Specialists in Annex 24 and Customs Traffic

Category: News

16 Feb

US Import Prices Post Largest Gain in Nearly Two Years in January

U.S. import prices increased by the most in nearly two years in January amid rising costs for petroleum and other goods, a trend that if sustained, would be bad news in the fight against inflation.   Import prices jumped 0.8% last month, the largest gain since March 2022, after a revised 0.7% decline in December, […]

05 Feb

New Northern Ireland Government Calls for More Money From London

Northern Ireland’s new power-sharing executive called on Britain on Monday to boost its offer to ease the region’s strained budget beyond the 3.3 billion pounds ($4.2 billion) included in a deal to restore the devolved administration.   Prime Minister Rishi Sunak met political leaders in Belfast on Monday after convincing the pro-British Democratic Unionist Party […]

11 Jan

China Raises Concerns With US Over Chip-Making Export Controls, Sanctions

China’s Commerce Minister Wang Wentao expressed concern over U.S. curbs preventing third countries from exporting lithography machines to China during a phone call with U.S. Commerce Secretary Gina Raimondo on Thursday, his ministry said.   Washington has used export controls to cut off China’s access to advanced chips and chip-making tools that could fuel breakthroughs […]

02 Jan

US to Reopen Border Crossings as Illegal Immigration Drops

The U.S. will reopen four legal U.S.-Mexico border crossings on Thursday as high levels of illegal immigration have receded and freed up personnel, U.S. border authorities said on Tuesday.   The U.S. will resume operations at an international bridge in Eagle Pass, Texas, two crossings in Arizona and another near San Diego, California, U.S. Customs […]

23 Oct

Argentina, Brazil Seek 12.5 Billion Euro Financial Aid in EU-Mercosur Talks

Argentina and Brazil are requesting 12.5 billion euros ($13.2 billion) in financial aid from the European Union in talks to conclude a trade agreement with South America’s Mercosur bloc, according to a document seen by Reuters.   Three EU and South American diplomats confirmed the Argentine request, which is backed by Brazil, in the rotating […]

15 Oct

US to Attend Beijing Defense Forum in Latest Sign of Improving Ties

The U.S. says it has accepted an invitation to attend China’s top annual security forum in late October, the latest sign of potentially warming ties between the two countries’ militaries.   Washington has been eager to revive military-to-military communications with China, its main strategic rival, and three sources familiar with the matter said Beijing had […]

16 Sep

Euro Zone Swings to Trade Surplus Y/y in July

The euro zone swung to an unadjusted 6.5 billion euro trade surplus in July from a 36.3 billion euro deficit a year earlier as costs of energy imports plunged and exports of manufactured goods surged, data showed on Friday.   The European Union’s statistics office Eurostat said the unadjusted trade balance in the January-July period […]

10 Sep

Australian PM Keen to Ink EU Free Trade Agreement ‘As Soon as Possible’

Australian Prime Minister Anthony Albanese said on Saturday that prospects of inking a free trade agreement with the European Union were better this year than in 2024, after talks stalled in July.     Discussions between Australia and the 450-million-person bloc hit a roadblock mid-year, partly over greater market access for Australian farm products like […]

31 Aug

Australia, EU to Resume Talks on Free Trade Deal on Thursday

Australia and the European Union will resume free trade talks on Thursday with a teleconference between Australia’s Trade Minister Don Farrell and EU Commissioner for Trade Valdis Dombrovskis, a month after the two sides failed to reach a deal.   Differences over access for Australian agricultural products, particularly beef, to EU markets saw Australia walk […]