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U.S. Partners in Asia May Not Wait Around as Biden Prioritizes Domestic Issues
In recent years, Asia-Pacific countries have signed two mega trade agreements — the CPTPP and RCEP — that exclude the U.S.
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StanChart Says U.S.-China Ties May Improve in Two Years — But Don't Expect Trump Tactics to Go Away
Biden is focusing on domestic growth, but his administration knows it’s critical for global trade to thrive, says Eric Robertsen from Standard Chartered.
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Biden to Order Review of U.S. Reliance on Overseas Supply Chains for Semiconductors, Rare Earths
President Joe Biden will order a review of key U.S. supply chains, including those for semiconductors, high-capacity batteries and rare earth metals.
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Red Sox Trade for 2 Rays Prospects
Chaim Bloom reportedly is close to a trade with his former club that would net the Red Sox two prospects from the Rays’ system.
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‘Dramatic and Risky' — and a Shot at Dubai? Saudi Arabia Issues Bold Business Ultimatum to Pull Regional HQ Offices Into the Kingdom
What began as a pitch for investment to global firms has just become something much more aggressive.
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China Overtakes U.S. as Europe's Main Trading Partner for the First Time
China dethroned the U.S. last year to become Europe’s top trading partner for the first time, data from the European statistics office has shown.
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Dubai Logistics Giant DP World Will Deploy ‘All Facilities' to Ensure Global Vaccine Distribution, CEO Says
DP World has launched a vaccine logistics alliance with Emirates and Dubai Airports to speed up the distribution of Covid-19 vaccines around the world.
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She's Dealt With Hardship and Hostage Takers, and Now This African Woman Is Taking Charge of the WTO
Ngozi Okonjo-Iweala has been appointed the new chief of the World Trade Organization, becoming the first woman and African to ever lead the institution.
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Container Shipping Locked in a ‘Significant Bottleneck' as Demand Surges Back
Maersk, the world’s largest container shipping firm, marginally beat profit expectations Wednesday after an “exceptional while challenging quarter.”
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Mike Pompeo's Pricey Pens: Ex-Secretary of State Spent $10K in Taxpayer Funds on China-Made Swag for Dinners
Mike Pompeo’s Madison Dinners had elite guest lists and raised questions about whether he was using the soirees to cultivate his political ambitions.
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Red Sox Move on From Benintendi, But We're Left to Wonder What Could Have Been
Andrew Benintendi’s Red Sox career started with a bang, but after being traded to Kansas City Wednesday night, John Tomase wonders where the promise and potential got derailed.
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California Asks Federal Maritime Commission to Take Action on Agricultural Shipping Delays
One week after CNBC’s investigation into shipping carriers’ rejection of U.S. agricultural exports, California is calling on the FMC for immediate action.
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Germany Sees a New Tougher Line on China and Russia as Merkel Leaves the Political Stage
Merkel and what will be her last government are moving toward a tougher line and any new legislature in Germany will likely follow that path.
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Red Sox Land Reliever Ottavino in Trade With Yankees
The Red Sox reportedly turned to their AL East rival Monday to acquire veteran relief pitcher Adam Ottavino.
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Deshaun Watson to the Patriots? Why a Trade Seems Highly Unlikely
While Patriots fans dream of Deshaun Watson in Foxboro, Tom E. Curran explains why a New England trade for the Texans QB is all but impossible.
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It's a ‘Hard Sell' If Biden Administration Wants to Rejoin Massive Trans-Pacific Trade Deal, Says Analyst
The era of trade liberalization is over, and it will be difficult for the incoming Biden administration to re-join the Trans-Pacific Partnership, according to Control Risks.
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End of Qatar Blockade Is ‘a Win for the Region,' Saudi Foreign Minister Says
The Al-Ula declaration resolves all of the outstanding issues that Qatar and other Arab nations had, said Faisal bin Farhan al-Saud, Saudi’s foreign minister.
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Exporters Face ‘Real Test' Now as Post-Brexit Arrangements Kick in
U.K.-based exporters are facing extra bureaucracy and costs in 2021 as they experience the new post-Brexit trading arrangements.
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President Trump Vetoes California Fishing Bill Over Seafood Trade Deficit
President Donald Trump vetoed a bill Friday that would have gradually ended the use of large-mesh drift gillnets deployed exclusively in federal waters off the coast of California, saying such legislation would increase reliance on imported seafood and worsen a multibillion-dollar seafood trade deficit.
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UK Lawmakers Approve Brexit Trade Deal
The House of Commons, as expected, voted in favor of the agreement, and the country will emerge from its Brexit transition period with the EU late Thursday.