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Global Trade & Economics: Page 142

East Coast Dockworkers Halt Labor Talks Amid Looming Strike Threat

The ILA claims that the use of an "auto gate" system at the Port of Mobile, Alabama violates its current union deal.

Port Of Mobile, Alabama. Photo: iStock.com/sframephoto

Possible Canada Border Agent Strike Delayed as Negotiations Continue

A work-to-rule strike from border agents would have wide-ranging impacts on billions of dollars worth of trade in and out of the country.

Photo: shaunl, iStock

Volvo Is Shifting EV Production to Belgium From China

China has accused the EU of working to “suppress” Chinese companies and said it will take action to safeguard its interests.

Photo: Sjo, iStock

Global Trade Is on the Rebound. Are Suppliers Getting the Benefit?

A “rebound” in global trade is underway, and the U.S. and China are the big beneficiaries, according to a new report. For suppliers, however, the news isn’t all good.

Image: iStock.com/thitivong

Germany May Pause Supply Chain Law For Two Years

A pause may be needed to ease the bureaucratic burden on companies until a European directive takes effect, Economy Minister Robert Habeck said.

Photo: iStock.com/Dina Ivanova

U.S. Seeks to Increase Pressure on Houthis in Threat to Yemen-War Truce

Leaders in Washington, D.C. have been striving to broker a cease-fire deal in Gaza for several months, with limited success.

Suez Canal, Egypt. Photo: Bloomberg

EU Nears Decision on New Tariffs For Chinese EVs

China has signaled that it plans to retaliate against any new EU tariffs with a 25% tax of its own on cars imported from Europe.

Photo: iStock

Auto, Steel Groups Urge Canada to Match U.S. Tariffs on China

Prime Minister Justin Trudeau and other Canadian officials have said they are monitoring the American tariff policy, but have not committed to following suit.

A 2024 Tesla Model 3 during the Montreal Electric Vehicle Show in Montreal. Photographer: Graham Hughes/Bloomberg

U.K. Clothing Exports Take Nosedive Since Brexit

Exports of clothing and footwear from the U.K. to the EU have dipped from £7.4 billion ($9.4 billion) in 2019 to £2.7 billion in 2023.

Photo: narvikk, iStock

CBP Intensifies Scrutiny of E-Commerce Shipments

Typically, the U.S. will allow shipments valued under $800 — known officially as Type 86 entries — to be imported without tax or duty payments.

Photo: gorodenkoff, iStock

'Clock Ticking' on Potential Canada Border Agent Strike

The Canada Border Services Agency — made up of over 9,000 border workers — previously set a June 6 deadline to reach a collective bargaining agreement.

Photo: MayaCom, iStock

EU Cracks Down on Temu Over Counterfeit Product Concerns

Temu has until the end of September to provide the EU with a risk assessment report on the sale of counterfeit goods and illegal products.

Photo: Robert Way, iStock

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