Global Trade Guy (@globaltradenews) 's Twitter Profile
Global Trade Guy

@globaltradenews

Follow for a steady stream of the latest news in global trade.

ID: 1663519836163514369

calendar_today30-05-2023 12:17:02

25 Tweet

11 Followers

79 Following

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Finally, some positive outlook around global trade! #globaltrade #cargocarriers #maritime The near-term outlook for global trade doesn’t look so ominous, say two executives of major cargo carriers bloomberg.com/news/newslette… via Bloomberg

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Businesses in China must increasingly focus on how their priorities align with the Communist Party rather than only profits. US-China tensions will have different implications for their economies bloomberg.com/news/newslette… via Bloomberg Economics

Global Trade Guy (@globaltradenews) 's Twitter Profile Photo

Chickety China, the Chinese chicken. Barenaked Ladies 12 years after entering China, Cargill is pulling out. Cites growing feed costs due to the Ukraine War as the primary reason.

Global Trade Guy (@globaltradenews) 's Twitter Profile Photo

Interesting that stories about Jamie Dimon and Jeffrey Epstein are coming up the same day that Dimon says he would consider running for public office.

Global Trade Guy (@globaltradenews) 's Twitter Profile Photo

UK signs second #FTA with Indo-Pacific country. It signed one with Australia in December 2021. It's part of an effort to diversify their interests away from Europe. New Zealand-UK Free Trade Agreement to Start Benefiting Exporters -NZ PM money.usnews.com/investing/news…

World of Statistics (@stats_feed) 's Twitter Profile Photo

Largest companies by market cap: 🇺🇸 Apple: $2.8 trillion 🇺🇸 Microsoft: $2.5 trillion 🇸🇦 Saudi Aramco: $2 trillion 🇺🇸 Alphabet: $1.57 trillion 🇺🇸 Amazon: $1.25 trillion 🇺🇸 NVIDIA: $990 billion 🇺🇸 Berkshire: $700 billion 🇺🇸 Meta: $672 billion 🇺🇸 Tesla: $634 billion 🇹🇼 TSMC: $516

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This is in line with decades of US policy but seems to be back pedaling a bit from Biden's comments last September. Then, Biden said that the US would come to Taiwan's defense if China were to launch an unprovoked attack on the island.

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Honestly didn't see this coming! I would've expected #China to be more enticing as the economy reopened. Inflation in the west, deflation in the east.....sounds like the start to a real bad rap album reuters.com/markets/asia/s…

Michael Pettis (@michaelxpettis) 's Twitter Profile Photo

1/7 Weakness in the RMB is a good illustration of the policy dilemma Beijing faces. On the surface, a weaker RMB seems like it might boost growth by making Chinese manufacturing exports more competitive internationally. english.news.cn/20230621/7f8aa…

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Not a surprise. #Transportation companies should not expect much seasonal pickup later this year from #globaltrade. freightwaves.com/news/trade-tea…