Economic Indicators U.S. Trade Gap Nearly Doubles in Latest Data as Imports Outpace Exports 01/29/2026
Market Trends Global Shipping Sees Record Low in Vessel Scrapping as Owners Retain Older Tonnage 01/28/2026
International Relations Beijing Takes Cautious Approach Amid Trump’s Latest Tariff Moves 01/27/2026
Economic Indicators International Trade Council Announces Election of 12 New Board Members Singapore – International Trade Council (ITC), a leading global chamber of commerce representing 28,000+ corporations across 179 countries, is... by rafiqul 01/16/2025
Global Trade US Firms Ramp Up Imports Amid Concerns Over Potential Tariffs US imports from China saw a significant uptick as companies increased shipments of apparel, toys, furniture, and electronics ahead... by Geraldine S. 01/16/2025
Tariffs & Duties Trump Treasury Pick Bessent Faces Senate Scrutiny on Taxes, Trade, and Deficits WASHINGTON — Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, is set to appear before the Senate Finance... by Mich M. 01/16/2025
Economic Indicators BIS Warns Tariff-Driven Dollar Gains May Lead to Global Stagflation Risks LONDON - The Bank for International Settlements (BIS) has raised concerns about the potential for global stagflation if trade... by Mich M. 01/16/2025
Tariffs & Duties World Bank Warns U.S. Tariffs Could Impact Global Growth Outlook WASHINGTON - The World Bank has issued a warning that U.S. tariffs of 10% on imports could reduce global... by Mich M. 01/16/2025
Tariffs & Duties Bangladesh Increases Import Duties on Fruits, Leading to 30% Drop in Imports Amid Inflation Concerns On January 9, Bangladesh’s National Board of Revenue (NBR) announced a rise in the supplementary duty on imports of... by Geraldine S. 01/15/2025
Trade Policies US Business Group in Taiwan Anticipates Continued U.S. Support Under Trump Administration TAIPEI (Reuters) – The American Chamber of Commerce in Taiwan (AmCham Taiwan) expects Taiwan to maintain strong support from... by Mich M. 01/15/2025
Market Trends Car Plants in Europe, North America Face Closures in 2025, Gartner Report Predicts Several car factories in Europe and North America may face closures or be sold in 2025 due to overcapacity... by Mich M. 01/16/2025
Trade Policies Cosco Addresses Impact of U.S. Blacklisting on U.S. Services Cosco, China’s largest ocean shipping company and the world’s fourth-largest container operator, has stated that its addition to the... by Mich M. 01/15/2025
Import/Export Statistics India’s Trade Deficit Narrows to $21.94 Billion in December Amid Lower Gold Imports New Delhi, February 18, 2025 – India’s merchandise trade deficit decreased to $21.94 billion in December 2024, down from... by Giezel Garcia 01/15/2025