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UN Takes Aim At US Trade Policy
Friday, November 1, 2019 - 9:43am | 788The uncertainty caused by rising protectionism will slow growth across the maritime sector over the next five years, according to a major new report from the United Nations (U.N.). In a thinly veiled swipe at the trade policies of President Trump, the report said "trade tension and growth in...
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Exports Boost Canada's Economy
Friday, August 30, 2019 - 3:46pm | 213Canada's economy grew by 3.7 percent in the second quarter of 2019 as a surge in exports offset weaker domestic demand. Trade largely fueled the increase in real gross domestic product (GDP) reported by Statistics Canada on August 30. Broad strength in exports included a 3.7 percent increase in...
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Commentary: Decline In Exports Hurts Agricultural Producers And Railroads
Friday, August 9, 2019 - 10:28am | 813FreightWaves features Market Voices – a forum for voices with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. Earlier this week China hit the U.S. with a figurative bombshell when it announced that it would not purchase any more...
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Asparagus Exports Go Boom Heading Into 2019
Monday, March 4, 2019 - 12:31pm | 1122February and March are peak months for California and Mexico asparagus air exports. Ground zero for these movements is Los Angeles International Airport (LAX). Along with cherries and strawberries, asparagus is one of the top three perishable products based on tonnage exported each year by air from...
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The States With The Most Employment Exposure To Exports, Foreign-Owned Companies
Sunday, April 15, 2018 - 5:09pm | 538Amid a potential trade war with China, President Donald Trump directed staff to look into renegotiating U.S. participation in the Trans-Pacific Partnership agreement, according to reports. "That's really good news for America," Sen. Ben Sasse (R-Nebraska) said following a White...
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Pastel Paintings And Landmines: 7 Of The Weirdest Top State Exports
Monday, March 5, 2018 - 5:26pm | 772Whiskey’s a top Kentucky export, and lobsters rank first in Maine, but that probably doesn’t come as a surprise. Many of the U.S.’s top state exports only serve to reinforce state-by-state caricatures. It’s fitting that Rhode Island’s 11th-strongest seller is sailboats...
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Qualcomm, Cisco Hurt By U.S. ZTE Trade Restrictions
Tuesday, March 8, 2016 - 2:11pm | 408QUALCOMM, Inc. (NASDAQ: QCOM) and Cisco Systems, Inc. (NASDAQ: CSCO) are in for some negative headwinds, according to a recent JPMorgan research note. Due to forthcoming exportation trade restrictions by the United States against China's ZTE CORP ‘H'CNY1 (OTC: ZTCOF) (SHE: 000063) (HKG: 0763), a...
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U.S. Trade Deficit Narrows to Lowest Level Since 2009, Amid Rising Energy Production
Tuesday, January 7, 2014 - 5:04pm | 494The Commerce Department reported on Tuesday that the U.S. trade deficit, the dollar-value difference between American imports and exports, shrank 12.9 percent to $34.3 billion in November. The figure beat analyst expectations of a deficit of $40.00 billion. The deficit figure from October was...
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As Exports Increase, So Should C.H. Robinson Worldwide's Stock Price
Tuesday, December 10, 2013 - 5:40pm | 420With American exports hitting a record high, many investors are looking at firms that sell abroad -- such as Boeing (NYSE: BA), Caterpillar (NYSE: CAT) and Dow Chemical (NYSE: DOW). All are great companies and among the leading exporters in the country. Not as well known, but just as well-...
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Market Wrap For November 15: Janet Yellen's Post Fed Nomination Keeping Markets In The Green
Friday, November 15, 2013 - 5:42pm | 1425The major indices can bank another day in the green. The Dow Jones and S&P 500 both reached new highs during Friday's trading session as markets continued its momentum following U.S. Federal Reserve's new boss Janet Yellen confirmed the central bank's economic stimulus would continue. The...
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China Expected to Become Top Business Travel Market
Tuesday, October 29, 2013 - 9:34am | 405Another sign of China's growing role in international commerce. According to a report commisssioned by the Global Business Travel Association (GBTA) and sponsored by Visa (NYSE: V), China is expected to surpass the United States as “the world's most dominant business travel market” within the...
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ISM Non-Manufacturing Index Slumps in June But Employment Gains Accelerate
Wednesday, July 3, 2013 - 11:26am | 492The ISM Non-Manufacturing Index, the broad index of services activity in the United States, slipped in June to 52.2 from 53.7 in May. Economists surveyed by Reuters had forecast a reading of 53.7. Output Drops The broad measure of the health of the services economy across the U.S. dropped in June...
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Chinese Manufacturing Slumps Further In June; Liquidity Crunch Hurts Small Businesses
Monday, July 1, 2013 - 9:25am | 647China's manufacturing sector showed signs of slowing again in June as two key measures of manufacturing output fell to four- and nine-month lows respectively in the country that accounted for nearly 38 percent of world GDP growth and 21.8 percent of emerging market growth in 2012. Manufacturing...
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Sata's Zambia: A [Copper] Rock And a Hard Place?
Sunday, October 2, 2011 - 9:00pm | 1372From this October's Business Diary Botswana: Zambian President-elect Michael Sata's recent victory over former President Rupiah Banda and his ruling Movement for Multiparty Democracy (MMD) ended two decades of MMD power while concurrently creating a cloud of uncertainty not only for Zambia's mining...
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Shale Gas Exports Set To Grow (LNG, CQP)
Thursday, May 12, 2011 - 1:19pm | 273The Marcellus Shale formation in the Northeast could be one of the best solutions to the world's growing demand for energy. Recent moves by Cheniere Energy (NYSE: LNG) and Cheniere Energy Partners LP (NYSE: CQP) are now helping underscore that potential. Cheniere Partners owns 100 percent of the...