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EU and U.S. Reach Agreement to Continue Suspension of Tariff...
The United States and the European Union have reached an agreement to extend the suspension of EU tariffs on American whiskey. The -50% levy will take effect early next year and the suspension will last until March 31, 2...
2023-12-21 -
South Korea to Add Nearly 700 Items to Export Ban on Russia,...
South Korea will tighten export controls on Russia and Belarus by significantly expanding the list of items subject to export restrictions, including excavators, batteries and large vehicles, in response to Moscow's incu...
2024-01-02 -
Switzerland Removes Import Tariffs on Industrial Products
The Swiss government said Tuesday that it has eliminated import tariffs on industrial products. The move is aimed at reducing costs for consumers and manufacturers.
2024-01-03 -
ASML Blocked from Shipping Equipment to China by Us, Netherl...
-The maker of key lithography systems said licenses to export some of its machines to China have been partially revoked, but no impact on profits is expected. -China's foreign ministry condemned the U.S.'s "hegemonic and...
2024-01-03 -
U.S. Beer Consumption Drops to Lowest Level in a Generation
Last year, beer consumption in the U.S. reached its lowest level in a generation as consumers shifted from traditional favorites to other forms of alcoholic beverages and, increasingly, avoided alcoholic beverages altoge...
2024-01-04 -
Russia's Lng Exports to Europe down 1.9% in 2023
Russia's liquefied natural gas (LNG) exports to Europe fell 1.9 percent to 15.8 million tons in 2023 and to Asia by 11 percent to 14.9 million tons, data released by the London Stock Exchange showed on Tuesday.
2024-01-05 -
U.S. Becomes Biggest LNG Exporter in 2023, Hits Record Highs
U.S. liquefied natural gas (LNG) exports hit a record monthly and annual high in December, tanker-tracking data showed, which analysts said would make the U.S. the largest LNG exporter in 2023, overtaking Qatar and Austr...
2024-01-05 -
U.S. Replaces China as Korea's Largest Export Market
South Korea's exports to the United States surpassed those to China last month for the first time in two decades, a sign of changing relations between the two countries amid tensions over global economic security and tec...
2024-01-08 -
China's Growing Exports of Advanced Machine Tools to Russia
Since the invasion of Ukraine, China has increased its exports of modern machine tools to Russia for the military industry. Currently, the majority of shipments of "computer numerical control" equipment used in Moscow's ...
2024-01-09 -
German Exports to the Us and China Are Collapsing
German exports to countries outside the EU fell sharply in December. The decline was particularly pronounced in the most important trading partners, the United States and China.
2024-01-23
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