International Trade


Ukraine and Russia to sign grain export deal, Turkey says

Bloomberg | July 22, 2022 | International Trade | Commodity

Statement by Ambassador Tai following Senate passage of the Formula Act
International Trade
AJOT | Top Story | July 21, 2022

Statement by Ambassador Tai following Senate passage of the Formula Act

“Today’s vote sends a strong, bipartisan message that the United States will use all the tools at our disposal to address the infant formula shortage, strengthen the resilience of the formula supply chain, and lower costs for American families.
India may allow more sugar exports to prevent defaults

Bloomberg | July 21, 2022 | International Trade | Commodity

China’s top steel mill adds its voice to industry’s alarm

Bloomberg | July 21, 2022 | International Trade | Commodity

China’s top chipmaker achieves breakthrough despite US curbs

Bloomberg | July 21, 2022 | International Trade

Korea early exports hold up on chip sales despite China lockdown

Bloomberg | July 21, 2022 | International Trade

US banks keep financing trade of Russian crops as EU peers balk

Bloomberg | July 21, 2022 | International Trade | Commodity

Japan logs trade deficit for 11th month on energy, weak yen

Bloomberg | July 21, 2022 | International Trade

US, Canada Say Mexico Energy Moves Break Trade Deal; Seek Talks
International Trade
Bloomberg | Top Story | July 20, 2022

US, Canada Say Mexico Energy Moves Break Trade Deal; Seek Talks

The US and Canada said Mexico’s nationalist energy policies violate North America’s free-trade deal, with Washington requesting dispute-settlement talks under the agreement and Ottawa saying it will do the same.
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India May Allow Sugar Mills to Export More to Prevent Defaults

Bloomberg | July 20, 2022 | International Trade

India may allow sugar mills to export more than previously permitted to help them prevent contract defaults, according to people familiar with the matter.

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Secretary Gina Raimondo Presents Presidential Awards for Export Excellence to U.S. Businesses and Manufacturers

AJOT | July 20, 2022 | International Trade

The “E” and “E Star” awards are the highest recognitions a U.S. entity can receive for making a significant contribution to the expansion of U.S. exports. Of the 19 recipients, 14 are small and-medium-sized businesses and 5 are manufacturers.

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US Official Sees Curbs on Exports to Russia as Template for China

Bloomberg | July 20, 2022 | International Trade

The US’s successful collaboration with 37 other nations that’s driven down exports to Russia serves as a blueprint for a new regime on tackling threats from China, the head of the Commerce Department’s Bureau of Industry and Security said.

Australia Infant Formula Maker Surges on Record Sales After US Deal

Bloomberg | July 19, 2022 | International Trade

Senate Moves Forward With $52 Billion in Semiconductor Funding

Bloomberg | July 19, 2022 | International Trade

CONECT’s annual Trade & Transportation Conference speakers show the way forward
International Trade
George Lauriat | Top Story | July 19, 2022

AJOT Insights
CONECT’s annual Trade & Transportation Conference speakers show the way forward

This year’s conference given the challenges the industry faces was aptly titled “The Way Forward” and a solid lineup of speakers were put in place to help show a full-house of 150 plus attendees the path ahead.
Jeep’s China failure sends foreboding signal to global carmakers

Bloomberg | July 19, 2022 | International Trade

Romania warns corn exports may slump as drought shrinks harvest

Bloomberg | July 19, 2022 | International Trade | Commodity

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Yellen touts ‘Friend-Shoring’ as global supply chain fix

Bloomberg | July 19, 2022 | International Trade

US Treasury Secretary Janet Yellen called on “trusted” US allies to strengthen trade relationships to shore up global supply chains disrupted by the pandemic, worsened by Russia’s war in Ukraine and threatened longer term by a reliance on China.

China disputes report Xi invited Europe heads to Beijing meeting

Bloomberg | July 19, 2022 | International Trade

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