US targets Russia’s trade status
WASHINGTON — President Joe Biden announced on Friday that the United States would downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alc...
World powers decide to block some Russian banks from the global SWIFT transaction system
WASHINGTON (AP) — The United States, the European Union and the United Kingdom agreed on Saturday to block "certain" Russian banks from the global financial messaging system SWIFT and impos...
Commission issues statement of objections in Illumina/Grail firearms inquiry as parties claim excess of jurisdiction
On September 20, 2021, the European Commission (“the Commission”) announced that it would issue a Statement of Objections outlining its preliminary findings that Illumina breached the standstill provisions of ...
Bird flu discovered in the Carolinas and Vilsack on supply chain challenges
Bird flu discovered in the Carolinas and Vilsack on supply chain challenges
...
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Dispute between the United States and the EU over metal tariffs at the WTO
GENEVA, Jan 21 (Reuters) - The United States and the European Union have downgraded their dispute at the World Trade Organization over the former president's steel and aluminum tariffs US President Donald Trump...
The economic impacts of retaliatory tariffs on American agriculture
In 2018, the United States imposed Section 232 tariffs on steel and aluminum imports from major trading partners and separately from Section 301 tariffs on a large range of imports from Ch...
Oregon whiskey makers eagerly await EU tariffs lifting
Newly refilled bottles of Westward whiskey at the company's distillery in southeast Portland on October 8, 2021. Due to the EU's 25% tariff on US whiskey, Westward says it has barely met the threshold. profita...
American whiskey brands to watch in 2022 – the spirits business
While tariffs have taken their toll on American whiskey, the category is on the mend. We name the brands that are set to do great things in 2022.
With the end of tariffs in sight, 2022 promises a bright futu...
Kentucky distillers feel relieved over trade war resolution
U.S. distillers had reason to rejoice in late 2021, when the European Union agreed to remove a 25 percent tariff it levied on bourbon and other imported whiskeys.
The EU imposed tariffs in 2018 on a var...
How likely is a post-Brexit trade war between the UK and the EU?
IN 1932, IN response to the refusal of the newly installed Fianna Fáil government to continue paying annuities for loans made to Irish farmers in the 19th ce...
UPDATE 1-EU seeks to deter economic coercion with new trade defense
(Add details and background)By Philip BlenkinsopBRUSSELS, Dec. 8 (Reuters) - The European Commission on Wednesday presented plans to retaliate against countries that put economic pressure on EU members to chan...
Brexit News: “The world is watching you! Boris warns that triggering Article 16 could provoke backlash | Politics | New
UK Brexit Minister Lord Frost argued that Northern Ireland's post-Brexit trade deal deals are simply not working and demanded that large parts of the mechanism be overhauled or completely destroyed. The Europ...
Brexit news: Michel Barnier issues warning as he explains the EU’s devastating retaliatory plot | Politics | New
Michel Barnier issued a terrible warning to the British, as he listed a series of retaliatory measures the EU may soon take to punish the UK. The Brexit negotiator who became a challenger for the French presi...
Inflation hits Turks hard
ISTANBUL (AP) - Kadriye Dogru, owner of the market stall, is content with stale sesame-covered bagels, known as simit, for lunch these days. The widow, a mother of two, says she skips lunch so she can put foo...
Tariff deal with Europe praises bourbon industry and distillers
Reducing tariff retaliation could level the playing field for sales
ROME (WTVQ / AP) - State's bourbon industry and nation's distillers applaud after President Joe Biden said on Sunday tha...
Biden administration announces easing of some EU steel and aluminum tariffs
The Biden administration on Saturday announced it has reached an agreement with the European Union (EU) to ease some tariffs on steel and aluminum that were enacted amid trade tensions under the Trump administ...
How Europe is contributing to the loss of trees around the world
Credit: Unsplash / CC0 Public domain
Forest area is increasi...
What explains the shortage of rapid COVID tests?
When the COVID-19 pandemic struck, Leo Friedman pivoted his corporate gift company, iPromo, to help provide his cu...
