In several Latin American countries, there is renewed interest and advocacy to reactivate bilateral ties with Taiwan, after years of broken political promises and economic contracts.
Tag: exports
The 75,000 wholesalers in the export manufacturing hub of Yiwu say they have been moderately affected by the tariffs imposed by U.S. President Donald Trump, which he has just announced he will double. Many had already pivoted to developing countries to sell their goods.
The American president had promised tariffs of at least 60% on all Chinese products. For now, it will be only 10%. Washington has other issues to negotiate with Beijing. Hitting old allies harder is part of a much different approach.
For the past two decades, Norway has developed an industrial and tourist sector around the king crab, a giant crustacean whose leg span can exceed two meters. But this boon for the economy of the great Norwegian north is now in more than a pinch.
Ten years after the launch of the Modi’s “Make in India” program, India’s industry problem has deepened — just like its dependence to China.
Peru’s President Dina Boluarte is traveling to China to fine tune free trade with this vital, if overbearing, business partner. It will also help her flee the deep and wide popularity among Peruvians.
Russia is digging itself into a hole as it becomes increasingly dependent on China, as a result of international sanctions and isolation. This shifting dynamic, analysts argue, is bound to have ripple effects around the world
In recent months, Moscow has intensified its attacks on Ukrainian grain export routes that are dangerously close to NATO member Romania. Is Putin playing with fire?
Beijing recently placed an export ban to the U.S. of two key metals. The move is a retaliation for U.S. bans of Chinese tech. The question remains of whether the superpowers can compromise before a total tech war breaks out.
Poland’s unilateral decision to ban imports of Ukraine’s agricultural products, in violation of EU agreements, has caused shock among Ukrainians. Nazar Bobytsky, head of the Ukrainian office of the Polish Union of Entrepreneurs and Employers, says Brussels must show Kyiv it is serious about Ukraine joining the EU.
Despite what the Kremlin claims, Western sanctions against Russia are working. Perhaps most important is the embargo on electronic component exports, which prevents the Russian army from rebuilding tanks and missiles severely depleted in the war.
Moscow and Kyiv reached a much hailed accord in July to allow transport of Ukrainian agricultural output from ports along the Black Sea. However, analysis from Germany’s Die Welt and Ukraine’s Livy Bereg shows that it has done little so far to solve the food crisis, and is instead being used by Putin to advance his own ambitions.
As the leaders of Turkey, Iran and Russia meet to discuss the situation in Syria, the West is closely watching Turkish President Erdoğan’s moves on Kurdish separatists in northern Syria, now that Moscow is focused on Ukraine.
Rising tensions in wheat productions, explosion of oil prices, fear of the unknown, could the Ukraine war lead to a popular Arab uprising similar to the one in 2011?
In an attempt to shore up its failing economy, Russia is trying to blackmail the West and asking to be paid in rubles for its natural gas. However, such a move is unlikely to help Moscow in the long-term. And the important question still remains of how the EU will manage without Russian gas.
A new documentary uncovers some disturbing truths about the unregulated networks that provide more than half of the horse meat that Europe consumes.
Desperate for a chance to boost the economy and create some much needed jobs, Buenos Aires is ready to sign off on what environmentalists call a ‘pandemics factory.’
In loudly rejecting President’s Trump threat to label Mexican drug gangs terrorists, Mexico’s government is covering its failure, if not reluctance, to tackle systemic corruption and its offspring, crime.
President Trump’s erratic strikes against the world’s trading regime require a collective response, as unilateral state reprisals cannot check an ‘arrogant’ U.S. administration.
Spain, an industralized EU member with close ties to Latin America, could profit from easing the entry of Chinese firms keen to invest in and export to the Americas
Just because trade balances tend to work in Germany’s favor doesn’t mean partner countries aren’t benefiting too.
