Archive for the ‘United States’ Category

U.S. pork and beef exports continue to play a key role in strengthening the nation’s agricultural trade, delivering substantial economic benefits to corn and soybean producers. A recent study conducted by the Juday Group for the U.S. Meat Export Federation (USMEF) highlights how these exports contributed $2.24 billion in market value to corn and $1.12 […]

U.S. pork exports to Central America soared to new heights in 2024, reaching record-breaking levels in both volume and value. This remarkable growth highlights the strength of trade relationships and the increasing demand for high-quality U.S. agricultural products in international markets.   According to the U.S. Meat Export Federation (USMEF), strategic consumer education initiatives have […]

Global Trade, News, United States

March 5, 2025

The United States is taking proactive steps to boost its shipbuilding sector, reinforcing its role in international trade and maritime logistics. A new executive order aims to revitalize domestic ship production, ensuring a stronger and more competitive presence in the global market.   To encourage investment in U.S.-built vessels, the government plans to introduce fees […]

South Korea’s Acting President Choi Sang-mok emphasized the importance of unity among the government, parliament, and private sector to enhance the country’s trade strategies and strengthen economic ties with the United States.   During a recent cabinet meeting, Choi highlighted the progress in discussions between South Korea and the U.S., announcing the formation of a […]

The United States has seen impressive growth in potato exports to the United Arab Emirates (UAE), reflecting the strong demand for high-quality agricultural products in the region. Potatoes USA, in collaboration with the USDA Market Access Program (MAP), has successfully strengthened trade opportunities in the Gulf Cooperation Council (GCC) markets through targeted promotional efforts.   […]

News, South Korea, United States

February 27, 2025

South Korea and the United States have reaffirmed their commitment to strong economic ties through high-level discussions on trade and investment. South Korea’s Acting President and Finance Minister, Choi Sang-mok, held a video conference with U.S. Treasury Secretary Scott Bessent on February 28, 2025, focusing on tariffs, investment cooperation, and foreign exchange policies.   During […]

Taiwan and the United States continue to build strong economic ties, with ongoing discussions to enhance trade cooperation and explore new business opportunities. A key focus is on diversifying imports, particularly in the energy sector, as Taiwan considers increasing its purchases of U.S. liquefied natural gas (LNG) to support a more balanced trade relationship.   […]

U.S. Treasury Secretary Scott Bessent and Hungary’s Foreign Minister Peter Szijjarto met on Wednesday to discuss expanding economic and trade cooperation, reinforcing the strong partnership between the two nations. The meeting highlighted shared priorities in fostering investment opportunities and enhancing bilateral trade relations.   Secretary Bessent emphasized the growing economic ties between the U.S. and […]

The United States is shifting its view of trade relations with the United Kingdom, marking an encouraging step toward stronger bilateral ties. British Business Secretary Jonathan Reynolds highlighted that the U.S. now sees the UK’s trade relationship in a new, positive light, appreciating the balance between both economies. This shift reflects growing opportunities for collaboration […]

The recent imposition of additional 10% tariff on Chinese imports into the United States, along with the potential removal of the de minimis exemption of $800 per package from China, will significantly alter global trade patterns. As tariffs increase costs for U.S. importers and small shipments become subject to customs duties, there is a growing […]

Economic Relations, News, United States

February 13, 2025

The United States and India have reaffirmed their commitment to expanding bilateral trade, setting an ambitious target of reaching $500 billion by 2030. This milestone reflects the strengthening economic relationship between the two nations and their shared vision for a more integrated and dynamic global trade landscape.   Following high-level discussions in Washington, Indian Prime […]

Brazil, Global Trade, News, United States

February 12, 2025

Brazil is actively engaging in constructive dialogue with the United States following the recent announcement of a 25% tariff on steel and aluminum imports. Vice President Geraldo Alckmin expressed optimism about maintaining a strong trade relationship and highlighted quotas as a practical alternative to tariffs, fostering economic collaboration between both nations.   Brazil remains a […]

In today’s rapidly shifting trade environment—highlighted by the United States’ recent 10% tariffs on Chinese imports and China’s retaliatory actions—businesses of all sizes are feeling the pressure to rethink their supply chain structures. One of the most effective solutions to mitigate these risks is diversification: spreading sourcing, production, and logistics operations across multiple regions or […]

The United States set a new record for containerized imports in January, reflecting strong trade momentum and supply chain resilience. According to supply chain technology provider Descartes, U.S. seaports handled 2.49 million twenty-foot equivalent units (TEUs), surpassing the previous January record set in 2022.   Trade flows with China played a significant role in this […]