Trade News Updates

Government, Business, Technology

Trade Wars May Slow Battery Price Plunge

Battery prices are set to fall for a third straight year — though not nearly as much as in the past, due to rising trade tensions and metals prices, according to analysts at BloombergNEF.

January 15, 2025
Government, Business

Taiwan’s Trade Surplus With US Jumps to Record

Taiwan’s trade surplus with the U.S. surged to a record high in 2024, a haul that could rankle President-elect Donald Trump as he returns to the White House.

January 9, 2025
Government, Business

Canada to Open Alaska Consulate to Deepen Arctic Partnership

Canada will establish two new Arctic consulates in Alaska and Greenland and appoint a dedicated Arctic ambassador as part of a long-awaited strategy.

December 6, 2024
Government, Business

Trump Taps Peter Navarro as Trade Counselor

President-elect Donald Trump tapped Peter Navarro as his senior counselor for trade and manufacturing, elevating him to a role similar to the one he played in the first Trump administration.

December 4, 2024
Government, Business, Logistics

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024
Government, Business, Logistics

EU Prepares Two-Track Plan for Trump Trade Ties

The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing China’s trade practices.

November 21, 2024
Government, Business

Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer

President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders.

March 13, 2024
Government, Business, Logistics

US-Mexico Trade Trends Indicate Nearshoring Has Momentum

The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity.

December 7, 2023
Government, Business

Mexico Tells US It Wants to Keep Talking on Trade Disputes

MEXICO CITY — Mexico’s economy secretary on Dec. 1 proposed yet another round of talks with the United States on a dispute over Mexico’s energy sector.

December 2, 2022
Government, Business

Goods-Trade Deficit Narrows to Smallest This Year

The U.S. merchandise-trade deficit narrowed in May to its smallest this year as exports rose to a record, suggesting a tailwind for economic growth in the second quarter.

June 28, 2022