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Archive for the ‘United States’ Category

Australia, Japan, Philippines, and the US Strengthen Maritime Cooperation to Support Global Trade

Australia, International Relations, Japan, News, Philippines, United States

February 5, 2025

The United States Navy recently announced that defense forces from Australia, Japan, the Philippines, and the US will join forces for maritime activities within the Philippines’ exclusive economic zone on February 5. This joint initiative is focused on enhancing operational coordination and interoperability among the participating nations, reaffirming their commitment to regional maritime security.   […]

U.S. Grain and Oilseed Exports Surge in 2024, Expanding Global Trade Opportunities

Agricultural Exports, News, United States

February 5, 2025

U.S. bulk agricultural exports saw remarkable growth in 2024, as global importers leveraged competitive prices and abundant supply. This surge highlights the resilience and adaptability of U.S. agricultural trade, strengthening partnerships across key markets and opening new avenues for expansion.   Despite a decline in purchases from China, U.S. bulk agricultural exports by volume jumped […]

Mexico and U.S. Strengthen Economic Dialogue to Enhance Trade and Supply Chains

Economic Relations, Mexico, News, United States

February 5, 2025

Mexico and the United States have reaffirmed their commitment to ongoing economic dialogue, focusing on strengthening regional supply chains and improving the traceability of foreign investment. This development follows a high-level meeting at the White House, where officials from both nations discussed strategies to enhance trade relations and economic cooperation.   Deputy Foreign Trade Minister […]

Negotiating Contracts Under Volatile Tariffs

Global Trade, International Trade and Export Trends, News, United States

February 5, 2025

The global trading landscape has always been subject to shifting policies and unpredictable events, but the recent 10% ad valorem tariff on imports from China—imposed by President Donald Trump in February 2025—has made it more volatile than ever. These tariffs also apply to Hong Kong, and there is no de minimis treatment available, meaning all […]

India and U.S. Strengthen Trade and Economic Ties with Upcoming Leadership Meeting

Economic Relations, India, News, United States

February 3, 2025

The United States and India are set to strengthen their trade and economic partnership as U.S. President Donald Trump extends an invitation to Indian Prime Minister Narendra Modi for a meeting at the White House next week, a senior official confirmed.   The leaders last spoke on January 27, discussing key economic and trade priorities, […]

US Resumes Mexican Beef Imports, Strengthening Bilateral Trade Relations

International Trade and Imports, News, United States

February 1, 2025

The United States has officially agreed to lift the temporary suspension on Mexican beef imports, marking a positive development in bilateral trade between the two nations. Mexican Agriculture Minister Julio Berdegué shared the exciting news on social media, announcing that the U.S. Department of Agriculture (USDA) had signed memorandums allowing the resumption of beef imports. […]

U.S. Economy Shows Strong Resilience with Robust Trade and Domestic Demand

Economic Development, News, United States

January 30, 2025

The U.S. economy demonstrated impressive resilience in the fourth quarter of 2024, bolstered by solid consumer spending and a strong labor market. While imports surged and a strike at Boeing temporarily impacted aircraft production, the broader economic landscape remains positive, signaling healthy trade activity and domestic growth. The Federal Reserve’s approach of gradual interest rate […]

US Exploring Potential Tariffs on Mexico and Canada to Strengthen Trade Partnerships

News, Trade Relations, United States

January 20, 2025

The United States is considering a 25 percent tariff on imports from Mexico and Canada as part of ongoing efforts to address border-related concerns and enhance trade policies. The announcement, made on Monday, underscores the significance of fostering collaborative trade solutions among North American partners.   If implemented on February 1, 2025, the proposed tariffs […]

U.S. Implements Export Controls to Strengthen Global Trade Security and Innovation

Global Trade, News, United States

January 15, 2025

The U.S. Commerce Department has introduced new export controls on advanced biotechnology equipment and related technologies, emphasizing the importance of maintaining secure and responsible global trade. These measures aim to ensure that cutting-edge technologies, including those used in artificial intelligence (AI) and biotechnology, are utilized ethically and contribute positively to global markets.   Key items […]

U.S. Shrimp Imports from India, Indonesia, and Ecuador Show Resilience and Growth Opportunities

Agricultural Imports, News, United States

December 17, 2024

The U.S. shrimp market continues to show positive signs of resilience, with a steady flow of imports from top global exporters. In October 2024, the U.S. imported 164.3 million pounds (74,544 metric tons) of shrimp, slightly down from the previous year’s 168 million pounds (76,187 metric tons). Year-to-date figures indicate a 4.4% decrease compared to […]

U.S. Tariff Adjustments to Boost Domestic Clean Energy Industry and Trade Opportunities

Energy Trade, News, United States

December 11, 2024

The U.S. government has introduced increased tariffs on solar wafers, polysilicon, and tungsten products, aiming to empower its clean energy sector and strengthen its global competitiveness. This move underscores a commitment to fostering innovation and enhancing the resilience of domestic supply chains while supporting a growing clean energy economy.   By adjusting tariffs, the U.S. […]

US Grain and Oilseed Exports Drive Global Trade

Agricultural Exports, News, United States

December 11, 2024

The United States is experiencing a surge in grain and oilseed exports, particularly for corn and soybean oil. The US Department of Agriculture (USDA) recently revised its export forecasts upwards, signaling strong global demand for American agricultural products.   The impressive performance of US soybean oil exports is driven by a combination of factors, including […]

Philippines Secures $5 Billion Investment Pledges from German and US Companies in Trade Boost

Germany, International Trade, News, Philippines, United States

December 6, 2024

In a significant development for international trade, the Philippines has garnered approximately $5 billion in investment pledges from German and American companies this week. These commitments, spanning diverse sectors such as healthcare and energy, signal a substantial step forward for the country as it vies for foreign capital in the global market.   During President […]

US Export Credit Agency Supports Oil and Gas Drilling in Bahrain Despite Biden’s Climate Pledge

Energy Trade, News, United States

December 3, 2024

A US export credit agency is moving forward with plans to back the drilling of over 450 new oil and gas wells in Bahrain, despite President Biden’s commitment to climate action. The agency’s board recently voted to notify Congress about the potential investment, a necessary step for projects exceeding $100 million. Observers anticipate that financing […]

U.S. Electricity Exports to Canada See Strong Growth

International Trade and Export, News, United States

November 18, 2024

U.S. electricity exports to Canada have surged, reflecting a positive shift in cross-border energy trade. The rise in exports is largely attributed to lower natural gas prices in the United States and reduced hydropower generation in Canada. According to the U.S. Energy Information Administration (EIA), U.S. electricity exports to Canada jumped by 70% in 2023, […]

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