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 […]
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 […]
De acuerdo con la Estadística Mensual del Programa de la Industria Manufacturera, Maquiladora y de Servicios de Exportación (IMMEX) que publica INEGI, en los primeros siete meses del año se registraron en Baja California 35 nuevos establecimientos con el programa de fomento, obteniendo el primer lugar entre los estados del país, con lo que la […]
Mexico’s main auto industry association on Friday urged Mexican authorities to step up efforts to work with the United States to deal with a “migration crisis” on the countries’ shared border because of problems it is causing for trade. Added security checks by Texan authorities in response to a recent surge in border crossings […]
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 […]
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 […]
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 […]
India is free to join the Regional Comprehensive Economic Partnership (RCEP), China’s Vice Commerce Minister Wang Shouwen said on Friday in New Delhi, adding that it would boost trade between India and China which is growing “very fast”. The RCEP is the world’s largest trade bloc backed by China and groups 15 Asia-Pacific economies, […]
U.S. import prices rebounded more than expected in July amid higher costs for petroleum products and food, but underlying imported inflation pressures remained muted. Import prices increased 0.4% last month, the Labor Department said on Tuesday. Data for June was revised to show prices falling 0.1% instead of the previously reported 0.2%. Economists polled […]
Bolivia’s government is determined to curb dependence on the U.S. dollar for foreign trade, instead turning to the Chinese yuan, officials said, as Latin American support for alternative currencies grows. Economy Minister Marcelo Montenegro said the Andean country was following “a pattern at the level of international trade, that is generating a progressive […]