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Global Trade & Economics: Page 201

U.S.-EU Seek Deal on Minerals Used in EVs in Race for Green Investments

Even though opinions have moderated in the EU regarding the effect the IRA will have on European companies, some officials still warn that parts of the law are discriminatory.

Photo: iStock.com/Cunaplus_M.Faba

Survey: Accelerating Reshoring Strategies Will Modernize America’s Manufacturing Industry

Nearly two-thirds of U.S. CEOs agree that there is enough manufacturing capacity in America to address the world’s supply chain concerns.

Image: iStock.com/Foxeel

Tesla Begins Hiring for Mexico Plant as AMLO Meets Executives

The relocation of companies seeking to be closer to U.S. consumers has been a boon to the Mexican economy.

Photo: Bloomberg

U.S.-China Chip War: Netherlands Moves to Restrict Some Tech Exports

Semiconductors, which power everything from mobile phones to military hardware, are at the center of a bitter dispute between the U.S. and China.

Photo: iStock.com/Mykola Pokhodzhay

U.S. Trade Deficit Grows to $68.3 Billion, Widest in Three Months

On an inflation-adjusted basis, exports of consumer goods and motor vehicles and parts climbed to a record.

Photo: Bloomberg

EU Trade Hawks Warn That U.S. Climate Law May Cost Europe Billions

The EU is still working through how to respond to Biden’s huge climate law, the Inflation Reduction Act (IRA), which will offer as much as $369 billion in handouts and tax credits over the next decade.

The battery pack of a Volkswagen ID Buzz electric microbus at the Volkswagen AG factory in Hannover, Germany. Photo: Bloomberg

Best Buy Disappoints With Sales Outlook as Consumers Retreat

The sober forecast echoes the outlooks of Walmart Inc., Target Corp. and Home Depot Inc., which all emphasized uncertainty around consumer spending and the U.S. economy.

Photo: Bloomberg

Reshoring & Reuse: How Circular Manufacturing Can Drive Value for Business and Surrounding Communities

Rooted in three core principles of social responsibility, environmental regeneration, and economic success, circular manufacturing is not just theory anymore.

Photo: iStock.com/Rudzhan Nagiev

New Brexit Trading Rules Could Take More Than Two Years to Fully Implement

Labeling products as “not for the EU” will be one of the most visible changes to result from Brexit in Northern Ireland and the rest of the U.K.

Photo: iStock.com/Tanaonte

Higher Interest Rates and Strong Dollar Slow U.S. Factory Demand

New orders for manufactured goods contracted for the sixth straight month through February, and manufacturing output is down 1.7% from its post-pandemic peak.

Photo: iStock.com/gorodenkoff

Foxconn: iPhone Maker Sees Revenue Slump as Demand Weakens

In November 2022, Apple warned that shipments of its iPhone 14 would be delayed because of the lockdown in Zhengzhou where Foxconn's mega-factory is located.

Photo: iStock.com/hapabapa

Lufthansa Joins Peers in Predicting Travel Recovery This Year

While European household and company budgets continue to get squeezed by high inflation, demand for business travel and summer getaways in particular has remained robust.

Photo: iStock.com/tarasov_vl

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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