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Global Trade & Economics: Page 29

Rerouted U.S. Imports Avoiding Trump’s Tariffs Top $300B

House Ways and Means Committee Chairman Jason Smith said that trade policy isn’t always incentivizing an American manufacturing renaissance.

Photo: iStock/JannHuizenga

India Expands Russian Ship Insurance Access to Keep Oil Flowing

India expanded the pool of approved Russian providers, alleviating the shortage of insurers to provide the liability coverage tankers carrying Russian oil need to legally enter its ports.

India's Port of Mumbai. Photo: iStock / mgstudyo

Pricier Condoms Show War Is Impacting Cost of Nearly Everything

The surge in condom costs underscores how the Middle East war is disrupting virtually every aspect of life for consumers.

Condoms on the production line at a Karex Bhd. facility in Port Klang, Selangor, Malaysia. Photographer: Samsul Said/Bloomberg

Germany Halves Growth Forecast for 2026 After Hit From Iran War

The German economy has been buffeted by the U.S. tariff offense and the increasing competitiveness of Chinese companies in core export industries.

German Economy Minister Katherina Reiche in Hannover on April 20. Photo: Bloomberg

War Shortage of Helium Looms for Hi-Tech Manufacturers, Others

There are only 14 helium refineries worldwide, and helium supply was already rapidly shrinking before the current interruptions to sources in Qatar.

Photo: iStock/scanrail

IMO Prepares Hormuz Evacuation Plan for Hundreds of Ships

Around 800 ships remain stuck in the Persian Gulf after traffic through the Strait of Hormuz slowed to a trickle following the outbreak of the war.

Photo: Bloomberg

U.S. to Partner with Philippines on Industrial Hub

The new "economic security zone" — described as the first of its kind — will be used as the first node in a larger global industrial network.

Photo: iStock / Oleksii Liskonih

DOJ to Open Price-Fixing Probe into U.S. Meatpackers

The DOJ's probe will reportedly center around allegations that the four companies colluded to agree on shared pricing benchmarks for purchasing deals made with cattle ranchers.

Photo: iStock / Hitra

Alaska Airlines Withdraws Profit Forecast as Fuel Crisis Deepens

Alaska Airlines is bracing for a $600 million increase in its fuel costs for the second quarter of 2026, and expects to pay as much as $4.75 a gallon in April.

Photo: iStock / kameraworld

U.K. Gas-Pump Thefts Skyrocket as Prices Rise

Since the conflict began, the cost of filling a typical family car with petrol has risen by £14 ($18.20), while a typical tank of diesel has gone up by about £27.

A gas station at U.K. supermarket chain Morrisons. Photo: iStock/Ray Orton

Carney: U.S. Ties Now a Weakness Canada Must Fix

"The U.S. has changed, and we must respond," Carney said in a 10-minute address posted to YouTube.

Photo: iStock / Oleksii Liskonih

U.S. Tariff Refund Applications Start April 20

The administration launched the CAPE digital claims system, which they said in court filings could handle about 63% of affected import filings, with the remainder to follow.

The U.S. Supreme Court in Washington, D.C. Photo: iStock/Sean Pavone

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