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Archive for the ‘United States’ Category

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, […]

EU Trade Chief Continues Discussions with US on Battery Minerals Trade Despite Differences

Energy Trade, Europe, News, United States

January 30, 2024

In recent developments, the United States and the European Union have encountered challenges in reaching a trade deal related to critical battery minerals. Despite this setback, both parties are committed to pursuing negotiations aimed at establishing a transatlantic marketplace for minerals and other vital components, as stated by the EU’s top trade official.   Valdis […]

U.S. Firms Eye $8 Billion Investment in Vietnam’s Clean Energy Sector

International Trade, News, United States, Vietnam

January 26, 2024

Fifteen U.S. companies, including semiconductor firms, have expressed keen interest in investing a substantial $8 billion in Vietnam’s clean energy infrastructure. However, this investment is contingent on Vietnam’s progress in implementing renewable energy regulations, as revealed by a senior U.S. official during a press briefing in Hanoi.   Vietnam has been actively seeking to attract […]

Taiwan President-Elect Expresses Interest in Joining U.S.-Led Trade Framework

International Trade, News, Taiwan, United States

January 24, 2024

Taiwan’s President-elect, Lai Ching-te, has conveyed his keenness for Taipei to become part of the U.S.-led Indo-Pacific Economic Framework, citing the island’s pivotal role in the global economy.   Taiwan was initially excluded from the Indo-Pacific Economic Framework by the United States in 2022, as part of the Biden administration’s efforts to counter what it […]

U.S. and China Foster Economic Dialogue with Commitment to Regular Meetings

China, International Trade, News, United States

January 19, 2024

In a positive development, officials from the U.S. Treasury and Chinese finance authorities concluded their meetings in Beijing this week, affirming their commitment to ongoing regular engagements, as announced by the Treasury Department on Friday.   The statement highlighted that U.S. officials expressed Secretary Janet Yellen’s anticipation of a return visit to China at an […]

Taiwan’s December Exports Surpass Expectations, Led by Strong Demand from the US

News, Taiwan, Technology, United States

January 11, 2024

Taiwan experienced a notable surge in exports in December, outperforming expectations primarily due to increased demand for high-tech products from the United States. The finance ministry reported a substantial 11.8% year-on-year growth, reaching $39.94 billion. This exceeded the 4.9% growth forecast in a Reuters poll and marked a significant improvement from the 3.8% gain observed […]

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