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Archive for the ‘United States’ Category

U.S. Treasury Secretary Yellen and Chinese Vice Premier He to Forge Economic Dialogue Ahead of APEC Summit

International Trade, News, United States

November 6, 2023

In an effort to strengthen economic ties between the United States and China, U.S. Treasury Secretary Janet Yellen is scheduled to meet with Chinese Vice Premier He Lifeng in San Francisco this week. This meeting aims to foster a budding economic dialogue between the world’s two largest economies in anticipation of a U.S.-hosted summit of […]

U.S.-Africa Trade Program Extension Proposed by Senator Coons Garners Bipartisan Support

Africa, International Trade, News, United States

November 6, 2023

In a bipartisan effort to support trade relations between the United States and Africa, Democratic Senator Chris Coons has called for a 16-year extension of a trade program that grants qualifying African nations duty-free access to the U.S. market. Senator Coons, a prominent advocate for U.S.-Africa policy, believes that extending the program is vital for […]

U.S. Trade Chief Calls for a More Effective U.S.-Africa Trade Programme

Africa, News, Trade Relations, United States

November 4, 2023

U.S. Trade Representative Katherine Tai emphasized the need for a “more useful and effective” trade programme with Africa during talks in South Africa over the future of the African Growth and Opportunity Act (AGOA). AGOA, which grants qualifying African countries duty-free access to the U.S. market, is set to expire in September 2025, with […]

U.S. Organizes Seventh Round of Indo-Pacific Negotiations Ahead of APEC Summit

Geopolitics, News, United States

November 2, 2023

In a strategic move, the Biden administration has scheduled the seventh negotiating round for its Indo-Pacific Economic Framework (IPEF) arrangements in San Francisco, just days before a crucial summit of Pacific Rim leaders. The U.S. Trade Representative’s office announced these talks, which will take place from November 5th to 12th, with the objective of […]

U.S. Farm Leaders Foster Agriculture Trade Relations During Visit to China

Agricultural Trade, China, News, United States

November 2, 2023

In a bid to strengthen agricultural trade ties, a group of U.S. agriculture industry representatives convened in Beijing, marking a significant development amidst ongoing political tensions between the United States and China. This delegation comprises 11 prominent organizations, including the U.S. Soybean Export Council, U.S. Grains Council, and U.S. Wheat Associates. Their visit follows closely […]

Biden Aims to Enhance U.S.-Africa Trade Program, Beyond Renewal

Africa, News, Trade Relations, United States

November 2, 2023

U.S. Secretary of State Antony Blinken has highlighted the Biden administration’s intention to not only renew but also improve the African Growth and Opportunity Act (AGOA), a pivotal trade program with Africa. AGOA, initially launched in 2000, offers qualifying African countries duty-free access to the U.S. market, the largest consumer market globally. With its expiration […]

U.S. Agricultural Delegation Strengthens Trade Ties with China Amid Diplomatic Challenges

China, International Trade, News, United States

November 2, 2023

A delegation of U.S. agricultural industry leaders convened in Beijing to engage with their Chinese counterparts, underscoring the importance of agricultural trade between the two nations despite ongoing political tensions. The gathering included representatives from 11 organizations, including the U.S. Soybean Export Council, U.S. Grains Council, and U.S. Wheat Associates, who met in the wake […]

AGOA Forum Set to Shape Future of U.S.-Africa Trade Relations

Africa, News, Trade Relations, United States

November 1, 2023

The African Growth and Opportunity Act (AGOA), a cornerstone of U.S.-Africa trade relations since 2000, will be the focal point of discussions at the upcoming AGOA Forum in Johannesburg. This year’s event is critical as it precedes the 2025 expiration of the program, sparking debates on its renewal, reform, and impact. Established under former […]

Rhode Island Set to Welcome 300+ Businesses and 35+ Economic Development Agencies as State Plays Host to 2023 Go Global Awards

International Trade and Economic, News, United States

October 31, 2023

Rhode Island Set to Welcome 300+ Businesses and 35+ Economic Development Agencies as State Plays Host to 2023 Go Global Awards

Ã‚Â Three-day event set for November 6-8 at the Omni Providence Ã‚Â PROVIDENCE, R.I. Ã‚Â ÃƒÂ¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬” Rhode Island Commerce, in partnership with the International Trade Council, is set to welcome hundreds of business and economic development leaders from around the world at next week’s Ã‚Â 2023 Go Global Awards. Scheduled for Monday, November 6 ÃƒÂ¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬” Wednesday, […]

U.S. Military Initiates Purchases of Japanese Seafood in Response to ChinaÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢s Ban

China, Japan, News, United States

October 30, 2023

In a response to China’s ban on Japanese seafood products following Tokyo’s release of treated water from the Fukushima nuclear plant into the sea, the United States has initiated purchases of Japanese seafood to supply its military stationed in Japan. U.S. Ambassador to Japan Rahm Emanuel unveiled this initiative in a Reuters interview, suggesting that […]

U.S. Business Delegation Explores Post-Brexit Prospects in Northern Ireland Amid Political Uncertainty

Ireland, News, Trade Policy, United States

October 26, 2023

A U.S. business delegation, dispatched to Northern Ireland by President Joe Biden, has embarked on a mission to uncover the economic potential brought about by the region’s unique post-Brexit trade arrangements. These arrangements, established under the Windsor Framework Agreement, grant Northern Ireland dual access to both the United Kingdom and the European Union goods markets. […]

U.S. International Trade Commission Considers Import Ban on Apple Watches in Ongoing Masimo Patent Dispute

International Trade, News, United States

October 26, 2023

In a recent development, the U.S. International Trade Commission (ITC) has taken a step that could potentially result in a ban on the import of Apple Watches, as it found that these devices infringe on the patent rights of medical technology firm Masimo. This decision stems from an earlier ruling in January where a judge […]

Global Oil Traders Explore Opportunities in Venezuelan Market as U.S. Sanctions Ease

News, Trade Policy, United States

October 24, 2023

Following the recent relaxation of U.S. energy sanctions on Venezuela, global energy traders are swiftly entering negotiations to purchase Venezuela’s crude and fuel oil stocks. Sanctions in place since 2019 had largely restricted Venezuela’s state-run oil company, PDVSA, from exporting its products to desired markets. However, the six-month relaxation of these measures has opened the […]

Dutch Lawmakers Raise Concerns Over New US Export Restrictions on ASML Chip Machine

International Trade, News, United States

October 24, 2023

Dutch lawmakers have questioned the Netherlands’ Trade Minister regarding the recent unilateral imposition of new export rules by the United States affecting ASML Holding, Europe’s largest tech firm. The U.S. announced last week that it would exercise the right to restrict the export of ASML’s Twinscan NXT1930Di chipmaking machine to China if it contains […]

US Senators Propose Legislation to Support Enforcement of Iran Oil Sanctions

International Trade, Iran, News, United States

October 19, 2023

Bipartisan efforts are underway in the U.S. Senate to introduce legislation aimed at strengthening the enforcement of oil sanctions on Iran. Senator Joni Ernst, a Republican, is leading the charge for this bill, set to be unveiled on Monday. The proposed legislation seeks to establish a $150 million Iranian sanctions enforcement fund specifically designated for […]

Venezuela Reaches Out to Former Oil Clients as U.S. Sanctions Temporary Lifted

International Trade, News, United States

October 19, 2023

In a recent development, China has expressed its willingness to assist Sri Lanka without imposing any political conditions and has also pledged to increase its imports from the island nation. Chinese President Xi Jinping conveyed this commitment during a meeting with Sri Lankan President Ranil Wickremesinghe in Beijing, as reported by state media. This […]

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