International Trade

Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the bottom of the ocean are causing headaches for U.S. retailers already reeling from the pandemic.

The European Commission started an investigation into whether the safeguard measure currently in place on imports of certain steel products should be prolonged beyond the end of June.

China surprised Taiwan with a move to block pineapple imports, stepping up economic pressure on President Tsai Ing-wen’s administration as it continues to spar with Beijing.

For months, drone aficionados have followed coverage on hobbyist websites of rumors and leaks about SZ DJI Technology Co.’s new drone. On Wednesday, DJI even posted on its website a teaser video in anticipation of the release.

Hong Kong exports soared the most since 1992 as trade picked up across Asia due to the timing of the Lunar New Year and a wider economic recovery on growing optimism about vaccines.