President Donald Trump and China’s Vice Premier Liu He have signed an initial agreement that commits China to policy changes on intellectual property (IP), technology transfer, financial services, and currency management. China also promises substantial purchases of...
Trade War Reshapes U.S. Import Peak Shipping
Waves of new tariffs lifted U.S. waterborne import peak shipping volumes earlier and higher than ever in 2018, while the promise of more to come pushed an atypical December surge. U.S. import peak shipping volumes charted a new course in 2018, driven largely by...
Truce Called in U.S.-China Trade War
A 90-day truce has been declared in the escalating trade hostilities between the U.S. and China after a sidebar meeting at the G20 summit in Buenos Aires between Donald Trump and Xi Jinping. The U.S. has agreed to postpone for 90 days a tariff hike from 10% to 25% on...
U.S. Tariffs on Chinese Goods: Overview and Timeline
The world’s leading trade partners, the U.S. and China, are implementing tariffs on a growing list of goods. With new U.S. tariffs on Chinese goods, companies that rely on imports or exports need solutions to keep pace with wide-ranging, rapid-fire changes in the...
An End to the 16-Year Banana War?
Pending trade deal gives an edge to Latin America in the EU Well-intentioned it may have been, but the EU’s 1993 decision to slap tariffs on bananas from Latin America while allowing bananas from African, Caribbean and Pacific (ACP) countries to enter its markets...
Colombia-Venezuela Thaw Continues
But unfreezing trade will take time We’ve written before on the diplomatic tit-for-tat that virtually shut down commerce between Colombia and Venezuela. After the erstwhile trading partners called it quits in July 2009, binational trade fell by more than 60%. One year...
What a Difference a Trade War Can Make
Miami Herald taps Datamyne to gauge impact of Colombia-Venezuela feud The Miami Herald’s Jim Wyss writes today about the likelihood that Venezuela and Colombia can end the rift that’s caused commerce between the erstwhile trading partners to tumble 70%. As Wyss notes,...