Tag #Global Trade

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euronews.com

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Dec 31, 16:09

\"Cocoa and Coffee Prices Soar Amidst Record Shortages\"\

\"Global cocoa and coffee prices have skyrocketed due to severe shortages caused by poor weather and crop diseases in major producing countries, resulting in the lowest global cocoa stocks in over a decade and all-time high coffee prices.\

\"Cocoa and Coffee Prices Soar Amidst Record Shortages\"\

\"Global cocoa and coffee prices have skyrocketed due to severe shortages caused by poor weather and crop diseases in major producing countries, resulting in the lowest global cocoa stocks in over a decade and all-time high coffee prices.\

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Zero Hunger

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\"How did specific weather events and other challenges impact cocoa and coffee harvests in key producing regions?\

\"Poor weather in major cocoa (Ivory Coast, Ghana) and coffee (Vietnam, Brazil) producing countries caused significant harvest shortfalls. Simultaneously, rising coffee consumption, particularly in China, increased demand and strained supply chains, further driving price hikes.\

dw.com

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Dec 30, 10:07

Trump's Rejection of WTO Threatens Global Trade Order

Donald Trump's rejection of multilateral trade institutions like the WTO, prioritizing bilateral deals favoring US interests, contrasts sharply with the EU's model of rules-based cooperation, potentially leading to a WTO collapse that would disproportionately harm smaller nations and cause significa...

Trump's Rejection of WTO Threatens Global Trade Order

Donald Trump's rejection of multilateral trade institutions like the WTO, prioritizing bilateral deals favoring US interests, contrasts sharply with the EU's model of rules-based cooperation, potentially leading to a WTO collapse that would disproportionately harm smaller nations and cause significa...

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Reduced Inequality

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What are the immediate consequences of Donald Trump's rejection of multilateral trade institutions like the WTO, and how does it impact smaller nations?

Donald Trump's rejection of multilateral institutions like the WTO, prioritizing bilateral deals that favor US interests, contrasts sharply with the European Union's model of rules-based cooperation. This difference in approach has significant implications for the global trading system and smaller nations.

europe.chinadaily.com.cn

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Dec 29, 01:06

China to Reduce Import Tariffs on 935 Goods in 2025

China announced it will reduce import tariffs on 935 goods starting January 1, 2025, including raw materials for the petrochemical industry and medical supplies, to boost domestic demand, advance high-standard opening up, and improve healthcare access, while raising tariffs on some goods like batter...

China to Reduce Import Tariffs on 935 Goods in 2025

China announced it will reduce import tariffs on 935 goods starting January 1, 2025, including raw materials for the petrochemical industry and medical supplies, to boost domestic demand, advance high-standard opening up, and improve healthcare access, while raising tariffs on some goods like batter...

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No Poverty

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What are the immediate economic and societal impacts of China's planned tariff reductions on various goods in 2025?

China will reduce import tariffs on 935 commodities starting January 1, 2025, aiming to boost domestic demand and high-standard opening up. This includes reductions on raw materials crucial for the petrochemical industry, such as ethane and certain polymers, impacting production costs and technological innovation. Lower tariffs will also apply to medical supplies, improving healthcare access.

theglobeandmail.com

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Dec 27, 01:08

Brazilian Real Hits Record Low Amidst BRICS Uncertainty

The Brazilian real plummeted to an all-time low against the US dollar (0.14827 or 6.7445) this week, despite the central bank's efforts to stabilize it by raising interest rates and spending $8 billion on real purchases; this event may affect US grain markets and invites speculation about China's in...

Brazilian Real Hits Record Low Amidst BRICS Uncertainty

The Brazilian real plummeted to an all-time low against the US dollar (0.14827 or 6.7445) this week, despite the central bank's efforts to stabilize it by raising interest rates and spending $8 billion on real purchases; this event may affect US grain markets and invites speculation about China's in...

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Decent Work and Economic Growth

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How does Brazil's role within the BRICS alliance, specifically its relationship with China, influence the current currency crisis?

This situation is particularly interesting given Brazil's role in the BRICS alliance. The weakening real, coupled with China's significant investments in Brazil, raises questions about potential Chinese influence on the currency's value, though direct evidence is lacking. The impact on Brazilian grain producers mirrors past Argentinan experiences where crops become a de facto currency during crises.

europe.chinadaily.com.cn

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Dec 26, 04:05

Trump's Tariffs Threaten US Economy, Port of Los Angeles

President-elect Trump's proposed tariffs on Chinese goods are causing concern among business leaders and trade experts due to potential negative impacts on the US economy, particularly affecting the Port of Los Angeles, which handles \$400 billion in goods annually and supports nearly 3.1 million jo...

