Trade Truce Extended as China Surges, US Still Imports

Tariffs, US, China, Trade

Home Transaction bank Prices will turn around? Commercial truce has extended while China increases, the United States still imports The fears concerning the American prices harming the Chinese economy were exaggerated. New customs on customs show that China has displayed a record surplus of 683.5 billion dollars on a basis of the year at the … Read more

The global trade war has just started

The global trade war has just started

When US President Donald Trump announced an unprecedented increase in tariffs against foes and allies on April 2nd, the so-called ‘Liberation Day,’ Goodfellow, a UK advanced materials and metals supplier, suffered a setback overnight. An initial review estimated that the cost base for its American sales rose by approximately 10 percent, a blow for a … Read more

Velong Chief Calculates Cost of New Trade Environment

Jacob Rothman, President and CEO of Velong Enterprises

Jacob Rothman, president and chief executive officer of Velong Enterprises, whose head office, was adapted to Shanghai, manufacturer of kitchen and exporter equipment, navigates pricing and commercial policies. Global finance: Can your business in China remain viable with 30% of American rates? Jacob Rothman: I think now there are problems that stimulate this, and they … Read more

Fake Goods Trade Reaches $467 Billion

Counterfeit goods accounted for an estimated $467 billion in global trade

The counterfeit goods represented around $ 467 billion in global trade in 2021, the last year with complete data available, indicates a joint study of the Organization for Economic Cooperation and Development (OECD) and the Office of Intellectual Property of the European Union (EUIPO), an EU agency based in Alicante, Spain. The authors of “Mapping … Read more