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You are here: Home / Archives for International Trade

United States Bans Imports of Russian Oil, Liquefied Natural Gas, and Coal

March 9, 2022 By New York Truckstop Leave a Comment

Oil

In response to Russia’s continued war with Ukraine, President Biden announced an Executive Order (EO) to ban the import of Russian oil, liquefied natural gas, and coal to the United States. This decision was made in close consultation with US allies and partners around the world, as well as Members of Congress of both parties. […]

Filed Under: Business, International Trade

United States and Allies Impose Sanctions on Russia

February 24, 2022 By New York Truckstop Leave a Comment

United States

In response to Russia’s war against Ukraine, the United States, along with Allies and partners, is imposing severe economic sanctions on Russia that will hamper its ability to do business in foreign currencies. President Biden promised to inflict a “severe cost on the Russian economy”. The United States carried out the following actions include: Severing […]

Filed Under: International Trade

Supply Chain Woes Hamper Pandemic Recovery

November 1, 2021 By New York Truckstop Leave a Comment

Supply Chain Woes

US economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as global supply chain woes combined with a surge in Covid-19 cases lowered spending and investment. Gross domestic product (GDP) expanded at a 2 percent annualized rate following a 6.7 percent pace in the second […]

Filed Under: Business, COVID-19, International Trade

All You Need To Know For The 2022 Grand Prix Seasons

October 22, 2021 By New York Truckstop Leave a Comment

2022 Grand Prix Season

After many disruptions, changes, and rescheduling, it appears the F1 schedule for the 2022 grand Prix season has finally been released. There are also some exciting prospects in the pipeline for 2023, and if you’re a hardcore fan, they’ve launched a whole host of competitions and “meet the driver” opportunities too. We’ve scoured the internet […]

Filed Under: International Trade

US-China Trade War Summer 2019

August 9, 2019 By New York Truckstop Leave a Comment

No, there still is no new trade agreement between the United States and China and the trade war between the two nations is heating up as President Trump promised to add tariffs to another $300 billion in Chinese imports after labeling China a currency manipulator (A weaker currency helps Chinese factories offset the higher costs […]

Filed Under: International Trade

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