The European Commission, in conjunction with the High Representative, has published a Joint Communication outlining a European Economic Security Strategy. The proposal aims to limit the risks …
Treasury’s Office of Foreign Assets Control said Tuesday it has reached a $3.4 million settlement with Swedbank Latvia to settle its potential civil liability for 386 apparent violations of US …
Shifts in U.S. Merchandise Trade, 2022 (also called Trade Shifts 2022), has been published by the U.S. International Trade Commission (USITC). Previous Trade Shifts reports included both data tables and figures as well as a narrative discussion of the data. Starting this year, Trade Shifts is switching to an online format featuring only data tables and figures.
High-level meetings took place on Tuesday between leading automotive executives and federal lawmakers, with discussions centering around concerns over the auto industry's reliance on Chinese supply …
Three major developing countries – Indonesia, South Africa and Peru – apparently chose to disassociate from a paper circulated by the Cairns Group of farm exporting countries under the …
World Trade Organization Director-General Ngozi Okonjo-Iweala announced yesterday the establishment of two advisory groups, one comprising leaders from the business community and the other bringing together prominent civil society representatives.
Global trade in both goods and services rebounded in the first quarter of this year, but the outlook for the rest of the year are bleak, according a report released yesterday by the United Nations …
The Treasury Department’s Office of Foreign Assets Control announced yesterday that it has designated Burma’s Ministry of Defense and two regime-controlled financial institutions that facilitate much of the foreign currency exchange within Burma and enable transactions between the military regime and foreign markets, including for the purchase and import of arms and related materiel.
House Select Committee on the Chinese Communist Party Rep. Mike Gallagher (R-Wisc) wants information on whether Chinese telecommunications companies like Huawei and ZTE are aiding Beijing in spying …
The General Council Chair of the World Trade Organization (WTO), Ambassador Athaliah Lesiba Molokomme of Botswana, recently suggested that members hope to create a roadmap to reform work, aiming for …
Treasury’s Office of Foreign Assets Control (OFAC) issued sanctions against two officers of the Russian Federal Security Service (FSB) who are believed to have played crucial roles in the Kremlin's attempts to influence a local election in the United States.
The US current-account deficit grew by $3.1 billion, or 1.5 percent, to $219.3 billion in the first quarter of this year, the Commerce Department reported Thursday. The first-quarter deficit was 3.3 percent of current-dollar gross domestic product, up less than 0.1 percent from the fourth quarter.
A large group of Republican senators introduced legislation yesterday requiring the President to submit any sanctions relief for Iran for Congressional review before taking action. Main …
Sens. Tom Carper (D-Del) and Thom Tillis (R-NC) introduced legislation yesterday authorizing the President to engage in trade negotiations in order to ensure that there are secure supply chains for …
An interim report from the House Select Committee on the Chinese Communist Party released yesterday highlights the practices of Chinese online retail platforms Temu and Shein – including avoiding tariffs and failing to prevent forced labor sourcing.
House Ways and Means trade subcommittee Ranking Democrat Earl Blumenauer introduced a comprehensive legislative package to increase US competitiveness and support workers by reauthorizing the expired Generalized System of Preferences, Trade Adjustment Assistance and the Miscellaneous Tariff Bill.
The United States and India announced Thursday an agreement to terminate six outstanding World Trade Organization disputes – three launched by Washington and three by New Delhi – over …
Secretary of State Antony Blinken's recent trip to China reflects a measured approach by the US administration to the ongoing complexity of Sino-US relations. While this visit aimed to open channels …
China has called for the World Trade Organization (WTO) to host dedicated multilateral discussions to deepen understanding of controversial trade-related environmental measures. These measures …
Speaking at the Center for a New American Security on June 15, 2023, Deputy Secretary of the Treasury Wally Adeyemo reiterated the United States' support for Ukraine in the face of what he termed …
