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Global Trade & Economics: Page 62

EU Moves Up Timeline to End De Minimis Exemptions

De minimis policies across the globe have allowed Shein, Temu and others to ship products directly from Chinese factories to consumers at prices well below market value.

Photo: iStock/alvarez

Poland’s Tusk Claims Railway Explosion was Act of Sabotage

In the past, Poland has repeatedly blamed Moscow for an alleged increase in the number of cases of sabotage, including a fire that destroyed a shopping mall in Warsaw last year.

Photo: iStock / ewg3D

U.S. Tariffs Crimp Japan’s, Switzerland’s Economies

Japan reached a trade agreement with the U.S. in July, reducing the blanket tariff on Japanese imports to 15%, from an initial 25%.

Photo: iStock / wildpixel

Switzerland Defends Role of Executives in Securing U.S. Trade Deal

The government had had been engaged in intense diplomacy since August, when Switzerland was hit by the highest levy the Trump administration imposed on any developed country.

Swiss chocolate at a supermarket in Geneva. Photographer: Andrew Kravchenko/Bloomberg

Sanctions Blight Arctic Route to China for Russia’s Oil Shippers

The snarls are evidence of how U.S. measures are complicating Russia’s oil trade, while not stopping it.

Photo: iStock.com/Alexey Bakharev

Trump Tweaks Tariffs, More Concessions May Be Coming

The White House has said some imports “might receive a reciprocal tariff rate of zero percent.”

Photo: iStock / franckreporter

Record AI Spending Coincides with Deepening U.S. Job Cuts

Job cuts at U.S. employers rose 175% year-over-year in October, and year-to-date have hit their highest levels since 2003.

Economist Rebecca Patterson speaking at Amazon Business Reshape in Seattle, Washington. Photo: SCB File Photo

U.S. Reissues Some Work Visas for South Korean Battery Plant Workers

At least 30 of the detained workers have gone back to the battery plant, and some are preparing a class-action lawsuit against U.S. immigration authorities over their detention.

Photo: iStock / eyewave

New Truck Tariffs Are Fueling M&A and Supply Chain Rethink

Use today’s upheaval as the prompt to rethink your supply chain’s strategy, and make M&A a core part of how you respond to a fast-changing global market.

Photo: iStock/grandriver

India Approves $5B for Exporters Hit by Harsh U.S. Tariffs

The crippling U.S.-imposed levies have hit labor-intensive sectors such as textiles, leather, footwear, and gems and jewelry the hardest.

Stacked shipping containers at the Jawaharlal Nehru Port in Navi Mumbai, Maharashtra, India. Photographer: Dhiraj Singh/Bloomberg

Port of Seattle Prevails in Zoning Clash With City

The Port of Seattle criticized the council's initiative as "rushed legislation that will directly harm our city's maritime and industrial operations,"

Photo: iStock / Utima_Gaina

U.S. Companies Demand More Tariffs on Goods Containing Steel

The latest requests for tariffs on products with steel elements came ahead of an October 21 deadline set by the DOC, the second consultation in three months.

Photo: iStock/KarpenkovDenis

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