The value of new orders for U.S. manufactured goods rose 0.3% in September at a monthly rate, to $551 billion, the Census Bureau reported. This followed a 0.2% increase in August. A new order is the communication of an intention to purchase for immediate or future delivery. Only
U.S. Trade Representative Katherine Tai and Mexico‘s Secretary of Economy Raquel Buenrostro agreed to continue consultations in the energy trade dispute initiated by both countries. «Tai stressed the importance of moving quickly to address the issues in Mexico’s energy sector that the United States identified in its July
The World Trade Organization (WTO) detailed in a report the percentage of Mexico‘s imports with preferential treatment. Despite the significant number of trade agreements Mexico has, the low level of preferential tariffs negotiated and the high degree of trade liberalization contemplated (in some agreements it reaches 99 and
Corn imports to Canada from the United States broke a record from January to August 2022, totaling 1.293 billion dollars. With this, these international purchases registered a growth of 286% at annual rate, according to data from the Department of Commerce. The largest previous amount was 800 million
The United States economy has slowed significantly from last year’s rapid pace, said Jerome Powell, chairman of the Federal Reserve (Fed). Real GDP increased at a 2.6% pace last quarter, but is unchanged year-to-date. After growing 2.3% in 2019, the U.S. economy fell 3.2% in 2020 and then
The Food and Agriculture Organization of the United Nations (FAO) reported that the number of trade linkages, i.e. the number of trade flows between countries, increased from about 11,000 in 1995 to more than 17,000 by the end of the second decade of the millennium. Linkages represent import