China’s Hong Kong Anti-Sanctions Law Raises Uncertainty for Global Banks and Financial Companies
An anti-sanctions law implemented by the Chinese government last June and slated for Hong Kong sounded the alarm bells and represented the latest development amid growing tensions between China and the United ...
Why Northern Ireland is important to Europe – Carnegie Europe
It was one of those unexpected practices.
Leaving the west coast of Ireland and the vast expanse of the Atlantic Ocean, I took a different route back to the capital, Dublin. I passed through Northern Ireland...
Humiliation for Macron as EU slaps his ‘aggressive’ anti-UK statement on fishing rights
Emmanuel Macron has been slapped after his calls for EU members to unite against the UK in the fight for post-Brexit fishing licenses fell on deaf ears. Countries like Germany, Spain and Italy have condemned a...
The new order of commerce
October 9, 2021THIS DIARY was founded in 1843 to campaign for the repeal of British protectionist corn laws (which was carried out three years later). The argument for free trade was that tariffs enrich the r...
The Forever Sino-U.S. Trade War We’re All Stuck In
The Sino-US trade war, launched in March 2018, has no end in sight. This is because of a broad and deep conflict between universally important values ​​in international tra...
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China gorges itself on grain-fed American beef amid dwindling supplies from below
BEIJING / CHICAGO, Oct 1 (Reuters) - As Australian beef exports to China dwindle amid diplomatic tensions, demand for grain-fed American beef has skyrocketed, fueled by the appetites of a class growing Chinese...
The EU is likely to challenge any initiative to trigger Article 16
The European Union is likely to challenge on legal grounds any decision by the United Kingdom to trigger Article 16 of the Northern Ireland Protocol, according to RTÉ News.
In addition, the EU co...
Sino-Lithuanian rift over Taiwan is red flag for Europe
Lithuania has joined the growing list of countries around the world that have come under Chinese coercion. It is time for the transatlantic partners to respond with a policy close to the common defense...
Solving the economic crisis and meeting the challenges through reforms | Print edition
Views) : “Our country is facing a serious currency crisis. ...
In Germany, Trade Debate With China Intensifies As Merkel’s Exit Approaches | Business and Economy News
Hamburg, Germany - On a sunny afternoon in the port of Hamburg, gigantic Chinese-built cranes load and unload cargo from the hold of the CSCL Mars, a container ship measuring more than three football fields an...
Brexit news: Brussels could impose tariffs on UK after ‘messy’ legal battle | Politics | New
Director of the UK in a Changing Europe think tank, Professor Anand Menon admitted that it was difficult to see how the UK and the European Union would resolve their post-Brexit trade disputes. In an intervie...
Liberals remain silent on Canada-China relations, while conservative approach could lead to retaliation from Beijing: experts
After more than two years of rocky relations with Beijing, the liberals have offered little on the election campaign on how they will handle future relations with China, while the conservatives have presented ...
Japan, US fight over Kioxia, future of chip safety
TOKYO / WASHINGTON - On Friday, Toshiba's former memory unit Kioxia Holdings held an online board meeting with executives in the United States. This item was removed from the agenda.The IPO was approved by th...
Flora growth stocks rose 43.93%: why it happened
The shares of Flora Growth Corp. (NASDAQ: FLGC) rose 43.93%. That's why it happened.
The shares of Flora Growth Corp. (NASDAQ: FLGC) - an all-outdoor grower and maker of cannabis-derive...
Bill to ban imports of slave labor gains support as Uyghurs crave disappearance of loved ones
As China continues to impose tariffs on Australian imports, efforts to ban imports related to Uyghur labor into China continue in Australia.Key points:Australia's Uyghurs fear for loved ones still living in Ch...
It’s time to end US tariffs on steel and aluminum
In an interview with Bloomberg last week, Sec. Trade Gina RaimondoGina Raimondo's 12:30 p.m. report from The Hill: Biden increases vaccine needs for federal workers said US tariffs on steel and aluminum ha...
Democrats’ carbon tax at borders increases trade and agriculture concerns | 2021-07-20
Senate Democrats are proposing a tariff on carbon-intensive imports that critics say could increase the costs of agricultural production and invite retaliation from countries that view the tax as unfairly prot...
