Latest Visible trade News

China's March exports rise 30.6% as global demand revives

Apr. 13, 2021 07:03 AM EDT

BEIJING (AP) — China’s exports rose 30.6% over a year ago in March as global consumer demand strengthened and traders watched for signs of what President Joe Biden might do about reviving tariff war talks with Beijing. Exports rose to $241.1 billion, decelerating from...

US trade deficit jumps 4.8% to $71.1 billion in February

Apr. 07, 2021 10:38 AM EDT

SILVER SPRING, Md. (AP) — The U.S. trade deficit grew to a record $71.1 billion in February as a decline in exports more than offset a slight dip in imports, with severe weather taking much of the blame from analysts, who were expecting a slightly lower gap. The...

Expansion planned for Port of Brunswick to handle more cars

Apr. 04, 2021 12:24 PM EDT

BRUNSWICK, Ga. (AP) — A planned expansion will allow the Port of Brunswick to accommodate additional ships carrying automobiles and machinery. The Georgia Ports Authority has received a federal permit from the Army Corps of Engineers to add a fourth berth for cargo...

Pakistan cancels decision about allowing trade with India

Apr. 01, 2021 11:32 AM EDT

ISLAMABAD (AP) — Pakistan's Cabinet on Thursday canceled a decision announced the previous day ago about allowing the resumption of partial trade with nuclear-rival neighboring India, the foreign minister said. The cancellation followed criticism by Pakistan's...

WTO: Vaccination lag poses threat to rebounding global trade

Mar. 31, 2021 12:00 PM EDT

FRANKFURT, Germany (AP) — The World Trade Organization is raising its estimate for the rebound in global trade in goods but warning that the COVID-19 pandemic still poses the greatest threat to a recovery that is being hampered by lagging vaccinations, regional disparities and weakness in...

As tensions ease, Pakistan allows partial trade with India

Mar. 31, 2021 10:05 AM EDT

ISLAMABAD (AP) — Pakistan on Wednesday lifted a two-year ban on the import of sugar and cotton from nuclear-rival neighboring India, a major move aimed at reviving trade ties with New Delhi amid easing tensions, Pakistan's finance minister said. The decision to...

Stepping up Myanmar coup penalties, US suspends trade deal

Mar. 30, 2021 00:05 AM EDT

WASHINGTON (AP) — The United States on Monday suspended a trade deal with Myanmar until a democratic government is restored in the Southeast Asian country after a Feb. 1 coup followed by a violent crackdown on protests. The military overthrew the elected government,...

China cuts taxes to spur semiconductor development

Mar. 29, 2021 02:08 AM EDT

BEIJING (AP) — China announced tax breaks Monday to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips for tech giant Huawei and some other companies. Leaders...

Myanmar garment workers urge global brands to denounce coup

Mar. 19, 2021 17:39 PM EDT

NEW YORK (AP) — Tin Tin Wei used to toil 11 hours a day, six days week sewing jackets at a factory in Myanmar. But she hasn't stitched a single garment since a coup in February. Instead, the 26-year-old union organizer has been protesting in the streets — and trying...

Chinese exports surge as global demand recovers from virus

Mar. 07, 2021 00:45 AM EST

BEIJING (AP) — China’s exports surged 60.6% over a year earlier in the first two months of 2021, after factories reopened and global demand started to recover from the coronavirus pandemic. Exports rose to $468.9 billion, customs data showed Sunday, accelerating from...