Category: International Trade and World Market

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.
This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.

Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
U.S. Gas Producers Are Racing to Sell to Asia. And Mexico Is Key.

By next year, American natural gas will start flowing across Mexico to a major export terminal on the Pacific, reflecting a global energy landscape transformed by U.S. dominance in gas.
How China Built BYD, Its Tesla Killer

The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.
For First Time in Two Decades, U.S. Buys More From Mexico Than China

The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.
Top U.S. Treasury Officials to Visit Beijing for Economic Talks

A meeting of the new economic working group comes as the U.S. and China are trying to prevent any escalation of hostilities.
What Business Leaders Are Saying About the Red Sea Attacks

The Houthi attacks on commercial ships are driving up freight costs and adding delays to journeys, with some companies affected more than others.