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Global Trade & Economics: Page 149

U.S. Treasury Secretary Mulls Possible Tariffs on Green Energy Exports from China

Yellen had previously expressed concerns that China's surplus of green technology exports could be hurting American manufacturers.

Photo: WangAnQi, iStock

Taiwan Company to Get Billions in Federal Funds for New Chip Factory in Arizona

TSMC will get $6.6 billion in federal subsidies for a third semiconductor factory in Arizona, set to open by 2028.

Photo: iStock.com/William_Potter

Airfreight Volumes and Rates Boosted by Red Sea Shipping Diversions

Avoiding the Suez Canal is raising volumes at European seaports farther from the conflict, leading to more combined sea-air transport through hubs such as Dubai.

Ismailia, Egypt. Photo: iStock.com/vale_t

South Korea Company Invests $3.9B in New Indiana Chip-Packaging Facility

The new plant will mass-produce high bandwidth memory used for AI computing, and is expected to open sometime in the back half of 2028.

Photo: iStock / William_Potter

U.S. Funds Win Ukraine Court Support in Odesa Grain Terminal Spat

The Odesa region is home to Ukraine’s largest ports, where most of the country’s grain is shipped for export.

Torun, Poland. Photo: Bartek Sadowski/Bloomberg

Taiwan’s Chips Giant Resumes Operations After Deadly Quake

Taiwan’s semiconductor industry has restarted operations as the island begins to recover from its worst earthquake in 25 years.

Rescue teams demolish a collapsed building following the earthquake in Hualien on April 4.

Report: Amazon Plastic Packaging Increased in U.S. Despite Dip in Other Global Markets

The report found that Amazon created 208 million pounds of plastic packaging in the U.S. in 2022, up nearly 10% from the previous year.

Photo: iStock / miromiro

U.S. May Revoke Houthi Terrorist Label If They Stop Red Sea Ship Attacks

“My hope is that we can find diplomatic off-ramps,” President Joe Biden’s special envoy for Yemen told reporters in a press briefing.

Suez Canal, Egypt. Photo: Bloomberg

Chinese Lenders Raise Concerns About $1.3 Billion Peru Port Deal

Peru’s government is trying to revoke a deal that granted China's Cosco Shipping exclusive rights to run the new Chancay Port.

Cosco Shipping's port facility is under construction in Chancay, Peru / Photographer: Paul Gambin/Bloomberg

Watch: Threats and Concerns for Global Shipping in 2024 and Beyond

Lee Smith, global trade attorney at Baker Donelson, reviews the top economic, regulatory and geopolitical concerns of supply chain executives for the coming year.

Threats And Concerns For Global Shipping In 2024 And Beyond

Ships With 240 Tons of Aid Turned Back From Gaza After Airstrike Kills 7 Workers

The charity announced that it would be suspending its delivery of food aid on April 2, all while experts warn that famine is imminent in northern Gaza.

A truck carrying large, canvas-covered humanitarian aid packages at the Israel-Gaza Kerem Shalom border crossing.

Mexico to Halt Some Oil Exports, Further Squeezing Global Market

Petroleos Mexicanos gas canceled contracts to supply its flagship Maya crude oil to refiners in the U.S., Europe and Asia.

Photo: DarthArt, iStock

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