US Trade Deficit Widens in May: A Closer Look at the Numbers
The US trade deficit in goods experienced a slight uptick in May, climbing to a seasonally adjusted $96.6 billion. This represents an 11.1 percent increase, or $9.6 billion, compared to…
EU Cracks Down on Cheap Chinese Plywood: 62.4% Anti-Dumping Duty Imposed
The European Union has taken a firm stance against what it calls unfair trade practices, slapping hefty anti-dumping duties on hardwood plywood imports from China. The move, announced Tuesday by…
US Unveils New Africa Strategy to Counter China’s Growing Influence
The United States is gearing up to challenge China’s expanding presence in Africa with a renewed focus on investment and trade, according to a top US official. Troy Fitrell, the…
De-risking, Not Decoupling: Senator Rounds’s Pragmatic Approach to US-China Relations
Senator Mike Rounds (R-S.D.) recently argued against a complete decoupling of the US and Chinese economies, advocating instead for a strategy of “de-risking.” Speaking at the Reagan National Economic Forum…
China Reopens Doors to Japanese Seafood After Fukushima Wastewater Dispute
After months of tension, a breakthrough has been reached in the dispute over Japanese seafood imports to China. Following the release of treated wastewater from the Fukushima Daiichi nuclear power…