Tag: International trade

Japan raises tariffs on US beef after hitting import limit

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TOKYO — Imported American beef in Japan has proved so popular it's topped the annual limits called “safeguards,” and the U.S. Meat Export Federation...

Port operator DP World sees 2020 profits drop 29% amid virus

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DUBAI, United Arab Emirates — Dubai-based port operator DP World announced Thursday its profits slid 29% in 2020 from the previous year to $846...

Czechs split over mandatory quota on local food in stores

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PRAGUE — The Czech Parliament's upper house on Thursday overwhelmingly rejected draft legislation to reduce dependency on imports by imposing a quota of locally-produced...

Garment workers in Myanmar fight for democracy, livelihoods

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NEW YORK — Tin Tin Wei used to toil 11 hours a day, six days week sewing jackets at a factory in Myanmar. But...

Kremlin: Putin’s offer of a call with Biden was to save ties

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MOSCOW — The Kremlin said Friday that President Vladimir Putin's offer to speak by phone with U.S. President Joe Biden was intended to prevent...

Senate confirms Katherine Tai as Biden’s top trade envoy

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WASHINGTON — The Senate confirmed Katherine Tai as the top U.S. trade envoy in an overwhelming bipartisan vote on Wednesday . She will be...

EU chief warns of action to protect pledged vaccine supplies

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BRUSSELS — The European Union’s chief executive warned Wednesday that the EU would not hesitate to take action, including possible export restrictions, to ensure...

Watchdog: Mideast arms imports grew by a quarter in a decade

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STOCKHOLM — Arms imports to the Middle East rose by a quarter in the decade to 2020 even though arms sales globally remained stable...

Korean battery firm offers Georgia plant as dispute lingers

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ATLANTA — With a giant battery factory in northeast Georgia hanging in the balance of a trade dispute, South Korean company LG Energy Solution...

UK GDP shrinks 2.9% amid COVID lockdown; Brexit cuts exports

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LONDON — The British economy shrank 2.9% in January as the nation was hit by a new round of coronavirus restrictions and Brexit slashed...