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Global Trade & Economics: Page 249

European Companies Plan to Invest More in China After the Pandemic

Nearly 60% of European companies plan to expand their China operations in 2021, up from 51% last year, according to an annual survey.

Photo: Bloomberg

U.S., EU Agree to Trade Deal That Stands Up to China

The U.S. and European Union are aiming to build a broad coalition of Western democracies to challenge China’s hardball tactics in the economic sphere.

European Union and United States flags stand in a row. Photo: Bloomberg.

How Trump’s Trade War Built Shein, China’s First Global Fashion Giant

Shein is upending a $36 billion industry by using a seemingly ingenious combination of supply-chain savvy, data-driven clothing design and tax loopholes that came to the fore during the U.S. and in China trade war.

Shein shopping app. Photo: Bloomberg.

Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys

The costs are already being passed to consumers.

A dockworker monitors a shipping container being loaded onto a freight train at Behala inland port in Berlin, Germany. Photo: Bloomberg.

Problems at Biggest Vaccine Maker Leave World Short on Covid Shots

Around the world, from Bangladesh to Nepal to Rwanda, vulnerable hotspots have been grappling with stalled COVID-19 vaccination programs as they run out of doses. Many of those shortages can be traced back to a single company: The Serum Institute of India.

Photo: Bloomberg

Biden Needs More Than $52 Billion to Counter China in Chips

President Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and preempt a rival effort from China.

An employee inspect wafers using an optical microscope. Photo: Bloomberg.

Biden’s Supply Chain Plan Aims to Boost Medicine, Chip Output

President Biden released a multi-pronged strategy to secure critical supply chains in products ranging from medicines to microchips, and is also weighing a potential trade probe that could result in U.S. tariffs on certain magnet imports.

An employee displays a 300mm silicon wafer. Photo: Bloomberg.

U.S. and EU to End for Good Trump’s $18 Billion Tariff Fight

EU leaders and President Biden will commit to ending outstanding trade battles when they meet next week and promise to remove tariffs related to a steel and aluminum conflict before the end of the year.

A Boeing Co. 777X airplane. Photo: Bloomberg.

Watch: Can We Keep Fragile Supply Chains From Shattering?

John Scannapieco, shareholder and chair of the Global Business Team with the law firm of Baker Donelson, details the frustrations that shippers and freight forwarders are experiencing as they struggle to get products to market.

Can We Keep Fragile Supply Chains From Shattering?

TSMC Construction of Arizona Chip Plant Is ‘Well Underway’

Taiwan Semiconductor Manufacturing Co. said it’s moving forward with plans to build a $12 billion chip plant in Phoenix, a step toward addressing U.S. concerns over reliability and security in the tech supply chain.

Silicon wafers made by Taiwan Semiconductor Manufacturing Co. (TSMC). Photo: Bloomberg.

Extending ESG Best Practices Into the Supply Chain: A Review of Leading Organization Approaches

Supply chain stakeholders are becoming increasingly invested in environmental, social and corporate governance strategies.

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Watch: The State of the EU and Global Trade Policy

David O’Sullivan, Senior Counselor with Steptoe & Johnson LLP, outlines some of the major policy actions and concerns issuing from the European Union today.

The State of the EU and Global Trade Policy

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