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Archive for the ‘United States’ Category

Japan Bolsters Long-Term LNG Supplies with Allies Australia and the U.S.

Japan, News, Trade Agreements, United States

March 10, 2024

In a bid to secure stable, long-term supplies of liquefied natural gas (LNG), resource-scarce Japan has deepened its partnerships with close allies Australia and the United States. This strategic move comes as key contracts from various providers are set to expire by the early 2030s. Last month, JERA, Japan’s leading power generator, finalized an agreement […]

U.S. Trade Chief Offers Insights on WTO Negotiations

International Trade, News, United States

February 28, 2024

U.S. Trade Representative Katherine Tai provided an update on the ongoing negotiations at the World Trade Organization (WTO), indicating that while an agreement on reforming dispute settlement appeals was not expected this week, progress was evident, and the atmosphere remained constructive.   The impasse in the WTO’s dispute settlement system, attributed to the U.S. blocking […]

Chinese Premier Calls for Enhanced Economic and Trade Relations with US

News, Trade Relations, United States

February 28, 2024

Chinese Premier Li Qiang emphasized the importance of strengthening economic and trade ties between China and the United States during a meeting with a visiting US delegation, as reported by Chinese state radio on Wednesday.   Li emphasized that fostering economic and trade cooperation would benefit both nations, highlighting the mutually advantageous nature of such […]

US Resumes Poultry Exports to Colombia After Negotiations

Bilateral Trade Relation, Colombia, News, United States

February 28, 2024

Following successful negotiations between the United States and Colombia, the months-long halt on the US poultry industry’s access to the Colombian market has come to an end. The resumption of poultry and egg exports to Colombia marks a significant milestone in bilateral trade relations between the two countries.   Greg Tyler, President of the USA […]

Ukraine Anticipates Significant Economic Assistance from US in 2024

Geopolitics, News, Ukrain, United States

February 25, 2024

In a recent update, Ukraine’s Prime Minister unveiled the nation’s expectation to receive substantial economic assistance amounting to $11.8 billion from the United States this year. This development coincides with Kyiv’s efforts to address a notable budget deficit of $37 billion amidst ongoing challenges, spotlighting the pivotal role of Western allies in extending crucial aid. […]

US Lawmaker and Apple Growers Celebrate Surge in Apple Exports to India

Agricultural Trade, India, News, United States

February 21, 2024

In a momentous occasion, apple growers from Washington State have witnessed a significant uptick in their exports to India this year, marking a remarkable increase compared to previous years. Senator Maria Cantwell, accompanied by Prakash Gupta, the Consul General of the newly established India Consulate in Seattle, along with labor and port officials, convened in […]

U.S. Lawmaker Leading Delegation from China Committee Visits Taiwan to Bolster Trade Ties

China, International Trade, News, United States

February 21, 2024

U.S. Representative Mike Gallagher, Chair of the House of Representatives select committee on China, arrived in Taiwan with a delegation of lawmakers to enhance trade relations. The visit aims to engage with Taiwanese officials, including President Tsai Ing-wen and President-elect Lai Ching-te, to discuss opportunities for economic cooperation.   Gallagher, a vocal advocate for Taiwan […]

Poland and UK Urge U.S. Congress to Support Ukraine Aid Package

International Relations, News, Poland, United Kingdom, United States

February 15, 2024

During a recent joint news conference, Polish Foreign Minister Radoslaw Sikorski and British Foreign Secretary David Cameron made a unified appeal to the U.S. Congress to adopt an aid package for Ukraine. The aid package, aimed at providing essential funding, is crucial for supporting Ukraine’s ongoing efforts.   U.S. President Joe Biden and other top […]

U.S. Import Prices See Significant Uptick in January, Indicating Economic Momentum

Global Trade, News, United States

February 15, 2024

In a promising development, U.S. import prices have experienced a notable increase in January, reflecting positive momentum in the economy. The surge, driven primarily by higher costs for petroleum and various goods, suggests resilience in the market despite challenges.   Recent data released by the Labor Department’s Bureau of Labor Statistics reveals that import prices […]

U.S. Trade Representative Advocates Incremental Reform Approach at WTO Meeting

International Trade, News, United States

February 14, 2024

U.S. Trade Representative Katherine Tai has outlined a pragmatic approach to the upcoming World Trade Organization (WTO) Ministerial Conference in Abu Dhabi. With a focus on incremental yet meaningful reform, Tai aims to sustain the momentum for change within the trade body.   In anticipation of the conference from February 26 to 29, Tai emphasized […]

US Lawmakers Advocate for Export Control Measures on Social Media Platform

News, Technology Trade Policy, United States

February 8, 2024

In a bipartisan effort, a group of 15 US lawmakers has urged the Commerce Department to consider placing a China-based parent company of a popular social media platform on the government’s export control list. Led by Representative Dan Crenshaw and Representative Josh Gottheimer, the lawmakers emphasized the need to address potential vulnerabilities stemming from the […]

US Poised to Surpass China as Germany’s Top Trade Partner

China, News, Trade Relations, United States

February 7, 2024

According to the head of foreign trade at the German Chamber of Industry and Commerce (DIHK), current trends suggest that the United States is on track to overtake China as Germany’s primary trade partner by 2025, at the latest.   Preliminary data from the Federal Statistics Office indicates that German exports and imports to China […]

UK Minister Engages with U.S. Officials to Promote Northern Ireland’s Renewed Government and Economic Opportunities

News, United Kingdom, United States

February 5, 2024

Chris Heaton-Harris, the British minister for Northern Ireland, is set to journey to Washington to hold discussions with U.S. lawmakers regarding the reinstatement of the province’s devolved government. In addition to addressing this pivotal development, he will also highlight the economic potential of Northern Ireland, as stated by his department on Tuesday.   Northern Ireland, […]

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