International Trade News

Latest Stories

US to Weigh Venezuela Vote Transparency on Future Sanctions

The US will determine future sanctions on Venezuela based on whether President Nicolas Maduro’s government fully releases voting data from the country’s disputed election over the weekend, according to senior Biden administration officials.

By Eric Martin

Texas Crude Oil Pipelines Are Full to the Brim and Getting Worse

Crude oil pipelines connecting the busiest Texas oil fields to a critical export hub across the state are nearly out of space, threatening to cap US oil exports at a time when the world needs more.

Future of Deep Sea Metals Mining Hinges on Contentious Election

The next leader of an obscure, UN-affiliated agency will help determine the fate of a potentially multibillion-dollar industry seeking to extract EV battery metals from the seabed.

US Backs Early Extension of Trade Pact With Africa, Envoy Says

US President Joe Biden’s administration backed the early extension of a program that will enable more than 30 sub-Saharan African nations to retain their duty-free access to the world’s biggest economy, an envoy said.

Mexico Feels Safer Than Before, Executives Say in Survey

A larger share of companies operating in Mexico are feeling positive about security, according to a new report from the American Chamber of Commerce of Mexico.

US Commits to Buying HIV Drugs Through African Suppliers

The US government is throwing its weight behind African production of antiretrovirals as the continent grapples the world’s largest HIV epidemic.

WuXi AppTec Sees Sales Drop as US Seeks to Cut Ties With China

WuXi AppTec Co. reported shrinking sales as it continues to grapple with a looming US bill seeking to cut ties with Chinese biotechnology companies.

Biden’s Industrial Policy and an Incomplete Legacy: Supply Lines

Every US president has a legacy. So when Joe Biden announced a week ago that he wouldn’t seek a second term, the fight to define his became a predictable clash of extremes.

Yellen Rebuffs Trump Argument on Dollar Hurting US Manufacturing

In former President Donald Trump’s view, a strong dollar is walloping US manufacturers. For Treasury Secretary Janet Yellen, it’s just not that simple.

Meloni Vows to Renew China Ties After Snubbing Xi’s Project

Italian Prime Minister Giorgia Meloni pledged to relaunch bilateral cooperation with China as she kicked off her first official visit to Beijing since snubbing the country’s flagship Belt and Road Initiative last year.