Peru’s Ginger Exports Soar During Pandemic
Peru said Wednesday its exports of ginger almost tripled during the coronavirus pandemic, as the spice is seen as a natural immune system booster.
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France to Transform Surplus Wine Into Hand Sanitizer
PARIS (AFP) — French winemakers will transform wine that went unsold during the country’s two-month coronavirus lockdown into hand sanitizer
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US Ambassador Defends China’s Work on Medical Supplies
The U.S. ambassador to China said Wednesday that he does not believe Beijing is deliberately blocking exports of masks and other medical supplies to fight the coronavirus, and that the shipment of 1,200 tons of such products to the United States could not have been possible without Chinese support.
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Arms Deals With Saudi Arabia Make US Top Exporter of Instruments of Death
As Russia’s share of the pie shrank, the United States increased arms exports by 23% in the last five years, helping to make Saudi Arabia the world’s largest arms importer, a Swedish peace group reported Monday.
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Mexico Returns Ancient Sculpture to Nigeria
The Mexican government delivered to Nigeria on Tuesday an ancient bronze sculpture seized by customs agents at Mexico City airport as its buyer tried to bring it into this country.
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US Whiskey Exports Decline as Trade Dispute With EU Persists
President Donald Trump’s trade war dampened the overseas market for American-made whiskey last year, diminishing exports even as the domestic market continues to thrive.
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Wisconsin Lawmakers Roll Out Bills to Help Farmers
Republicans in the Wisconsin Legislature unveiled a package of seven bills Monday providing relief to the state’s struggling farmers in the form of tax breaks, a boost to agricultural exports and an enhanced partnership with the University of Wisconsin system.
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US Restricts Exports of AI for Analyzing Satellite Images
U.S. technology companies that build artificial intelligence software for analyzing satellite imagery will face new restrictions on exporting their products to China and elsewhere.
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Skepticism Reigns About China’s Supposed US Farm Purchases
From Beijing to America’s farm belt, skeptics are questioning just how much U.S. farm goods China has actually committed to buy — and whether U.S. farmers will be able anytime soon to export goods there in the outsize quantities about which President Trump has boasted.
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Russians and Italians Accused of Dodging US Trade Sanctions
An indictment unsealed by a Georgia federal judge charges Russian and Italian nationals, a U.S. citizen and several companies in a conspiracy to circumvent American trade sanctions by disguising the destination of drilling equipment.
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Putin, Xi Launch ‘Historic’ Russian Gas Pipeline to China
Russia and China on Monday launched a giant gas pipeline linking the countries for the first time, one of three major projects aimed at cementing Moscow’s role as the world’s top gas exporter.
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China Lifts Ban on US Poultry Amid Trump Trade War
China announced Thursday it will end a nearly five-year ban on the importation of U.S. poultry, a move the Trump administration says could boost U.S. poultry exports by more than $1 billion.
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Slowing German Economy Teeters on the Brink of Recession
The German economy is slowing down — and possibly entering a recession — and that’s giving rise to calls for the economic locomotive of Europe to start spending more to ward off a crisis.
Read moreUS Slaps Tariffs on European Goods in Growing Trade Conflict
A trade conflict between the United States and Europeans got uglier Friday after the Trump administration imposed new tariffs on an array of European goods, many of them luxury items like Scotch malt whiskeys, Italian gourmet cheeses, expensive French wines and Spanish olives.
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China Keeps Penalties on US Pork & Soy, Eases Others
China on Wednesday announced it will exempt American industrial grease and some other imports from tariff hikes in a trade war with Washington but kept in place penalties on soybeans and other major U.S. exports before negotiations next month.
Read moreFirms Under Fire for Helping N. Korea Evade Oil Sanctions
Accusing them of helping North Korea’s illegal ship-to-ship transfers to circumvent U.N. sanctions on Pyongyang petroleum, the United States announced penalties Friday against multiple firms and individuals in Taiwan and Hong Kong.
Read moreExtreme Weather to Cut French Wine Output by 12%
France’s wine output is expected to fall 12% this year, the agriculture ministry said Friday, after spring frosts followed by summer heat waves took a heavy toll on vineyards across the country.
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US Exports to Lobster-Loving China Fall off a Cliff
U.S. lobster exports to China have fallen by more than 80% this year as China’s retaliatory tariffs shift the seafood business farther north to Canada.
Read moreChinese Businesses Adapt to US Trade War
Export-reliant Chinese companies are slashing prices, moving production abroad, creating new domestic markets and rebranding goods as they try to survive the escalating trade war with the United States.
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