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Global Trade & Economics: Page 31

UN Awaits Go-Ahead to Move Fertilizer Through Hormuz Strait

The intensifying standoff over the Strait of Hormuz has revived the push to open a safe shipping route for fertilizer and other goods to prevent a humanitarian crisis.

Photo: iStock/Sjo

Majority of U.S. Farmers Can’t Afford the Fertilizer They Need

Rising input costs tied to the conflict in the Middle East are adding strain to an already challenging farm economy, said the American Farm Bureau Federation.

Photo: iStock.com/tntemerson

Preparing for Tariff Refunds Starts with Rebuilding the Data

In many organizations, tariff costs didn't stay neatly contained within import records.

Image: iStock/LPETTET

Japan to Offer Subsidies in Southeast Asia to Counter Oil Prices

Takaichi announced the initiative at a regional forum that included Japan and major Southeast Asian economies such as Thailand, Vietnam, the Philippines and Malaysia.

Sanae Takaichi, Prime Minister of Japan. Photo: Bloomberg

China Introduces New Rules to Discourage Foreign Business Exodus

China is fighting back against what it sees as rising protectionism in the West.

Photo: iStock / Bet_Noire

India’s Trade Gap Narrows as Middle East War Hits Shipments

India is among the economies most exposed to the war in the Middle East, importing about 90% of its crude oil and more than half of its liquefied petroleum gas.

Photo: Bloomberg

Tariffs and Trade Deals: The New Forced Labor Enforcement Playbook

One thing is clear: Tariffs are being used not merely as a punitive measure but as a negotiating tool.

forced-labor-barbed-wire-istock

China’s Export Growth Slowed in March

Economists say impacts from the prolonged Iran war could reduce global demand for Chinese exports going forward.

Port of Shanghai, China. Photo: iStock/dongfang zhao

U.S.-Iran War Could Bring Global Recession, Says IMF

Under the IMF’s “severe” scenario, global growth would struggle to stay above 2%, and inflation would rise to 5.8% in 2026, and 6.1% in 2027.

Photo: iStock.com/solarseven

U.S. Says Six Ships U-Turned in First Day of Hormuz Blockade

No vessels made it through the blockade, which is made up of more than a dozen warships and 10,000 service personnel, according to CentCom.

A cargo vessel near the Strait of Hormuz, on March 22. Source: Getty Images

CBP Lays Out Process for Claiming Tariff Refunds

Importers and authorized brokers should anticipate that valid IEEPA refunds will generally be issued within 60-90 days following acceptance of the CAPE Declaration, CBP said.

Photo: iStock / wildpixel

Port of LA’s Volume Figures Remain Healthy

Between January and March 2026, POLA handled 2.4 million TEUs, down 5% from last year.

Los Angeles, California. Photo: iStock / KKStock

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