Article
The U.S. is pressing ahead with plans to tighten restrictions on technology exports that some American companies fear could hurt research and development, even as President Donald Trump and his Chinese counterpart Xi Jinping agreed to a 90-day truce aimed at alleviating a trade war.
Article
U.S. President Donald Trump’s trade chief rejected Canadian proposals for unblocking NAFTA modernization talks on Monday but pledged to seek “breakthroughs” by late February, easing concerns that Washington would soon withdraw from the trilateral pact.
Article
U.S. retail sales unexpectedly fell in February for a third month, adding to signs that consumer spending will cool this quarter from the previous period’s hot pace.
Article
American sanctions on Iran took full effect once more on Monday, and the U.S. Treasury Department has published a new list of blacklisted Iranian entities. The government-owned Islamic Republic of Iran Shipping Lines (IRISL) and the National Iranian Tanker Company (NITC) appear prominently, along with their vessels and subsidiaries.
Article
Officials from the U.S. and South Korea said further talks were needed to revise their free-trade pact, a negotiation straining ties between the allies as they grapple with Kim Jong Un’s growing nuclear-weapons threat.
Article
While the U.S. senate voted to end the current government shutdown, the proposed agreement is still pending a final approval from the House of Representatives.
Article
The United States on Thursday terminated Turkey’s preferential trade treatment that allowed some exports to enter the country duty free, but it has halved its tariffs on imports of Turkish steel to 25%.
Article
As of June 5th, India will be removed from the preferential trade program, known as the Generalized System of Preferences (GSP).
Article
Polymer demand in the United Arab Emirates (UAE) was affected by the recent implementation of the value added tax (VAT) on all goods and services within the region.
Article
Technology startups are focusing on reducing the empty container problem, a challenge that costs the container shipping industry about $20 billion per year.