Trump's Tariffs Threaten US Economy, Port of Los Angeles

President-elect Trump's proposed tariffs on Chinese goods are causing concern among business leaders and trade experts due to potential negative impacts on the US economy, particularly affecting the Port of Los Angeles, which handles \$400 billion in goods annually and supports nearly 3.1 million jo...

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Decent Work and Economic Growth

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What are the potential long-term implications of these tariffs on the global economy and the competitiveness of US exporters?

The long-term consequences of these tariffs could significantly reshape global supply chains, forcing companies to find expensive alternatives to comply with US regulations and potentially hindering US global competitiveness due to more expensive exports. The uncertainty surrounding future tariff implementations creates instability, discouraging investment and potentially leading to job losses across various sectors, impacting not just manufacturing but also consumer spending and broader economic growth.

usa.chinadaily.com.cn

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Dec 26, 07:06

Nansha Port Reaches 20 Million TEUs, Elevating Guangzhou's Global Shipping Hub Status

Nansha Port in Guangzhou, China, reached a record 20 million TEUs in container throughput this year, driven by strong industry partnerships, extensive global routes, and advanced infrastructure including a fully automated terminal; this significantly elevates Guangzhou's status as a global shipping ...

Nansha Port Reaches 20 Million TEUs, Elevating Guangzhou's Global Shipping Hub Status

Nansha Port in Guangzhou, China, reached a record 20 million TEUs in container throughput this year, driven by strong industry partnerships, extensive global routes, and advanced infrastructure including a fully automated terminal; this significantly elevates Guangzhou's status as a global shipping ...

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Decent Work and Economic Growth

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How has the development of Nansha Port, particularly its infrastructure and connectivity, contributed to its success and economic impact?

The success of Nansha Port is linked to its strategic location, advanced infrastructure (including a fully automated terminal), and extensive network of liner routes, encompassing major global trade initiatives like the Belt and Road Initiative and RCEP. The port's handling of over 10 million foreign trade containers highlights its growing global significance. The example of Homa Appliances, whose exports via Nansha increased 110-fold since 2006, illustrates the port's impact on businesses.

forbes.com

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Dec 31, 22:08

China's Economic Rise and the Perils of Protectionism

China's meat consumption surged sixfold from 1976 to 2014, reflecting its economic rise and increased global market competition, while protectionist measures against Chinese advancements are economically detrimental.

China's Economic Rise and the Perils of Protectionism

China's meat consumption surged sixfold from 1976 to 2014, reflecting its economic rise and increased global market competition, while protectionist measures against Chinese advancements are economically detrimental.

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Zero Hunger

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What is the most significant economic consequence of the dramatic increase in Chinese meat consumption since 1976?

From 1976 to 2014, Chinese meat consumption increased sixfold, signifying a dramatic shift from widespread starvation to food security. This signals a massive rise in Chinese production and its growing competition in the global market.

bbc.com

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Dec 30, 16:14

Illegal Succulent Trade Devastates South African Communities

Organized crime is exploiting the global demand for rare succulent plants from South Africa's Succulent Karoo desert, leading to environmental damage, social disruption, and the potential extinction of several plant species; law enforcement seized 1.6 million illegally harvested succulents between 2...

Illegal Succulent Trade Devastates South African Communities

Organized crime is exploiting the global demand for rare succulent plants from South Africa's Succulent Karoo desert, leading to environmental damage, social disruption, and the potential extinction of several plant species; law enforcement seized 1.6 million illegally harvested succulents between 2...

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Life on Land

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How does the illegal succulent trade impact local communities in South Africa?

The illegal succulent trade in South Africa is fueled by international demand, particularly from Europe and the US, where these rare plants are highly sought after. The trade exploits local communities, who are often impoverished and lack alternative income sources, leading to environmental damage and social disruption.

french.china.org.cn

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Dec 28, 19:09

China to Slash Import Tariffs on 935 Products in 2024

China will reduce import tariffs on 935 products in 2024, including raw materials for petrochemicals and pharmaceuticals, aiming to boost domestic demand and high-level opening, reflecting a commitment to global trade despite geopolitical challenges.

