International Trade

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U.S. Cargo and Passenger Airlines Gained 760 Jobs in February 2024; Employment Remains 5.7% Above Pre-Pandemic February 2020

AJOT | April 18, 2024 | International Trade

U.S. airline industry (passenger and cargo airlines combined) employment increased to 796,203 workers in February 2024, 760 (0.10%) more workers than in January 2024 (795,554) and 42,821 (5.68%) more than in pre-pandemic February 2020 (753,382)...

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China vows to act after US calls for tariffs on steel products

Bloomberg | April 18, 2024 | International Trade

China slammed a US plan to impose new restrictions on its steel and aluminum products, saying it will take action to protect the country’s interests.

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Russian Diesel exports continue to plunge because of Drone Attacks

Bloomberg | April 18, 2024 | International Trade

Russia’s diesel exports are continuing to plunge in the weeks after drone attacks on the nation’s oil refineries.

S&P 500 suffers its longest slide since January: Markets Wrap

Bloomberg | April 17, 2024 | International Trade

Yellen fully expects fresh sanctions on Iran in coming days

Bloomberg | April 17, 2024 | International Trade

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Biden seeks higher tariffs on Chinese steel, aluminum to support US firms

Bloomberg | April 17, 2024 | International Trade | Commodity

President Joe Biden is calling for higher tariffs on Chinese steel and aluminum, part of a series of steps to shore up the American steel sector and woo its workers in this year’s election.

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Cook says Apple considers making gadgets in Indonesia in pivot from China

Bloomberg | April 17, 2024 | International Trade

Apple Inc. is weighing the possibility of making some of its gadgets in Indonesia, as the iPhone maker explores production bases beyond its longtime stronghold of China.

Xi rebuffs Scholz pressure to rein in Chinese manufacturing

Bloomberg | April 17, 2024 | International Trade

Swiss Parliament rejects joining Russia sanctions task force

Bloomberg | April 17, 2024 | International Trade

China’s exports to Russia slump amid US threat of war sanctions

Bloomberg | April 17, 2024 | International Trade

World’s number 2 citrus exporter challenges EU on restrictions

Bloomberg | April 17, 2024 | International Trade

Japan’s exports get boost from China aided by yen tailwind

Bloomberg | April 17, 2024 | International Trade

Microsoft invests $1.5 billion in UAE’s G42 in pivot from China

Bloomberg | April 17, 2024 | International Trade

The architect of EU’s carbon market says it’s time to allow imported credits

Bloomberg | April 17, 2024 | Green Shipping | International Trade

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Global trade activity shows green shoots of recovery, led by strong growth in China and the US

AJOT | April 17, 2024 | International Trade

New data from Tradeshift's Q1 Index of Global Trade Health paints an encouraging picture for global trade, with robust growth observed in China and the US, alongside indications of a rebound in global demand for manufactured goods...