International Trade

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say

Reuters | January 13, 2025 | International Trade | Commodity

The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday, giving them some time to revive the politically contentious deal.

Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites, IDC says

Reuters | January 13, 2025 | International Trade

Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International Data Corporation (IDC) on Monday.

International Trade

Reuters | Top Story | January 13, 2025

US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say

U.S. President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters.

International Trade

Reuters | Top Story | January 13, 2025

US tightens its grip on AI chip flows across the globe

The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its allies while finding more ways to block China's access.

December CNBC/NRF retail monitor results show strong growth boosted by final Thanksgiving weekend days

AJOT | January 13, 2025 | International Trade

NAW presents Dirk Van Dongen Lifetime Achievement Award to Bergman, CEO of Henry Schein, Inc.

AJOT | January 13, 2025 | International Trade

St. Louis region’s chemical industry welcomes new investment

AJOT | January 13, 2025 | International Trade | Commodity

$250 million in expansions by Procter & Gamble and MilliporeSigma is creating 270 new jobs in already thriving sector

Navigating compliance: Adapting to changing Customs regulations in global supply chains

AJOT | January 13, 2025 | International Trade

Customs compliance is critical for businesses operating in today's globalized market. With constantly evolving regulations and increased scrutiny, understanding and adapting to these changes is essential for ensuring smooth and efficient movement of goods across borders.

Greenland’s rich but largely untapped mineral resources

Reuters | January 13, 2025 | International Trade | Commodity

U.S. President-elect Donald Trump last week reiterated his interest in taking control of Greenland, a semi-autonomous territory of Denmark, which could be useful for the U.S. because of its strategic location and rich mineral resources.

German meat exports face disruption after foot-and-mouth disease case

Reuters | January 13, 2025 | International Trade

Germany's meat and dairy exports outside the EU face severe restrictions after the country’s first case of the livestock disease foot-and-mouth was confirmed on Friday, the country's agriculture ministry said.

How the new AI chip rule from the US will work

Reuters | January 13, 2025 | International Trade

China exports accelerate amid trade tensions, imports surprise

Reuters | January 13, 2025 | International Trade

China's exports gained momentum in December, with imports also showing recovery, though strength at the year-end was in part fuelled by factories rushing inventory overseas as they braced for heightened trade risks under a Trump presidency.

December 2024 U.S. Transportation Sector Unemployment (4.3%) Was the Same As the December 2023 Level (4.3%) And Above the Pre-Pandemic December 2019 Level (2.8%)

AJOT | January 10, 2025 | International Trade

The unemployment rate in the U.S. transportation sector was 4.3% (not seasonally adjusted) in December 2024 according to Bureau of Labor Statistics (BLS). These data have been updated on the Bureau of Transportation Statistics’ (BTS) Unemployment in Transportation dashboard.

US lawmakers ask government to consider curbs on biotech exports to China’s military

Reuters | January 10, 2025 | International Trade

A bipartisan group of lawmakers called on the Biden administration to consider restricting the export of U.S. biotechnology to the Chinese military, citing concerns Beijing could weaponize it to create more toxic pathogens.

DP World appoints Jason Haith as Vice President of Freight Forwarding for U.S. and Mexico

AJOT | January 10, 2025 | International Trade

Mexico going to find a way to avoid US tariffs, minister says

Reuters | January 10, 2025 | International Trade

Mexico is going to find a solution to avoid the application of tariffs from the United States, Economy Minister Marcelo Ebrard said on Friday, following threats from U.S. President-elect Donald Trump to do so.

Canada foreign minister won’t run to replace Trudeau, cites US tariff threat

Reuters | January 10, 2025 | International Trade

Canadian Foreign Minister Melanie Joly on Friday announced she would not run in the race to replace Prime Minister Justin Trudeau, saying she wanted to focus on the threat posed by potential U.S. tariffs.

Amaero secures final approval for $23.5M loan from Export-Import Bank

AJOT | January 10, 2025 | International Trade

Amaero International Limited (ASX:3DA) (“Amaero” or the “Company”) is pleased to announce that Export-Import Bank of the United States’ (“EXIM”) bipartisan Board of Directors unanimously approved a direct loan in the amount of US$23.5 million to Amaero Advanced Materials & Manufacturing Inc., a wholly-owned U.S. operating subsidiary of Amaero.