International Trade

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E-Commerce spike in early 2020 gives way to increased store sales

AJOT | March 04, 2021 | International Trade

• Total annual retail sales (excluding auto, gas and restaurants) grew by 6.4% year-over-year in 2020 to $4.0 trillion.1 • E-commerce sales surged at the start of the pandemic in Q2 2020 but decreased by 2% in the second half of the year, while in-store sales increased by 12%. • Increasingly, the retail store is supporting e-commerce, as 62% of all online orders are expected to be fulfilled by physical stores in 2021.2

CBP electronics, machinery centers, HSI BEST Task Force seize $14.7 million in counterfeit electronics at World Trade Bridge
International Trade
AJOT | Top Story | March 04, 2021

CBP electronics, machinery centers, HSI BEST Task Force seize $14.7 million in counterfeit electronics at World Trade Bridge

U.S. Customs and Border Protection’s (CBP) Electronics and Machinery Centers of Excellence and Expertise (CEEs) and Homeland Security Investigations' (HSI) Border Enforcement Security Task Force Financial/Commercial Fraud group in a collaborative effort seized $14.7 million in counterfeit electronics devices, toys and furniture infringing on multiple CBP-registered trademarks.
U.S., U.K. weigh more Russia sanctions, possibly targeting debt

Bloomberg | March 04, 2021 | International Trade

US weighs sanctions against Lebanon Central Bank chief

Bloomberg | March 04, 2021 | International Trade

Italy blocks Astra vaccine export, risks backlash against EU

Bloomberg | March 04, 2021 | International Trade

Biden Commerce chief says steel, aluminum tariffs ‘effective’
International Trade
Bloomberg | Top Story | March 04, 2021

Biden Commerce chief says steel, aluminum tariffs ‘effective’

Tariffs that Donald Trump placed on foreign steel and aluminum have been “effective,” President Joe Biden’s commerce secretary said, an indication that the Biden administration won’t soon abolish the highly contentious duties.
Americans want to stay tough on China. Some doubt Biden will

Bloomberg | March 04, 2021 | International Trade

Brexit antagonism escalates as EU, U.K. go another round

Bloomberg | March 04, 2021 | International Trade

Sugar to get more expensive as India set to miss export target
International Trade
Bloomberg | Top Story | March 03, 2021

Sugar to get more expensive as India set to miss export target

India is set to miss its goal for sugar exports this year because of a late start to shipments and logistical challenges, potentially providing further fuel to the sweetener’s blistering rally.
Australia plans to loosen China’s grip on minerals supply chain

Bloomberg | March 03, 2021 | International Trade | Commodity

Huawei CFO case is still political under Biden, Meng lawyers say

Bloomberg | March 03, 2021 | International Trade

EV battery battle has carmakers urging peace before Biden acts

Bloomberg | March 03, 2021 | International Trade

Blinken says only China can truly challenge global system

Bloomberg | March 03, 2021 | International Trade

U.K. stokes EU tension with unilateral Northern Ireland move

Bloomberg | March 03, 2021 | International Trade

Blinken says only China can ‘seriously challenge’ global system

Bloomberg | March 03, 2021 | International Trade

U.K. names eight freeports in bid to boost post-Brexit trade

Bloomberg | March 03, 2021 | International Trade

USDOC adds 14 parties to the entity list for support of Russian WMD Programs and chemical weapons activities

AJOT | March 03, 2021 | International Trade

Biden’s Russia, Saudi sanctions spark grumblings of weakness

Bloomberg | March 03, 2021 | International Trade

China revs up grand chip ambitions to counter U.S. blacklistings

Bloomberg | March 03, 2021 | International Trade

Producers in biggest black tea exporter Kenya seek solar developers

Bloomberg | March 03, 2021 | International Trade | Commodity

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