International Trade

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Yen’s sustained weakness frustrates even Japanese exporters

Bloomberg | May 03, 2024 | International Trade

Japan’s companies are expressing unusual discomfort with the weak yen, just as the country’s government appears to be stepping in to prop up its tumbling currency.

Turkey halts all trade with Israel over war in Gaza

Bloomberg | May 02, 2024 | International Trade

French cognac producers push for deal on China dumping probe

Bloomberg | May 02, 2024 | International Trade

US sanctions firms in China, UAE for support of Russia’s war

Bloomberg | May 02, 2024 | International Trade

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Canada unexpectedly flips to deepest trade deficit since June

Bloomberg | May 02, 2024 | International Trade

Canada recorded a goods trade deficit of C$2.28 billion ($1.7 billion) in March, the widest since June 2023 and missing expectations in a Bloomberg survey for a C$1.21 billion surplus.

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South Korea’s export growth picks up, led by record US demand

Bloomberg | May 01, 2024 | International Trade

South Korea’s export growth accelerated last month, led by record demand from the US fed by strong economic momentum as China struggles to recover from a domestic slump.

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Mexico tariffs on steel, plastics to affect 7% of total imports

Bloomberg | May 01, 2024 | International Trade | Commodity

Mexico’s decision to slap tariffs on some goods from countries with which it doesn’t have trade agreements will only affect about $48 billion of the country’s imports, around 7% of the total, according to a Finance Ministry official.

Senate passes Russian uranium import ban, sending to Biden

Energy

Bloomberg | Top Story | May 01, 2024

Senate passes Russian uranium import ban, sending to Biden

The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the White House which has said it supports efforts to block the Kremlin’s shipments of the reactor fuel.

Agility’s CEO for Africa discusses the continent’s opportunities and challenges

International Trade

Stuart Todd | Top Story | April 30, 2024

Agility’s CEO for Africa discusses the continent’s opportunities and challenges

AJOT interviews Geoffrey White, long-standing CEO Africa of Kuwait-based logistics group Agility, who provides insights into trade in Africa, the challenges faced and the opportunities which lie ahead.

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China’s EV and solar exports are powering ahead as prices slide

Bloomberg | April 30, 2024 | Energy | Alternative | International Trade

China’s exports of batteries, electric cars and solar panels hit record highs last year, underlining its dominance of key green industries — and driving a global price slump that’s adding to alarm in developed economies.

Department of Commerce announces new actions to implement President Biden’s Executive Order on AI

AJOT | April 30, 2024 | International Trade

Argentina’s soybean crushers strike just as harvest gathers pace

Bloomberg | April 30, 2024 | International Trade | Commodity

White House eyes Russian uranium import ban while House bill stalls

Bloomberg | April 30, 2024 | Energy | International Trade | Commodity

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Brazil iron ore exports seen surging in 2024 if rivers stay high

Bloomberg | April 29, 2024 | International Trade | Commodity

Brazil’s Corumba region could more than double iron ore shipments through neighboring Uruguay this year if there is enough water in the rivers, according to one of the biggest logistics companies on the Paraguay- Paraná Hidrovia system...

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New eight-person US group helps fight China economic ‘coercion’

Bloomberg | April 29, 2024 | International Trade

When South Korea decided to host a US anti-ballistic missile system, the lucrative flow of tourists from neighboring China suddenly dried up. When Australia accused Beijing of meddling in its domestic politics and demanded answers over the origins of Covid-19, China stopped buying exports like coal, wine and beef.