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Trump Is Slamming Jerome Powell Because He 'Wants A Weaker Dollar,' Says Ed Yardeni: 'Pounding Powell = Pounding The Dollar'
Wednesday, July 2, 2025 - 2:29am | 639President Donald Trump's relentless criticism of Federal Reserve Chair Jerome Powell is a calculated move to weaken the U.S. dollar, according to Ed Yardeni, president of Yardeni Research. What Happened: Trump's attacks on Powell aim to pressure the Fed chair into cutting interest rates or...
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US Overtakes China As Taiwan's Biggest Export Market For The First Time In Over 20 Years
Thursday, April 11, 2024 - 3:27am | 637Recent trade data has shown that the U.S. has now become the leading destination for Taiwanese exports, overtaking China. Recent trade data shows that the U.S. has become the leading destination for Taiwanese exports, overtaking China. What Happened: Taiwan’s exports to the U.S. increased by...
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US Imposes Chip Restrictions Over Concerns Of Chinese Military's Use Of Semiconductor Technology
Saturday, October 21, 2023 - 9:44pm | 613U.S. strategies are reportedly in full swing to decelerate China's progress in the semiconductor sector, imposing stringent restrictions on the procurement of vital spare parts for chip equipment. These export limitations are part of a broader effort to deter China's technological...
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'Power Of Siberia': The Russian Natural Gas Pipeline From Siberia To Shanghai
Saturday, July 30, 2022 - 12:52pm | 449According to Armstrong Economics, in 2012 Russian President Vladimir Putin ordered Gazprom to begin construction on the natural gas pipeline dubbed, “Power of Siberia” that would connect Siberia to Shanghai, China. The “Power of Siberia” has been in construction for eight...
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It's A Win-Win: Why Both The United States And Germany Would Benefit From US Cannabis Exports
Monday, March 28, 2022 - 9:04pm | 1272By Niklas Kouparanis, CEO, Bloomwell Group With adult-use cannabis set to be legalized by the incoming government in Germany, attention has now turned to the massive regulatory hurdles the nation will face as these new policies are rolled out. One of the primary challenges Germany’s medicinal...
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Tilray's Growth In Export Business 'Positively' Impresses Analyst, Maintains Overweight
Tuesday, January 11, 2022 - 9:45am | 499In a recent analyst note, Pablo Zuanic from Cantor Fitzgerald offered an updated investment model for Tilray Inc. (NASDAQ: TLRY) in which he maintained an Overweight but lowered the price target for the stock to $6.90 from $7.40 on reduced estimates. The Thesis “We attach our updated...
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Asia's Oil Buying Spree
Friday, May 14, 2021 - 10:22am | 926The strong economic recovery throughout much of Asia is driving high demand for crude oil. Demand is expected to remain robust going forward, provided economic activity continues to rebound. Rising Demand Refiners in China are increasing imports of crude oil as they look to meet growing domestic...
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Why US Import, Export Prices Jumped Two Months In A Row
Wednesday, July 15, 2020 - 4:29pm | 326The price index for U.S. imports as well as exports rose 1.4% during June, the Bureau of Labor and Statistics said Tuesday. This marks two consecutive months of price index increases. What Happened: Export price increases can be heavily attributed to higher fuel prices. When June CPI...
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Navigating The Ins And Outs Of Import And Export Terminology
Friday, March 6, 2020 - 1:20pm | 1765DAF, DES and DDU were replaced with DAP. DEQ was replaced with DAT. Then DAT was replaced with DPU. Got that? Incoterms — International Commercial Terms — have been published by the International Chamber of Commerce (ICC) and used in sales contracts globally for imports and exports since 1936....
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USDA Expects Sunny Outcome For Ag Exports To China
Wednesday, February 26, 2020 - 9:50am | 524The U.S. Department of Agriculture on Tuesday attempted to assure American farmers that a recently negotiated trade deal between the U.S. and China is starting to make headway. "President Trump and this Administration negotiated a strong trade agreement with China that promises significant...
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US Tightens Export Controls For Russia, Yemen
Tuesday, February 25, 2020 - 9:54am | 410The Commerce Department's Bureau of Industry and Security (BIS) is undertaking a comprehensive review of all Country Groups in the Export Administration Regulations (EAR) to ensure they reflect current U.S. national security and foreign policy interests. BIS is reassigning Russia from more...
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US Nuclear Medicine Suppliers Welcome HEU Export Ban Delay
Tuesday, January 21, 2020 - 10:37am | 664The U.S. Energy Department's planned ban for licensed exports of highly enriched uranium (HEU) for medical isotope production will be delayed for two years to give the nuclear medicine industry more time to develop adequate supplies of a less radioactive alternative. The export ban of HEU was...
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DOJ Emphasizes Business Cooperation For Export Penalty Mitigation
Monday, December 16, 2019 - 3:14pm | 518The U.S. Justice Department (DOJ) has updated its 2016 policy to encourage companies to voluntarily self-disclose export control and sanctions violations to the department. The department said the revised Export Controls and Sanctions Enforcement Policy for Business Organizations signals its "...
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Removing Sting Of Penalties For US Export Data Errors
Friday, December 6, 2019 - 5:54pm | 1068U.S. Customs and Border Protection officials have taken to calling penalties for minor export information filing mistakes in the Automated Export System (AES) "parking tickets," but it's much more than that to America's exporters of agriculture products. The Washington, D.C.-based Agriculture...
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Major Logistics Provider Tasco Reports Mixed Bag Of Financial Results
Monday, December 2, 2019 - 12:36pm | 1589Integrated logistics services provider Tasco (BM: 5140) has reported second quarter 2019 revenues of 190.7 million Malaysian ringgit ($45.5 million) alongside a net profit of 4.3 million ringgit ($1.0 million). Although net profits have surged in the company's second quarter, analysts are...