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Global Trade & Economics: Page 132

Port of Long Beach Sees Highest Ever Cargo Volumes for Single Month

The Port of Long Beach also saw a 33.9% year-over-year increase in TEUs for August, along with a 40.4% increase in imports.

Port of Long Beach. Photo: iStock / trekandshoot

The Strait of Malacca: A Test of Global Supply Chain Partners

The Strait of Malacca stands as a critical, yet increasingly vulnerable, artery of global commerce.

The Malacca Strait. Photo: iStock / MOHD AZRRY ZAKARIA

Biden Admin Pushes to Curb Flood of Duty-Free Imports from Temu, Shein

Biden's proposal would make it so de minimis exemptions no longer cover any imports subject to current tariffs on a variety of low-value Chinese goods.

Photo: iStock / narvikk

China Asks Its Carmakers to Keep Key EV Technology at Home

China’s directive comes at a time most major Chinese carmakers are looking to localize manufacturing so as to avoid tariffs on Chinese-made EVs.

Workers on the production line of the Zeekr Co. 009 electric luxury minivan in Ningbo, Zhejiang Province, China, on Wednesday, Feb. 22, 2023. Photographer: Qilai Shen/Bloomberg

U.S. Dept. of Commerce Launches Supply Chain Risk Assessment Tool

SCALE allows the U.S. to weigh supply chain risk across the economy, and then provides an in-depth diagnostic assessment of what's driving those issues.

Photo: iStock/sandsun

U.K. Imposes Fresh Sanctions on Russia Shadow Fleet Ships

The ships targeted are all described as “high-volume offenders” — vessels operating around the clock to transport as much Russian oil as possible.

Photo: iStock.com/IherPhoto

AstraZeneca Defends China Compliance In Wake of Staff Detentions

Chinese authorities are looking into the company’s collection of patient data to assess whether it infringed on data privacy laws.

Pascal Soriot. Photographer: Zach Gibson/Bloomberg

U.S. Partners With India to Boost Semiconductor Supply Chain

India's role within the ITSI will start with a "comprehensive assessment" of the country's semiconductor industry, and what it needs for expansion efforts.

Electronic circuit board. Semiconductor motherboard circuit board technology. Mainboard of computer. Integrated semiconductor microchip on green circuit board. Hi-tech industry and computer science.

Maersk Opens New Warehouse Facility in El Paso to Support Cross-Border Logistics

The facility is located five minutes from the Ysleta-Zaragoza International Bridge on the border of El Paso and Ciudad Juárez in Chihuahua, Mexico.

Photo: Maersk

Biden Expected to Nix Sale of U.S. Steel to Japanese Manufacturer

The proposed $15 billion deal was first announced in December 2023, leading to months of scrutiny from the White House.

Photo: iStock / Amanda Wayne

Gartner: Supply Chain Leaders Must Be 'Geopolitically Elastic'

In a survey of 258 supply chain leaders, 88% said that they expect to see a "moderate to very high" positive impact from scenario planning around geopolitical risks.

Photo: iStock / IgorSPb

Colombia Truckers Block Roads in Protest Over Diesel Fuel Prices

The government rolled back years-old subsidies and raised the price of diesel fuel by more than 1,900 Colombian pesos (45 cents) on August 31.

Photo: iStock / RECVISUAL

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