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The Future of EU-China Trade

UncategorizedDecember 21, 20232KViews 0Likes 0Comments

As European Union leaders gathered in Beijing Thursday, one of their demands for China was a more equal trading relationship. “China is the EU’s most important trading partner,” said EU Commission President Ursula von der Leyen. “But there are clear imbalances and differences that we must address.” Europe’s weak consumer economy is doing its part…

Trade Data Monitor’s Top 10 Trade Trends Going Into 2024

UncategorizedDecember 20, 20234KViews 2Likes 0Comments

It’s not an easy time for global trade--the roughly $25 trillion piece of the $105 trillion world economy. Protectionism is roaring in the U.S. and Europe, causing geopolitical tension with China. Inflation across most of the world has shrunk consumers’ wallets and imports, while deflation in China is also scaring businesses. Asian supply chains are…

TDM Data Used to Scrutinize Impact of Steel and Aluminum Tariffs

UncategorizedNovember 15, 20232KViews 0Likes 0Comments

Trade scholars in a recent paper used Trade Data Monitor data on steel and aluminum trade to gauge the impact of 2018-2019 protectionist measures on U.S. and European Union imports. The paper by Simon Evenett and Fernando Martin, published by the Center for European Policy Research, found that because the U.S. and European Union…

Amid Play for U.S. Steel, Buyers Face Supply Crisis, Trade Data Shows

UncategorizedAugust 16, 20232KViews 0Likes 0Comments

The ongoing corporate jousting for U.S. Steel has created another round of uncertainty for American industry. The fate of the venerable 122-year-old firm remains uncertain, but buyers of steel face a supply chain crisis, trade data suggests. The U.S. has fallen to fourth in the world in steelmaking, at around 86 million tons, behind China…

South America Commodities Bumped by Global Slowdown

UncategorizedNovember 17, 20222KViews 0Likes 0Comments

As the global economy slows, it's denting global trade and hurting economies in farflung places. The World Trade Organization now expects global trade to grow at 1% next year instead of 3.4%. One of the regions most impacted will be South America, where trade will increase only 0.3% in 2023, according to the WTO. South…