A revisit of trade components critical
Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of earning foreign exchange. Pakistan’s exports are consumer based and traditional – rice,…
Trade conundrum: who is at fault?
The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to negative 1.607 billion dollars, a positive trend that was touted by…
Trade beyond barriers
US-China relations have soured over the past few years mostly due to the accusatory tone adopted by successive US presidents. Previously it was Donald Trump and now Joe Biden has…
WTO seeks fish, vaccine deals as war ignites trade tensions
The World Trade Organization will host ministers from across the globe this month with the aim of striking deals on fish and vaccines, testing the world’s ability to set trade…
One virus, one stuck ship spark global trade rethink
A virus visible through only the most powerful microscopes and a huge container ship stuck in the Suez Canal visible from space highlight how fragile the “just-in-time” global trade system…
America’s trade wars
Tariffs were used as a tool in these trade wars to reduce the deficit, boost local manufacturing and encourage consumers to buy American products by making imported goods more expensive…
India’s Essar seeks loans from traders as banks fear Russian links
Indian refiner Essar Oil is looking to raise over $1 billion from trading houses after its new Russian owners could not raise loans from major Western banks due to sanctions…
China presses Europe for anti-US alliance on trade
China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a summit later this month but is facing resistance,…
Worsening trade row deepens Chill felt by Chinese dealmakers seeking to do US takeovers
The rapidly deteriorating trade and investment relationship between Washington and Beijing is sending a further chill through Chinese dealmakers who have already seen the number of Chinese acquisitions of American…
China seeks trade firewall with US allies in rush of ambassador meetings
China's international trade representative held a series of meetings with the ambassadors from major European nations last week to ask them to stand together with Beijing against the US protectionism,…
