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Global Trade & Economics: Page 38

German Chancellor Rebukes Trump for Lifting Russian Oil Sanctions

Both Germany and France objected, saying that allowing Russia to sell its oil to countries that previously imposed sanctions would increase the money available for Russia’s war in Ukraine.

Photo: iStock.com/Andrii Zorii

Costco Customer Sues Company for Tariff Refund

The lawsuit cited a Goldman Sachs report that found that consumers had shouldered more than two-thirds of President Donald Trump's tariff costs over the last year.

Photo: iStock / slobo

Strait of Hormuz Closure Continues to Drive Surge in Oil Prices

Any prolonged closure of the Strait of Hormuz threatens to tighten global energy supplies with each passing day.

Photo: iStock / peshkov

U.S. Weighs Plan to Waive Jones Act in Bid to Tame Spiraling Fuel Prices

The 30-day exemption, which is still being developed, is set to apply broadly to vessels moving oil, gasoline, diesel, liquefied natural gas and fertilizer among U.S. ports.

Photo: Bloomberg

EU Rejects U.S. Trade Probe Allegations of Market Overcapacity

The commission’s comments come hours after the U.S. launched a probe into major trading partners, including the EU and China.

Photo: iStock / Dmytro Varavin

Watch: Does Reshoring of Manufacturing Still Make Sense?

Eric Baker, partner in FBT Gibbons’s Private Equity & Venture Practice, discusses whether reshoring and nearshoring efforts are in limbo due to current geopolitical strife.

Does Reshoring Of Manufacturing Still Make Sense

Supply Chains Strain to Cope with the Effects of Iran War

With tanker traffic through the strait dropping by 90%, it's not hard to draw a straight line between the ongoing conflict and widespread supply chain disruptions.

Photo: Aaron Schwartz / Bloomberg

Legal Fight Reopens Over Trump’s Push to Tax Low-Value Imports

Trump’s executive orders halting the exemption cite the same national emergencies he relied on in imposing the tariffs struck down by the Supreme Court.

Photo: iStock/alvarez

Maersk Says it Will Pass War Costs on to Customers

Since the U.S.-Israel war with Iran began, transportation through the vital Strait of Hormuz route has come to a standstill, briefly driving oil prices up close to $120 a barrel.

Photo: iStock / peshkov

China’s Cosco Halts Panama Port Operations as Tensions Rise

The Balboa port is one of two terminals along the strategic Panama Canal that have become a flashpoint in the rivalry between the U.S. and China.

The Port of Balboa in Panama City. Photographer: Walter Hurtado/Bloomberg

Explained: How Trump Can (Try to) Impose Tariffs

One way or another, there is likely to be a slew of lawsuits against any and all of the new tariffs.

Trade War Tariffs I Stock Marc Bruxelle 2209181055

Late Payments Rise as Suppliers Trade Discounts for Cash

Suppliers reported that just 37% of invoices were paid on time in 2025, down from 42% the previous year, and from 54% in 2019.

Photo: iStock.com/AntonioSolano

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