A trade complaint concerning hot-rolled steel filed with the Department of Commerce and US Trade Commission Tuesday is the latest move in a US steelmakers pushback against low price imports that “have been flooding our shores, substantially reducing selling prices,...
Trade Data on China: US Exports Take a Hit
The Mercosur countries feeling the pinch of China’s economic rebalancing act with its cutbacks in imports (as we wrote yesterday in Mercosur’s Falling Currencies Failing to Lift Exports) are not alone: Any country that counts on China as a customer for its exports is...
Mercosur’s Falling Currencies Failing to Lift Exports
One benefit of a weakening currency should be exports priced to move in the global marketplace. So the slide in value of, for example, Brazil’s real should be translating into rising exports. But that’s not happening in Brazil or other key emerging markets that the...
Pacific Alliance Trade Pact Enters into Force
The Pacific Alliance has reached a new milestone in its quest to eliminate barriers to the free flow of goods, capital and labor across the borders of the bloc’s four member nations (Chile, Colombia, Mexico and Peru) and so position itself as a hub for Asian-Latin...
We Will Be at the Esri User Conference
We’re looking forward to the annual Esri User Conference next week in San Diego, where we’ll be presenters and exhibitors (if you’re going, stop by and see us at Booth #913). Our partners at Esri are leaders in the development of GIS software. We teamed with them last...
Trade Data on Iran: Set to Regain Share in Petrochemicals
Iran is readying the ground for resumption of petrochemicals exports as the nuclear deal it’s struck with six world powers, including the US, calls for lifting the sanctions that have throttled the country’s sales abroad and shrunk its economy by 20%. As Platts...
Happy Bastille Day!
More than champagne and perfume ... the leading French imports in the US are turbojets, airplanes and other aircraft. Although, as we've noted before, France is the leading source for US imports of wine and spirits. Here are the top 15 US imports from France: Happy...
US Shrimp Industry Losses due to BP, Not Unfair Trade
BP earlier this month agreed to pay $18.7 billion to settle all federal and state claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico ... and took a giant step toward wrapping up its losses from this disaster. Not so the Gulf’s seafood...
Trade Data on Greece: Impact on US Import-Export Limited
The first hiccups in trade with Greece following that country’s rejection of creditors’ demands for more austerity are being felt. The Wall Street Journal reports that Greece’s capital controls on the outward flow of euros are choking commerce as exporters to Greece...
Trade Data on Greece Shows Fate Lies with Top Trade Partner
The Greek people have voted and now, with Sunday’s referendum resulting in a “No” on bailout terms offered by their country’s creditors, what happens next is in the hands of Greece’s top trading partner. Germany is reportedly staying tough on debt relief (as reported...