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Global Trade & Economics: Page 105

Cheap Goods ‘Not Essence of American Dream,’ Trump Official Says

Several major retail companies have cautioned that tariffs will swiftly lead to higher prices for U.S. consumers.

Photo: iStock/blackCAT

Trump Delays Tariffs Against Mexico and Canada for Second Time

Trump agreed to pause the levies for all goods included in the USMCA, which covers agricultural products, cars, textiles, alcohol and more.

Photo: iStock/ronniechua

Being Barred from Sales in Canada ‘Worse Than Tariff,’ Says Jack Daniel’s CEO

Whiting, however, said that Canada accounted for only 1% of their total sales and that the company could withstand the hit.

Photo: iStock/temizyurek

Japanese Firms Boost Exports to U.S. to Get Ahead of Tariffs

The industry is pressuring the Japanese government to take steps to head off any additional duties.

Honda Motor Co. vehicles bound for shipment at a port in Yokohama, Japan. Cars and car parts account for about a third of Japan’s total exports to the U.S. Photographer: Toru Hanai/Bloomberg

Fink Phoned Trump Directly to Pitch BlackRock’s Panama Deal

As Trump publicly complained about China’s influence over the canal, Panama’s government weighed whether to cancel its contract with CK Hutchison to operate the ports.

Larry Fink, chairman and CEO of investment firm BlackRock. Photo: Bloomberg

Diplomacy Through Supply Chain ‘Containment’: Does It Really Work?

In recent years, as world economies have become more interconnected, politicians have increasingly used regulations as a means of advancing foreign policy.

Image: iStock/libre de droit

Panama’s President Accuses Trump of Lying to Congress Over Canal

Trump told lawmakers in Washington on March 4 that Panama had broken the agreements it made when it took over the waterway a quarter-century ago.

A ship in the Cocoli Locks of the Panama Canal in Panama City. Photographer: Tarina Rodriguez/Bloomberg

Tesla’s China Sales Slump Adds to Worrying Global Slowdown

Tesla’s weakening numbers in China, the world’s biggest auto market, are in stark contrast to BYD, whose sales were up 161% year-on-year.

The Tesla Inc.Gigafactory in Shanghai. Source: Bloomberg

The Growing Cost of Blind Spots in Modern Supply Chains

As uncertainty has become the new norm for supply chains, previously tried-and-true crisis management strategies are no longer equipped to keep up with the pace of today's disruptions.

Photo: iStock / bfk92

Chinese Company to Sell Stake in Panama Canal Ports

U.S. president Donald Trump recently accused the Panamanian administration of allowing China to control the Panama canal.

Panama Canal, Panama. Photo: iStock / Marina113

Ontario Province Takes Retaliatory Action Against U.S. Tariffs

"This is not the outcome we wanted," said Doug Ford. "We have no choice; we have to respond."

Photo: iStock / Oleksii Liskonih

Target, Best Buy Warn U.S. Consumers of Higher Prices From Tariffs

High grocery prices are squeezing lower-income consumers.

A shopper leaves a Target store in New York. Photographer: Michael Nagle/Bloomberg

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