International Trade

President Joe Biden took executive action Monday to boost the US solar sector, seeking to revive clean energy projects stalled by a trade dispute and bolster domestic manufacturing so that the nation’s climate efforts are less reliant on foreign suppliers.

Pandemic and war have upended American supply chains. The next shock may come from the US campaign against human-rights abuses in China.

The prevalence of global inflation, at least over the course of the past year, has been significantly on the rise. In fact, according to the International Monetary Fund (IMF), inflation rates around the world have recently reached an average of 8.7 percent.

Knit fabric manufacturer Teejay Lanka Plc, whose customers include Nike and Uniqlo, is seeing demand pick up as production shifts from China because of Covid lock downs in that country.