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Global Trade & Economics: Page 117

CBP Moves to Close 'De Minimis' Loopholes

CBP estimates that 77% of de minimis shipments in 2023 would have been assessed additional duties had they been subject to the restrictions outlined in the new rules.

Photo: gorodenkoff, iStock

Houthis Release Crew of Galaxy Leader Cargo Ship

The crew of the ship — which includes mariners from at least five countries — had been held captive by Houthis in Yemen since November 2023.

Image: iStock/bogdanserban

China Pushes for Common Ground on Global Trade

Although he stopped short of directly addressing Trump's vow to impose hefty tariffs against China, Vice Premier Ding warned that a "trade war has no winners."

Photo: iStock / hamzaturkkol

Houthis Say They Plan to Scale Back Attacks in Red Sea

Houthi attacks in the Red Sea date back to November 2023, when rebels attacked the British-owned Galaxy Leader cargo ship and seized its crew.

Photo: iStock / IgorSPb

Tariffs, Panama Canal Threats Headline Start of Trump's Second Term

Trump signed more than 200 executive orders within hours of being sworn in, including one that requires federal agencies to conduct a review of U.S. trade policies.

Photo: iStock / JannHuizenga

Supply Chains Shift as Companies Adapt to Looming Trump Tariffs

As Trump's trade policies take hold, businesses will be faced with the choice between diversifying their supply chains, or building up inventories to get ahead of tariffs.

Photo: iStock / wildpixel

IMF Raises Global Economic Growth Forecast on Stronger U.S. Demand

The effect of Trump's threatened tariffs could be more severe than in his first term, with higher inflation expectations globally.

Outside the International Monetary Fund headquarters in Washington, DC. Photographer: Al Drago/Bloomberg

Iron Ore Shipments from Top Australian Port Hit Annual Record

Exports of the steelmaking material from Port Hedland in Western Australia reached 47.6 million tons in December.

Iron ore falls onto stockpiles at the Fortescue Metals Cloudbreak mine in Western Australia. Photo: Carla Gottgens/Bloomberg

U.S. Shoppers Set Record for Holiday Spending in 2024

Between November and December, seven of nine retail categories tracked by the U.S. Census Bureau also saw year-over-year gains in total sales.

Photo: iStock.com/Poike

Economic Risks and Outlook for International Business in 2025

The global economy is on track for a soft landing in 2025, a scenario characterized by stable growth and managed inflation risks.

Photo: iStock/Diego Thomazini

Podcast | Can Mexico Sustain Its Nearshoring Boom?

Can Mexico keep attracting manufacturers in a time of political and economic uncertainty?

Photo: iStock / natatravel

Biden Issues Executive Order Bolstering U.S. Cybersecurity

Although the goal is to guard the U.S. against any and all cyberattacks, Biden singled out China as the "most active and persistent threat."

Photo: iStock.com/PUGUN SJ

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