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Global Trade & Economics: Page 101

Trump Admin Pressures EU Firms to Drop DEI Policies

French Minister for Gender Equality Aurore Bergé said that French companies "don't plan to change their policies," and that forcing firms to comply is "out of the question."

Photo: iStock / Dmytro Varavin

CK Hutchison to Delay Signing Panama Ports Deal, Media Say

It’s the latest twist in one of the most geopolitically complicated deals ever for the 96-year-old business titan.

The Port of Balboa at the Pacific entrance of the Panama Canal. Photographer: Walter Hurtado/Bloomberg

Germany Takes Control of Seized Oil Tanker and Replaces Crew

The seizure could mark the first time that a European Union nation took such a step since the invasion of Ukraine.

The shadow fleet tanker Turbo Voyager transits through Denmark’s Great Belt carrying Russian oil to India. Russia shipped 3.28 million barrels a day of crude to overseas markets in the four weeks to Nov. 17. Photographer: Carsten Snejbjerg/Bloomberg

Ireland Minister Voices Concerns on Pharma Tariffs

Nine out of ten of the world’s largest pharmaceutical companies are established in Ireland.

Part of the Pfizer, Grange Castle complex in West Dublin, Ireland. Photo: iStock/noel bennett

Xi Woos Global Business Leaders as Trump Intensifies Trade War

Xi made a veiled critique of Donald Trump’s trade actions, touting China’s stability at a meeting in Beijing with some 40 corporate leaders.

Xi Jinping, far right, meets with global business leaders in Beijing. Photographer: Philip Glamann/Bloomberg

Report: Red States to Bear Brunt of Trade War with Canada

Nine of the 10 most vulnerable metro areas were located in states that voted for Trump, led by San Antonio-New Braunfels, TX.

Photo: iStock / Oleksii Liskonih

Carney Pledges Billions for Canada Auto Sector in Trade War

“On average, auto parts cross the border six times before final assembly. In a trade war, that’s a huge vulnerability,” said Canadian Prime Minister Mark Carney.

An employee assembles a rear bumper at an auto parts manufacturing facility in Guelph, Ontario. Photographer: Cole Burston/Bloomberg

Dole Says Port Fees on Chinese Ships Would Hike Banana Prices

Because bananas are a low-profit margin food and cannot be grown in the U.S., the proposed fees would quickly — and noticeably — increase grocery store prices.

Dole bananas at a grocery store in Fairfax, Virginia. Photographer: Al Drago/Bloomberg

Watch: M&A Trends in Transportation and Logistics

Chris Wofford, founder and managing partner at Wofford Advisors, describes the current state of mergers and acquisitions in transportation and logistics, and what that says about the condition of the economy.

M&a Trends In Transportation And Logistics

Trump Sets 25% Tariff on All Imported Automobiles

Trump claimed that the measure would lead to "tremendous growth" for the U.S. car industry.

Donald Trump speaking with supporters at a campaign rally at the Prescott Valley Event Center in Prescott Valley, Arizona. Photo: Gage Skidmore, Flickr

U.S. Adds More Chinese Firms to Export Ban List

The Trump administration added 54 companies and organizations from China, as well as more than two dozen from Iran, Pakistan, South Africa, the United Arab Emirates and Taiwan.

Photo: iStock.com/Antonio Bordunovi

Hyundai Makes Big Bet on U.S. Manufacturing

South Korea-based Hyundai also said it will expand its American vehicle production, and invest billions of dollars in new technology.

Photo: Hyundai

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