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Think Tank
Global Trade & Economics: Page 140
Japan Imposes Sanctions on China-Based Firms For Supporting War in Ukraine
Japanese Prime Minister Fumio Kishida, Tokyo has adopted a tougher stance against Moscow than any other leader in Asia, with most of them declining to take sides in the war.
Automobile Seller Fined for Selling China-Made Cars as Italian
The news comes as Italy and the European Union as a whole are cracking down on cars produced outside the trading bloc.
Chinese Carmakers Call for 25% Tax on Large European Cars
The companies made the demand in a closed-door meeting with Beijing’s Ministry of Commerce on June 18.
Drone-Sinking of Coal Ship Takes Red Sea Perils to New Level
Yemen’s Houthi militants managed to strike the
MV Tutor
with a seaborne drone, killing one crew member and injuring others.
Amazon Ditches Plastic Air Pillow Packaging in North America
As of June 20, the company says it's replaced 95% of its plastic pillows with recyclable paper fillers at its North America fulfillment centers.
U.S. Lawmakers Look to Bar CHIPS Act Winners From Using Chinese Tools
Under a newly-proposed bill, companies such as Intel Corp. would be barred from buying chipmaking gear from entities owned or controlled by China.
State of Logistics Report: More Climate-Driven Shipping Disruptions to Come
Kearney's annual State of Logistics report estimates that sea level rise and inland flooding could cost the logistics industry billions annually by 2050.
Canada Border Agents to Vote on New Labor Deal by July 4
Details of the deal were released on June 14, with border agents getting a 14.8% wage increase over four years, retroactive to June 2022.
The Impact of Biden’s Tariff Increases on U.S. Economy
China is likely to respond to President Biden’s increases in tariffs on Chinese imports, including electric vehicles, in several ways.
China Investigates Possible Tariffs on EU Pork Products
Europe exported more than €2.5 billion ($2.7 billion) worth of pork into China in 2023, according to EU customs data.
Malaysia to Get New $425M AI-Powered Port Near Kuala Lumpur
The new port will use AI systems will also analyze traffic data to plan ship movements and automate logistics.
Houthi-Stricken Cargo Carrier’s Crew Abandons Ship Due to Fire
The Iranian-backed militants struck the
Verbena
, a Ukrainian-owned, Polish-operated ship, in two missile attacks on June 13.
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