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Archive for the ‘United States’ Category

U.S. Cheese Exports Surge with Strong Global Demand

Agricultural Exports, News, United States

October 14, 2024

The U.S. Dairy Export Council reported a significant boost in dairy exports for August 2024, with strong global demand for U.S. cheese driving the increase. Total U.S. dairy export volumes rose by 1.7 percent compared to last year, while export values saw a notable 10 percent increase, reaching $708 millionÃƒÂ¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬”the largest rise this year. […]

U.S. Commerce Department Announces New Duties on Solar Imports from Southeast Asia

News, Trade and Commerce, United States

October 1, 2024

In a significant move to promote fair trade and bolster domestic solar manufacturing, the U.S. Commerce Department has introduced preliminary countervailing duties on solar cell imports from Vietnam, Cambodia, Malaysia, and Thailand. These measures aim to ensure a level playing field for U.S. solar producers, safeguarding billions of dollars in American investments while encouraging healthy […]

Cargo Operations Resume at Major U.S. Trade Hub, Ensuring Continued Flow of Global Goods

Logistics, News, United States

September 30, 2024

Cargo operations at a key U.S. trade hub are back in full swing after a brief disruption caused by an overturned tractor-trailer carrying lithium batteries. The quick and efficient response ensured that the flow of global goods through the port was minimally impacted, reinforcing the resilience of the logistics network. Following the incident, […]

USDA Reports Increase in Corn and Wheat Export Inspections

Agricultural Trade, News, United States

July 16, 2024

U.S. Department of Agriculture (USDA) announced a significant increase in export inspections for corn, sorghum, and wheat for the week ending July 11th. These inspections are currently exceeding the pace required to meet the USDA’s projections for the current marketing year. The marketing year for wheat began on June 1st, 2024, while the marketing year […]

Port of Baltimore Imports Show Significant Growth After Bridge Incident

News, United States

July 11, 2024

Imports at the Port of Baltimore saw a substantial increase of 70.89% in May, following an incident where the Francis Scott Key Bridge was struck by a container skip, according to analysis of the latest U.S. Census Bureau data. In May, the total import value surged to $2.47 billion, marking a $1.02 billion rise from […]

Korean Shipbuilders Poised to Benefit Amidst US-China Trade Tensions

China, Global Trade, News, United States

March 17, 2024

Industry analysts suggest that Korean shipbuilders are set to capitalize on the latest developments in the ongoing strategic competition between the United States and China, presenting an opportunity for increased market share on a global scale. Following a positive response from the Joe Biden administration to a petition filed by five U.S. unions urging […]

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. Corn and Soy Crucial for Boosting Red Meat Exports

Agricultural Trade, News, United States

March 4, 2024

At the recent Commodity Classic event, thousands of growers convened to discuss industry trends and developments. Among them was Randy Spronk, Chair of the U.S. Meat Export Federation (USMEF) and a prominent pork and grain producer from Edgerton, Minn. Together with other USMEF leaders, Spronk expressed gratitude to corn and soybean producers for their invaluable […]

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 […]

US Spirits Exports Surge Amid Tariff Suspension by EU

Europe, International Trade, News, United States

February 28, 2024

In a positive turn of events for the spirits industry, exports of American spirits experienced a notable 8% increase in 2023, totaling $2.2 billion, as reported by the Distilled Spirits Council of the United States. This surge followed the European Union’s decision to suspend the 25% retaliatory tariffs on American whiskey. The tariff suspension, […]

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 […]

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