Compete for economic power, not for low tax rates
U.S. Treasury Secretary Janet Yellen said on Sunday that by blocking the use of tax havens, countries would fundamentally replace their economies with unprecedented tax rates that could rob governments of m...
The geopolitical game becomes intense
It is now explicit that geopolitical competition is part of US-China relations and that it has given rise to the threat that this bilateral relationship could further divide the globe by paving the way for ...
Global digital tax deal likely to boost India-U.S. Trade talks – the New Indian Express
Express news service
NEW DELHI: The success of the global tax treaty will pave the way for Indo-US trade negotiations that were stuck on digital tax, Commerce Ministry officials say. &a...
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U.S. toy maker doubles efforts in China amid rising costs and political tensions
JIUJIANG, China / NEW YORK, July 2 (Reuters) - Hammered by tariffs, pandemic disruption and rising costs, some global manufacturers are reducing reliance on Chinese factories and moving assembly lines to Vie...
American whiskey prices: is relief in sight?
American whiskey producers have had a particularly difficult year, with the pandemic exacerbating punitive EU tariffs in retaliation for those imposed by the United States. But recent rulings ending furthe...
Brexit news: Boris warns retaliation against EU could DAMAGE prospects for global trade deal | Politics | New
Earlier this month, tensions between Britain and the European Union increased after talks between British Brexit Minister Lord Frost and European Commission Vice President Maros Sefcovic over a solution to t...
USDA grants available to expand meat and poultry processing
USDA is making $ 55.2 million available to small and medium-sized meat and poultry processing facilities that wish to become federally inspect...
Over $ 11 billion in the global meat processing equipment market
Dublin, June 24, 2021 (GLOBE NEWSWIRE) - The "Meat Processing Equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecast, 20...
How the wine industry got trapped in the tensions between Australia and China – The Diplomat
Power of China | Economy | East Asia
Australia is seeking WTO arbitration over Chinese tariffs on Australian wine.
...
Turning aluminum tariffs into gold?
And if it was true ? What if U.S. aluminum tariffs filled Washington's coffers, created U.S. jobs and do not harm downstream industries or consumers? A win-win, right? This is the claim made in a new stud...
EU allows banks that ban bond transactions after “sworn statement”
The eight previous banks banned After promising "integrity" and providing evidence of "corrective action" after historic breaches of antitrust rules, bond sales from the EU's € 800 billion ...
Examination of the temporary detente in the Boeing-Airbus dispute
Update: On June 14, 2021, the United States and the European Union (EU) agreed to suspend tariffs in the Boeing-Airbus trade dispute for an additional five years. Tariffs were initially suspended for a four...
EU can extend steel restrictions for another 3 years
Law360 (June 14, 2021, 6:13 p.m. EDT) - Ahead of a closely watched summit with President Joe Biden on Tuesday, EU leaders have proposed extending restrictions on foreign steel for three years, citing ...
China obscures Biden transatlantic meeting
Of all the differences between the United States and its allies in Europe, the way it deals with China is the most intractable.
Fresh out of the G-7 love-in in Britain, Pre...
How likely is the US-EU trade divide likely to be resolved? Hope could overtake progress
Washington (AP) - President Joe Biden vows to restore U.S. trade relations with European allies who have been pushed to the limit by President Donald Trump's benevolent actions, combat policies and aversion...
China’s new anti-foreign sanctions law cools the business world
BEIJING - Over the past three years, the United States and the European Union have imposed a series of sanctions on Chinese officials and companies. Now China has c...
The United States, the EU and the failed Donald Trump trade war | Company | Economic and financial news from a German point of view | DW
US President Joe Biden is in Europe as he seeks to reestablish ties with traditional American allies that had become increasingly strained during the tenure of his predecessor Donald Trump, in part thanks t...
EU threatens UK with tariffs on implementation of Northern Ireland Protocol
ANI |
Update: 09 June 2021 21:58 STI
Brussels , June 9 (ANI): The European Union (EU)...
Biden Relaunches Tariff War Against India With Digital Tax Retaliation
U.S. Trade Representative Katherine Tai on June 2 announced plans to increase tariffs by 25 percent on 26 items from India, but said the increases would be suspended until December.India imposed a 2% tax fro...
