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Global Trade & Economics: Page 63

China Tightens Export Controls for Fentanyl Precursor Chemicals

China's Ministry of Commerce will now require manufacturers to get a license in order to export 13 separate chemicals to the U.S., Mexico and Canada.

Photo: iStock / Scukrov

U.S. Ports Facing ‘Goods Recession’ Amid Holiday Lull, Tariff Woes

President Donald Trump’s return to the White House in January kicked off a rollercoaster year for manufacturers, retailers and other U.S. industries dependent on goods from abroad.

Port of Long Beach. Photo: iStock / trekandshoot

Retailers Are Hoping They Made the Right Bets to Prepare for This Year’s Peak Shopping Season

The “mad race” to beat the tariffs, especially on goods from China, loaded up retailer balance sheets earlier this year “more than was comfortable,” says Michael Babbitt of Synovus.

Photo: iStock/af_istocker

Chinese Exports Unexpectedly Slump for First Time Since February

Chinese exports have been resilient until now, as other destinations made up for drops in shipments across the Pacific Ocean.

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

Major Shippers Halt Mali Service Over Insecurity, Fuel Shortage

In recent weeks, jihadists linked to Al-Qaeda have been targeting truckers, especially those carrying fuel into the country.

Bamako, Mali. Photo: iStock/dutourdumonde

Rolex, Partners Group Take Swiss Tariff Plea Direct to Trump

The Swiss government says it was aware of the initiative, but the move may also reflect frustration among businesses after Trump slapped a 39% levy on Switzerland this summer.

Photo: Bloomberg

U.S. Senators Press STB for Careful Review of Rail Mega-Merger

Senators from both sides of the aisle called on the STB to remember its mandate to "preserve long-term competition and ensure efficient, economically viable rail service."

Huntsville, Alabama. Photo: iStock.com/sshepard

Almost Half of U.S. Imports Now Subject to Tariffs

The Times data shows that most imports from the United States’ two closest trading partners continue to qualify for the USMCA trade deal, entering duty-free.

Photo: iStock / wildpixel

Key Takeaways From the U.S. Supreme Court Hearing on Trump Tariffs

U.S. Solicitor General D. John Sauer was repeatedly pressed to defend his contention that the IEEPA gives Trump the authority to impose tariffs.

A television camera set up outside the U.S. Supreme Court on November 5. Photographer: Eric Lee/Bloomberg

France to Ban Shein Over Child Sex Doll Outrage

The Paris prosecutor’s office has opened investigations into Shein, as well as rival online retailers AliExpress, Temu and Wish, over the sale of the sex dolls.

Photo: iStock.com/Robert Way

Tesla China Shipments Drop for the Eighth Time in 10 Months

Tesla shipped 61,497 vehicles from its Shanghai plant in October, down almost 10% from a year earlier, according to preliminary data from China’s Passenger Car Association.

A Tesla store in Colma, California. Photographer: David Paul Morris/Bloomberg

Thaw in U.S.-China Trade Talks Not Expected to Fix Lagging Shipping Demand

With vessel capacity continuing to outpace demand and trade policy still up in the air, carriers are unlikely to see meaningful pricing power return anytime soon.

Photo: iStock / bfk92

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