U.S., allies weigh export bans on everything to Russia
“Under the current sanctions against Russia, all exports to Russia are allowed unless sanctioned. If a near-total ban on exports is adopted, it would upend the sanctions mechanism—all exports would be banned unless exempted.”
[Oilprice.com]
World’s first carbon import tax gets green light
“Companies that import these products into the EU would need to purchase ‘CBAM certificates’ to make up the difference between the carbon price paid in the country of origin and the price of carbon allowances in the EU, according to the parliament.”
[The Hill]
West Coast ports losing one million TEUs per year to eastward shift
“Over the last few years, this shift has been exacerbated by port congestion and now growing uncertainty surrounding negotiations between West Coast port employers and dockworker unions.”
[gCaptain]
South Korea puts Japan back on export “white list” after three years
“The Ministry of Trade, Industry and Energy issued a revision to its public notice on exports and imports of strategic items in the day that calls for restoring Japan's fast-track trade status, allowing companies that export strategic items to Japan to enjoy a shorter period of time for review and simpler paperwork.”
[Yonhap]
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