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Global Trade & Economics: Page 158

Biden Administration Pausing Several LNG Export Projects

Two senior officials said a recent boom in U.S. LNG exports prompted the need for an analysis of the entire domestic gas market, the U.S. gas industry’s first since 2018.

An LNG carrier vessel. Photo: iStock / nikkytok

Most U.S. Companies Would Prefer Indian over Chinese Suppliers

Over half of the survey participants said that they wanted India to fulfill their supply chain needs over the next five years, rather than China.

Photo: iStock.com/daboost

Qatar Delays LNG Cargoes to South Europe Amid Red Sea Crisis

Since January 15, Qatar has diverted at least six shipments destined for Europe around the Cape of Good Hope in southern Africa.

Chiba Prefecture, Japan. Photo: Bloomberg

Deutsche Bahn Train Drivers Begin Six-Day Strike

The strike actions from the locomotive drivers’ union GDL came after Deutsche Bahn rejected a third labor deal proposal from the organization.

An intercity and a regional train of Deutsche Bahn wait at Halle (Saale) Central Station, Germany, in October 2015. Photo: iStock.com/kmn-network

Impact of Tariffs on the Supply Chain

The impacts of tariff are both beneficial in the short run but could be counterproductive in the long run.

Protective tariffs worked out well in the long run for Harley Davidson. Photo: iStock.com/Johnrob

Number of German Firms Leaving or Considering Leaving China Doubles, Survey Shows

Two percent of the companies surveyed said they were selling off their business operations in China, while another 7% said they were considering a sell-off.

Photo: iStock.com/klenger

Octopus Energy Lines Up to Become German Offshore Wind Developer

The U.K.’s second-largest household energy provider aims to bid in the country’s wind auctions in the “next year or two,” said chief executive officer Greg Jackson.

Copenhagen, Denmark. Photo: Bloomberg

U.S. Lawmakers Demand Tougher Enforcement of China Forced Labor Import Ban

Leaders of the House Select Committee on the Chinese Communist Party wrote in a letter that the Biden administration should work harder to enforce the Uyghur Forced Labor Prevention Act.

Photo: iStock.com/Andrii Koval

South African Supply-Chain Disruptions Far From Over, PwC says

South African companies need to reduce their reliance on supply chains affected by conflict and prioritize domestic sourcing, production and distribution, PWC said.

Photo: Bloomberg

Korean Battery Makers Eye Chile Lithium Projects to Supply U.S.

InvestChile, the South American nation’s foreign investment promotion body, has held meetings with representatives from multiple Korean companies, said the group’s executive director, Karla Flores.

Photo: Bloomberg

Podcast | Who’s Really Paying for Tariffs on Imports of Chinese Goods?

Tariffs on Chinese-made imports are a response to that nation’s unfair trade practices. But who’s footing the bill?

Photo: iStock.com/Bet_Noire

AI Is Helping Protect Healthcare Supply Chains, Study Shows

Forty-four percent of healthcare organizations are using AI to improve customer experiences while another 35% use this technology to forecast consumer demands.

Photo: iStock.com/Chawanakorn Soaim

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