Trade

Severe heat in the summer has created a nationwide drought, which has dried up 1,200 wells in California and a number of major rivers that feed into the Mississippi River.

Brazil Economy Minister Paulo Guedes learned from Milton Friedman at the Chicago School and implemented his policies under President Jair Bolsonaro's administration.

Commercial Customs Operations Committee, an advisory panel to U.S. Customs and Border Patrol, are recommending ways to streamline international trade.

The FDPR, or foreign direct product rule, allows the U.S. to decide who can buy products made with American technology even if those products are made abroad.

Global trade is expected to grind to a halt next year as a result of a convergence of economic crises including spiking energy prices and higher interest rates.

Providing tax breaks only to US manufactured goods likely violates the World Trad Organization (WTO) rules and is alienating US trade partners and US allies.

The World Bank expects developing economies in East Asia to grow faster than China, because of it's zero-COVID policies, for the first time since 1990.

The European Union is criticizing the Inflation Reduction Act's tax credit for electric vehicles that requires final assembly to take place in North America.

Japanese car manufacturer Mazda is attempting to build supply line infrastructure outside of China after COVID-19 lockdowns deeply disrupted their manufacturing process.

The U.S. government, through its Department of Agriculture, authorized the entry of Mexican avocados from the Jalisco region.

The United States trade deficit in goods shrank considerably in the month of June after a surge in exports. This news could potentially the fears of a potential recession.

Nine people, including former Republican congressman from Indiana Stephen Buyer, have been charged with insider trading in four separate cases.

The Federal Trade Commission could make it easier for our economy to bounce back, but that isn't its Democrat leadership's goal.

Former Japanese Prime Minister Shinzo Abe, who set the tone for Japan's economic future, was assassinated Friday while giving a campaign speech in Nara prefecture.

For Independence Day 2022, WalletHub compared all 50 states based on 39 metrics to find the most and least independent states this year. Utah was at the top of the list.

President Joe Biden announced the U.S. would join an effort alongside allies to counter China's growing global economic influence after taking action to roll back solar tariffs.

A number of factors ranging from inflation to hiring freezes to industry-wide pressures have caused Bitcoin and other cryptocurrencies to lose significant value.

DHS on Friday released its strategy to stop the importation of goods into the U.S. that have been made by forced labor in the Xinjiang province of China.

Rep. Dusty Johnson was one fo the leading co-sponsors of the Ocean Shipping Reform Act in the House. President Biden is expected to sign the bill Thursday.

Here are the key events taking place on Wednesday that could impact trading including the DOE's inventory, U.S. trade gap and retail news.