Trade

Communist China Boasts of Deepening Ties with Russia, Blasts US Trade Policy

Communist China Boasts of Deepening Ties with Russia, Blasts US Trade Policy

The Chinese Communist Party's top diplomat has boasted of China's deepening ties with Russia as two of America's greatest adversaries continue to build their alliance. During a Thursday press briefing, China's Foreign Minister Wang Yi blasted the "unfathomable absurdities" and "bewildering" trade policy from the United States. He made the…
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Mexico Overtakes China as America’s New Manufacturing Base

Mexico Overtakes China as America’s New Manufacturing Base

As U.S. relations with China have fractured over the years, Mexico has emerged as the new manufacturing base for America. Doing business overseas has become increasingly more expensive. Due to the rising costs, experts believe that Mexico has now overtaken China to become the top manufacturer for American companies. At…
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Russia Edges Closer to Using Bitcoin for International Trade

Russia Edges Closer to Using Bitcoin for International Trade

The Russian government has drafted new legislation that edges the embattled nation one step closer to accepting Bitcoin and other cryptocurrencies for international trade. According to a report from Russian news outlet Tass, Russia's Ministry of Finance and its central bank have agreed on a draft bill allowing crypto payments…
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