Albanian Anchovy Sales Boom as Lockdowns Promote Tinned Food
Businesses worldwide have gone dark under coronavirus shutdowns, but in Albania, the anchovy trade is booming as demand for the tinned delicacy surges among European households.
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US Trade Deficit Fell Before Virus Hit American Economy
America’s trade gap with all countries dropped 12.2% in February to the lowest level since fall 2016, while the closely watched deficit with China also shrank as the coronavirus pandemic shut down that country’s economy.
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Environmental Group Loses Fight for EU Trade Records
The European Union’s highest court ruled Thursday that an environmental law charity cannot have access to documents relating to EU trade agreements.
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Trade Groups Fight to Slow Down Planned Oakland Ballpark
Trade associations representing the trucking and shipping industry are challenging a legislative effort to fast-track the environmental review process for a new Oakland A’s ballpark near the Port of Oakland.
Read moreAsia Stocks Tumble on Virus Fears After Wall Street Plunge
Asian stock markets plunged further Friday on spreading virus fears, deepening an global rout after Wall Street endured its biggest one-day drop in nine years.
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UK Threatens to Walk Away From EU Trade Talks
Britain warned Thursday it would not commit to following European Union rules in a post-Brexit trade deal and threatened to abandon talks in June if no compromise was possible.
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US Lobstermen May See Relief From Steep Chinese Tariffs
China is making U.S. lobster eligible for a tariff reduction, good news for lobster fishermen who lost a key export market during trade hostilities, Maine’s congressional delegation announced Tuesday.
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No Trade Deal for Trump in India
Donald Trump failed Tuesday to strike a major trade deal with India at the end of a visit big on photo opportunities but short on substance and overshadowed by deadly riots.
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Meat Trade Group Advances Suit Against California
A United States meat industry trade group says its members are being curtailed by a California anti-animal cruelty law that requires more space to farm animals that are raised for consumption.
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China Bans Wildlife Trade Due to Virus
China on Monday declared an immediate and “comprehensive” ban on the trade and consumption of wild animals, a practice believed responsible for the deadly coronavirus outbreak.
Read moreEU Envoys Try to Hammer Out Deal With UK
EU envoys meet Monday to finalize a negotiating mandate for Brexit trade talks with Britain, with France insisting on strict red lines to uphold European standards.
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Scotch Whisky Will Lose $130 Million to US Tariffs
Scotland’s whisky industry is facing a £100 million ($130 million) fall in exports as a 25% tariff on imports of single malt Scotch into the United States starts to “hit hard,” according to an industry body.
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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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Yearly Trade Gap Falls for First Time Since 2013
The overall U.S. trade deficit shrank in 2019 for the first time in six years as imports fell faster than exports, including crude oil imports.
Read moreBoris Johnson Talks Tough on Trade
British Prime Minister Boris Johnson is setting out a tough opening gambit Monday in negotiations with the European Union, saying the U.K. will walk away without a free-trade deal rather than agree to follow rules set by the 27-nation bloc.
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San Diego Lawmakers Secure $300M for Cross-Border Pollution Crisis
Standing in front of the San Diego Bay on Friday and touting the importance of being able to surf with dolphins, elected leaders called on the U.S. Environmental Protection Agency to immediately allocate $300 million secured by a trade agreement signed this week to address a cross-border wastewater pollution crisis.
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Economic Growth Dropped to Three-Year Low in 2019
The U.S. economy grew at a rate of 2.1% in the last three months of 2019, while growth for the whole year fell to the lowest level since 2016.
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Trump Signs New Trade Deal With Canada and Mexico
President Donald Trump on Wednesday officially signed the new trade agreement between the U.S., Mexico and Canada, finalizing a deal that overhauls labor, environmental and intellectual property rules.
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Post-Brexit Talks Will Feature a Fish Fight
When it comes to U.K.-European Union relations, there’s nothing like slapping a fish around. After all, both sides have been contesting who rules their waves practically since the United Kingdom became a member in 1973.
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US Wants End to EU ‘Chlorine Chicken’ Ban
The U.S. said Monday that Europeans should reconsider their ban on so-called chlorinated chicken and hormone-treated beef imports, as efforts heat up to clinch a swift trade deal with Washington.
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