China Criticizes Panama for Scrapping HK Port Contracts
COSCO Shipping has suspended operations at Balboa Port, located at the Pacific entrance of the Panama Canal. The move follows a ruling by the...
US Exports Boosted by Metals, Capital Goods, and Aircraft
The Bureau of Economic Analysis reports that in January, the U.S. goods and services trade deficit fell to $54.5 billion, down $18.4 billion from...
German Chancellor Seeks Stronger Economic Links with China
Arne Delfs of Bloomberg reports that German Chancellor Merz has arrived in Beijing with a large delegation of business leaders in an effort to...
Trump’s Bold Tariff Moves Spark Historic High Court Debate
The US Supreme Court issued a major decision on February 20, 2026, ruling that President Donald Trump exceeded his authority by imposing broad global...
December 2025 Sees Rising Imports Push US Trade Deficit to $70 Billion
In December 2025, the US goods and services trade deficit widened to $70.3 billion as imports rose and exports fell, driven by stronger goods imports...
US–Japan Partnership Brings Jobs and Energy Security to America
US Commerce Secretary Howard Lutnick announced approval of the first major projects under the US–Japan trade deal, marking what he called a “massive America First...
Trump Cuts India Tariffs After Modi Pledges No Russian Oil Purchases
President Donald Trump announced that the United States will reduce tariffs on Indian imports from 25 % to 18 % after discussions with Indian Prime Minister...
GMS Moves to Legally Scrap Shadow Fleet Vessels Tied to Venezuela
Dubai‑based ship recycling company Global Maritime Services (GMS) has applied for a US government license to buy and dismantle oil tankers seized by US...
U.S. Trade Deficit Hit $56.8 Billion in November
The Bureau of Economic Analysis reports that the US trade deficit increased to $56.8 billion in November, up from $29.2 billion in October, as...
Exports Rise and Imports Fall, Narrowing October Trade Gap
In October 2025, the U.S. goods and services trade deficit fell to $29.4 billion, down $18.8 billion from September, driven by a $19.2 billion...