Russian companies have increasingly turned to China and India to sell products originally intended for U.S.-allied markets in recent months due to Western sanctions against Moscow, China’s state-run Global Times reported on Tuesday, noting that these alternative transactions are often settled in local currencies.
China’s government on Tuesday claimed Beijing is still New Delhi’s top trading partner despite recent reports revealing that the U.S. had supplanted China in the ranking over the past fiscal year, the Press Trust of India (PTI) reported.
The U.S. recently overtook China to become India’s top trading partner, the South China Morning Post (SCMP) reported on Monday, citing new data from India’s Ministry of Commerce and Industry.
The Washington Post, owned by Amazon Executive Chairman billionaire Jeff Bezos, is joining the Chinese Communist Party (CCP) in lobbying President Joe Biden to cut United States tariffs on China-made products.
Israel signed a “groundbreaking” free trade agreement with the United Arab Emirates on Tuesday, its first with an Arab country.
The state-run Coal India will soon import coal for use in public utilities to offset the effects of a nationwide power shortage in April, Reuters reported on Saturday citing a letter by India’s federal power ministry issued that same day. “Coal
President Joe Biden’s administration will continue exempting a number of China-made medical products from United States tariffs even as the Chinese coronavirus crisis exposed the nation’s over-reliance on foreign countries for vital supplies.
U.S. Speaker of the House Nancy Pelosi has threatened to block a free trade deal with Britain should the UK scrap some sections of the Northern Ireland Protocol, a controversial section of the Brexit agreement that has empowered the European Union to effectively divide the United Kingdom.
The European Union is reportedly threatening to target areas represented by government ministers and Brexiteers to pressure them not to scrap the Northern Ireland Protocol which gives it continuing power over the British province.
The British government has indicated that it may finally scrap the Northern Ireland which leaves the European Union in control of much trade and regulatory policy in the province, with or without the EU’s agreement.
On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” author and Nonresident Senior Fellow for Technology and National Security at the Atlantic Council’s Scowcroft Center for Strategy and Security Jamie Metzl said that the U.S. isn’t demanding an
The anti-Brexit deep state attempted to prevent the newly independent UK from signing a trade deal with Australia, a diplomat has claimed.
Indian Prime Minister Narendra Modi said Tuesday that India is ready to fill the food supply gap caused by Russia’s latest war with Ukraine and “feed the world” — but is waiting on approval for this effort from the World Trade Organization (WTO), the Times of India reported.
Former President Donald Trump’s top trade policy adviser during his presidency has endorsed David McCormick for U.S. Senate in Pennsylvania, Breitbart News has learned exclusively.
Nigeria will consider conducting trade with Russia in national currencies, i.e., in Russian rubles, “if necessary,” Nigerian Ambassador to Moscow Abdullahi Shehu told Russia’s state-owned Sputnik news agency on Thursday.
President Joe Biden’s administration has eliminated United States tariffs on more than 350 products made in China, nearly all of which could be made in the U.S. or other countries.
The Biden administration has torpedoed a post-Brexit free trade agreement between the U.S. and the U.K. on Tuesday.
Despite initial hesitancy, both the UK and EU have committed to banning the export of luxury goods to Russia.
The International Monetary Fund (IMF) predicted Sunday that Russia will be moving towards a “deep recession” as a consequence of the sanctions imposed on Moscow after the invasion of Ukraine.
Chinese shipbuilders have seen a “surge” in demand for new cargo ships in recent days, China’s state-run Global Times reported Wednesday.
Countries across the Middle East and North Africa that rely heavily upon Ukraine and Russia for wheat imports may face a food crisis in the near future if Kyiv and Moscow remain at war, regional experts told Al Jazeera on Tuesday.
China lifted all wheat import restrictions on Russia Thursday, the same day the U.S. and the U.K. announced the imposition of financial sanctions on Moscow in response to its invasion of Ukraine this week.
Despite tough talk over Russia’s invasion of Ukraine, the European Union is squabbling internally over whether to include luxury goods and diamonds in sanctions, while there is reluctance on all sides to restrict energy imports.
The UK will seek to strike trade deals with individual American states as the Biden administration drags its feet on a post-Brexit deal.
Boris Johnson will reportedly re-open high-level trade talks with Communist China for the first time since 2018
State-owned Polish gas company PGNiG has confirmed the purchase of a large shipment of liquefied natural gas (LNG) from the United States, which it will transfer on to Ukraine.
Turkish President Recep Tayyip Erdoğan will travel to Kyiv on February 3 where he will hold bilateral talks with his Ukrainian counterpart Volodymyr Zelensky, amid recent political tension between Ukraine and Russia, Reuters reported on Monday.
Boris Johnson has been scorned by a senior Northern Irish politician for boasting of a so-called Freedoms Bill on the two-year anniversary of Brexit, with Brexit never having really been executed in the British province.
Taiwan plans to invest $200 million in Lithuania, following increased hostilities between Lithuania and China.
A huge surge in imported goods pushed the deficit back to the record set in September.
Japan’s federal government is allegedly planning to limit exports of artificial intelligence (A.I.)-powered facial recognition software to China to prevent Beijing from using such technology to “surveil and persecute” ethnic minorities in China, particularly in its westernmost region of Xinjiang, the online newspaper Taiwan News reported on Monday.
The United Kingdom will be imposing new border checks on goods being imported into Britain from the European Union.
China, the world’s top producer of magnesium, has severely limited production of the metal hardener — used across the aluminum industries — since September, throwing global supply chains into disarray and threatening to further disrupt worldwide trade through 2022.
Transportation Secretary Pete Buttigieg has siphoned off $241 million in taxpayer funds to help besieged U.S ports, part of the Biden administration’s quick fix to address America’s clogged supply chain.
Republican David McCormick, the CEO of the world’s largest hedge fund Bridgewater Associates, is likely to enter Pennsylvania’s crowded GOP Senate primary early next year, and sources close to him told Breitbart News to expect a myth-busting campaign from the businessman similar to former President Donald Trump’s meteoric 2016 presidential campaign.
Boris Johnson has put Foreign, Commonwealth, and Development Secretary Liz Truss, a former Liberal Democrat and Remain voter, in charge of Britain’s relationship with the European Union following the resignation of Lord Frost.
Britain has finalised its first post-Brexit trade agreement, righting a “historic wrong” by signing a deal with Australia.
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi met on Monday in New Delhi to solidify over two dozen trade and arms deals between their respective countries, including a pledge to boost annual bilateral trade to $30 billion by 2025.
United States Treasury Secretary Janet Yellen, an economic globalist, is seemingly waving the white flag on globalism, suggesting that economic nationalist policies will be “necessary” to reshoring supply chains to the U.S. from overseas.
Allegedly lax coronavirus protocol at a frozen food import warehouse in northeastern China’s Dalian city caused an outbreak of the disease last month, China’s state-run Global Times reported Friday.
