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Global Trade & Economics: Page 24

Facing an Uncertain Future, USMCA Renewal Draws Support From North American Industries

Electrical manufacturers across North America are especially invested in seeing the USMCA renewed.

Photo: iStock/ronniechua

Supreme Court Rules Brokers Can Be Held Liable for Unsafe Trucking Operators

Moving forward, the fallout from this ruling could be significant for shippers, operators and brokers alike.

Photo: iStock/grandriver

U.S. Industrial Production Rises by Most in Over a Year

The 0.7% increase in output at factories, mines and utilities followed a revised 0.3% drop in March, Federal Reserve data released on May 15 showed.

Photo: iStock / Drazen_

DP World Still ‘Bullish’ on Africa Even as War Stokes Inflation

The global logistics giant is continuing its expansion plans for ports and infrastructure from Mozambique to Congo.

Photo: Bloomberg

Cuba's Supply of Oil and Diesel in 'Critical State'

Cuba has dealt with sweeping blackouts in the months since the U.S. started blockading the country's supply of fuel.

Photo: iStock / BirgitKorber

Hormuz Shipping Threats Grow After Ship Seized Near UAE

While Iran has yet to explicitly claim responsibility for the incidents, a senior Iranian official reiterated the country's claim to the Strait of Hormuz.

Photo: iStock / 35007

Jaguar Land Rover Profit Wiped Out by Cyberattack and U.S. Tariffs

JLR was pushing through an ambitious plan to create an entire new lineup of fully electric Jaguar cars when President Donald Trump raised import tariffs for the carmaker’s largest market.

Photo: iStock/Marvin Samuel Tolentino Pineda

Hormuz Oil Flows Fell Nearly 30% Last Quarter

Roughly 14.6 million barrels a day of crude oil and petroleum liquids moved through the strait in Q1 of 2026, down from 20.4 million over that same period last year.

Photo: Bloomberg

U.S. House Passes Bill to Address Rise in Cargo Thefts

The bill was introduced in the House in 2025 to address growing concerns over an increase cargo theft incidents across the U.S.

Photo: iStock / shironosov

Iran Widens Area it Defines as the Strait of Hormuz

The new definition expands the zone from 20-30 miles to roughly 200-300 miles, with Iran stating that it no longer views the strait as a limited area.

Photo: iStock / Dimitrios Karamitros

Tariff Refunds of $35.5B Cleared for Importers So Far

As of May 11, the tool designed to handle claims on the $166 billion in duties that were overturned had validated nearly 87,000 declarations it received so far.

Image: iStock/LPETTET

Japanese Refiner Secures Mexican Oil to Bypass Hormuz Chaos

A shortage of petroleum products in Japan has affected sectors from food production to medical equipment makers.

A crude oil tanker departs the Port of Corpus Christi in Corpus Christi, Texas. Photographer: Eddie Seal/Bloomberg

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