Specialists in Annex 24 and Customs Traffic

News Grid

23 Feb

India’s Stance on Data Transfers at WTO Spooks Chip Giants

A global consortium of semiconductor industry groups has asked India to reconsider its plan to push for duties on cross-border digital e-commerce and data transfers at an upcoming global trade meeting, warning that India’s stance will stifle its own chip design industry.   Ministers from across the globe are convening for a World Trade Organization […]

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 […]

29 Jan

AUTOTRANSPORTE DE CARGA Y APORTACIÓN AL PIB

El autotransporte de carga aportó el 3.7% al PIB nacional en el año 2022.   Así lo detalló la Agenda Económica del Autotransporte de Carga, elaborada por la Cámara Nacional del Autotransporte de Carga (CANACAR).   El reporte destacó la posición estratégica del sector para las actividades económicas y el impacto que tiene en la productividad y competitividad nacional. […]

29 Jan

Teradyne Pulled $1 Billion Worth of Manufacturing From China Amid US Export Controls

 Teradyne, a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. export regulations led to supply chain disruptions.   A factory in Suzhou was the company’s main manufacturing site for its semiconductor test equipment, which it subcontracted to Flextronics.   […]

20 Jan

The European Commission will propose next week a law requiring all EU countries to scrutinise foreign investments to determine whether they pose a security risk, as part of the bloc’s efforts to boost its economic security, a document seen by Reuters showed. Since 2020 the EU has obliged EU countries that have national screening systems […]

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 […]

22 Dec

Argentina’s Milei Signs Decree to Boost Exports, Deregulation

 Argentine libertarian President Javier Milei on Wednesday signed a decree outlining economic reforms including an end to limits on exports plus measures to loosen regulations, as his new government combats a severe economic crisis. “This is only the first step,” Milei said in a televised address. “The objective is to return freedom and autonomy to […]

12 Dec

China Says It Will Step up Policy Adjustments to Spur Recovery in 2024

China will step up policy adjustments to support an economic recovery in 2024, state media said on Tuesday, following an agenda-setting meeting of the country’s top leaders. Investors are closely watching for clues on next year’s policy and reform agenda as Beijing has been struggling to spur a post-pandemic economic recovery amid a deepening housing […]