International Trade

iPhone makers win nod for $143 billion India manufacturing plan

Bloomberg | October 06, 2020 | International Trade

Major iPhone assemblers for Apple Inc. were among 16 companies that won approval to manufacture products in India under a plan aimed at attracting investment of more than 10.5 trillion rupees ($143 billion) for mobile-phone production over the next five years.

International Trade

Bloomberg | October 06, 2020

Global economy’s recovery from pandemic seen extending past 2021

Two custodians of the global economy signaled that while the early days of pandemic recovery were stronger than expected in some countries and industries, a return to full health is likely to be longer and bumpier than they first predicted.

U.S. Trade Deficit Widened in August to Largest Since 2006

Bloomberg | October 06, 2020 | International Trade | By The Numbers

The U.S. trade deficit widened in August to the largest since 2006 as the nation imported a record amount of consumer goods amid a pickup in demand ahead of the holiday-shopping season.

International Trade

Bloomberg | October 06, 2020

Canadian trade unexpectedly shrank in August on weak exports

Canadian trade with the rest of the world dropped in August on lower car exports, suggesting the recovery may be losing steam sooner than economists had predicted.

PECO Pallet, Inc. announces definitive agreement to be acquired by Alinda Capital Partners and USS

AJOT Newsroom | October 06, 2020 | International Trade

Boris Johnson vows to get U.K. back to normal next year

Bloomberg | October 06, 2020 | International Trade

U.K. Prime Minister Boris Johnson promised more generous home loans for millions of young first-time buyers as he vowed to use the coronavirus crisis as an opportunity to reshape the economy for the better.

U.S. raises China concerns over Israel’s sale of largest seaport

Bloomberg | October 06, 2020 | International Trade

German factory orders jump with exports delivering special boost

Bloomberg | October 06, 2020 | International Trade

International Trade

Bloomberg | October 05, 2020

U.S. takes stake in battery-metals firm to wean itself off China

The U.S. government has taken an equity stake in a battery-metals company in a move that undercuts dependence on China for a key material used in electric vehicles.

International Trade

Bloomberg | October 05, 2020

Brexit timeline: One month to get a deal or messy breakup

U.K. and European Union negotiators are heading into an intense two weeks of negotiations to try and secure a comprehensive trade agreement after seven months of talks ended in stalemate.

COVID ‘lockdowns’ fail to stop €85 million of cargo thefts

AJOT Newsroom | October 05, 2020 | International Trade

Brexit negotiators brace for summit showdown as talks drag

Bloomberg | October 05, 2020 | International Trade

The stage is set for a showdown on Brexit at a European Union summit next week.

U.S. opens trade case to probe Vietnam currency undervaluation

Bloomberg | October 03, 2020 | International Trade

Palm oil farmers say U.S. ban to hurt more than 32,000 planters

Bloomberg | October 03, 2020 | International Trade | Commodity

U.S. stimulus talks in limbo after vote on democrat-only plan

Bloomberg | October 02, 2020 | International Trade

U.S. stimulus talks remain on life support after the House passed a Democrat-only $2.2 trillion package that did nothing to bridge the gap with Republicans.

Johnson to intervene in Brexit talks in bid to break impasse

Bloomberg | October 02, 2020 | International Trade

Prime Minister Boris Johnson will intervene in the Brexit negotiations for the first time since June when he holds talks on Saturday with European Commission President Ursula von der Leyen in an attempt to unlock a deal.