News about International trade
Honda posted its first annual loss in 70 years amid problems in its electric vehicle segment and the impact of U.S. trade tariffs.
Ilon Musk said talks between US President Donald Trump and Chinese President Xi Jinping in Beijing were “wonderful”.
Corr. BELTA/. Latvia’s Ministry of Transport is promoting rules that envisage a ban on all bus passenger transportation to Russia and Belarus, as well as transit passenger transportation.
Data from a fresh report by the International Organization of Viticulture and Wine shows a global decline in production. There are not many exceptions, most of them in Europe.
Russian travelers are actively reconsidering their preferences when planning foreign trips in the coming summer.
US President Donald Trump has arrived in Beijing for a three-day visit – the first for an American leader in nine years.
Due to the conflict over Iran, a Japanese snack food manufacturer is forced to abandon brightly colored packaging. Calbee Inc. announced that some of its products will temporarily switch to a black-and-white design due to disruptions in the supply of components for color ink.
Energy group Eni is in talks with international investment funds to raise more than €1 billion for floating liquefied natural gas (LNG) projects. The deal reflects Europe’s desire to strengthen energy security and diversify gas supplies after reducing dependence on Russian fuel.
Rising global oil prices have supported Canada’s exports and fiscal revenues, but have also increased inflation risks and the economy’s dependence on trade relations with the United States. Additional uncertainty is created by a possible renegotiation of the trade agreement between Mexico, Canada and the United States (USMCA) and the threat of new U.S. tariffs.
The Agriculture Intervention and Payment Agency (AIPA) has issued a call for applications for subsidies for agricultural products sold by producer groups. The campaign will run from May 18 to June 15, 2026, inclusive. According to the regulations, subsidy payments to producer groups must be made within 60 days of receipt of a properly completed application.
An EU committee made up of experts from member states voted Tuesday to ban imports of Brazilian meat starting Sept. 3 because of the use of antimicrobial drugs to stimulate animal growth.
Shipments of pharmaceutical products from the USA to Russia in March increased more than 300 times compared to the previous month.
The International Energy Agency (IEA) has worsened the forecast for global oil demand in 2026 due to the military conflict in the Middle East. Daily demand reduction is expected at the level of 418 thousand barrels per day to the level of 104 million bpd. The forecast is worsened by 334 thousand bpd compared to the April estimate, and the peak of the decline is expected in the second quarter – 2.45 million bpd.
While diesel prices in Moldova have been decreasing for a week already, gasoline is becoming more expensive.
Italian fashion house Giorgio Armani is preparing a possible sale of 15% of shares in the company, while the package may be distributed among three strategic investors – L’Oréal, LVMH and EssilorLuxottica. This was reported by the Italian newspaper La Repubblica.
On the sidelines of a working visit to Bucharest, Moldovan Parliament Speaker Igor Grosu was received at the Elizabeta Palace by Her Majesty Margareta. He thanked the Royal House of Romania for its constant support for Moldova and for its active participation in the development of economic, cultural and European ties between the two countries.
The Ukrainian authorities are engaged in new international agreements in the security sphere. One of the key areas could be the Drone Deal between Ukraine and the USA, which envisages joint production of drones and development of defense technologies.
The meeting between Donald Trump and Chinese President Xi Jinping is designed to prolong the truce between the two major economic and military powers of the planet, concluded last fall, but will not be able to resolve any direct problems in bilateral relations, much less address indirect problems, including Russia’s war against Ukraine, experts believe.
Exxon and Shell are resuming Arctic exploration under Donald Trump’s slogan “Storms, Crumbs, Storms.” They are seeking to replenish reserves, diversify portfolios and maximize profits from Donald Trump’s policy of ramping up fossil fuel drilling, even though they recently claimed otherwise. Record investments and the success of new projects promise to exceed all expectations, in what experts see as a great success of the U.S. administration’s public policy.
Copper prices rose above the key mark of $14 thousand per ton, approaching historical highs. The market continues to grow despite the increased nervousness on global platforms due to the aggravation around Iran.
