Economy & Markets
The increase in exports to Russia reveals a recovery from the decline experienced in 2024, as the export levels reported in 2023 have not yet been reached.
The US president acknowledges that current rates won't lead to significant inflation, but there may be slower economic growth.
He claims that "more than 75 countries" have contacted him to negotiate new trade agreements.
External sales include information technology, global services, and tourism.
Jerome Powell explained that tariffs are very likely to generate at least a temporary increase in inflation, but that the inflationary effects could also be more persistent.
He warns of a cost of 615 million euros for implementing a new automotive safety regulation that he considers "unfair."
Analysts reviewed what has happened in the process of seeking a trade agreement with the North American country.
The larger-than-expected IMF package will support Argentina's efforts to eliminate the peso peg in place since 2019.
Large influxes of legal migrants and refugees can exacerbate social tensions, but implementing restrictive policies could limit countries' productivity, warns the International Monetary Fund (IMF).
Together, the three countries supply 94% of U.S. imports of refined copper and copper alloys, according to data from information provider Trade Data Monitor (TDM).
This represents the longest-term issue by a multilateral institution in the country's history and a new record for CAF in the Paraguayan capital market.
The objective of Wednesday's meeting with the U.S. government is to maintain a "positive" discussion regarding the trade relationship between the two countries within the framework of the bilateral trade agreement that governs these relations.
"We got rid of an aberration that should never have existed. (…) We've liberalized the foreign exchange market, just as we had promised, and without political speculation," President Javier Milei celebrated.
Colombian Foreign Minister Laura Camila Sarabia Torres began her first diplomatic tour of Asia on Monday, during which she met with her Japanese counterpart, Takeshi Iwaya.
Recall the adverse impact on the Chinese and US markets of the previous tariff war between the two superpowers.
Following an escalation of tariffs, both countries announced over the weekend that they will exclude semiconductor trade from further punitive taxes, while Washington will also exclude certain electronic products, at least temporarily.
The Brazilian market has surpassed Colombia and Ecuador as the main destination for Chilean apples, a historic milestone for the industry.
According to INDEC data, Argentine inflation rose to 8.6% in the first quarter of the year, reaching 55.9% year-on-year.
"What we are doing is expressing our willingness to enter into this negotiation process and review the best conditions to seek a possible reduction in the 10% tariff currently in effect," the Minister of Commerce stated.
Paraguay's foreign trade saw an improvement at the close of the first quarter of the year, with a US$32 million surplus, according to official data released yesterday by the Central Bank of Paraguay (BCP).
The European Union Commissioner will meet with US Secretary of Commerce Howard Lutnick this Monday.
