Category: International Trade and World Market

France Will Cut Spending as It Sees a Weaker Economy Ahead

War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
U.S. Campaign to Isolate Russia Shows Limits After 2 Years of War

Many nations insist on not taking sides in the war in Ukraine, while China, India and Brazil are filling Russia’s coffers.
New Freighters Could Ease Red Sea Cargo Disruptions

Analysts and shipping executives say the expect costs to fall later this year as companies receive vessels they ordered two to three years ago.
Woman Sues Tomato Company, Saying Those Weren’t San Marzanos in the Can

A federal judge said the lawsuit, in which a California woman accused Simpson Imports of using “highly misleading” packaging, could proceed. The company says its labels do not call the product “San Marzano.”
Volkswagen Sees Electric Vehicles as a Way to Grow in the U.S.

It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
Volkswagen Sees Electric Vehicles as a Way to Grow in the U.S.

It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
Meet the Diplomat Who Shaped Biden’s Global Economic Policy

Mike Pyle, who will leave the administration later this month, helped broker agreement with Europe and other allies over clean energy, China and Russian sanctions.
Wall Street Is Already Placing Bets on the Biden-Trump Rematch

Traders and strategists are thinking about all the ways that November’s election could alter the mood in markets.
Volkswagen and BASF Are Reconsidering Ties to Xinjiang, China

Volkswagen and BASF, two German giants, are reassessing their activities in the region, where the Chinese government has cracked down on Muslim minorities.
Britain Confronts Fears of a (Gasp!) Tea Shortage

Shipping issues in the Red Sea have led to delays in tea deliveries, but British retailers assured consumers that any shortages would be a “blip.”
Shell Sees Demand Surging for Liquefied Natural Gas

Asia will be the dominant consumer, while the U.S. will be the key supplier. In Europe, where L.N.G. has been a lifeline, the need will continue despite environmental concerns.
Traveling With Watches Can Be Tricky. Just Ask Arnold Schwarzenegger.

Customs regulations vary, and experts say that the right paperwork can make all the difference.