International Trade

Fed’s all-clear on global supply chaos spurned by logistics watchers

The Federal Reserve Bank of New York this week said stress on the world’s beleaguered supply chains had finally returned to normal — below normal, in fact.

International Trade

Bloomberg | March 09, 2023

US and India plan to boost chips collaboration, Biden’s commerce chief says

The US and India will sign an agreement to boost coordination of their chip-industry incentive plans and are discussing the best ways to avoid over-subsidization as the South Asian nation looks to boost its role in the global technology supply chain.

Canada requests Mexico talks on GMO ban after US corn move

Bloomberg | March 09, 2023 | International Trade | Commodity

Canada asked for formal consultations with Mexico over the Latin American nation’s restrictions on genetically modified agricultural imports under their free-trade agreement, following a separate request by the US focused on corn earlier this week.

China faces more limits on chip-export gear from Netherlands

Bloomberg | March 09, 2023 | International Trade

The Netherlands, home to ASML Holding NV, is preparing restrictions on certain chipmaking machines amid pressure from the U.S. to clamp down on China’s access to critical semiconductor technology.

Chinese chip suppliers soar after reports of Japanese curbs

Bloomberg | March 09, 2023 | International Trade

Shares in Chinese suppliers of materials for semiconductors surged after unsubstantiated reports of impending Japanese export curbs circulated on social media, underscoring the nervousness surrounding US efforts to isolate Beijing’s chip industry.

Apple supplier’s Vietnam chief exits after outlining China shift

Bloomberg | March 09, 2023 | International Trade

Soy climbs as USDA slashes Argentine crop estimate by 20%

Bloomberg | March 08, 2023 | International Trade | Commodity

U.S. Customs and Border Protection conducted “Operation Terminus” at the Port of New York/Newark

AJOT Newsroom | March 08, 2023 | International Trade

U.S. International Trade in Goods and Services, January 2023

AJOT Newsroom | March 08, 2023 | International Trade

Grain traders bank on renewal of vital Ukraine crop deal

Bloomberg | March 08, 2023 | International Trade

The crucial grain deal that revived Ukraine’s crop exports and helped bring down global prices is up for renewal again, and the market is betting on another extension.

US trade deficit grows to $68.3 billion, widest in three months

Bloomberg | March 08, 2023 | International Trade

Germany plans to ban some Huawei components from 5G network

Bloomberg | March 07, 2023 | International Trade

U.S. Deputy Secretary Graves travels to Belgium and Croatia, addresses importance of U.S.-EU Strategic Economic Alliance

AJOT Newsroom | March 07, 2023 | International Trade | Trade Regulation

Last week, U.S. Commerce Deputy Secretary Don Graves traveled to Brussels, Belgium and met with European Commission President Ursula von der Leyen. They discussed the close cooperation between the European Union and the United States on export controls to counter Russia’s war on Ukraine, the continued need for enforcement coordination, as well as European energy security.