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The Office of the United States Trade Representative recently released delivered President Biden s 2021 Trade Agenda and the 2020 Annual Report to Congress, detailing a comprehensive. ....
05 Pic: Shutterstock The United States and the United Kingdom recently released a joint statement announcing a four-month suspension of tariffs related to the ongoing large civilian aircraft dispute. Both sides took the decision “to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the “The United Kingdom ceased applying retaliatory tariffs in the Boeing dispute from January 1, 2021, to de-escalate the issue and create space for a negotiated settlement to the Airbus and Boeing disputes,” said the statement. “The United States will now suspend retaliatory tariffs in the Airbus dispute from March 4, 2021, for four months. This will allow time to focus on negotiating a balanced settlement to the disputes, and begin seriously addressing the challenges posed by new entrants to the civil aviation market from non-market economies, such as China.” ....
05 Pic: ITM International Textile Machinery (ITM) Exhibition, which was planned to be held on June 22-26, 2021, has been postponed to June 14-18, 2022 considering the effects of the ongoing Covid-19 pandemic in the world. According to ITM, this postponement decision was taken after intense discussions and evaluations with their participants and sector representatives.
“We as ITM organisation team, our priority is to protect your valuable exhibitors and visitors’ investments and all rights, not our commercial earnings. In this regard, we believe that all of our participants will find this compulsory postponement decision taken for the ITM Exhibition justified and will understand,” ITM said in a press release. ....
China s economic output is forecast to account for more than 17 per cent of the world s economy last year. As the sole economy recording positive gross domestic growth (GDP). ....
US corporations of all sizes and types are reporting logistics struggles, especially on trans-Pacific trade routes. The issues can potentially disrupt inventories if they. ....