International Trade

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Solar groups lobby Biden to head off sector-roiling trade case

Bloomberg | April 19, 2024 | Energy | Alternative | International Trade

Solar developers are lobbying the Biden administration to bolster support for domestic manufacturing in a long-shot bid to discourage panel makers from seeking additional tariffs on imports.

South Africa to keep anti-dumping duties on chicken imports from US

International Trade

Bloomberg | Top Story | April 19, 2024

South Africa to keep anti-dumping duties on chicken imports from US

South Africa’s trade minister approved a recommendation to maintain anti-dumping duties on frozen bone-in chicken portions originating in or imported from the US...

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Huawei unveils new phone lineup to ramp up the pressure on Apple

Bloomberg | April 19, 2024 | International Trade

Huawei Technologies Co. released its latest series of smartphones on Thursday, sustaining its momentum after the breakthrough Mate 60 device helped erode Apple Inc.’s dominance in China’s high-end segment.

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Arnault says he hopes tensions with China on luxury quiet down

Bloomberg | April 19, 2024 | International Trade

Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.

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Ethiopia opens door for prized coffee exports to foreigners

Bloomberg | April 19, 2024 | International Trade

Africa’s biggest coffee producer has revised rules to allow foreign companies to buy the commodity directly from farmers and processors, the latest in reforms to liberalize East Africa’s biggest economy.

Swiss watch exports plunge as China and Hong Kong demand dries up

Bloomberg | April 19, 2024 | 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.