International Trade

Reuters | Top Story | December 18, 2024

Seeing Trump 2.0 tariffs coming, America’s toymakers gird for ruckus

With the incoming Trump administration promising an entirely new round of tariffs on U.S. imports, Atlanta-based Kids2 and other toymakers are reviewing product lines, looking for ways to limit the cost of new levies.

California company settles proposed charges over illegal shipments to Russia

Reuters | December 18, 2024 | International Trade

Thai minister says aiming to beat 2025 export growth forecast

Reuters | December 18, 2024 | International Trade

Canada to impose more tariffs on Chinese imports in new year

Reuters | December 17, 2024 | International Trade

Canada plans to impose tariffs on a slew of Chinese products from as early as next year, the government's fiscal update showed, as part of its wider investigation into imports from the country.

Biden-Harris Administration announces CHIPS incentives awards with GlobalWafers to support domestic production of silicon wafers

AJOT | December 17, 2024 | International Trade

India’s November merchandise trade deficit widens to $37.84 billion

Reuters | December 16, 2024 | International Trade

India's merchandise trade deficit in November stood at $37.84 billion, according to a Reuters calculation based on export and import data released by the government on Monday.

US factory activity slumps further in December as tariffs loom

Reuters | December 16, 2024 | International Trade

U.S. manufacturing activity contracted further in December, with a measure of factory output dropping to the lowest level in more than 4-1/2 years amid worries that higher tariffs would raise prices of imported raw materials next year.

United Nations Convention on negotiable cargo documents pilot projects

AJOT | December 16, 2024 | International Trade

Procter & Gamble to disclose more details about wood-pulp audits, investors say

Reuters | December 16, 2024 | Green Shipping | International Trade | Commodity

Procter & Gamble has promised a group of shareholders it will disclose more details about how it audits wood-pulp suppliers, the investors told Reuters, after shareholders pushed the maker of Charmin toilet paper for years to source forest products more sustainably.

WTO fixes date for major meeting in Cameroon in early 2026

Reuters | December 16, 2024 | International Trade

World Trade Organization members agreed on Monday to hold the next ministerial conference in Cameroon in early 2026, the global trade watchdog said in a statement.

US foreign investment panel split on Nippon-U.S. Steel deal, FT reports

Reuters | December 15, 2024 | International Trade | Commodity

The U.S. Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of U.S. Steel has not yet come to an agreement on how to address security concerns, the Financial Times reported on Sunday.

Americans are sour on tariffs if they spark inflation, Reuters/Ipsos poll finds

Reuters | December 15, 2024 | International Trade

US import prices rise marginally in November

Reuters | December 15, 2024 | International Trade

USDA approves funds to fight screwworm, may resume Mexico cattle imports this year

Reuters | December 13, 2024 | International Trade

The Biden administration approved a second round of emergency funding to block New World screwworm from entering the U.S. on Friday, a U.S. Department of

International Trade

AJOT | Top Story | December 13, 2024

AAFA urges ILA to formally and swiftly return to negotiating table to reach a deal

The American Apparel & Footwear Association issues the following statement from president and CEO Steve Lamar, following President-elect Donald Trump's discussion with the ILA about U.S. ports.

S&P Global: AI’s adoption will accelerate and direct change in labor markets, energy, and society

AJOT | December 13, 2024 | International Trade

COSTCO refuses to bargain in good faith with Teamsters

AJOT | December 13, 2024 | International Trade

Canadian premiers urge strong response to Trump tariff threat, minister says

Reuters | December 12, 2024 | International Trade | Commodity

Some Canadian premiers are urging Ottawa to respond robustly to the threat of tariffs from incoming U.S. President Donald Trump and have highlighted critical minerals and metals as products the United States relies on, Canada's finance minister said on Wednesday.

Brazilian miner Vale invests in US startup as part of decarbonization push

Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonize heat generation.

US Bureau of Labor statistics: Producer price index November - 2024

AJOT | December 12, 2024 | International Trade

The Producer Price Index for final demand rose 0.4 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices increased 0.3 percent in October and 0.2 percent in September. (See table A.) On an unadjusted basis, the index for final demand advanced 3.0 percent for the 12 months ended in November, the largest rise since moving up 4.7 percent for the 12 months ended February 2023.

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