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Global Trade & Economics: Page 69

Brazil's Lula Asks Trump to Reduce Tariffs to 10%

The October 6 video call between Trump and Lula their first extended conversation since the former returned to the White House in January.

Photo: iStock / alexsi

India, China to Start Direct Flights as Ties Warm

Diplomatic ties between the longstanding rivals are on an upswing at a time when U.S. tariffs have added to economic uncertainties in the world’s two most populous nations.

Photo: Prakash Singh / Bloomberg

Munich Airport Reopens After Drone Scare

Danish Prime Minister Mette Frederiksen warned that Europe is in the middle of a hybrid war waged by Russia and the continent must arm itself.

Munich Airport. Photo: iStock/Boarding1Now

Germany Says Warship Order Intact Despite ‘Massive Delays’

The delays put Germany in a bind just as European nations pour billions into bolstering their military capability in the face of an increasingly aggressive Russia.

Photo: iStock.com/alzay

U.S. Government to Take Minority Stake in Lithium Miner

The DOE will also take a 5% stake in Lithium America and General Motors' Thacker Pass lithium mining project currently under development in Nevada's Humboldt County.

Photo: iStock / AerialPerspective Works

Navigating Tariffs, Market Uncertainty and the Growing Momentum for Reshoring

Tariffs issue combined with geopolitical risk, rising labor costs overseas, and a desire for greater supply chain resilience are accelerating the push for reshoring.

Photo: iStock/Kenneth Cheung

U.S. Ports Don't Expect Disruptions During Government Shutdown

Without approval from Congress on a new spending plan for the fiscal year that began on October 1, this marks the first government shutdown in the U.S. since 2018-2019.

Photo: iStock / Utima_Gaina

EU to Ramp Up Tariffs on Steel Imports, Mirroring U.S. Duties

The bloc’s steel industry has faced a severe crisis in recent years as it grapples with cheap imports from China and other Asian economies.

Stephane Sejourne. Photo: Bloomberg

China Retaliates Against Impending U.S. Port Fees with New Countermeasures

The countermeasures took effect on September 28, and will remain in place "unless relevant treaties or agreements offer adequate and effective remedies."

Photo: iStock / halbergman

Sudden Ban on Export Sees Nigeria’s Shea Industry Plummet

There is not enough local capacity to process all of the country's harvest, and the ban on exporting shea nuts has led to a collapse in the price of the nuts.

Nigeria accounts for nearly 40% of the world's shea crop. Photo: iStock / luisapuccini

MSC Reaffirms Commitment to Avoid Northern Sea Route

The world’s largest container shipping line gave a number of reasons, including that an increase in Arctic transit traffic could impact the fragile ecosystem of the region.

Stade, Germany. Photo: iStock.com/eyewave

Trump H-1B Visa Fee Opens Door for Germany to Attract Indian Workers

Ackermann highlighted Germany's strong demand for skilled IT professionals, as well as its political stability, in a subtle dig against President Trump's oft-chaotic foreign policy announcements.

Iron tube welding in a factory in India. High efficiency switch welder operating in Raipur, India.

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