International Trade

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US must be ‘strategic’ on China tariffs, trade chief says

Bloomberg | May 24, 2022 | International Trade

The US must be “strategic” when it comes to a decision on whether to remove China tariffs, Trade Representative Katherine Tai said a day after President Joe Biden mentioned he would review Trump-era levies as consumer prices surge.

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Malaysia bans poultry exports in latest food protectionism move

Bloomberg | May 24, 2022 | International Trade | Commodity

Malaysia’s government met with the country’s biggest poultry producers to discuss subsidies and ensure continuity of local supply as the nation moved to ban exports of chicken in the latest food protectionist move in the region.

Asia manufacturers say the pandemic-driven trade boom is fading

Bloomberg | May 24, 2022 | International Trade

Clothing companies and gadget makers are among manufacturers across Asia seeing early signs of cooling demand from their global customers as soaring inflation takes hold.

Malaysia rules out curbs on cooking oil exports, minister says

Bloomberg | May 24, 2022 | International Trade | Commodity

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Rising global food protectionism risks worsening inflation woes

Bloomberg | May 24, 2022 | International Trade | Commodity

Food protectionism is on the rise in the developing world as governments try to safeguard local supplies, and the effects are threatening to spill over into richer economies.

India to limit sugar exports in risk to global food prices

Bloomberg | May 24, 2022 | International Trade | Commodity

UK to start legislating against Brexit deal within three weeks

Bloomberg | May 23, 2022 | International Trade

U.S. Secretary of Commerce Raimondo and U.S. Trade Representative Tai host first ministerial meeting with Indo-Pacific Economic framework for prosperity partners

AJOT | May 23, 2022 | International Trade

Malaysia to halt chicken exports from June amid shortage

Bloomberg | May 23, 2022 | International Trade | Commodity

Malaysia will halt exports of 3.6 million chickens a month from June 1 and scrap the approved permit requirement for importing wheat until production and prices stabilize, Prime Minister Ismail Sabri Yaakob said.

Korea early exports show signs of cooling as lockdowns weigh

Bloomberg | May 23, 2022 | International Trade

Global trade rebound stalls as war, Covid hit supply chains

Bloomberg | May 23, 2022 | International Trade

US unveils 13-nation economic pact to assert Asia leadership

International Trade

Bloomberg | Top Story | May 23, 2022

US unveils 13-nation economic pact to assert Asia leadership

The Biden administration announced that a dozen Indo-Pacific countries will join the US in a sweeping economic initiative designed to counter China’s influence in the region, even as questions remain about its effectiveness.

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Biden says he’ll review Trump’s China tariffs, fueling yuan rally

Bloomberg | May 23, 2022 | International Trade

US President Joe Biden said he’ll review Trump-era tariffs imposed on imports from China amid growing calls from businesses to remove the levies, fueling a rally in the offshore yuan.

Marcos wants ‘trade, not aid’ from US, open to economic pact

Bloomberg | May 23, 2022 | International Trade

Tesla suppliers’ caution at odds with EV maker’s China optimism

Bloomberg | May 23, 2022 | International Trade

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Biden struggles to woo Asian nations wary of upsetting China

Bloomberg | May 23, 2022 | International Trade

Joe Biden talked at length as a presidential candidate about the need to focus on China’s rising global power. Yet 17 months after taking office, Asian leaders are still waiting for details on a strategy for more US economic engagement in the region.

APEC meeting fails to issue statement after US-Russia walkout

Bloomberg | May 23, 2022 | Air Cargo | Airlines | International Trade

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China’s Yi says US’s Indo-Pacific strategy ‘doomed to fail’

Bloomberg | May 23, 2022 | International Trade

Chinese Foreign Minister Wang Yi said the US’s Indo-Pacific strategy is “doomed to fail,” making his remarks while President Joe Biden is in the region to increase engagement with allies and counter China’s rise and influence.

Battered pound risks sliding further on Brexit trade war

Bloomberg | May 22, 2022 | International Trade

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US trade chief meets Taiwan minister despite China warning

Bloomberg | May 22, 2022 | International Trade

US trade chief Katherine Tai met Taiwanese Minister Without Portfolio John Deng to discuss opportunities to deepen the nations’ economic relationship in the same week China’s top diplomat warned Washington it’s heading down the “wrong road” with its support for the island.