Southern Crop

Southern Crop

A Sign of the Huge Trade Imbalance for Global Commodities: 45% of Ships Travel Empty

Imagine a ship carrying commodities from Australia to China, and another carrying the same, but in the opposite direction. Both routes are equal in distance. Yet that first journey, from Australia to China, costs 33% more, on average, than the return trip.

 

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President Donald Trump said last week that the North American Free Trade Agreement (NAFTA) talks are “moving along nicely.” Trade ministers from Mexico, Canada, and the U.S. met in Washington, D.C., and are pushing to finish an agreement by early May.   Read more

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EU Seeks to Stop Two Chemicals From Washing Into Wastewater

A draft European Union regulation would add a restriction on two ingredients used in wash-off products, such as hair conditioners and shower gels, to prevent the substances from being washed into wastewater. World Trade Organization members have until April 20 to file comments on the draft regulation, which would add[…]

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