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"trade news" Category
China, BRICS trade ministers vow to fight protectionism

China and the other BRICS nations pledged on Wednesday to fight protectionism and safeguard intellectual property rights, even as U.S. President Donald Trump considers action against what he sees as unfair trade practices by China.

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Mexican stocks hit record high, Brazil stocks lifted by commodities

Mexico's stock market hit a fresh record high on Tuesday, boosted by expectations of good earnings, while Brazil's stocks hit a one-month high as commodity price gains lifted shares of local
blue-chips Vale SA and Petróleo Brasileiro SA.

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Trade balance hits $2.2 billion surplus in 3rd week of July

In the third week of July, the trade balance recorded a surplus of US$ 2.203 billion, the result of US$ 5.276 billion in exports and US$ 3.073 billion in imports.

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Mercosur-Colombia agreement to benefit Brazilian exports

The Brazilian government signed an Economic Complementation Agreement (ACE) between Mercosur and Colombia on Friday (21) in Mendoza, Argentina.

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EU, Brazil to propose farm subsidies overhaul to appease developing nations

The European Union and Brazil will tell the World Trade Organization on Monday they are ready to shake up generous farm subsidies to reform a global trade landscape widely seen as stacked against emerging countries.

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Brazil increases reduced-tariff exports to the EU

A larger volume of Brazilian products can now enter the European Union at lower or zero import tariffs. As of this Saturday (1st), the bloc will increase Brazil's export quota for raw sugar by 78,000 tons and for chicken by 4,700 tons.

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Brazilian stocks rise, led by Embraer; Mexican peso slips

Brazilian stocks rose on Monday, supported by planemaker Embraer SA, while the Mexican peso slipped from a 13-month peak after comments by a Federal Reserve official supported bets of further U.S. interest rate hikes.

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Experts point to increased trade relations to Russia

Weather limitations require Russia to import part of what it consumes, and Brazil has become an important trade partner in meeting that demand in recent years.

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Spain, Brazil Want EU-Mercosur Deal, Worry About Venezuela

The governments of Spain and Brazil on Monday reinforced their commitment to completing a trade pact between the European Union and South American trade bloc Mercosur despite protectionist sentiments.

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Mercosur to sign trade deal with EU this year

South American trade bloc Mercosur plans to sign a trade agreement with the European Union this year, the president of Argentina, which holds the rotating presidency of Mercosur, said in an interview published on Saturday.

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