Germany on Thursday pushed back against U.S. criticism of its trade surplus, saying ahead of global finance talks in Washington that nobody could blame Berlin for the competitiveness of ‘Made in Germany’ products. Economy Minister Brigitte Zypries said the government had only limited influence on trade flows. Source Reuters
Japan logged a trade deficit last year for the first time since 2015, with export growth slowing amid tensions between the country’s two biggest trading partners – China and the United States. Source: Channel NewsAsia
Saudi Arabia is looking to invest in U.S. natural gas. The Kingdom is considering Tellurian’s proposed Driftwood LNG export terminal in Louisiana and Sempra Energy’s Port Arthur LNG facility in Texas. Source: Forbes
U.S. sanctions on Moscow are starting to hurt America more than Russia, the chief executive of Russia’s sovereign wealth fund told CNBC Wednesday. Source: CNBC
