Category: trade

China Continues to Fall Short in Protecting Intellectual Property, US Says

The United States on April 27 called out the Chinese regime for its continued failure to deliver on its commitment to protect intellectual property (IP). “China needs to complete the full range of fundamental changes that are required to improve the IP landscape in China. In particular, China needs to address weak enforcement channels and…


US Should Hold Beijing Accountable on Trade After 20 Years of WTO Abuses: Analysts

The United States Trade Representative (USTR) is calling for the country to rethink its approach to China with a focus on building up domestic capacity rather than trying to change the communist nation’s behavior. “Our strategy must expand beyond only pressing China for change and include vigorously defending our values and economic interests from the…


Russian Central Bank Suspends Monthly Foreign Trade Data for First Time Since 1997

The Russian central bank said on Monday it had temporarily suspended publishing data on foreign trade on a monthly basis in the first such suspension since 1997. The central bank was due to release a foreign trade balance for January-February on Monday, as initially planned, according to its data release schedule. The central bank did…


US Ends Normal Trade Relations with Russia, Bans Russian Oil Imports

President Joe Biden has signed a measure into law to end normal trade relations with Russia and signed a separate measure to codify the United States’ ban on Russian oil imports, marking the latest major U.S. response to Russia’s invasion of Ukraine. The signing of H.R. 7108, the “Suspending Normal Trade Relations with Russia and…


German Imports, Exports Jump More Than Expected in February

German exports and imports jumped more than expected in February, the Federal Statistics Office said on Monday, as the effects of the war in Ukraine have yet to be reflected in foreign trade figures. Seasonally adjusted exports rose 6.4 percent on the month, compared to a rise of 1.5 percent predicted by economists. Imports increased…


Rouble Firms Past 90 vs Dollar, Russian Stocks Extend Slide in Volatile Trade

The rouble firmed past 90 against the dollar in Moscow trade on Monday, a near one-month high, while Russian stocks extended their slide lower on the third session of trading after an almost month-long suspension. The Russian market is gradually reopening after a suspension caused by sweeping Western sanctions that followed the beginning of what…


US, Britain to Continue Trade Dialogue in Scotland in April

BALTIMORE, Md.—Top trade officials from the United States and Britain will meet in Scotland in April after two days of talks in the U.S. port city of Baltimore on forging deeper and more inclusive trade relations, and a surprise deal on cutting tariffs. British trade minister Anne-Marie Trevelyan told reporters on Tuesday the meetings had…


US, British Officials Kick Off Talks to Strengthen Trade Ties

BALTIMORE, Md.—U.S. and British officials kicked off two days of meetings to strengthen trade ties on Monday. The talks in the port city of Baltimore mark a broad effort to take stock of the $260 billion bilateral trade relationship, while specific disputes will be dealt with separately and formal talks on a free trade agreement…


Russian Airstrikes Hit Military Airports in Western Ukraine; US and Allies to Strip Russia’s Favored Trade Status | NTD Evening News

Russian airstrikes hit military airports in western Ukraine for the first time, the United Stattes and allies are stripping Russia of its “most favored nation” trade status, and the Florida legislature passes a bill that would outlaw some workplace trainings on anti-racism.


Russia to Lose ‘Most Favored Nation’ Status; Truckers Face Skyrocketing Fuel Costs | NTD Business

The West is further escalating sanctions against Russia. The United States, together with Europe, is set to end normal trade relations with the country, making it more difficult for Russia to do business with the West. Activist investors confront Disney over its relationship with the Chinese regime and the company’s race-based employee training. Electric vehicle batteries…