Preparations are underway at ports in the projected path of Hurricane Irma, expected as of Friday morning to move up the Florida Keys and hit the continental U.S. near Miami this weekend. The ports of the U.S. Virgin Islands and Puerto Rico are closed – the Coast...
The USTR plan for renegotiating NAFTA is largely about bringing it in line with trade policies developed since 1994. What’s really new: The U.S. states its goal is to reduce the U.S. trade deficit. Talks are set to open August 16. The first round of talks to revise...
Thirteen current and former government officials in Venezuela are designated for sanctions that freeze their U.S. assets and bar U.S. persons from doing business with them. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added 13...
With Argentine Congressional approval, the free trade agreement signed by trade bloc members and Egypt in 2010 will enter into force within a month. Argentina announced it has sent its formal ratification of the Mercosur-Egypt FTA to the regional trade bloc’s...
U.S. beef exports to South Korea passed a billion-dollar milestone in year 5 of the KORUS FTA. Beef exports are primed for more growth as the Chinese and Brazilian markets re-open. U.S. Beef Exports: KORUS FTA Trajectory No market provides a better example of the fall...
Brazilian beef exports have paid a price for Operation Weak Flesh, the Brazilian government investigation into alleged bribery of food-sanitation inspectors. [See Brazilian Meat Exports Skewered.] The investigation culminated in March with charges against 21 meat...
New Zealand has a clear shot at its target of $2 billion in wine exports by 2020, reports the New Zealand Winegrowers industry association, with New Zealand wine gaining U.S. market share, surpassing $500 million for the first time in April. Last year, New Zealand...
Whiskies were the top tipple in U.S. trade in distilled spirits in 2016, with one notable exception. Our 2016 U.S. Census-sourced data shows whiskies with the leading share of imports by value (27%) and volume (31%), and exports by volume (76%) of trade in the...
Could the Pacific Alliance become the vehicle for the economic ties across the Pacific Rim that were the aim of the Trans-Pacific Partnership (TPP)? The four members of the trade bloc – Chile, Colombia, Mexico and Peru – are among Latin America’s leading advocates for...
Brazilian meat exports have taken a big hit. On March 17, Brazil’s federal police raided meat packers accused of paying off inspectors to okay rotten and adulterated meat for market, capping a two-year investigation into official corruption dubbed “Operation Weak...
