International Trade


South Korea’s chip stockpile swells in warning sign for exports

Bloomberg | July 28, 2022 | International Trade

A forgotten Canada-US lumber spat seen adding costs to US homes
International Trade
Bloomberg | Top Story | July 28, 2022

A forgotten Canada-US lumber spat seen adding costs to US homes

Duties on softwood lumber imports from Canada add to cost of US homes.
Manchin climate deal would boost US cleantech makers
Energy
Bloomberg | Top Story | July 28, 2022

Manchin climate deal would boost US cleantech makers

The landmark US Senate climate deal announced late Wednesday would boost cleantech manufacturing, a sector that’s struggled to compete with China.
For Johnson’s successor, Brexit is anything but done

Bloomberg | July 28, 2022 | International Trade

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BEA News: gross domestic product, second quarter 2022 (advance estimate)

AJOT | July 28, 2022 | International Trade

Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 1.6 percent.

Mexico trade deficit unexpectedly widens as fuel imports surge

Bloomberg | July 28, 2022 | Energy | International Trade

Soybeans in longest run of gains since May; wheat, corn rise

Bloomberg | July 28, 2022 | International Trade | Commodity

Canada claims victory on EV tax credits in Manchin-Schumer deal

Bloomberg | July 28, 2022 | Energy | Alternative | International Trade

Egypt cancels 240,000 tons of Ukrainian wheat contracts

Bloomberg | July 28, 2022 | International Trade | Commodity

India to restart Ukraine sunflower oil imports as trade eases

Bloomberg | July 28, 2022 | International Trade | Commodity

It’s too late for China to rally if Biden-Xi call ends tariffs

Bloomberg | July 28, 2022 | International Trade

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AMLO risks long US-Mexico trade spat by insisting on energy policy

Bloomberg | July 28, 2022 | Energy | International Trade | Commodity

US and Canadian companies have been clamoring for action against Mexico’s nationalist energy policies, but the trade complaint their countries filed this week could lead the North American region down a dangerous road.

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How the trade war has led to higher food prices

AJOT | July 27, 2022 | International Trade | Commodity | Maritime | Breakbulk News

With inflation continuing to skyrocket, especially for food, the Tax Foundation released a new post today examining how the Trump trade war and retretaliatory tariffs have hurt U.S. agricultural and food prices. 

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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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