Hawley proposes bill revoking China's preferential trade status
Senator Josh Hawley is introducing legislation to permanently revoke China's "most favored nation" trading status as a means of protecting American workers.
China economic espionage 'top threat' to US commercial, military secrets
Intelligence community leaders rated China as the top threat to America's economic and technological competitiveness in congressional hearings on worldwide threats held last week.
South Korea says US Chips Act subsidies have too many requirements
SK Group of South Korea has pledged a $15 billion U.S. investment that includes semiconductor research and development.
US challenges Mexico’s plan to phase out imports of corn from GMO seeds
During 2022, Mexico purchased nearly $5 billion worth of corn from the U.S., making it the second largest importer after China. US exports to Mexico are GMO based.
Huawei export licenses could be revoked by US
Huawei was previously placed on the US Commerce Department’s blacklist over concerns China could use the company’s telecommunications tech for spying.
US manufacturers urge House select committee on the CCP to help American businesses compete with China
The National Association of Manufacturers is calling on the House select committee on the U.S.-China competition to take steps to enhance the American manufacturing sector.
How Russia’s invasion of Ukraine changed financial markets
Russia's invasion of Ukraine, one year ago, could have permanent negative consequences for the global economy, inflation, and financial markets caused by reduced trade.
US aims to create semiconductor manufacturing clusters with Chips Act funds
US Secretary of Commerce Gin Raimondo lays out Washington's plan to organize and shape the semiconductor manufacturing industry from the top, down, through 2030.
UK trade chief rips Biden's 'protectionist' policies
U.K. Business and Trade Secretary Kemi Badenoch on Tuesday slammed President Biden's Inflation Reduction Act as "protectionist" and warned it could cause supply chains to fail.
War in Ukraine: The economic impact on energy and food one year after Russia's invasion
The one-year anniversary of Russia's invasion of Ukraine arrives on Friday and the war has caused major economic volatility, particularly in energy and food commodities.
Biden admin declines to overrule trade court's import ban on Apple Watch
The Biden administration declined to block the U.S. International Trade Commission's import ban on Apple Watches that allegedly infringed on AliveCor's patented technology.
Apple Watch faces potential import ban over patent dispute with Masimo
A judge for the U.S. ITC ruled in January that Apple violated one of Masimo's patents for using light sensors to gauge blood oxygen levels in smartwatches.
US restrictions on goods from China made with Uyghur forced labor worries Vietnam exporters
Exporters based in Vietnam are concerned about violating a U.S. ban on imports from China's Xinjiang region which aims to block goods made with Uyghur forced labor.
India billionaire scandal a 'hitjob' by US firm attacking financial systems, supporters claim
A New York City-based forensic financial group accused Gautam Adani's company of running the "largest con in corporate history," causing investors to pull back.
House panel on China economy: 'Single greatest threat to America's global standing'
The House Financial Services Committee held a hearing on the economic threat posed by China and ways the U.S. can undercut China's growing influence through trade policies.
US trade deficit hit record in 2022
The trade deficit in goods and services was a seasonally adjusted $67.4 billion in December, the Commerce Department said Tuesday, up from a revised $61 billion in November.
Turkey earthquake causes massive shipping container fire caught on video, Maersk says
A fire is raging Tuesday at the Port of Iskenderun in southern Turkey following a devastating earthquake there Monday, shipping giant Maersk says.
China continues to lead world in counterfeit and pirated products: USTR report
The Office of the U.S. Trade Representative report on notorious markets for counterfeit and pirated goods found that China continued to lead the world in goods seized by CBP.
Russia boosts China trade to counter Western sanctions
Russia and China have spent years building stronger economic ties, including a $55 billion gas pipeline and Russia’s increased usage of China’s yuan.
China solar panel shipments scrutinized over forced Uyghur labor
Customs and Border Protection is scrutinizing imports from China's Xinjiang region under the Uyghur Forced Labor Prevention Act. Solar panels are the most commonly flagged product.