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Customs brokers are cross-border trade gurus. With tariff whiplash, they're facing 'toxic uncertaint...
Customs brokers play a crucial role in managing the costs associated with international trade by accurately determining duties, which has become increasingly challenging due to fre...
Read Full Article →The world could be facing another 'China shock,' but it comes with a silver-lining: Cooler inflation
A renewed surge in Chinese manufacturing and exports may impact global markets significantly while potentially easing inflationary pressures in various economies worldwide.
Read Full Article →Australia could bargain over partial US beef ban in Trump tariff talks
Australia plans to use restricted access to its beef exports as leverage in discussions aimed at easing American tariffs and improving overall trade relations between the two count...
Read Full Article →Tariffs: Commission strengthens imports monitoring amid fear of trade diversion
The Commission has enhanced its oversight of incoming goods to address concerns about shifts in trade patterns, following reports of increased shipments from China to the European...
Read Full Article →Canada's trade deficit swells to record high as exports to U.S. tank
Canada experienced an unprecedented increase in its trade shortfall this April, primarily due to a significant decline in shipments to its largest trading partner amid continued tr...
Read Full Article →April's $7.1B merchandise trade deficit was the largest on record
In April, Canada experienced an unprecedented merchandise trade shortfall totaling $7.1 billion, largely due to a significant decline in exports influenced by increased U.S. tariff...
Read Full Article →The big problem facing UK as deadline to finalise US trade deal looms
The outcome of the US-UK trade negotiations could significantly impact British exporters by either imposing substantial tariffs or providing new opportunities for economic expansio...
Read Full Article →With Roughly a Month Left, Trump Is Running Out of Time For Dozens of Trade Deals
As the deadline approaches, there is limited time remaining for the administration to finalize multiple international trade agreements that could impact the country's economic rela...
Read Full Article →Canada's economy grows faster than expected in first quarter
The Canadian economy expanded by 2.2% in the first quarter, surpassing forecasts due to increased export activity that helped mitigate the impact of U.S. trade restrictions.
Read Full Article →Synopsys says to forget what it said last night. It did get a government letter about exports to Chi...
Synopsys experienced a notable decline in its stock value after retracting its financial forecast due to uncertainties stemming from recent export regulations affecting its busines...
Read Full Article →China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
The combined impact of export limitations to China and ongoing tariff uncertainties in the U.S. has significantly reduced the market valuation of a leading semiconductor equipment...
Read Full Article →India's iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won't make further gr...
The substantial increase in iPhone shipments from India to the U.S. highlights growing trade value, though political tensions and regulatory challenges may limit future expansion o...
Read Full Article →Trump threatens Apple with 25% tariff unless iPhones are made in US – business live
The announcement of increased import duties on foreign-made smartphones has prompted a surge in German manufacturing and exports, contributing significantly to stronger economic gr...
Read Full Article →Shipping Rates Rise as Exports From China Surge
Increasing demand for transportation services due to a higher volume of goods leaving China has contributed to elevated costs within the global shipping industry.
Read Full Article →Farmers fear Trump trade winds could damage crops: ‘It’s unnerving’
Grain producers face potential financial losses as elevated production expenses surpass market prices amid ongoing trade tensions affecting key export relationships.
Read Full Article →Trade tariffs bite: Japan's exports to the U.S. shrink for the first time this year
The implementation of a 25% tariff on automotive imports in April has led to a notable decline in the value of Japan's shipments to the United States, reflecting a shift in trade d...
Read Full Article →Smartphone exports from China to the U.S. are plunging
The decline in shipments of Chinese-made smartphones to the United States reflects escalating trade tensions, potentially impacting revenue streams for manufacturers and affecting...
Read Full Article →Tariffs are clearer at Diageo – not much else is | Nils Pratley
Diageo anticipates a $150 million annual profit impact from new US tariffs, primarily affecting its UK and EU exports, but expects to offset approximately half of the financial bur...
Read Full Article →Number of UK billionaires falls after market turmoil; Japan’s GDP shrinks – business live
Recent economic data indicates Japan’s GDP contracted due to weaker exports, while the UK experienced comparatively stronger growth, reflecting divergent recovery trajectories with...
Read Full Article →Japan’s economy contracts for first time in a year as exports fall, shrinking by a more than expecte...
Japan’s economic output declined at an annualized rate of 0.7% in the first quarter, reflecting weaker external demand and surpassing prior projections of a smaller downturn.
Read Full Article →Lower US tariffs on UK exports unlikely to take effect for weeks, say British officials
British officials indicate that it may take several weeks for decreased American import duties on British goods to be implemented, causing concern among businesses about ongoing tr...
Read Full Article →Crude oil jumps 4% on hope economic growth will rebound from temporary U.S.-China trade deal
The recent increase in crude oil prices reflects market optimism that improved trade relations between the U.S. and China may support stronger economic activity despite ongoing tar...
Read Full Article →US and China agree to lower tariffs in trade war de-escalation – video
The temporary reduction of tariffs between the United States and China is expected to ease trade tensions, potentially boosting economic activity and stabilizing markets by lowerin...
Read Full Article →Australian beef exports surge during Trump's tariff war
The increased international demand for Australian beef amid ongoing trade tensions has led to notable growth in export revenues, positively impacting the country’s agricultural eco...
Read Full Article →Trump signals openness to cutting China tariffs ahead of Geneva talks
The potential reduction in import duties between the US and China could influence trade balances and market dynamics, coinciding with China’s announcement of a rise in internationa...
Read Full Article →China’s exports surge as shipments to Southeast Asian countries offset plunge in U.S. trade
China experienced notable growth in export revenues last month, driven primarily by increased sales to Southeast Asian markets, which compensated for the significant decline in tra...
Read Full Article →China exports beat expectations despite slump in trade with US
China’s overall export growth exceeding predictions in April highlights the country's resilient trade performance despite a notable decline in shipments to its major partner, the U...
Read Full Article →China reports bumper April exports ahead of crucial trade talks with US
China's increased shipments to regions like south-east Asia and Europe helped balance overall export performance despite a decline in sales to the United States, impacting trade di...
Read Full Article →Cars, cows, crops: the winners and losers from Trump’s trade deal with Britain
The trade agreement between the UK and the US has altered export costs, but experts note that the UK continues to encounter increased tariffs on goods compared to conditions prior...
Read Full Article →Nvidia and other chipmakers are getting a big win as Trump kills the 'AI diffusion rule'
The U.S. government's decision to rescind export restrictions on advanced AI chips is expected to positively impact semiconductor manufacturers by easing limitations that previousl...
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