United States

The U.S. Consumer Financial Protection Bureau (CFPB) will enforce certain credit card consumer protection rules on buy now, pay later (BNPL).

In the first quarter of this year, Korea’s exports to the United States exceeded those to China for the first time since the second quarter of 2003.

The SBA will extend its guarantee coverage to include bid, performance, payment, and ancillary bonds up to $9 million for general projects and to $14 million for federal contracts, an increase from the previous limits of $6.5 million and $10 million.

Discover the new trade agreement between the UK and Texas, designed to enhance business connections and trade opportunities.

Discover how the SBA is committed to helping small businesses enter the international trade market on this episode of Trade Finance Talks.

US sanctions reinstated on Venezuela; Venezuelan Supreme Court prohibits opposition leaders’ candidacy in upcoming presidential elections.

President Joe Biden announced a temporary halt on Friday to the pending approvals for exports from new liquefied natural gas (LNG) projects. This decision, welcomed by climate campaigners, could postpone… read more →

Latest report from the Commerce Department reveals the U.S. economy was 3.3% higher in fourth quarter of 2023, due to consumer spending.

To date, 12 shipping companies, in addition to numerous corporates, have suspended activities in the Red Sea, instead choosing to reroute their journeys around the Cape of Good Hope in South Africa.

Despite expectations for a slight increase in the trade deficit, it narrowed to $63.2 billion, a decrease from the revised figure of $64.5 billion in October, according to the United States Commerce Department.

The European Union is considering extending its current truce with the US concerning steel and aluminium trade. This move could circumvent ongoing stagnant talks and prevent the re-imposition of tariffs… read more →

The Biden administration has temporarily paused discussions on crucial aspects of the digital trade segment within its Indo-Pacific Economic Framework (IPEF) initiative, as stated by Democratic legislators on Tuesday.  This… read more →

A New York man with Ghanaian connections who engineered a trade-based money laundering (TBML) scheme to transfer illicit gains from online scams has been sentenced to 14 months in prison and ordered to pay $532,738 in restitution to 11 victims.

On Tuesday, the International Monetary Fund (IMF) unveiled its most recent World Economic Outlook, adjusting its US growth forecast upwards while anticipating a slower rate of expansion for the euro… read more →

The US trade deficit contracted to $58.3 billion in August, marking its lowest level since late 2020, according to data released by the Commerce Department on Thursday.  This represents a… read more →