Tag - trade

 
 

TRADE

A Chinese flag is flown near a Huawei store in Shanghai in 2023.
WORLD / Politics
May 8, 2024
U.S. revokes some export licenses for firms supplying China's Huawei
Huawei was placed on a U.S. trade restriction list in 2019 amid fears it could spy on Americans.
Russian President Vladimir Putin looks through a helicopter window during his flight to the Novatek-Murmansk's Offshore Superfacility Construction Center in the village of Belokamenka, in Russia's Murmansk region, last July.
BUSINESS / ANALYSIS
May 5, 2024
How Western sanctions are strangling Putin’s Arctic gas ambitions
The Novatek PJSC-led Arctic LNG 2 facility is a key part of Moscow’s plans to boost exports and replenish coffers. But it has remained virtually idled.
Chinese leader Xi Jinping and French President Emmanuel Macron visit the garden of the residence of the governor of Guangdong, China, in April last year.
ASIA PACIFIC / Politics
May 5, 2024
France’s Macron calls for reset of economic ties with China
The French president said that Europe wants more reciprocity in its economic ties with China, in order to better ensure its economic security.
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan to prop up the currency.
BUSINESS / Markets
May 4, 2024
Traders spooked by intervention risk trim record yen shorts
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan.
Local residents look at damage at a site of a Russian missile strike in Kharkiv, Ukraine, on Tuesday.
WORLD / Politics
May 2, 2024
U.S. issues hundreds of sanctions targeting Russia and takes aim at Chinese firms
Of the nearly 300 targets onto which the U.S. imposed sanctions, 20 are companies based in China and Hong Kong.
U.S. Secretary of State Antony Blinken meets with Chinese President Xi Jinping in Beijing on Friday.
COMMENTARY / World
Apr 30, 2024
U.S.-China tensions rise as the tides begin shifting
Irritation colored last week’s visit to China by U.S. Secretary of State Antony Blinken amid amplified Chinese anxiety.
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego, California, on March 13, 2023.
WORLD / Politics
May 1, 2024
U.S. reduces arms licensing burden for U.K. and Australia to boost AUKUS
The U.S. State Department unveiled its proposal to reduce licensing requirements for transferring military equipment as part of the AUKUS defense project.
TikTok raised eyebrows last month when it mobilized users to petition against a potential ban, demonstrating its influence on Americans.
BUSINESS / Tech
Apr 30, 2024
TikTok and Tesla just the start of U.S.-China clash over Big Data
Data security is again taking center stage in the intensifying rivalry between the U.S. and China.
At the State Department, an eight-person group informally known as "the firm” is taking steps to help embattled nations when China responds to political disputes with what the U.S. and its allies call "economic coercion."
ASIA PACIFIC / Politics
Apr 29, 2024
U.S. ‘firm’ steps in when China is seen as a bully, not a partner
At the U.S. State Department, an eight-person group is taking steps to help nations when China responds to political disputes with "economic coercion."
A truck rolls off a cargo vessel docked at Esbjerg Port in Ebjerg, Denmark. European Union food imports to the U.K. are about to get more expensive and complicated as the British government implements the Brexit deal.
BUSINESS / Companies
Apr 27, 2024
Britons finally taste full Brexit as costly border checks begin
From April 30, the U.K. will impose checks on European Union food imports — a stark reversal from the pre-Brexit era of frictionless trade.
Russian President Vladimir Putin is welcomed by Chinese leader Xi Jinping during a ceremony at the Belt and Road Forum in Beijing last October.
WORLD / Politics
Apr 27, 2024
Half of Russia's payments to China made through middlemen
The intermediaries are legal entities from jurisdictions considered "friendly" to Russia, sources said.
Exporters will be helped both by the stronger dollar, and also by their exposure to the U.S. economic resilience.
BUSINESS / Markets
Apr 25, 2024
Dollar wrecking ball forces investors to seek cover in exporters
Those with significant dollar earnings are set for a windfall, with major beneficiaries including heavyweight Asian chipmakers.
South Korean President Yoon Suk-yeol
BUSINESS / Economy
Apr 25, 2024
South Korea’s economic growth beats forecast as exports rise
South Korea's gross domestic product advanced 1.3% in the three months through March, easily outpacing economists’ consensus for a 0.6% expansion.
Chinese President Xi Jinping’s government has so far shown restraint in responding to a drumbeat of U.S. trade curbs, but driving TikTok out of the U.S. could challenge that calibration.
WORLD / Politics
Apr 25, 2024
TikTok ultimatum puts U.S. firms in firing line for China response
Legislation approved on Wednesday would give parent company ByteDance nearly a year to divest the video-sharing platform before facing an outright ban.
Buyers inside an exhibition hall at the Canton Fair in Guangzhou on April 17.
BUSINESS / Companies
Apr 24, 2024
China’s prices are just too low for buyers to sweat about tariffs
Many buyers at China’s biggest trade event in the southern city of Guangzhou shrugged off the risk of an escalating trade war with the U.S.
U.S. Secretary of Commerce Gina Raimondo speaks at an event held by the National Committee on U.S.-China Relations and the U.S.-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November.
BUSINESS / Tech
Apr 22, 2024
Raimondo says Huawei’s chip breakthrough is years behind U.S. tech
Raimondo said the technology gap shows the Biden administration’s success in imposing export controls on China.
Australian Prime Minister Anthony Albanese, U.S. President Joe Biden and British Prime Minister Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego, in March last year.
ASIA PACIFIC / Politics
Apr 20, 2024
U.S. 'fully expects' to finalize new AUKUS trade exemptions in next 120 days
The announcement signals a further delay in the move, but offers the prospect of a positive outcome in the project to counter China.
Resistance to adopting digital technologies, restrictive EU regulations, and energy-price shocks are potential explanations for Europe's lagging productivity.
COMMENTARY / World
Apr 10, 2024
Why is Europe losing the productivity race?
A forthcoming report from Mario Draghi will recommend removing barriers to competition, which would intensify the pressure on firms to innovate.
Russian President Vladimir Putin and Iranian President Ebrahim Raisi during the signing of the Rasht-Astara railway agreement in May 2023.
WORLD / Politics
Apr 18, 2024
New 'sanctions-proof' transport routes put Russia at heart of global trade
Shipping and rail networks via Iran and an Arctic sea passage could strengthen Moscow’s pivot toward China and India and away from Europe.
U.S. President Joe Biden speaks at a campaign event at the Scranton Cultural Center in Scranton, Pennsylvania, on Tuesday.
BUSINESS
Apr 17, 2024
Biden seeks higher tariffs on Chinese steel and aluminum
The president was set to reiterate that United States Steel should remain American-owned.

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