International trade
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Joe Biden’s Trade Ambassador Says Traditional Agreements Created Problems
appearing before the House Ways and Means Committee on Friday
Global Combustion Car Sales Won’t Return to Pre-Pandemic Levels
New-vehicle sales in Brazil and Mexico are largely flat, and the numbers in Africa are still very small
Spain Sees EU Closer than Ever to Unlocking Mercosur Trade Deal
The European Commission shared an initial list of environmental commitments with Mercosur members Brazil, Argentina, Paraguay and Uruguay during a mission to the region this week
US Lawmakers’ Concern Over Mexico Steel Rekindles Trump-Era Conflict
A group of more than a dozen US senators wrote to top trade officers last week, asking them to engage Mexico in talks over rising US steel import
Mexico’s Economy Exceeds Forecast While Facing Headwinds, Inflation
Latin America’s second-largest economy grew 3.1% in 2022, faces challenges ahead
US Lawmakers Urge Biden to Push Mexico, Canada to Reach USMCA’s Full Potential
Discussions between the US and Mexico have largely stalled due to the departures of negotiators from the Latin American nation’s side and its reluctance to make concessions
US Trade Authorities Insist Mexico Must Change Its Position on GM Corn
Top agricultural officials from the USTR and the Department of Agriculture met their counterparts from President Andres Manuel Lopez Obrador’s administration in Mexico City this week
New Mexico Wants to Facilitate More Trade as Texas Gets Tougher on the Border
New Mexico’s appeal has increased as congestion gets worse in El Paso and Juarez amid the nearshoring boom. As manufacturers leave Asia and build nearer their final market, often the US, the border zone has started to attract electric-vehicle suppliers
Mexico’s Trade Deficit Surprisingly Spreads as Fuel Imports Surge
Revenue from crude exports have been the backbone of President Andres Manuel Lopez Obrador’s plan to subsidize gasoline prices at the pump for consumers
Rebuilding Ukraine Is the World’s Responsibility, Former Minister Says
In an interview with Bloomberg Línea, former economic development minister Tymofiy Mylovanov talks about the effects of the war on his country and world food supplies
Trudeau Weighs Auto-Content Rules as Next U.S. Trade Flashpoint
Justin Trudeau appears set to add another item to his government’s growing list of trade grievances with Joe Biden’s administration.
The World’s Shippers Are Earning the Most Money Since 2008
The industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher.