U.S. manufacturing is starting to show signs of slowing amid the current U.S. trade war with China, according to industry respondents featured in the Institute for Supply Management's (ISM) December manufacturing report.
The Trump administration indicated it could delay imposing steel and aluminum tariffs on some nations while negotiations are taking place for a more permanent exemption, U.S. Trade Representative Robert Lighthizer said.
Negotiations with Mexico on an update to the North American Free Trade Agreement (NAFTA) are going well and may be close to wrapping up, U.S. Commerce Secretary Wilbur Ross said.
The Association of American Port Authorities (AAPA) has called on the Customs & Border Protection agency (CBP) as well as Congress to secure adequate allocation of resources to the ports.
The full potential of European Union free trade agreements (FTAs) remains untapped to the tune of almost EUR 72 billion (USD 89 billion), UNCTAD and the National Board of Trade Sweden say in a new report.
The national economic growth will continue to be marked by positive trends this year thanks to improvements to institutions and the investment environment.