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Global Trade & Economics: Page 124

U.S. Increases Number of Chinese Tech Companies Subject to Export Controls

The addition of the companies to the “entity list” means that U.S. tech vendors will be denied export licenses for sales to them.

Photo: iStock / niphon

ILA Lauds Trump Pick for Labor Secretary

Teamsters president Sean O'Brien was also reportedly among those pushing Trump to tag Chavez-DeRemer to lead the Department of Labor.

Photo: iStock / The Bold Bureau

Panama Bars Six Ships From Flying its Flag After U.K. Sanctions

The de-listing follows a pledge by Panama’s maritime authority in October to penalize vessels sanctioned by the U.S., European Union, U.K. and United Nations.

A tugboat navigates a container ship into the Culebra Cut from the Chagres River near Gamboa, Panama. Photo: Walter Hurtado/Bloomberg

Williams-Sonoma Lays Out Roadmap in Case of Trump Tariffs

CFO Jeff Howie Howie says that Williams-Sonoma has reduced the percentage of goods it sources in China from 50% to 25% over the last few years.

Photo: iStock / tupungato

Can U.S. Manufacturers Harness Trump’s Protectionist Policy?

To adapt to shifting trade policies, U.S. manufacturers should focus on supply chain resilience, cost-efficient production through automation, and recurring revenue through monetization and servitization.

Photo: iStock / niphon

Trump Threatens BRICS Nations with 100% Tariffs

BRICS nations have talked about the idea of a new common currency to reduce their reliance on the American dollar for years.

Photo: iStock / olya_steckel

Some ‘Italian’ Tomato Puree Products in U.K. Supermarkets Come from China

Most Chinese tomatoes come from the Xinjiang region, where their production is linked to forced labor by Uyghur and other largely Muslim minorities.

Photo: iStock/esilzengin

Canadian Border Minister Says New Measures Are Imminent After Trump Meeting

Trump said on social media on November 30 that Trudeau “has made a commitment to work with us” to impede drug trafficking.

Dominic LeBlanc. Photographer: Dean Casavechia/Bloomberg

Mexico’s President Says She’s Sure Country Can Avoid U.S. Tariffs

The U.S.’s No. 1 trade partner has a plan if Trump does impose tariffs, but Sheinbaum says she doubts it will be necessary to implement.

Claudia Sheinbaum. Photographer: Stephania Corpi/Bloomberg

Mexico Threatens to Bite Back Against Trump Tariffs

President Claudia Sheinbaum warned that the proposed 25% import tariffs on all goods entering the U.S. would result in mutually assured economic destruction for both countries.

Image: iStock/wildpixel

Chinese EV Companies Push Suppliers to Slash Costs

According to a companywide email from BYD executive vice president He Zhiqi, a "decisive battle" is underway across China's EV market.

Photo: iStock / Young777

VW to Sell Xinjiang Facilities

The carmaker's joint-venture assembly plant in Urumqi, the capital of Xinjiang, designed to build gasoline-powered cars, was also losing money.

Photo: iStock.com/Andrii Koval

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