China to Slash Import Tariffs on 935 Products in 2024

China will reduce import tariffs on 935 products in 2024, including raw materials for petrochemicals and pharmaceuticals, aiming to boost domestic demand and high-level opening, reflecting a commitment to global trade despite geopolitical challenges.

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Decent Work and Economic Growth

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What is the primary economic goal of China's planned import tariff reduction, and what are its immediate effects?

China will lower import tariffs on 935 products in 2024, impacting various sectors including petrochemicals, pharmaceuticals, and automobiles. This move aims to boost domestic demand and enhance high-level opening.

kathimerini.gr

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Dec 27, 01:08

EU-Mercosur Trade Deal Underscores Global Shift Away From US-Centric Trade

Faced with Donald Trump's protectionist trade policies, the EU finalized a major trade deal with the Mercosur bloc in South America, reducing tariffs on cars, machinery, and pharmaceuticals, potentially undermining US exporters and highlighting a broader global shift in trade partnerships.

EU-Mercosur Trade Deal Underscores Global Shift Away From US-Centric Trade

Faced with Donald Trump's protectionist trade policies, the EU finalized a major trade deal with the Mercosur bloc in South America, reducing tariffs on cars, machinery, and pharmaceuticals, potentially undermining US exporters and highlighting a broader global shift in trade partnerships.

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Decent Work and Economic Growth

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How is the recent EU-Mercosur trade deal a direct response to Donald Trump's trade policies and what are the immediate implications for US exporters?

The recent EU-Mercosur trade agreement, finalized despite US trade tensions, underscores a global shift in commercial alliances. This deal, potentially the largest in EU history, reduces tariffs on various goods between the two blocs, potentially diminishing US export competitiveness.

europe.chinadaily.com.cn

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Dec 26, 07:06

Nansha Port Reaches 20 Million TEUs, Elevating Guangzhou's Shipping Hub Status

Nansha Port in Guangzhou, China, achieved a record 20 million TEUs in container throughput this year, significantly boosting Guangzhou's international shipping hub status and facilitating national and regional economic development; foreign trade containers surpassed 10 million TEUs, and the port boa...

Nansha Port Reaches 20 Million TEUs, Elevating Guangzhou's Shipping Hub Status

Nansha Port in Guangzhou, China, achieved a record 20 million TEUs in container throughput this year, significantly boosting Guangzhou's international shipping hub status and facilitating national and regional economic development; foreign trade containers surpassed 10 million TEUs, and the port boa...

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How has the infrastructure development and route network of Nansha Port contributed to its success?

Nansha Port's growth is driven by strategic infrastructure development, including the completion of a fully automated terminal and ongoing construction of additional facilities. The port's connectivity is also crucial; it boasts 200 container liner routes, many of which serve Belt and Road Initiative countries and Regional Comprehensive Economic Partnership members. This extensive network facilitates significant foreign trade, with over 10 million TEUs from foreign trade alone.

forbes.com

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Dec 26, 19:10

E-Mart and Alibaba Form Joint Venture to Expand Global Sales

South Korean discount chain E-Mart and Chinese e-commerce giant Alibaba will form a joint venture, Grand Opus Holding, launching in 2025 to expand global sales channels for South Korean sellers, leveraging E-Mart's distribution and Alibaba's e-commerce expertise; E-Mart's stock rose 5.45% on the new...

E-Mart and Alibaba Form Joint Venture to Expand Global Sales

South Korean discount chain E-Mart and Chinese e-commerce giant Alibaba will form a joint venture, Grand Opus Holding, launching in 2025 to expand global sales channels for South Korean sellers, leveraging E-Mart's distribution and Alibaba's e-commerce expertise; E-Mart's stock rose 5.45% on the new...

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Decent Work and Economic Growth

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What are the immediate implications of the E-Mart-Alibaba joint venture for South Korean businesses and the global e-commerce landscape?

E-Mart, a South Korean discount chain, and Alibaba, a Chinese e-commerce giant, will establish a joint venture called Grand Opus Holding in 2025. This venture aims to expand sales channels for South Korean sellers globally, leveraging E-Mart's distribution expertise and Alibaba's e-commerce capabilities. E-Mart's stock price surged by 5.45% following the announcement, increasing its market capitalization to $1.4 billion.

Showing 1,477 to 1,488 of 1,560 results