Free trade

Global rice markets are in crisis amid ‘artificial’ shortage

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Rice is a crucial staple for over half the global population and the world is bracing for its most significant shortage in 20 years. India’s export ban on rice is reverberating through global rice markets, threatening food security if developing nations cannot afford or access rice. “The only shortage out there right now would really … Read more

U.S. working with Indo-Pacific partners to boost economic resilience: USTR

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The United States is working very closely with its trading partners in the Indo-Pacific region to help build economic resilience, said U.S. Trade Representative Katherine Tai. The Indo-Pacific Economic Framework (IPEF) initiative, launched in May last year by U.S. President Joe Biden, is looking to announce a number of initiatives soon, Tai told CNBC’s Martin … Read more