Imports at major U.S. container ports are levelling off after retailers' months-long rush to bring in Chinese merchandise before higher tariffs hit, according to a retail trade report issued on Tuesday.
The new North American trade agreement ends key legal protections for many US businesses operating in Mexico, leaving their operations exposed to a risk they had avoided under the old trade deal: Mexico's court system.
The head of cotton at America's Cargill Inc has left the company after nearly three decades, the latest in a series of changes at the more than 150-year-old privately held firm as it contends with a commodities rout.
U.S. West Coast ports resumed full operations Saturday evening after a tentative labor deal was reached between a dockworkers union and a group of shippers, easing months of disruptions to trans-Pacific trade.
The global cotton trade, which still operates on handshakes and trust to the astonishment of hard-bitten operators in other commodities markets, might lose much of that trust due to a wave of defaults by textile mills.
Global commodity trading houses have long argued that their billion-dollar profits were rewards for taking risks, but this year's volatile cotton market has tested those arguments as farmers have defaulted, profits ha...