Trade

A record mismatch in official trade statistics is complicating efforts to measure how far the U.S. and China have “decoupled,” according to Bloomberg, which cited an $112-billion gap between what Beijing said it exported to the United States and what U.S. Customs and Border Protection recorded as arriving.

Waste crime and trafficking is expanding globally, fueled by profit incentives in a fast-growing waste-management industry and compounded by major blind spots in official data, according to a newly released report by the UN Office on Drugs and Crime (UNODC). 

The White House is weighing a new round of national-security tariffs on several industries after a Supreme Court ruling last week struck down many of President Trump’s second-term levies, The Wall Street Journal reported. 

Hungary plans to block an EU sanctions package targeting Moscow and major new loans intended for Kyiv unless oil shipments resume through the Druzhba pipeline crossing western Ukraine. 

An IT misconfiguration has exposed an apparent network of oil traders that has helped move at least $90 billion of Russian crude and has become central to keeping export revenues flowing to the Kremlin, the Financial Times reported Friday. 

Asian trading networks continue to route European-made dual-use technology into Russia’s war economy, exploiting gaps in the continent’s sanctions designations and enforcement, according to new research published by the Committee for Freedom in Hong Kong (CFHK) Foundation.

Ukraine has imposed sanctions on Alexander Lukashenko, with President Volodymyr Zelenskyy accusing the Belarusian leader of playing an increasingly larger role in Russia’s war efforts, UNITED24 Media reported. 

Russia is exploiting a network of front companies, influence agents, and third-country logistics routes to obtain German-made components needed for its attack drones and missiles.

Businesses attempting to navigate the shifting shoals of international tariffs, sanctions, and export controls are increasingly turning to trade-compliance professionals for guidance.

Tens of thousands of foreign-brand cars are reaching Russia via China through gray-market channels that often circumvent sanctions and automakers’ pledges to exit the Russian market.