U.S. companies importing fewer Asian-made goods
“The majority of the drop in Asian imports was caused by a whopping 20 percent reduction in Chinese imports. However, for the first time since the inaugural Reshoring Index in 2013, some non-Chinese Asian countries, including Vietnam and Malaysia, also saw a dip in imports.”
[Assembly]
U.S. ‘firm’ steps in when China is seen as a bully
“Among the first steps for its ‘clients’ is an analysis of trade vulnerabilities to China by the department’s economists. It then looks for ways to help diversify export markets away from China and, if requested, offer a public show of support. The team has also conducted table-top exercises to game out different responses to Beijing, the people said.”
[The Japan Times]
Texas inspections again snarl truck traffic at Mexican border
“The trucks are waiting 480 minutes (eight hours) or more to cross the border at the Ysleta port of entry, when the usual wait time is about an hour, according to the official U.S. Customs and Border Protection website.”
[Border Report]
How Central Asian countries are courting Western trade and investment
“The rationale underpinning the B5+1 holds that a Central Asia with simplified customs procedures, along with effective mechanisms to protect property rights and resolve commercial disputes, will be able to attract more Western trade and investment. That, in turn, will make the Middle Corridor trade route the most lucrative option for regional governments and business.”
[Eurasianet]
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