The WTO published an analysis of the Free Trade Agreement between the UK and South Korea, two economies with high integration to global value chains. Over the 2018-2021 period, UK imports from South Korea were less diversified than its global imports, with vehicles and machines accounting for almost
The World Trade Organization (WTO) published a balance sheet on trade between South Korea and Central American countries. The analysis shows the trends in merchandise trade between the Parties and with the world between 2011 and 2020. Thus, during that period, South Korea’s overall world trade balance recorded
Imports to the United States under CBERA preferences increased 21% from $1.8 billion in 2020 to $2.1 billion in 2021. According to the World Trade Organization (WTO), this increase in U.S. imports is largely driven by increased imports of methanol under CBERA from Trinidad and Tobago ($472.2 million),
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