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Global Trade & Economics: Page 128

EU Imposes Tariffs on China EVs, Risking Retaliation

It’s possible officials in Beijing opt to withhold any immediate reaction to the new EU tariffs while they wait for the results of the U.S. elections.

Photo: Bloomberg

Albania Prosecutors Order Seizure of Shipping Containers Carrying Illegal Toxic Waste

Seattle-based Basel Action Network sounded the alarm that more than 800 tons of electric arc furnace dust were being illegally transported after the group received a tipoff.

Photo: Thierry Monasse, Getty Images via Bloomberg

VW Plans to Close German Factories for First Time in Company's History

The German automaker also plans to downsize its remaining plants, reduce worker salaries by at least 10%, and freeze pay raises for the next two years.

A Volkswagen plant in Mosel, Germany. Photo: iStock / aquatarkus

Reeves to Embrace Tory Legacy by Creating More U.K. Freeports

While Freeports disappeared in Britain almost a decade ago, they were revived by consecutive Conservative Party administrations in the aftermath of Brexit.

The Port of Southampton, U.K.. Photographer: Luke MacGregor/Bloomberg

Mercedes Pledges Cost Cuts After China Slump Hits Margin

The results are a blow to the core of Mercedes’ strategy to help fund its transition to an all-electric future.

Mercedes’ third quarter revenue was €34.52 billion ($37.4 billion), down around 7% from the same period last year. Photographer: Wolfram Schroll/Bloomberg

EU Considers Tariff Hikes on More Russian Agricultural Goods

Several EU member states eager to limit Moscow’s revenues have been urging the bloc to impose sweeping levies on agricultural and fish imports from Russia.

Russia is the world’s biggest exporter of fertilizers. Photo: Andrey Rudakov/Bloomberg

U.S. STB Approves Transaction That Creates Rail Link Between Mexico, U.S. South

The acquisition by CSX and CPKC will create a new interchange in Alabama that will connect shippers in Mexico, Texas and the Southeast U.S.

ATHENS, GEORGIA, U.S.A. - Jan 21, 2019: A railroad employee holding a walkie-talkie leans out from a CSX railroad locomotive, looking ahead up the track.

U.K. Warns of Threat to Grain Supply After Russia Steps Up Attacks on Ships

Russia has been targeting Kyiv’s export infrastructure since the 2022 invasion, with strikes on its ports in the Black Sea and on the Danube.

The destroyed hatch of a grain cargo ship at the Black Sea port of Constanta in Romania Sept. 19, 2024. Photographer: Daniel Mihailescu/AFP/Getty Images via Bloomberg.

How to Deploy Multi-Tier Supply Chain Intelligence for Resilience

Multi-tier supply chain intelligence has the potential to strongly enhance the resilience of the supply chain, making it an invaluable asset to organizations.

Photo: iStock / metamorworks

U.S.-Mexico Freight by Value up 4.2% YoY

Freight traffic between the U.S. and its neighbors is increasingly via truck, Bureau of Transportation Statistics figures show.

Photo: iStock/grandriver

China EV Exports to EU Soar Ahead of Incoming Levies

EU member states voted on October 4 to impose new tariffs of up to 35%, with 10 countries including France, Italy and Poland in favor of the measure.

BYD Co. E5 electric vehicles in taxi livery at a lot in Shenzhen, China. Photographer: Qilai Shen/Bloomberg

UN Report: Future-Proofing Supply Chains a 'Strategic Necessity'

The UNCTAD's report released on October 22 found that container trade measured in tons of cargo grew by just 0.3% in 2023.

Photo: iStock / Bjoern Wylezich

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