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Global Trade & Economics: Page 123

Made in America? Look Under the Hood

For example, the F-150 pickup truck has only 24% of its components made in the U.S, and onshoring production would take many years.

Photo: iStock/RoschetzkyIstockPhoto

India Port Workers Protest Ahead of Planned Strike

Workers held a series of protests at major ports on December 5, with the union planning for larger demonstrations on December 10.

India's Cochin Port in Kerala. Photo: iStock / Gilitukha

EU Reaches Long-Sought Mercosur Deal Despite French Objections

The two sides similarly reached a preliminary agreement in 2019, but never signed it.

Image: Bloomberg

Mexico, Canada, Exchange Barbs Over Trade with U.S.

Trump has threatened to impose a blanket 25% tariff on both countries when he takes office, unless they secure their shared borders with the U.S.

Photo: iStock/cmannphoto

CMA CGM Tops Transpacific Trade

Maersk’s transpacific market share, is now 13.1% — slightly lower than the same month in 2023 — while its French competitor has 13.2%.

Photo: iStock / Bjoern Wylezich

Best Buy CEO Warns Trump Tariffs Will Hike Prices

According to data from the U.S. International Trade Commission, nearly 25% of U.S. electronics imports came from China in 2023, the most of any country.

Photo: iStock / jewhyte

Businesses Face $20B in 'Swipe Fees' from Holiday Shopping Season

The Merchant Payments Coalition estimates that swipe fees have increased by 50% since the pandemic, and hit a record $172 billion in 2023.

Photo: iStock / Prostock-Studio

Trump Vows to Block Sale of U.S. Steel to Japanese Manufacturer

The proposed sale was first announced in December 2023, and has faced opposition from U.S. Steel union workers and federal leaders alike.

Photo: iStock / joecicak

GM to Take a $5B Hit in Chinese Business

Sales of foreign vehicles in China have been hit by the rise of local automakers, with GM sales slumping 59% in the first 11 months of 2024.

Photo: iStock / JHVEPhoto

After Failure of Talks on Plastic Waste, Calls Made for Binding Agreements

The week-long talks, known as INC-5, ended in a deadlock over objections to the inclusion of cuts to plastic production in so-called ambition countries.

Image: iStock/solarseven

Watch: What Changes Will We See in U.S. Tariff and Trade Policy?

Dan Swartz of Crowe LLP speculates on how the new Trump Administration will impact tariffs on China and other U.S. trading partners, as well as the U.S.-Mexico-Canada Agreement.

What Changes Will We See In Us Tariff And Trade Policy

China Retaliates with Ban on Export to U.S. of Rare Minerals

The U.S. Commerce Department announced December 2 it will expand the list of companies on the so-called “entity list,” and would limit exports of high-bandwidth memory chips to China.

Photo: iStock / narvikk

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Recycled Tagging Fasteners: Small Changes Make a Big Impact

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