The Japan Bank for International Cooperation has agreed to help finance the acquisition of a coal mine in Australia by JFE Steel, lending ¥34.2bn (US$240mn) to bolster the supply of coking coal for Japan’s steel industry. The deal, altogether worth ¥57bn (US$400mn), is being co-financed by Mizuho, MUFG and SMBC. The Australian subsidiary of JFE…| Global Trade Review (GTR)
US President Donald Trump has urged the Export-Import Bank of the United States to slash red tape and boost financing for the country’s coal industry, signalling a dramatic departure in White House energy policy.| Global Trade Review (GTR)
The World Trade Organization (WTO) has warned that global goods trade is now expected to shrink this year, driven by plummeting import and export figures from North America in the wake of the US’ tariff overhaul. The WTO had initially forecast a continued steady expansion of trade in 2025 and 2026, but following the announcement…| Global Trade Review (GTR)
Companies are being urged to review their procurement and supply chain strategies in the wake of the US government’s tariff programme, as concerns grow over shipping costs and price rises across a range of goods. US President Donald Trump’s imposition of sweeping tariffs on imports, and retaliatory measures from trading partners across the world, has…| Global Trade Review (GTR)
China’s vow to boost the “scale and coverage” of export credit insurance will likely focus on technology exports and overseas investments, experts say, as Beijing works to transform its trillion-dollar Belt and Road Initiative (BRI). In late November, China’s vice minister of commerce Wang Shouwen announced that the country would be rolling out support measures ...| Global Trade Review (GTR)