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Think Tank
Global Trade & Economics: Page 120
CMA CGM Resumes Service to Ukraine
Regular box services to Ukraine started in April when the Ukrainian transport and logistics firm Iteris Feeders launched a service between Constanta and Chornomorsk.
Tesla Annual China Shipments From Shanghai Drop for First Time
The shipment numbers are another disappointing milestone for Tesla, whose annual global sales dropped for the first time in over a decade.
Mexico Announces Increased Tariffs on Apparel Imports
The tariffs are seen as a protective measure for the Mexican textile industry, and a way to reduce imports from China, potentially avoiding trade conflicts with the U.S.
Biden Blocks Sale of U.S. Steel to Nippon
Biden announced his decision following a lengthy national security review into the deal, led by the Committee on Foreign Investment in the United States.
Finland Inspects Tanker Suspected of Damaging Undersea Cables
A subsea power link and four data cables were damaged December 25, after
Eagle S
sailed over them on the Gulf of Finland.
China Targets U.S. Companies with New Trade Controls
China's Ministry of Commerce cited a need to "safeguard national security and interests" as the reason behind the new restrictions.
U.S. Dockworkers, Port Employers Set to Restart Talks
The planned talks are a welcome sign for importers and exporters bracing for a labor disruption that would shut every major port on the U.S. East and Gulf coasts.
Egypt Tests New Extension for Suez Canal
The project was brought about following the grounding of the
Ever Given
in 2021, which blocked the waterway for six days and impacted billions of dollars worth of trade.
Threatened U.S. Tariffs Could Wipe Out Company Profits: PwC
Uncertainty regarding whether Trump will actually impose the tariffs he has proposed is a matter of intense speculation.
Chinese Hacker Accesses U.S. Treasury Work Stations
The UST first learned of the breach from third-party software provider BeyondTrust, after the company discovered that a hacker had stolen a security key used for tech support.
Congress Looks to Boost U.S. Shipbuilding Industry
The bill would require 10% of all import cargo into the United States from China to arrive on vessels built, flagged and crewed in the U.S.
Port of Oakland Boasts Strong Finish to 2024
Data released by the port on December 26 shows that full imports increased by more than 13% year-over-year in November 2024.
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