WASHINGTON — President Donald Trump is breaking with recent U.S. convention by portraying China as a rival that wants to undermine American prosperity. But it may take more than an aggressive tone to change the complex relationship between two economies that are joined at the hip. In a new national-security strategy released Monday, the White House lumped China with Russia as powers seeking to “challenge American power, influence, and interests,” and attempting to erode the country’s security and prosperity. “We will attempt to build a great partnership with those and other countries, but in a manner that always protects our […]
BOGOTÁ — The dragon fruit, or pitaya — that exotic fruit resembling a yellow or red flame and touted for its many health benefits — might just be the great new hope of Colombia’s economy. Though the worldwide market for pitaya has long been growing for several years in such countries as China, the United […]
If Trump wants to seal off U.S. borders, Latin Americans can respond by boycotting American brands.
-Analysis- BEIJING — The numbers are decidely mixed. Year-on-year, China’s exports fell in September by 10%, which was a 0.5% further drop over August. Meanwhile, the National Bureau of Statistics showed that third-quarter Chinese GDP growth steadied to a solid 6.7%. But putting aside the short-term trend lines, the longer-term outlook shows alarming signs of […]
More and more coffee growers are going organic in Colombia. A boost for the environment, the trend is also improving lives, as producers in the coastal Sierra Nevada de Santa Marta can attest.
China’s recent currency devaluations have set off a series of economic consequences, both intended and otherwise. And the reach is more global than ever.
-Analysis- BUENOS AIRES — As China extends its investment reach to just about every corner of the globe, the enormous amounts of capital at play are transforming economic and strategic relations the world over. Latin America is one of the Asian giant’s key investment targets. But of all the region’s countries, only Brazil appears to […]
MOSCOW — If you happen to produce widgets in Russia and sell them in foreign currency, your time has come. Konstantin Babkin, president of a company that produces tractors, is convinced that the ruble should have been devalued long ago. “An excessively strong ruble already killed our airplane construction, food and light manufacturing industries,” he […]
The French may never abandon the notion of mealtime as sacred, but it seems they love their crumpets and chips. France is now the second-largest importer for British food products.
ALCORTA — Walter Canzani’s farm is in one of the most fertile zones of Argentina’s Pampas region. Still a proud gaucho (cowboy), this son of Italian immigrants knows, however, that the cows that made Argentina’s beef the most famous in the world are no longer the big money-maker. Although Canzani still keeps some 50 heifers […]
Though chances still remain low, Israel wants to be prepared as threats grow of a major global boycott of its goods, like what happened in South Africa in the 1980s.
Moscow has already made it clear to Ukraine that it should stop reaching out to Western Europe. The same message is being sent to Lithuania, which is already an EU member.
Moscow’s goal be an exporter of manufactured goods must be done in the face of major political and financial uncertainties.
Global Trade Alert has just published its 2013 report on international trade, and raised the alarm on “Protectionism’s Quiet Return.” In the cross-hairs of this free-trade advocacy group are the G20 countries, which have been taking more and more protectionist measures since the financial crisis broke out in 2008. From the anti-dumping EU measures on […]
HINDUSTAN TIMES, INDIA TODAY, TIMES OF INDIA (India), REUTERS, AFP, BBC Worldcrunch DELHI – Figures were released Friday showing India’s economy grew at its slowest pace in a decade during the 2012-13 financial year. Low business confidence, slumping investment, high inflation and weak export demand from Western countries were blamed for the bleak performance, which […]
NEW YORK – Some people are hailing it as a culinary revolution. One thing is certain, the re-introduction of certain banned Italian pork products after 15 years represents some serious business opportunities. Italian businesses will now be able to sell “Made in Italy” pork products such as salami, pancetta, air-cured pork, and culatello Parma ham […]
CIUDAD JUAREZ – A maquiladora, or maquila, is an offshoring factory or manufacturing plant operated under U.S.-Mexico free trade agreements to encourage the development of industry in Mexico. Mexico allows materials used in maquilas to enter duty-free, provided the finished product is then immediately exported out of Mexico. The U.S. in turn charges these products […]
MAKASSAR – The nostalgic traveler who goes to Indonesia with the idea of walking in the footsteps of Joseph Conrad and living out their own Spice Route literary adventures will be stunned by the sheer luxury of Makassar’s airport. A symbol of Indonesia’s rapid modernization and economic growth, this city of 1.5 million inhabitants does […]