The South American country has natural gas that could be extracted and exported quickly, but U.S. sanctions, which are now being eased, have stymied development.
Category: International Trade and World Market
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Crises Everywhere, but the Markets Don’t Seem to Mind
The New York Times – Business:Stocks have prospered while the world has plunged into disorder, an economist says. “Keep calm and carry on” may be the best investors can do.
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Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
The New York Times – Business:Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
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India’s Prime Minister Faces Blowback Over Trade Deal With Trump to Lower Tariffs
The New York Times – Business:Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but critics say he undermined Indian sovereignty and undercut the nation’s farmers.
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In a Bid to Kick-Start Growth, Britain Turns to China
Buffeted by tariffs and trade tensions, Prime Minister Keir Starmer took British business leaders to China and emerged with deals on visas and Scotch whisky, as well as pledges to deepen ties.
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U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility
The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
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U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility
The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
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Trump’s Trade Policies Sort Manufacturers Into Winners and Losers
Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make finished goods.
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A Rug Maker Withstood One Year of Trump’s Tariffs. New Challenges Loom.
Loloi stockpiled rugs from India, Turkey and other countries in advance, but inventory is running low.
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U.K.’s Starmer Meets Xi Jinping in Beijing as Ties Warm
Prime Minister Keir Starmer of Britain met with President Xi Jinping of China as he sought to promote business ties with the world’s second-largest economy.
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G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.