The world's biggest two economies are headed towards an inevitable divorce, but the US needs to manage it in a targeted way, according to an American study on economic ties with China. "Decoupling is likely … [Read more...]
Daily International Trade News
The following stories are selected and excerpted on a regular basis from media around the world on international trade issues that affect the United States. To read the full original article, follow the Source link in each story to the original media.
Trump’s gift to Biden: Record ag exports to China
U.S. farm exports to China are expected to hit a record $31.5 billion during President Joe Biden's first year in office, the U.S. Agriculture Department said in its latest quarterly forecast. That's … [Read more...]
US-China decoupling: halving investment in China could cost American GDP up to US$500 billion, report says
American companies would lose hundreds of billions of US dollars if they slashed investment in China or the nations increased tariffs, the US Chamber of Commerce said in a report highlighting the cost of a full … [Read more...]
US seen leaving Germans off Nord Stream 2 sanctions list: Report
The U.S. is likely to hold off sanctioning any German entities for now over the Nord Stream 2 gas pipeline from Russia, according to four people familiar with the matter, as the Biden administration seeks to … [Read more...]
U.S. says it won’t bow to pressure from Iran on more sanctions relief before potential talks
ABOARD AIR FORCE ONE (Reuters) - The United States plans to take no additional actions in response to pressure from Iran before talks with Tehran and major powers about returning to the 2015 Iran nuclear deal, … [Read more...]
Yellen says U.S. will keep tariffs on China in place for now
WASHINGTON (Reuters) - The United States will keep tariffs imposed on Chinese goods by the former Trump administration in place for now, but will evaluate how to proceed after a thorough review, Treasury … [Read more...]
EU adds dozens more Belarus officials to sanctions list
BRUSSELS (AP) – The European Union on Thursday imposed a new round of sanctions on Belarus, targeting dozens more officials over their role in the security crackdown launched after the contested presidential … [Read more...]
The most important company you’ve never heard of is being dragged into the U.S.-China rivalry
It’s been called Taiwan’s Silicon Shield, and without it much of modern life would cease. Taiwan Semiconductor Manufacturing Co., or TSMC, makes more than half the world's contracted semiconductor chips and … [Read more...]
What do US sanctions on Turkey mean for NATO?
Sanctions imposed on Turkey by the United States on Monday under the Countering America’s Adversaries Through Sanctions Act (CAATSA) are likely to have several effects, highlighting the growing divergence in … [Read more...]
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