Trending topics:
08/10/2015
The Obama administration in the U.S. is intent on developing trade with Africa, as evidenced by a recent trip partly funded by the U.S.-sponsored International Trade Association to the continent in mid-September.
14/09/2015
hinese growth has been slowing down for some time, and with that, demand for U.S. exports to the country. In August alone, both imports and exports fell sharply in the month of August. Chinese exports dropped 6.1%, while imports dropped by 14.3%.
28/08/2015
Though coverage of the top-level talks has been dominating the headlines, the actual meat of the negotiations remain shrouded in secrecy, only hinting at the issues that may be holding countries back from signing the deal (though Wikileaks has also leaked drafted sections of the deal). These secret TPP negotiations are starting to irk some of those involved.
31/07/2015
The U.S. Export-Import Bank, which helps finance foreign trade deals, had its authorization from the U.S. Congress lapse as of June 30, 2015.
21/07/2015
In late June, U.S. President Barack Obama signed the Trade Promotion Authority into law, ostensibly to give himself more leeway in negotiating international trade deals. The U.S.’ signing of the TPA has caused more than a ripple in U.S. ally Israel.
09/07/2015
When President Obama announced in April that the U.S. State Department would finally be taking Cuba off the list of state sponsors of terrorism, it set in motion a sense of optimism that diplomatic relations and trade would soon go back to normal with the Caribbean island country. However, US – Cuba trade is off to a slow start.
02/07/2015
The United States stands to benefit in trade from the growth of Asian economies such as Vietnam and Korea, British bank HSBC said in a report in late May. U.S. trade is expected to benefit strongly from an uptick in growth in China, Vietnam, India, and other countries in Asia.
15/06/2015
A dispute over meat imports and exports between the U.S. and trading partners Canada and Mexico is starting to heat up, following a decision in late May by the World Trade Organization. The COOL meat trade wars with U.S. are heating up.
08/06/2015
When China proposed its new international financial institution, the Asian Infrastructure Investment Bank (AIIB), in April, a number of Western nations – including the United Kingdom and Norway, among others – were eager to join it.
The U.S.’s hesitation to join China’s AIIB has left many shaking their heads.
25/05/2015
The U.S. imported $232.9 billion worth of goods $187.8 billion, while only exporting $187.8 billion, resulting in a U.S. trade deficit of $51.4 billion. This deficit marked an increase of $15.5 billion – or 43.1% – over February 2015 numbers.
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