International Trade

China confirms Commerce Minister to meet with US’s Raimondo, Tai

Bloomberg | May 25, 2023 | International Trade

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Conflict halts Sudan’s exports of gum used in Pop-Tarts to pills

Bloomberg | May 24, 2023 | International Trade | Commodity

Sudan’s exports of gum arabic, a key ingredient used in the manufacture of pharmaceuticals, cosmetics and food, have ground to a halt since a conflict between rival military factions erupted last month, raising fears of a global shortage.

Brexit caused a third of UK food price inflation, LSE paper says

Bloomberg | May 24, 2023 | International Trade | Commodity

Italian utility Iren aims to recycle rare metals in push to cut imports

Bloomberg | May 24, 2023 | International Trade | Commodity

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Emmentaler loses EU trademark fight in fresh Swiss setback

Bloomberg | May 24, 2023 | International Trade | Commodity

Just weeks after Switzerland’s second-biggest bank was forced into a government-brokered rescue, the country’s producers of Emmentaler cheese lost a fight for exclusive European Union-wide rights to call the semi-hard cheese with big holes in it by that name.

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US must widen China chip curbs in Micron response, lawmaker says

Bloomberg | May 24, 2023 | International Trade

A prominent US lawmaker is urging Washington to strike back against China for its decision to bar Micron Technology Inc.’s memory chips, threatening to further inflame tensions between the two countries.

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Emerging lithium supplier Argentina says it’s close to US deal under IRA

The world’s fastest-growing lithium producer says it could soon gain access to the US market.

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Xi’s Micron ban shows China’s limited options to hit back at US

Bloomberg | May 23, 2023 | International Trade

China’s move to ban Micron Technology Inc.’s products marked its most meaningful retaliation yet against US export controls. Now the question is whether President Xi Jinping will go after even bigger targets, risking blowback to his own economy.

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2 giant African snails seized by CBP agriculture specialists in Louisville

AJOT | May 23, 2023 | International Trade | Ports & Terminals | Canal and Waterway

U.S. Customs and Border Protection (CBP) agriculture specialists intercepted two giant African snails at the Louisville Port of Entry on May 18.

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4 fake designer watches worth over $577,000 seized by Cincinnati CBP

AJOT | May 23, 2023 | International Trade | Ports & Terminals | Canal and Waterway

U.S. Customs and Border Protection (CBP) officers in Cincinnati seized a shipment containing multiple watches on May 3. The watches, which came from Hong Kong, would have had a Manufacturer’s Suggested Retail Price of $577,800 had they been legitimate.

US now says no plan to lift sanctions on China defense minister

Bloomberg | May 23, 2023 | International Trade

China blasts Japan over export curbs on chipmaking technology

Bloomberg | May 23, 2023 | International Trade

China buying of chipmaking gear from Singapore hits 8-month high

Bloomberg | May 23, 2023 | International Trade

CBP Trade Summit draws record attendance in Boston

International Trade

AJOT | Top Story | May 23, 2023

CBP Trade Summit draws record attendance in Boston

It was just like old times during pre-pandemic days when a record crowd flocked to Boston, April 17-19, to attend U.S. Customs and Border Protection’s 2023 Trade Facilitation and Cargo Security Summit. The three-day conference, which attracted 1,200 on-site and 3,000 virtual participants, garnered the highest attendance ever drawn to the agency’s signature trade event.