International Trade

Latin America

US trade representative seen keeping up pressure on China | International Trade News

USTR annual report says it plans to continue to challenge countries that impose trade barriers and other hurdles. The United…

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Asia

Blinken reaffirms Trump-era ruling that Hong Kong lacks autonomy | International Trade News

Biden administration continues tough policy of Trump administration towards China on former British colony. Secretary of State Antony Blinken on Wednesday…

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Africa

Unequal, slow vaccinations could derail global trade rebound: WTO | Business and Economy News

WTO Director-General Ngozi Okonjo-Iweala warned the opportunity to bounce back may be ‘squandered’ if poorer countries lack access to coronavirus…

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Europe

Suez Canal blockage ‘could cause months of disruption’ at European ports

The six-day blockage in the Suez Canal could cause disruptions for months, according to Europe’s second busiest port. Lennart Verstappen,…

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Asia

Suez crisis creates winners and losers in the global supply chain | Business and Economy News

Piraeus, Greece – For someone who was losing $30,000 a day, Greek shipowner Yiorgos Gourdomihalis sounds very sanguine. Hours before…

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Middle East

Can another Suez Canal blockage be avoided?

Salvage crews refloat container vessel stuck on major shipping route. Credit

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Europe

Ever Given partially refloated in Suez Canal: Live news | International Trade News

The giant container ship has been stuck for a week, blocking one of the world’s busiest waterways. Egypt’s Suez Canal…

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Latin America

Stranded Ever Given back afloat in Suez Canal: Reports | International Trade News

DEVELOPING STORY The giant container ship has been stuck for a week, blocking one of the world’s busiest waterways. The…

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Latin America

Iran and China sign 25-year cooperation agreement | Business and Economy News

Deal signed in Tehran is expected to increase bilateral trade and military cooperation as US rivals move to deepen ties.…

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Europe

How will the Suez Canal blockage disrupt global trade?

Experts fear it could take weeks to dislodge container vessel stuck in major shipping lane. Aj Europe

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Africa

Rerouting: Suez Canal jam sends ripple through global trade | International Trade News

An abrupt starboard turn in the Atlantic Ocean is the perfect illustration of the trade disruption caused by the blockage…

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Latin America

Dislodging Suez Canal ship said to need at least a week | International Trade News

Efforts to dislodge the massive Ever Given container vessel blocking the Suez Canal will take until at least next Wednesday,…

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Latin America

Egypt races to dislodge massive ship blocking Suez Canal: Live | International Trade News

A giant container ship remained stuck sideways on Friday in Egypt’s Suez Canal, as authorities race to free the vessel…

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Latin America

Africa-bound: Ships set for costly detour amid Suez blockage | International Trade News

Ships are beginning costly and time-consuming detours around Africa with the Suez Canal still blocked by a massive container vessel,…

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Europe

Suez Canal blockage halts $9.6bn a day of ship traffic | International Trade News

A back-of-the-envelope calculation shows there’s about $9.6 billion worth of daily marine traffic halted by the massive container vessel that…

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Africa

Suez Canal blocked by massive container ship Ever Given: Live | International Trade News

A cargo container ship that is among the largest in the world has turned sideways and blocked all traffic in…

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Latin America

Container conundrum: Shippers struggle to meet surging demand | International Trade News

The world’s biggest makers of shipping containers are scrambling to meet a surge in demand for the metal boxes that…

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Europe

China lashes out at US over tighter Huawei restrictions | International Trade News

The United States informed some Huawei suppliers of tighter conditions on previously approved export licences, prohibiting items for use in…

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Middle East

UK economy shrank by less than expected in January | Brexit News

The United Kingdom’s economy shrank by less than feared in January as the country went back into a coronavirus lockdown,…

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Latin America

‘Absolute dismay’: UK exporters angry at one-sided border checks | Brexit News

The UK has postponed border checks on imports of EU goods until January but British exporters face extra paperwork. The…

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Africa

China still 30 years from being a top manufacturer: Ex-minister | Business and Economy News

China is at least 30 years away from becoming a manufacturing nation of “great power”, according to a former industry…

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Latin America

US, EU to suspend tariffs in Boeing-Airbus dispute | Aviation News

A first phone call on Friday clinched the first trade breakthrough to start rebuilding transatlantic relations between the United States…

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Asia

US trade deficit rises 1.9 percent as imports set new record | Coronavirus pandemic News

US imports of goods broke a record in January, rising to $68.2bn from $67bn in December, the US Department of…

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Africa

China wants to boost trade with US allies, no mention of US deal | International Trade News

Beijing will promote growth of ‘mutually beneficial’ China-US business relations, Premier Li says in annual parliament. China may join an…

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Europe

US suspends tariffs on UK goods to resolve aircraft dispute | International Trade News

Former US President Donald Trump’s administration had slapped tariffs on European goods worth $7.5bn. The United States has agreed to…

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Europe

Australia’s China Dream

We investigate why the relationship between Australia and China has hit rock bottom and meet those paying the price. Aj…

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Europe

US trade rep nominee says she will fight ‘unfair’ Chinese trade | Business and Economy News

Katherine Tai says she will will treat Chinese censorship as a trade barrier and fight ‘unfair’ economic practices. President Joe…

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Europe

Climate and cooperation: Biden’s trade goals differ from Trump’s | Climate Change News

United States President Joe Biden’s trade strategy looks to incorporate sustainable environment goals, advance racial equity and partner with allies,…

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Europe

Nigeria’s Okonjo-Iweala promotes vaccine equity on day one at WTO | Coronavirus pandemic News

The new head of the World Trade Organization (WTO) called Monday for a “technology transfer” when it comes to COVID-19…

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Asia

‘Hopeful’: WTO’s first woman and first African chief starts work | Coronavirus pandemic News

On her first day on the job, World Trade Organization chief Ngozi Okonjo-Iweala held talks with delegates from its 164 member…

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Europe

US freeze hits Europe’s fuel oil exports | International Trade News

While European plants benefitted from the US shutdown of refineries, now they have no clients to export fuel oil to.…

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Latin America

US Secretary of State Blinken tours Canada and Mexico ‘virtually’ | International Trade News

Due to the pandemic, Secretary of State Antony Blinken started a new chapter in American diplomacy on Friday with virtual…

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Europe

Biden’s trade nominee vows ‘worker-centric’ model to protect jobs | Business and Economy News

Katherine Tai, United States President Joe Biden’s top trade nominee, backed tariffs as a “legitimate tool” to counter China’s state-driven…

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Europe

Indoor farming gains ground amid pandemic, climate challenges | Agriculture News

Investors used to brush off Amin Jadavji’s pitch to buy Elevate Farms’ vertical growing technology and produce stacks of leafy…

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Europe

‘Vaccine nationalism’ will hurt all countries: New WTO chief | Coronavirus pandemic News

WTO’s incoming chief says members should speed up efforts to lift export restrictions on medicines and supplies. The World Trade…

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Africa

Nigeria’s Okonjo-Iweala becomes first woman, African to lead WTO | International Trade News

Ngozi Okonjo-Iweala formerly served as Nigeria’s finance minister and spent 25 years at the World Bank, where she rose to…

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