Much has gone wrong for AstraZeneca. But worries can be overkill
Left to right: A woman from New Delhi waits in an observation room after a dose of the Covishield vaccine (the name used for the AstraZeneca product in India) on May 26. British Prime Minister Boris Johnson...
EU seeks to relegate trade tensions to the past | New
When President Joe Biden visits Brussels this month, the European Union and...
EU seeks to relegate trade tensions to the past | Nation and world
When President Joe Biden visits Brussels this month, the European Union and...
Opinion: Transatlantic dairy trade begins to deteriorate | 05/25/2021
Time is running out for the United States to resolve pending trade negotiations with the European Union (EU) over retaliatory tariffs associated with the Boeing-Airbus dispute. US Trade Representative Kathe...
British target new tariffs on US wine and chocolate
The UK wants to increase tariffs on the importation of wine, chocolate and lobster from the United States. In this way, the British want to protect their economy and local bu...
EU and US agree to continue negotiations
Photo taken on Feb. 23, 2018 shows a view of the port area of ​​Hamburg, Germany.
Europeans suspend tariffs on steel a...
Getting US-EU Trade Relations Back on Track: The Ripon Company
by CLETE WILLEMS
President Biden's decision to include Europe in his first presidential overseas trip in June raised hopes for a breakthrough in U.S.-European Union trade relations. The president consisten...
White Home Joe Biden dismisses chance of coordinated boycott of China’s 2022 Winter Olympics
President Joe Biden and his administration are already at odds with China on some points, together with human rights violations.
As China hosts the 2022 Winter Olympics, White Home Pres...
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Whiskey Bitter: US Bitter distillers’ costs exceed 25% set to double in June
By Yuka Hayashi / Pictures and video by Luke Sharrett for The Wall Avenue Journal
Tariffs levied by the Trump administration have hampered U.S. gross sales of single malt scotch for...
Wow, certainly we drank quite a bit final yr
(Bloomberg Discover) - The previous two years have been eventful for American distillers. As of June 2018, they grew to become collateral injury in then-President Donald Trump's commerce wars, with the Euro...
S&P Global’s Special Meeting of Shareholders to be held on March 11 | News
NEW YORK, March 8, 2021 /PRNewswire/ --Â S&P Global (NYSE: S...
Commerce battle begins to settle down, however American whiskey stays caught within the crossfire
As america and the UK take steps to unravel the items of a commerce battle initiated by former President Donald Trump, by lifting tariffs on sure imports and exports, American whiskey stays topic to interna...
Joe Biden steps again within the tariff battle with France: the winegrowers rejoice the American truce | World | Information
French winegrowers have expressed their aid on the settlement negotiated between Washington and Brussels for a four-month suspension of customs duties on commerce. Former President Donald Trump hit some Fre...
The lifting of customs duties on 422 million euros of Irish agri-food exports hailed
The EU and US choice to droop tariffs linked to the Boeing-Airbus dispute is "excellent news for Irish exporters and importers," in response to Irish MP Colm Markey.
The 2 sides agreed to a four-month...
US, EU declare truce on Boeing and Airbus subsidies
Commerce officers from the USA and the European Union (EU) have had 4 months to make a recent begin in resolving the long-standing dispute over alleged unlawful subsidies for his or her respective aerospace ...
Transatlantic truce: US and European allies comply with droop tariffs in a bid to resolve long-standing dispute over plane subsidies | Faegre Drinker Biddle & Reath LLP
On March 5, 2021, america and the European Union introduced a four-month tariff suspension stemming from the decades-long transatlantic dispute over plane subsidies. The transfer comes only a day after th...
New tariffs will not be the reply to international local weather challenges
The commissioner answerable for the European Inexperienced Deal, Frans Timmermans, has indicated his help for carbon tariffs. Picture: ALEXANDROS MICHAILIDIS / Alamy Inventory Picture
...
Biden eases tensions with Europe, suspends tariffs in Boeing-Airbus dispute
In distinction, President Donald Trump acted unilaterally in 2018 when he imposed duties on tens of billions of {dollars} in metal and aluminum from the European Union and different nations. Many of those ...