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GlobalTrade

U.S. Steps Up Influence Push in Peru Ahead of Presidential Vote

As Peru heads into a highly contested presidential election, the United States is intensifying efforts to strengthen its influence in the resource-rich nation, amid growing competition with China. Led by newly appointed U.S. Ambassador...

U.S. Trade Court to Hear Challenge Against Trump’s 10% Global Import Tariff

A U.S. trade court is set to hear arguments on Friday over the legality of a 10% global import tariff imposed by Donald Trump, following lawsuits filed by 24 mostly Democratic-led states and two...

U.S. Trade Deficit Widens to $57.3 Billion in February Despite Record Exports

The U.S. trade deficit widened by 4.9% to $57.3 billion in February, as a surge in imports outpaced strong export growth, according to data released by the Commerce Department’s Bureau of Economic Analysis and...

U.S. Launches Trade Probes Targeting Excess Capacity and Forced Labor

The administration of U.S. President Donald Trump has launched two new trade investigations targeting excess industrial capacity among major trading partners and the use of forced labor in global supply chains. Announced on Wednesday...

US Tariff Relief Triggers Rush and Doubts in China’s Export Sector

A temporary reduction in U.S. tariffs on Chinese goods has triggered mixed reactions among manufacturers in China’s major export hubs, with some rushing to take advantage of the opportunity while others remain cautious about...