Sweet-Toothed Indonesia to Cut Dependence on Sugar Imports
Indonesia, the world’s biggest buyer of sugar, is striving to cut imports by boosting domestic production at a time when rising affluence is increasing demand for sugary food and drinks….
China’s Brilliant, Insidious Strategy
Arrogant Westerners assume that Chinese investors, owners of American real estate, and legions of students will be eventually overwhelmed by American popular culture, liberality, affluence, and freedom, and that they…
Trump reimposes tariffs on raw Canadian aluminum, Canada promises retaliation
Michael Bless, chief executive of Century Aluminum, one of the few remaining U.S. primary aluminum smelting companies and which lobbied for the tariffs, said the move “helps to secure continued…
China Accelerates U.S. Corn Buying With Record Purchase
China took another step toward meeting agricultural commitments made in the phase one trade agreement with the U.S. with its biggest-ever purchase of American corn. The U.S. Department of Agriculture…
China Has Amassed $1 Billion Glut of U.S. Cotton It Doesn’t Need
China has bought more than $1 billion worth of American cotton in the past three months. And it doesn’t even need it. The purchases — made as part of the…
U.S. levies anti-dumping duties of 52 pct on S. Korean PET sheets
The United States has decided to slap anti-dumping tariffs of up to 52 percent on South Korean polyethylene terephthalate (PET) sheets amid Washington’s growing protectionism, a local trade promotion agency…
China’s Wheat Imports Surge to Seven-Year High Amid Food Concern
China, the top producer of wheat, has been under pressure to fulfill annual grain import quotas, which include corn and rice, under WTO commitments. The country lost a dispute last…
Defying Dire Predictions, China Is the Bubble That Never Pops
To read the history of China analysis in the last 30 years is to be bombarded with predictions of imminent demise. Skeptics said, just poke beneath the surface, and the…
EU Open to Prolonged Digital Tax Talks to Avoid Trade War
The European Union may delay digital tax proposals to give countries move time to hammer out a deal and avert a transatlantic trade war, a top official from the bloc…
U.S. Targets Soap But Not Wine in Counter to French Digital Tax
The U.S. announced 25% tariffs on a series of French goods worth about $1.3 billion, in a long-running battle between the two countries over taxes on technology giants. “We call…