For months, investors and C.E.O.s waited anxiously for China to ease up on its Covid restrictions, which burdened the economy and were out of sync with the rest of the […]
International Trade and World Market
Trending topics and news from the International Trade and World Market category
Back to news homeUS Proposes Global Green Steel Club That Would Put Tariffs on China
WASHINGTON — The Biden administration on Wednesday sent a proposal to the European Union suggesting the creation of an international consortium that would promote trade in metals produced with less […]
Global Car Supply Chains Entangled With Abuses in Xinjiang, Report Says
Many of those suppliers run through China, which has become increasingly vital to the global auto industry and the United States, the destination for about a quarter of the auto […]
Ukraine’s Allies Agree on Russian Oil Price Cap
An elaborate United States-led plan to limit what Russia can charge for its oil exports is set to cap the price of Russian crude at $60 a barrel, the Group […]
China Protests Over ‘Zero Covid’ Follow Months of Economic Pain
The toll of China’s unwavering approach to fighting Covid has rippled through the world’s second-largest economy for months: Youth unemployment reached a record 20 percent, corporate profits sagged, and economic […]
Ukraine Is Biden’s Defining Issue, and His Biggest Economic Challenge
Russia’s war in Ukraine has become the greatest economic challenge of President Biden’s time in office, threatening to push the world into a recession that could endanger an already fragile […]
Chinese Unrest Over Lockdown Upends Global Economic Outlook
The swelling protests against severe pandemic restrictions in China — the world’s second-largest economy — are injecting a new element of uncertainty and instability into the global economy when nations […]
U.S. Blocks Dominican Republic Sugar Imports, Citing Forced Labor
Charity Ryerson, the executive director at Corporate Accountability Lab, a Chicago-based human rights organization, said the restrictions would be a powerful impetus for Central Romana to improve conditions for its […]
EU Nears Cap on the Price of Russian Oil
A complex effort by Ukraine’s allies to deprive Russia of billions of dollars in oil revenue by putting a cap on the price paid for its crude is reaching a […]
Japan’s Economy Shrinks Unexpectedly, Hit by a Weak Yen and Rising Inflation
Economists say the fall can be attributed to the Bank of Japan’s decision to keep interest rates low. The difference in rates that has opened as the United States has […]