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Global Trade & Economics: Page 255

Europe’s Recovery Choices Will Leave It a Year Behind the U.S.

President Biden’s $1.9 trillion stimulus bill, if congressional leaders pass the full amount, would take his administration’s spending in 2021 to more than three times as much as euro-area countries have planned.

Photo: Bloomberg

Watch: Will the New Stimulus Package Save Struggling Businesses?

A look at the latest economic stimulus package, proposed by the Biden Administration and being shepherded through a divided Congress, with John Rosen, adjunct professor and director of The Liberty Initiative in the Pompea College of Business Economics Department at the University of New Haven.

Will the New Stimulus Package Save Struggling Businesses?

Industry Groups Welcome Biden’s Supply-Chain Executive Order

Manufacturing and telecommunications industry groups are celebrating President Biden's order aimed at improving U.S. supply chains to reduce reliance on foreign-made products.

China Is Both a Rival and a Partner, Says Biden Trade Nominee

President Biden’s nominee for trade chief is pledging to work with allies to take on China while also embarking on a pragmatic approach to the Asian nation, saying it’s both a rival and partner whose cooperation the U.S. needs to address global challenges.

Photo: Bloomberg

Ocean Cargo Snarls Force Global Commerce to Look Outside the Box

An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers to scramble for cheaper solutions.

Source: Bloomberg

Chip Crisis Baffles Congress in a World Where U.S. Output Lags

Lawmakers hoping to revitalize U.S. semiconductor manufacturing in response to a global chip shortage will find it tough to do in the near term, even if Congress throws billions in cash subsidies at the problem.

Photo: Bloomberg

Watch: Freight-Spend and Shipment Trends in Q4 2020

Bobby Holland, vice president and director of freight data solutions with U.S. Bank, reports improved results for the number of freight shipments and amount spent by shippers in the fourth quarter of 2020.

Freight-Spend and Shipment Trends in Q4 2020

Ocean-Cargo Boom Fuels $10 Billion Spree for New Container Ships

Some of the world’s largest container-shipping lines are ordering new vessels amid surging demand for ocean-cargo services, giving a long-awaited boost to the outlook for shipyards in Asia.

0207 Commodity Shipping

Why It’s So Hard for the Solar Industry to Quit Xinjiang

Chinese solar companies are among 175 around the world that signed a non-binding pledge by a U.S. trade group to avoid forced labor. It will be much harder for them to actually cut ties with Xinjiang, the western China region facing increasing scrutiny for human-rights abuses.

Source: Bloomberg

Global Shipping Turmoil Expected to Calm Down by Mid-Year

Trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to ease after the first quarter, Maersk said — disappointing investors but signaling eventual relief for cargo shippers.

Photo: Bloomberg

Watch: Agriculture Exporters Have a Beef With Ocean Carriers

Peter Friedmann, executive director of the Agriculture Transportation Coalition, describes the “transportation crisis” that exporters are facing today, as they struggle to secure containers for their shipments to Asia.

Agriculture Exporters Have a Beef With Ocean Carriers

Battery Trade Dispute Could Test Biden’s Green Policy Plans

The Biden administration’s first test of its climate change policy could come this week in a legal dispute over battery components seen as key to growing electric vehicle adoption in the U.S.

Source: Bloomberg

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