International Trade


China’s Holiday Spending Slumps as Consumer Demand in Asia Slows

Bloomberg | October 07, 2022 | International Trade

First US Cobalt Mining Operation to Begin After More Than 30-Year Hiatus

Bloomberg | October 06, 2022 | International Trade

Hurricane Ian pummeled shrimp industry already hit by cheap imports
International Trade
Bloomberg | Top Story | October 06, 2022

Hurricane Ian pummeled shrimp industry already hit by cheap imports

Shrimp boats have fed Chazz Alario’s family for four generations, first in the bayous of Louisiana, where he grew up, and now in Fort Myers, Florida. 
Australia trade surplus unexpectedly narrows on import strength

Bloomberg | October 05, 2022 | International Trade

Secretive chip startup may help Huawei circumvent US sanctions

Bloomberg | October 05, 2022 | International Trade

Much-needed Canada grain piles up amid rail bottleneck
Intermodal
Bloomberg | Top Story | October 05, 2022

Much-needed Canada grain piles up amid rail bottleneck

The world sorely needs more grains and Canada has a bin-busting harvest this year -- but shippers fear there aren’t enough rail cars to transport it all.
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U.S. international trade in goods and services, August 2022

AJOT | October 05, 2022 | International Trade

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $67.4 billion in August, down $3.1 billion from $70.5 billion in July, revised.

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US trade deficit narrows for a fifth month to smallest in a year

Bloomberg | October 05, 2022 | International Trade

The US trade deficit shrank for a fifth month in August to the smallest in more than a year, reflecting a decline in the value of imports that’s poised to lend support to economic growth in the third quarter.

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WTO slashes forecast for merchandise trade growth in 2023

Bloomberg | October 05, 2022 | International Trade

Global merchandise trade will slow next year as “multiple shocks” ranging from Russia’s war in Ukraine, high energy costs in Europe and US monetary policy tightening raise manufacturing costs and squeeze households, the World Trade Organization said.

Apple iPhone exports from India doubling in boon to Modi’s plan
International Trade
Bloomberg | Top Story | October 04, 2022

Apple iPhone exports from India doubling in boon to Modi’s plan

Apple Inc.’s iPhone exports from India crossed $1 billion in the five months since April, according to people familiar with the matter, signaling the South Asian nation is making progress with its bid to become a force in electronics manufacturing.
Turkish trade deficit widens by 300% as energy bill swells again

Bloomberg | October 04, 2022 | International Trade | Commodity

German grid operator warns of potential cuts to winter power exports

Bloomberg | October 04, 2022 | Energy | International Trade

US to announce new limits on chip technology exports to China
International Trade
Bloomberg | Top Story | October 04, 2022

US to announce new limits on chip technology exports to China

The Biden administration plans to announce new restrictions on China’s access to U.S. semiconductor technology, according to people with knowledge of the situation, an escalation of Washington’s efforts to stifle Beijing’s industrial ambitions and a risk to growth for the $550 billion sector.
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Australia could grab 20% of world’s lithium refining by 2027

Bloomberg | October 04, 2022 | International Trade | Commodity

Australia is poised to grab a fifth of the world’s lithium hydroxide refining capacity within five years as demand grows for battery metals that bypass China, Canberra said in a report.

China restricts exports of corn starch, signaling supply worries

Bloomberg | October 03, 2022 | International Trade | Commodity

Demand for aluminum slows in another sign of troubled economy

Bloomberg | October 02, 2022 | International Trade | Commodity

South Korea posts longest run of trade deficits since 1997

Bloomberg | October 02, 2022 | International Trade

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Graves Bill to Speed Disaster Recovery Efforts to Become Law

AJOT | September 30, 2022 | International Trade

A bipartisan bill led by Transportation and Infrastructure Committee Ranking Member Sam Graves (R-MO) to expedite disaster recovery projects across the Nation, particularly in small and rural areas, has passed both the House and Senate and has been sent to the President to be signed into law.

Ian Latest: Florida’s Hardest-Hit County Has No Running Water

Bloomberg | September 30, 2022 | International Trade

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