For large and small nations around the globe, the hope of averting a recession is fading, the World Bank warned on Tuesday.The grinding war in Ukraine, ongoing supply chain chokeholds, […]
International Trade and World Market
Trending topics and news from the International Trade and World Market category
Back to news homeBiden to Pause New Solar Tariffs as White House Aims to Boost Adoption
WASHINGTON — The Biden administration on Monday announced a two-year pause on imposing any new tariffs on the solar industry, a decision that follows an outcry from importers who have […]
Biden Has ‘Only Bad Options’ for Bringing Down Oil Prices
HOUSTON — When President Biden meets Crown Prince Mohammed bin Salman in Saudi Arabia, he will be following in the footsteps of presidents like Jimmy Carter, who flew to Tehran […]
Europe’s Russian Oil Ban Could Mean a New World Order for Energy
HOUSTON — The European Union’s embargo on most Russian oil imports could deliver a fresh jolt to the world economy, propelling a realignment of global energy trading that leaves Russia […]
Global Brands Seek Clarity on Xinjiang
Ms. Apter said that while no Eileen Fisher garments were being made in Xinjiang and that it wasn’t getting fabric or yarn from the region, the company didn’t know whether […]
Gas Prices Hit New Highs as Summer Driving Season Starts
HOUSTON — With the Russian invasion of Ukraine grinding on, drivers will have to shell out a lot more to fill up their cars as the summer travel season begins […]
Debate Over Tariffs Reveals Biden’s Difficulties on China Trade
WASHINGTON — President Biden’s decision on Monday to try to align with Asian partners to form an economic bloc against China comes at a moment of frustration over his administration’s […]
Weakened Euro May Become Equal to the U.S. Dollar
The list of ailments troubling the eurozone economy was already stark: the highest inflation rate on record, energy insecurity and increasing whispers about a recession. This month, another threat emerged. […]
Omens of Decline for Russia’s Once World-Leading Energy Industry
It was to be a hugely ambitious project on the frigid Gulf of Ob, in Russia’s Far North, a steppingstone in Moscow’s rising ambitions to be a power in liquefied […]
Japan’s Economy Shrank 1 Percent as Consumers Fled Covid
TOKYO — Last December, after two years of stop-and-go growth, Japan’s economic engine seemed like it might finally be revving up. Covid cases were practically nonexistent. Consumers were back on […]