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Global Trade & Economics: Page 125

Sweden Asks Ship Linked to Cable Breaches to Approach Its Waters

The bulk carrier, Yi Peng 3, is currently anchored just outside of Denmark’s territorial waters, with vessels from Sweden, Denmark and Germany monitoring it.

The bulk carrier Yi Peng 3 anchored in the sea of Kattegat, in Jutland, Denmark, on November 20. Photo: Mikkel Berg Pedersen/AFP/Getty Images via Bloomberg.

Will Trump Tariffs Spell the End of Temu, Shein in the U.S.?

Temu and Shein's viability in the U.S. could rely on whether Biden or Trump opt for meaningful changes to de minimis rules in the coming months.

Photo: iStock / Robert Way

German Steelmaker to Cut 40% of Jobs

The German steel industry already faces pressure from Asian competitors and high energy prices, but the outlook is worsened by threatened tariffs imported into the U.S. by President-elect Donald.

Essen, Germany. Photo: iStock.com/Teka77

War of Words Over Trump Tariffs Heats Up

Trump said the tariffs would remain in place until the two countries clamp down on drugs, particularly fentanyl, and migrants crossing the border illegally.

Photo: iStock/cmannphoto

Nations Gather for Final Talks on Deal to Curb Plastic Pollution

According to data from the UN Environment Programme, 75-199 million tons of plastic pollution can be found in the ocean right now.

Image: iStock/solarseven

Stellantis Mulls Pivoting Away from Mexico Under Threat of Trump Tariffs

Trump has threatened to punish carmakers importing vehicles to the U.S. from Mexico, where Stellantis is expanding a pickup truck plant.

The Stellantis Ram 1500 Revolution electric pickup truck. Photographer: Bridget Bennett/Bloomberg

U.S. to Announce New Restrictions on Exports to China

The new regulations could add as many as 200 Chinese chip companies to a trade restriction list that prohibits most U.S. suppliers from shipping goods to the targeted firms.

Photo: iStock / William_Potter

Russia Supplies North Korea with Oil, Breaking Sanctions

UN sanctions ban countries from selling oil to North Korea, except in small quantities, in an attempt to repress its economy to prevent it from further developing nuclear weapons.

Photo: iStock/Oleksii Liskonih

U.S. Retailers Raise Alarm Over Ongoing Red Sea Crisis, Looming Port Strike

November 19 marked a year since Houthi rebels attacked the British-owned Galaxy Leader cargo ship as it moved through the Red Sea, taking its crew hostage.

Photo: iStock / JeanUrsula

Chinese Carrier Detained for Suspected Sabotage of Telecom Lines

Investigators say that the Chinese bulk carrier Yi Peng 3 left a Russian port on November 15, and was passing through the area of each cable at the time they were damaged.

Photo: iStock / imaginima

Port of Los Angeles Sees Sustained Import Surge Ahead of Tariffs

This year, the LA and Long Beach ports, which together account for roughly a third of all U.S. container imports, have seen their busiest ever peak season.

Cranes reflected in a boat window at the Port of Los Angeles in Wilmington, California. Photographer: Eric Thayer/Bloomberg

Back to (North) America: Companies Reassess Their Supply Chain Strategies

An increasing number of major companies are shifting manufacturing back to the U.S. and nearby Mexico in response to a volatile global supply chain landscape.

Photo: iStock / Amanda Wayne

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