Reuters | May 16, 2025 | Intermodal | International Trade
A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.
Reuters | May 16, 2025 | International Trade
U.S. import prices unexpectedly rose in April as a surge in the cost of capital goods offset cheaper energy products.
AJOT Newsroom | May 16, 2025 | International Trade | Commodity
President Donald Trump said on Friday that over the next two to three weeks U.S. officials will be sending letters to countries outlining "what they will be paying to do business in the United States."
AJOT Newsroom | May 16, 2025 | International Trade
The governments of the United Arab Emirates and the United States have agreed to establish the "US-UAE AI Acceleration Partnership" framework to further bolster cooperation around critical technologies and ensure the protection of such technologies based on a set of joint commitments.
The Asia-Pacific Economic Cooperation group adopted a statement on Friday that cited "fundamental challenges" facing the global trading system, but stopped short of discussing a joint response to U.S. tariffs looming large over its meeting.
Nvidia is seeking a site in Shanghai for a research and development centre, three sources close to the matter said, reflecting the strategic significance of the Chinese market where U.S. curbs on advanced chip exports have hit sales.
Reuters | May 15, 2025 | International Trade
A bipartisan group of eight U.S. lawmakers introduced a bill on Thursday that would require makers of artificial intelligence chips such as Nvidia to include technology to verify the location of their chips before exporting them.
Japan's top trade negotiator, Ryosei Akazawa, could travel to Washington as soon as next week for a third round of trade talks with the U.S., two sources with knowledge of the plans told Reuters on Thursday.
Reuters | May 15, 2025 | International Trade | Commodity
U.S. envoys in Africa will be rated on commercial deals struck, not aid spent, a senior State Department official said, touting it as the new strategy for U.S. support on the continent.
Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, two people familiar with the deal told Reuters, its first in the country, in a move that could reduce its exposure to unpredictable U.S.-China trade tensions.
On Cristian Giacobone's farm in the heart of Argentina's Pampas plains, workers in the soy fields have been up since dawn, racing to harvest the rain-delayed crop before the arrival of new storms that will make threshing more difficult.
Reuters | May 14, 2025 | International Trade
When U.S. Treasury Secretary Scott Bessent this week said Switzerland and Britain had jumped to the front of the queue for a trade deal with the United States, he warned the European Union it was moving "much slower". Brussels says it is not overly worried.
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