International Trade

CBP will seize aluminum products manufactured using forced labor by Chinese-owned, Dominican based company

AJOT | December 05, 2024 | International Trade

Apple plans $1 billion manufacturing plant investment in Indonesia, minister says

Reuters | December 05, 2024 | International Trade

Tech giant Apple plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia's investment minister said on Thursday.

DHL Global Connectedness Tracker: Globalization remains at a record level, despite geopolitical tensions and uncertainties

AJOT | December 05, 2024 | International Trade

• DHL Global Connectedness Tracker provides easy to use data tool for customized deep dives into the state of globalization and global trade • Share of global economic output traded internationally remains close to all-time high • Countries that are neither close allies of the U.S. nor of China are growing their shares of world trade, connecting geopolitical rivals • Traded goods traversed the longest average distance on record, countering claims of a broad regionalization trend

Planned EU-Mercosur deal is unacceptable, says Elysee

Reuters | December 05, 2024 | International Trade

French President Emmanuel Macron's office said on Thursday a draft agreement clinched between the European Union and South America's Mercosur bloc was "unacceptable".

NRF chief economist says ‘conditions are shaping up for a successful holiday retail season’

AJOT | December 05, 2024 | International Trade

EU chief jets in to South America as Mercosur trade deal hopes rise

Reuters | December 05, 2024 | International Trade

Canada posts eighth straight monthly trade deficit in October

Reuters | December 05, 2024 | International Trade

Canada recorded a bigger-than-expected trade deficit of C$924 million ($657.60 million) in October, its eighth straight monthly trade shortfall, as exports could not overtake imports despite its first rise since June, data showed on Thursday.

Trump picks loyalist Navarro to reprise White House trade role

Reuters | December 05, 2024 | International Trade

Soy traders push to weaken ban on buying from deforested Amazon

Reuters | December 05, 2024 | International Trade | Commodity

International Trade

Reuters | Top Story | December 05, 2024

As tariffs loom, Gillette-razor maker P&G sourcing more steel from India

Procter & Gamble has overhauled its supply chain for the tiny, extra-thin strips of stainless steel in its Gillette razors to source from India, a move expected to help protect its margins from any tariffs U.S. President-Elect Donald Trump may impose.

Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive

Reuters | December 04, 2024 | International Trade | Commodity

Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald Trump.

Cargill begins job cuts in drive to reduce headcount by 5%

Global commodities trader Cargill began laying off employees across its vast operations on Tuesday in a drive to slash headcount by 5%, sending U.S. workers from supply chain, inventory control and other roles to look for new jobs.

GM to take more than $5 billion in charges on China operations

Reuters | December 04, 2024 | International Trade

General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value.

International Trade

Reuters | Top Story | December 03, 2024

International Trade

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