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Global Trade & Economics: Page 44

Port of Los Angeles Imports Slump in January

Seroka noted that despite the trade war uncertainty, “purchase orders that go out three months in advance to Asia look stable, a good sign.”

Photo: Eric Thayer / Bloomberg

No End in Sight for Trade Turbulence in 2026

A pending Supreme Court case and upcoming USCMA talks continue to cloud the outlook for tariffs and trade in 2026.

Photo: iStock / jonathanfilskov-photography

Trump Admin Unveils Plan to Revive U.S. Shipbuilding

The administration says it will look to focus on special loans and tax breaks for American shipbuilders, as well as workplace development initiatives for U.S. mariners.

Photo: iStock / Lim Weixiang - Zeitgeist Photos

Iran Temporarily Closes Strait of Hormuz

The closure comes as the U.S. and Iran hold the second round of negotiations in Geneva, Switzerland, to discuss Iran's nuclear program.

Photo: iStock / PeterHermesFurian

Hapag-Lloyd to Buy Competitor Zim in $4.2B Deal

There’s been increased consolidation pressure in the industry due to a slump in freight rates during the pandemic, when carriers ordered a record number of ships to meet demand.

ZIM Integrated Shipping Services freight containers. Photographer: Aaron McKenzie Fraser/Bloomberg

China to Grant Zero‑Tariff Access to 53 African Nations From May

China will also push ahead with common development economic partnership agreements, and further expand market access for African products entering China.

Image: iStock/Anastasiia_Guseva

U.S. Forces Board Second Sanctioned Oil Tanker in Indian Ocean

The U.S. imposed in December what the Trump administration has described as an energy quarantine, deploying its Naval fleet to cut off Venezuela’s oil exports.

Veronica Iii Bloomberg

EU Will Pursue Policy to Protect Business Verticals

European Council president António Costa said sectors such as defense, space, clean tech, quantum, artificial intelligence and payment systems required protection.

Photo: iStock.com/AlxeyPnferov

Former Karaoke Company Drags Logistics Into the ‘AI Scare Trade’

Wall Street has become so jittery about AI that just a whiff of possible disruption is enough to send entire sectors over a cliff.

Photo: iStock.com/solarseven

Data Centers Fuel Surge in U.S. Electricity Prices

Analysts believe that data centers will make up 40% of electricity demand growth over the next decade, while household electricity prices will rise by another 6% through 2027.

Photo: iStock.com/Nikada

CK Hutchison Threatens Legal Action Over Panama Canal Port Dispute

The Hong Kong firm also that it was planning to take further steps to protect its rights and interests at the two ports situated at either end of the Panama Canal.

Photo: iStock / Ceri Breeze

Eddie Bauer Operator in U.S. and Canada Files for Bankruptcy

The Washington state-based company detailed its challenges with rising inflation, changing consumer behaviors, the closure of a loophole for cheap imports, and higher tariff rates.

Photo: iStock / RiverNorthPhotography

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