imports

Filipinos visiting the United Arab Emirates (UAE) are packing their suitcases with an unusual souvenir: onions. Filipino cooking uses a lot of onions, and inflation is making them unaffordable back home, but the UAE sells them for a fraction of the price.

The nation’s trade deficit widened 5.4 percent in October to a four-month high of $78.2 billion, data from the Commerce Department showed Tuesday. 

Chinese customs data for October released on Monday revealed a surprisingly steep drop in both imports and exports, the latter contracting for the first time since the early days of the Wuhan coronavirus pandemic in 2020.

China’s state-run Global Times on Thursday bemoaned the collapse of demand from Western countries for “festive products for coming Halloween,” while taking some solace in brisk orders for “Christmas consumption.”

A strong dollar and weakening demand for imports sent the trade deficit tumbling in July.

China’s state-run Global Times on Monday reversed a good deal of spin from Beijing by admitting that U.S. demand for Chinese goods is falling sharply enough to damage the Chinese economy. 

Recent OPEC oil production numbers show the cartel’s members are missing their production targets, jeopardizing President Joe Biden’s upcoming visit to Saudi Arabia to request more oil imports.

The state-run Coal India will soon import coal for use in public utilities to offset the effects of a nationwide power shortage in April, Reuters reported on Saturday citing a letter by India’s federal power ministry issued that same day. “Coal

The U.S. trade deficit rose an astonishing 22 percent in March to $109.8 billion.

Germany saw the price of imported energy more than double in February of last year, primarily as a result of the rising cost of Russian gas.

The world may be careering towards global famine as food insecurity spirals as Russia blocks grain exports from Ukraine.

Imports rose while exports fell, pushing the trade deficit up to $89.7 billion at the start of the year.

China came up about $6 billion short of the $40 billion in U.S. agricultural products it agreed to purchase in the two-year trade deal it signed in January 2020 – but suddenly began making up a bit of that deficit after the Russian invasion of Ukraine, as Chinese buyers scrambled to cover potential shortfalls of Ukrainian corn.

White House press secretary Jen Psaki reacted to calls for the United States to stop importing oil from Russia in order to further punish Putin for escalating his invasion of Ukraine.

China lifted all wheat import restrictions on Russia Thursday, the same day the U.S. and the U.K. announced the imposition of financial sanctions on Moscow in response to its invasion of Ukraine this week.

And they wonder why the ports are clogged.

The Chinese Communist Party’s latest excuse for the coronavirus wave it can no longer conceal is that packages from overseas brought the omicron variant to China. The party is using this notion as an excuse to limit imports.

Inflation is not being driven by United States tariffs on steel, aluminum, and other foreign imports, the United Steelworkers urge lawmakers. 

A shortage of potato imports from North America will force McDonald’s Japan to ration french fries at nearly 300 locations nationwide from December 25 to December 30, the company announced Tuesday.

Taiwan is scheduled to hold four referendums on Saturday, one of them concerning a ban on American pork products that was lifted in January.

Allegedly lax coronavirus protocol at a frozen food import warehouse in northeastern China’s Dalian city caused an outbreak of the disease last month, China’s state-run Global Times reported Friday.

Miners in the United States who hoped President Joe Biden would support domestic production of critical minerals are reacting to his plan to ditch them and rely on other countries, including China.

Walmart announced on Monday that it will triple the value of goods imported from India to the United States by 2027, a pivot away from Chinese suppliers that will add up to $10 billion per year.

The White House is looking at a number of ways to boost American-made products and reshore vital industries to the United States from abroad, special assistant to President Trump for domestic policy Theo Wold says.

Fruit industry leaders in Chile and China signed a memorandum of understanding (MOU) this week to reinforce trade ties, the South China Morning Post (SCMP) reported on Friday.

The United States Customs and Border Protection (CBP) agency has confirmed it is conducting more investigations into forced slave labor in the Xinjiang, China, region than in any other area of the world.

China is prepared to “dominate” medical supply manufacturing “for years to come” at its current trajectory, the New York Times reports.

Imports were down but exports were down by more so the trade deficit rose.

Former White House economic adviser Gary Cohn, who proudly embraces the label “globalist,” falsely claimed on Face The Nation that tariffs on Chinese imports have “totally hurt the United States.” 

Prices for imported goods plunged by more than expected in October, undercutting critics who claimed tariffs would hurt consumers

U.S. imports from China have declined by $53 billion through the first nine months of the year, Commerce Dept. data show.|

Amazon.com, Inc. — owned by billionaire Jeff Bezos — is selling items manufactured in foreign factories with dangerous working conditions and where workers are treated as slave labor, a new report alleges. 

A small rise in the trade deficit in May masks a much larger shift in U.S. trade away from China and toward our allies.

About seven-in-ten Republican voters support tariffs on Chinese imports to protect American jobs and U.S. industries from unfair foreign competition, a new poll finds.

Prices for imported goods from China fell 0.1 percent and are down 1.4 percent from a year ago. And prices from outside of China also fell.

The data defy the dire predictions of experts who forecast consumers would foot the bill for tariffs.