AJOT | December 09, 2024 | International Trade | By The Numbers
AJOT | December 06, 2024 | International Trade
U.S. Customs and Border Protection, Office of Field Operations officers assigned to the Pharr International Bridge cargo facility seized 34,286 pounds (15,552kg) of sweetened condensed milk, in an alleged fraudulent entry attempt.
World trade is on track to hit a record $33 trillion in 2024, but risks of expanded trade wars and ongoing geopolitical challenges cast uncertainty over the outlook for 2025.
Reuters | December 06, 2024 | International Trade
China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming
AJOT | December 06, 2024 | International Trade | By The Numbers
California’s export trade recorded a strong 5.3% annual gain in the latest numbers, causing the state's share of the nation's export trade to shoot up to 9.3%. Equally remarkable was that exports from Texas fell 6.9% year-over-year while overseas shipments from Florida declined by 4.2%. U.S. exports overall slipped by 0.7%.
AJOT | December 05, 2024 | International Trade
Reuters | December 05, 2024 | International Trade
The U.S. trade deficit contracted sharply in October as imports declined by the most since late 2022, potentially positioning trade to contribute to economic growth in the fourth quarter.
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 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
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".
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.
Reuters | December 05, 2024 | International Trade | Commodity
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.
Reuters | December 04, 2024 | International Trade | Commodity | Maritime | Bulk
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.
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