Tag: trade

Tuesday, December 17th 2019 - 09:51 UTC
Mexico rejects US labor inspectors: they are not included in the USMCA trade pact

Mexico’s trade negotiator for North America said that Mexico categorically opposes allowing foreign labor inspectors to operate in the country, saying that was not contemplated in the recent agreement with Washington and Ottawa on the USMCA pact to replace the North American Free Trade Agreement.
Wednesday, October 16th 2019 - 17:40 UTC
Brazilian economy still on the takeoff tarmac, lack of confidence blamed

Brazil's economy is on an erratic path, according to economic activity data released for the third quarter of 2019. The economy shows no signs of a consistent recovery, and economic activity still depends on household consumption, trade, and the service sector.
Wednesday, October 2nd 2019 - 09:57 UTC
Mercosur and South Korea fourth round of trade talks, this time in Busan

South Korea’s trade ministry said on Monday it plans to hold the fourth round of trade talks with Mercosur as Seoul aims to expand its trade network with emerging countries and revitalize its ailing exports.
Thursday, September 5th 2019 - 09:45 UTC
Brazil soybean sales to China in August down 40% year on year

Brazil shipped 4.1 million tons of soybeans to China in August, down 40% year on year, according to the Secretariat of Foreign Trade of Brazil, or Secex. Though Secex didn’t provide any reason for the sharp drop, but trade sources cited rising competition from Argentina and African swine fever among the reasons for the decline.
Saturday, May 18th 2019 - 09:59 UTC
New North American trade pact closer as US lifts tariffs on steel and aluminum from Canada and Mexico

The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact.
Saturday, April 27th 2019 - 10:13 UTC
Microsoft hit this week trillion-dollar value mark for the first time

Microsoft hit the trillion-dollar value mark on Thursday for the first time, becoming the third technology giant to reach the milestone. Shares in Microsoft rallied some 5% in early Wall Street trade after a robust earnings report a day earlier to lift the value briefly above US$1 trillion
Thursday, April 25th 2019 - 08:09 UTC
Closer ties between China and the Development Bank of Latin America

The head of a top Latin American financial institution believes China's Belt and Road Initiative, or BRI, could help inject new dynamism into the world economy, as well as generate new ideas to foster more connectivity between Asia and Latin America. Luis Carranza Ugarte, executive president and CEO of CAF－Development Bank of Latin America－is attending the second Belt and Road Forum for International Cooperation in Beijing this week.
Wednesday, April 24th 2019 - 11:36 UTC
Argentina trying to sell its soy bumper crop to China

Argentina is pushing to increase agricultural trade with commodities-hungry China, as farmers on the country’s Pampas grains belt prepare for what is expected to be a bumper soybean harvest over the weeks ahead.
Wednesday, April 17th 2019 - 09:55 UTC
China interested in more Brazilian meat and increasing investment

China is planning to allow more Brazilian meat imports following high-level talks set for May, the Chinese ambassador to Brazil said on Monday. Yang Wanming declined to comment on how many meat processing plants could be approved to export to China but said the issue would be discussed when Brazil Agriculture Minister Tereza Cristina Dias travels to China in May.
Wednesday, April 10th 2019 - 09:49 UTC
US-Mexico border stricter controls hitting the highly integrated US auto industry

Long delays at the U.S.-Mexico border crossing for goods destined for American plants and consumers are hitting the U.S. auto industry, and the gridlock reduced by half the number of northbound trucks that crossed the entry point last week.