The United States increased its imports of lithium-ion batteries from China steadily over the past six years. The trend of these sales rose from $1.509 billion in 2018 to $16.458 billion in 2024. As a result, China’s share of total imports of these storage batteries to the United
President Donald Trump threatened on Saturday to impose a 30% tariff on Mexico and the European Union, two of his most important trading partners. After announcing that these tariffs would take effect as of next August 1, Trump left open the possibility of reducing this rate on both
China increased its gas imports from Russia steadily over the past six years, according to data from China’s General Administration of Customs. Following that growing trend, Chinese gas imports from Russia increased from $403 million in 2018 to $13.221 billion in 2024. Gas imports from Russia Sanctions against
The U.S. government opened opportunities for agricultural exports to Vietnam with the new trade agreement signed between the two countries. In the current agricultural cycle, from October 2024 to May 2025, U.S. exports of agri-food and related products to Vietnam grew 37.3% to $3.445 billion. Agricultural exports to
Tariff-forwarded imports impacted U.S. GDP, the Federal Reserve said. The global economy started 2025 with more trade uncertainty. At the same time, growth began to slow. Tariff changes in the United States generated immediate responses in other countries. In addition, geopolitical tensions weakened business and consumer confidence. As
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