On January 27, 2021, the United States Department of Commerce announced an affirmative preliminary determination in the antidumping investigation of imports of standard steel welded metal mesh from Mexico. The petitioners are Insteel Industries Inc. (Mount Airy, NC), Mid-South Wire Company (Nashville, TN), National Wire LLC (Conroe, TX),
Reciprocity is a fundamental principle of the rules-based world trading system in which countries extend proportional terms of market access. According to an analysis by the US Congress, China is expanding overseas in many sectors that remain highly restricted or closed to foreign investors at the domestic level
The real GDP of the United States decreased 3.5% in 2020, compared with a 2.2% increase in 2019, the Commerce Department reported Thursday. The decline in real GDP in 2020 reflected decreases in Personal Consumption Expenditure (PCE), exports, investment in private inventories, non-residential fixed investment, and state and
The European Commission opened a formal antitrust investigation to assess whether Mondelēz has restricted competition in a variety of national markets for chocolate, cookies and coffee by hampering the cross-border trade of these products between European Union (EU) member states. Executive Vice President Margrethe Vestager, Head of Competition
The peso starts the session with a depreciation of 0.68% or 13.8 cents, trading around 20.43 pesos per dollar, with the exchange rate touching a minimum of 20.2556 and a maximum of 20.4589 pesos. With the above, the peso accumulates a depreciation of 2.29% or 45.8 cents in
In its January Short-Term Energy Outlook (STEO), the United States‘ Energy Information Administration (EIA) expects global demand for petroleum liquids to be greater than global supply in 2021, especially during the first quarter, which That will cause an inventory cut. As a result, the EIA expects the price