Foreign Trade

🔒CT legislature considers bills to create trade commissions with Germany, India

For the third year in a row, the state legislature is considering bills to establish international trade commissions, this time with both Germany and India.

CT oil trader sentenced to 15 months for role in international bribery scheme

U.S. District Judge Kari A. Dooley in Bridgeport handed down the sentence to Glenn Oztemel, 66, who was also ordered to pay a $300,000 fine.

🔒Amid hostile takeover concerns, CT gunmaker Sturm Ruger adopts shareholder rights plan

Sturm, Ruger & Co. says it has adopted a one-year shareholder rights plan after an Italian gunmaker disclosed that it had built nearly a 9% ownership stake in the company.

🔒CT company says tariff uncertainty forced customers to delay, cancel orders; it still posted record 2Q profits

Shelton-based Acme United Corp. reported record net income for the second quarter of 2025, buoyed by strategic inventory and supply chain planning.
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State Senate, House approve creation of CT-Puerto Rico Trade Commission

Connecticut is poised to try to establish stronger trade ties with the Caribbean island of Puerto Rico. The...

Connecticut to join multistate lawsuit against ‘unlawful’ tariffs

Attorney General William Tong joined a multistate lawsuit Wednesday that is suing to block the Trump administration’s...

🔒As trade war heats up, CT finding greater value in trade commissions

Conall O Móráin is a prominent business broadcaster and podcaster based in Dublin, Ireland.  From his bedroom window,...

🔒Here’s how commercial contracts can ease the cost burden of new tariffs impacting manufacturers

Commercial contracts tend to be full of “boilerplate provisions” that, to paraphrase Mark Twain’s assessment of classic...
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🔒The impact of tariffs in CT, and on investors

The recent imposition of tariffs on imports from Mexico, Canada and China has created a ripple effect...

🔒With roots in Italy, Sabatino company now operates world’s ‘largest truffle manufacturing plant’ in CT

Federico Balestra, standing in his recently expanded West Haven manufacturing facility, was surrounded by boxes full of...
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