International Trade


Congress Bourbon Caucus asks US to get EU spirit duties ended
International Trade
Bloomberg | Top Story | April 06, 2021

Congress Bourbon Caucus asks US to get EU spirit duties ended

Lawmakers from U.S. whiskey-producing states asked the Biden administration to negotiate an immediate end to all tariffs on American spirits, weeks before European Union and U.K. duties on American bourbon are set to double.
Why shortages of a $1 chip sparked crisis in global economy
International Trade
Bloomberg | Top Story | April 06, 2021

Why shortages of a $1 chip sparked crisis in global economy

To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver.
Planters ordered to destroy oil-palm as Sri Lanka joins boycott

Bloomberg | April 06, 2021 | International Trade | Commodity

Automakers want aid set aside for car-grade US chip production

Bloomberg | April 06, 2021 | International Trade

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Biden likely to name Evercore’s Bianchi as trade deputy

Bloomberg | April 06, 2021 | International Trade

President Joe Biden is likely to name longtime aide and Obama administration veteran Sarah Bianchi as deputy U.S. trade representative, according to people familiar with the matter.

Yellen declares end to Trump’s global retreat, eyes tax deal

Bloomberg | April 05, 2021 | International Trade

Singapore hedge fund targets billions for trade finance

Bloomberg | April 05, 2021 | International Trade

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Commerce continues to honor the lives of Secretary Brown and eleven Commerce employees

AJOT | April 05, 2021 | International Trade

Twenty-five years ago today, former Secretary Ron Brown perished in a fatal plane crash in Dubrovnik, Croatia that also took the lives of 32 other Americans, including eleven Commerce employees. Brown was leading a delegation of business executives to the former Yugoslavia to explore business opportunities that might help rebuild the war-torn region and sought to make a meaningful difference in the Balkans.

Iran says nuclear talks must guarantee sanctions removal

Bloomberg | April 05, 2021 | International Trade

Made in US reflation trade is a globally unwanted export

Bloomberg | April 05, 2021 | International Trade

US forges ahead on $1 billion tariff plan over digital taxes
International Trade
Bloomberg | Top Story | April 05, 2021

US forges ahead on $1 billion tariff plan over digital taxes

The U.S. is pressing ahead with plans to hit six nations that tax Internet-based companies with retaliatory tariffs that could total almost $1 billion annually.
Peso may seal lead over Baht as Philippine trade deficit shrinks

Bloomberg | April 04, 2021 | International Trade

Farmers across US stay cautious after years of getting burned
International Trade
Bloomberg | Top Story | April 02, 2021

Farmers across US stay cautious after years of getting burned

Corn is in the midst of its best rally in a decade, and soybeans have also surged. But the gains weren’t enough to prompt the U.S. government to bulk up its planting estimates, as instead its survey showed that farmers would exercise restraint after years of disappointment.
Pakistan’s trade flip-flop evokes conflict between the Koreas

Bloomberg | April 02, 2021 | International Trade

US trade chief raises concerns on Vietnam currency policy
International Trade
Bloomberg | Top Story | April 02, 2021

US trade chief raises concerns on Vietnam currency policy

U.S. Trade Representative Katherine Tai raised concerns about Vietnam’s currency practices during a virtual meeting on Thursday with the country’s trade minister.
Japan’s Suga to be the first foreign leader to meet with Biden

Bloomberg | April 02, 2021 | International Trade

Biden’s top economic, security aides set summit on chip shortage

Bloomberg | April 01, 2021 | International Trade

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WTO sees a rebound for the global economy, goods trade in 2021

Bloomberg | April 01, 2021 | International Trade

The World Trade Organization raised its projection for growth in global merchandise trade this year to 8% -- the biggest increase since 2010 -- while warning Covid-19 continues to pose the greatest threat to the outlook as new waves of infection could undermine any hoped-for recovery.

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Raimondo says Chinese metal tariffs are imperfect but leveled the field

Bloomberg | April 01, 2021 | International Trade | Commodity

The U.S.’s tariffs on metals imports from China have helped even out competition for the nation’s steel and aluminum producers despite creating problems for other industries, Commerce Secretary Gina Raimondo said.

Biden’s rust belt revival plan risks luring more foreign steel
International Trade
Bloomberg | Top Story | April 01, 2021

Biden’s rust belt revival plan risks luring more foreign steel

U.S. steelmakers show no signs of adding blue-collar jobs, while manufacturers seek cheaper supplies from overseas.

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