Trade

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Trade
China Accuses Washington of Abusing Export Controls
The Communist Party has invested billions of dollars to develop its own chip industry, but its vendors still need foreign manufacturing equipment, raw materials and other technology.
Featured
Usw
Trade
Cleveland-Cliffs, United Steelworkers File Trade Cases on Unfairly Traded Tin Mill Products
They filed antidumping and countervailing duty petitions against eight countries.
January 18, 2023
A worker collects parts at SMC, a Japanese pneumatic engineering company factory in Beijing on Jan. 10, 2023. China's trade surplus swelled to a record $877.6 billion in 2022 as exports rose 7% despite weakening U.S. and European demand and anti-virus controls that temporarily shut down Shanghai and other industrial centers.
Trade
China's Trade Surplus Swells to $877.6B as Exports Grow
Despite weakening U.S. and European demand.
January 13, 2023
U.S. President Joe Biden, right, and Chinese President Xi Jinping shake hands before a meeting on the sidelines of the G20 summit meeting, on Nov. 14, 2022, in Bali, Indonesia
Laws & Regulations
U.S. Blacklists 36 More Chinese Companies
Some major aviation suppliers were included.
December 16, 2022
Vice President Kamala Harris, center, accompanied by from left, U.S. Ambassador to Mexico Ken Salazar, Homeland Security Secretary Alejandro Mayorkas, Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, and U.S. Trade Representative Katherine Tai, speaks at a U.S.-Mexico High Level Economic Dialogue meeting in the Indian Treaty Room in the Eisenhower Executive Office Building on the White House Campus in Washington, Thursday, Sept. 9, 2021.
Trade
Mexico Tells U.S. It Wants to Keep Talking on Trade Disputes
The U.S. says Mexico is unfairly favoring its state-owned electricity and oil companies over American competitors and clean-energy suppliers.
December 2, 2022
I Stock 636171772
Automotive
E.U., U.S. Set Up Task Force to Resolve EV Feud
They hope to resolve a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break WTO rules.
October 26, 2022
Top Headlines
Ministerial Conference at the headquarters of the World Trade Organization in Geneva, Switzerland, June 12, 2022.
WTO Rules Against Trump's Steel and Aluminum Tariffs
December 12, 2022
Ep22tn New
Security Breach: "Everyone's Got a Plan, Until They Get Punched in the Face"
October 28, 2022
A logo of SK Hynix is seen at Korea Electronics Show in Seoul, South Korea, on Oct. 8, 2019.
South Korean Chipmaker Worries About China Future
October 26, 2022
The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, Feb. 2, 2022, in Zhangjiakou, China. The Commerce Department is tightening export controls to limit China’s ability to get advanced computing chips, develop and maintain supercomputers, and make advanced semiconductors.
China Blasts Latest U.S. Export Controls on Chips
October 10, 2022
Latest
Industrial Media Unboxing Video
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Industrial Media Unboxing Video
IEN Unboxed is a new show in which our editors unbox new tools on the market and discuss their features.
January 31, 2023
China announced sanctions on Friday, Sept. 16, 2022, against the CEOs of American defense contractors Raytheon and Boeing Defense over a major U.S. arms sale to rival Taiwan.
Trade
China Sanctions Raytheon, Boeing Defense CEOs Over Taiwan
The U.S. announced a $1.09 billion arms sale to Taiwan last week.
September 16, 2022
European Commission President Ursula von der Leyen gather with EU commissioners prof to a meeting at the European Parliament in Strasbourg, eastern France, Tuesday, Sept. 13, 2022.
Trade
EU Moves to Ban Products Made with Forced Labor
It's an effort to crack down on a modern-day form of slavery.
September 14, 2022
Shipping containers at the Port of Baltimore, Aug. 12, 2022.
Trade
Six Months into War, Russian Goods Still Flowing to U.S.
Thousands of shipments of metals, rubber, wood and other goods have arrived since February.
August 26, 2022
A new tax credit for U.S. buyers of qualifying electric vehicles made in North America has ignited the specter of a trade war as a domestic imperative of the Biden administration and Democrats collides with the complex realities of globalization.
Trade
New Electric Vehicle Tax Credits Raise Talk of Trade War
Manufacturers in Europe and South Korea have threatened to lodge legal complaints with the WTO.
August 24, 2022
The European Union expressed concern Thursday, Aug. 11, 2022 that a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles would discriminate against European producers and break World Trade Organization rules.
Automotive
U.S. Electric Vehicle Tax Credit Could Break WTO Rules
The EU said it discriminated against foreign producers.
August 11, 2022
Semiconductors
Trade
China Criticizes U.S. Chip Law as Threat to Trade
The law promises $52 billion in grants and other aid to investors in U.S. chip factories.
August 10, 2022
Imts
Home
Preview Days Videos Help Attendees Pre-Plan IMTS 2022 Agenda
Video series helps attendees prepare for this year's show.
August 2, 2022
U.S. Treasury Secretary Janet Yellen speaks during a news conference in Nusa Dua, Bali, Indonesia on Thursday, July 14, 2022. Yellen and other top financial officials of the Group of 20 rich and industrial nations are gathering in the Indonesian island of Bali for meetings that begin Friday.
Trade
Treasury Secretary Calls Out China Trade Practices
The country uses its market positions to unfair advantage.
July 18, 2022
Cars and trucks for export are parked at a port in Yantai in eastern China's Shandong Province, Tuesday, Jan. 4, 2022. China’s monthly trade surplus soared to a record $97.9 billion in June as export growth accelerated following the easing of anti-virus controls that temporarily shut down Shanghai and disrupted trade.
Economics
China Trade Surplus Surges to Record
In a sign of Chinese economic weakness, imports rose just 1%.
July 13, 2022
Reshoring
Supply Chain
Reshoring as a Supply Chain Strategy: The Pros and Cons
Replacing foreign suppliers with domestic partners has advantages, but reshoring doesn’t guarantee better supply chain resiliency and agility.
June 22, 2022
Truckers block the entrance into the Santa Teresa Port of Entry in Ciudad Juarez going into New Mexico on April 12, 2022. The truckers blocked the port as a protest to the prolonged processing times implemented by Gov. Abbott which they say have increased from 2-3 hours up to 14 hours in the last few days.
Trade
Texas Keeping Most Truck Inspections Despite Border Gridlock
Trade groups and experts warn U.S. shoppers could soon notice shortages on shelves and higher prices.
April 14, 2022
Backlogs
Trade
Frustration Grows Over Truck Backlogs at Texas-Mexico Border
Orders by Texas' governor require extra inspections of commercial trucks.
April 13, 2022
Abott
Safety
FDA Details Problems at Abbott Plant Behind Recalled Baby Formula
The agency said Abbott failed to maintain sanitary procedures at the Michigan factory recently linked to a cluster of infant illnesses and two deaths.
March 23, 2022
In this May 9, 2019 photo, steel rods produced at the Gerdau Ameristeel mill in St. Paul, MN, await shipment.
Trade
U.S. to Lift Taxes on UK Steel, Aluminum
The British agreed to lift retaliatory tariffs on U.S. exports, including whiskey.
March 23, 2022