Indonesia Aug exports, imports seen staying strong on resources boom
Indonesia’s exports and imports likely continued to surge in August, driven by high prices of the country’s main commodities like coal and palm oil, a Reuters poll showed on Tuesday.
U.S. ramps up warnings of business risks in China’s Xinjiang region
The U.S. government on Tuesday strengthened its warnings to businesses about the growing risks of having supply chain and investment links to China’s Xinjiang region, citing forced labor and human rights abuses there.
U.S. tire industry harmed by Korea, Taiwan, Thailand tire imports -trade panel
The United States International Trade Commission (ITC) said on Wednesday that U.S. manufacturers are “materially injured” by imports of passenger vehicle and light truck tires from Korea, Taiwan and Thailand.
UK recovery quickens in April as economy posts record annual jump
Britain’s recovery from the COVID-19 pandemic sped up in April as lockdown measures eased, with the fastest monthly growth since July leaving output a record 27.6% higher than a year earlier, when the virus was rampant and lockdown tightest.
U.S. trade czar Tai says upbeat on prospects for ‘intense’ trade talks with EU
U.S. Trade Representative Katherine Tai said on Thursday she will accompany President Joe Biden to Brussels next week for “intense negotiations” to try to resolve trade disputes over aircraft subsidies and steel and aluminum.
China’s imports grow at fastest pace in decade as materials prices surge
China’s imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by COVID-19 cases at the country’s major southern ports.
Asia shares turn cautious ahead of U.S. inflation
Asian shares turned lower on Monday as relief over the benign U.S. jobs report was chilled by caution ahead of key inflation data later this week, while a coronavirus outbreak in Taiwan took a toll on chip manufacturers.
