies illegally imported from Portugal to Wayne County, PA
International Trade
AJOT | Top Story | May 14, 2024

Philadelphia CBP nets 60 dead butterflies illegally imported from Portugal to Wayne County, PA

CBP agriculture specialists initially inspected the parcel, manifested as “pieces of silk to be used in works,” on May 2. The parcel instead contained dried out pupal cases and over 60 envelopes containing dead adult moth and butterfly specimens of the order Lepidoptera...
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Biden adds tariffs on Chinese chips, critical minerals, EVs

Bloomberg | May 14, 2024 | International Trade | Commodity

President Joe Biden is hiking tariffs on a wide range of Chinese imports — including semiconductors, batteries, solar cells, and critical minerals — in an election-year bid to bolster domestic manufacturing in critical industries.

Australia to ban live sheep exports by sea from May 2028

Bloomberg | May 13, 2024 | International Trade | Commodity

Biden’s solar factory boom slows as cheap imports flood market
Energy
Bloomberg | Top Story | May 13, 2024

Biden’s solar factory boom slows as cheap imports flood market

The Inflation Reduction Act helped spur new US solar manufacturing, but less than two years later, there are signs the boom is fizzling.
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Yellen hopes China doesn’t mount ‘significant’ trade retaliation

Bloomberg | May 13, 2024 | International Trade

Treasury Secretary Janet Yellen said she hopes China won’t mount major retaliation against any steps Washington takes to safeguard its investments in critical new industries.

Niger Junta escalates Benin border spat blocking Chinese oil exports

Bloomberg | May 13, 2024 | Energy | International Trade

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CBP officers seize $496K in cocaine from commercial truck hauling cotton candy at World Trade Bridge

AJOT | May 13, 2024 | International Trade

U.S. Customs and Border Protection, Office of Field Operations officers at World Trade Bridge seized cocaine hidden within a tractor-trailer hauling cotton candy.

EU closes China solar probe as firms withdraw Romania bids

Bloomberg | May 13, 2024 | Energy | Alternative | International Trade

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