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Trade Barriers/Restrictions

How a Trade Loophole May Be Letting in Chinese Imports Made With Forced Labor

Millions of packages flood into the U.S. from China tariff-free and with little or no scrutiny under a category dubbed “de minimis.” Millions of packages flood into the U.S. from China tariff-free and with little or no scrutiny under a category dubbed “de minimis.” FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

Ex-Apple Engineer Indicted in Crackdown on Flow of Restricted Tech to China, Russia

A former Apple engineer has been charged with trying to steal the company’s self-driving-car technology, U.S. authorities said. A former Apple engineer has been charged with trying to steal the company’s self-driving-car technology, U.S. authorities said. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

How Sanctioned Western Goods Are Still Flowing Into Russia

A cluster of former Soviet republics has emerged as a major transshipment hub for shipments of U.S. and European dual-use goods to Russia. A cluster of former Soviet republics has emerged as a major transshipment hub for shipments of U.S. and European dual-use goods to Russia. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…

U.S., Allies Weigh How to Further Punish Russia

The West has already leveled broad sanctions on Russia, but the U.S. and its allies want to further deprive the Kremlin of key technologies and revenue needed for the war. The West has already leveled broad sanctions on Russia, but the U.S. and its allies want to further deprive the Kremlin of key technologies and revenue needed for the war. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the…

EU Targets Eight Chinese Companies in Russia Sanctions Push

The bloc is looking to target firms believed to have provided Moscow electronic items that can be used for military purposes. The bloc is looking to target firms believed to have provided Moscow electronic items that can be used for military purposes. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners,…

Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts

As Russia scours the globe for buyers of its energy products, it is finding eager trade partners in an unlikely place: The oil-rich petrostates of the Persian Gulf. Since Western sanctions over the war in Ukraine cut off Russia from many of its established trading partners, state companies from Saudi Arabia and the United Arab Emirates have stepped in to take advantage of discounted prices for Russian products, according to oil executives and industry analysts.  As Russia scours the…

The Potash Market: Ukraine War Creates Fertile Ground for Fertilizer Sellers

Potash , a potassium-based fertilizer mined from the ground, came into sharp focus last year when prices reached record highs following supply disruptions from Belarus and Russia. Some see it as a key commodity not just for agricultural production but also combating global warming.  Now potash producers elsewhere—most notably in Canada—are seeing an opportunity to grab market share. BHP, the world’s largest miner, sees the fertilizer as one of the keys to its future. Will their potash bets pay off?…

U.S., U.K. Sanction Firms tied to Russian Oligarch Alisher Usmanov

WASHINGTON—The U.S. and the U.K. on Wednesday expanded the West’s net of economic sanctions encircling Russia, targeting a major metals firm and scores of other companies in an effort to cut off more of the international assets and finance channels still connecting Moscow’s economy to global trade and finance. Notable among the additions to the U.K. and U.S. Treasury, State and Commerce Department sanction and export control lists are a global network of firms and associates of…

Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations

Microsoft Corp. has agreed to pay more than $3 million in fines for allegedly violating U.S. sanctions on Russia and other countries after its software and services ended up in the hands of blacklisted companies and persons in the Crimea region of Ukraine.The U.S. Treasury and Commerce Departments on Thursday said they had reached a joint settlement with Microsoft over the apparent violations of U.S. sanctions and export controls rules, which the software giant voluntarily disclosed. The…

Russia’s Aircraft Need Maintenance They Can No Longer Get

Russia has limited access to parts, software and technical skills needed to carry out critical maintenance due on hundreds of commercial jets, according to a Wall Street Journal analysis, raising safety concerns among industry executives and regulators.In the days after Russia’s February 2022 invasion of Ukraine, many Western countries closed airspace to Russian jets. The U.S. and Europe also slapped the country with a series of sanctions and export controls that have blocked parts, services and other technology from…