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Global Trade & Economics: Page 114

China Blacklists Calvin Klein, Tommy Hilfiger Parent Company
After adding PVH to its "unreliable entities list," China is now allowed to fine the company, shut down its stores and manufacturing, and deport its employees.
Photo: iStock / NoDerog
The Fight for Control of the Panama Canal
Although Trump has repeatedly said he wants the U.S. to retake the Panama Canal, his actual goals could fall well short of that.
Photo: iStock / Ceri Breeze
Panic Over Tariffs Drives up Trade Deficit
Trump has said tariffs will encourage firms to make their products in the U.S., expressing repeated concern about the size of the trade deficit.
Photo: iStock / hamzaturkkol
USPS Reverses Decision to Stop Delivering Parcels from China
Close to half of all parcels entering the U.S. under de minimis exemptions were sent from China, according to a 2023 report by U.S. Congress.
Photo: iStock / 400tmax
Lawsuit Challenges Hong Kong Firm's Control of Panama Ports
The lawsuit claims that the contracts allowing Hong Kong-owned CK Hutchison Holdings to operate two ports at either end of the canal violate Panama's constitution.
Photo: iStock.com/Federico Barbieri
Norway Releases Ship Linked to Sweden-Latvia Cable Damage
The Norwegian-registered ship carrying a fully Russian crew was allowed to leave the port in Tromso after “a number of investigative steps."
Photo: iStock / imaginima
Xi’s Careful Reply to Trump Tariffs Shows China Has More to Lose
China’s options range from promises to buy more American oil and gas and keeping the yuan stable to delivering on the Phase One deal.
Xi Jinping. Photographer: Oliver Bunic/Bloomberg
Canada Joins Mexico in Achieving a Month’s Delay to Threatened Tariffs
The February 3 announcement came only hours after Mexico negotiated a similar delay.
Photo: iStock/ronniechua
Shein Relaunches in India as Five-Year Ban Ends
India had banned Shein, TikTok and several other Chinese apps in 2020, over claims that China's government had used the apps to steal user data.
Photo: iStock / Robert Way
U.S. Tariffs on Mexican Imports are Paused for a Month
Sheinbaum said that, during a “long” conversation with Trump, they agreed that the U.S. will delay imposing 25% tariffs on goods from Mexico for a month.
Image: iStock/wildpixel
Trump Admin Demands 'Immediate Changes' to Panama Canal Operations
Rubio's office warned that the U.S. would take necessary measures to protect the Panama Canal against China's alleged influence in the region.
Panama Canal, Panama. Photo: iStock / Marina113
Trump Targets Loophole Temu, Shein Used to Take On Amazon
Trump’s decision to end de minimis tariff exemptions is expected to hit a fast-growing market segment.
Photo: iStock / Robert Way
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