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Global Trade & Economics: Page 81

Survey: Consumers Pull Back on Spending After Tariffs, End of De Minimis

3PL Radial’s surveys show two-thirds plan to cut spending or shift behaviors.

Photo: iStock / gorodenkoff

Southwest Falls on $1B Profit Cut From Tariff Fallout

Southwest is one of a few companies so far to put a price on the fallout from President Donald Trump’s efforts to reset global trade, inflation and economic uncertainty.

Photo: iStock.com/OntheRunPhoto

Canada’s Boycott of U.S. Liquor Hits Domestic Alcohol Sales

In Ontario, the country’s biggest market, American spirits sales plunged 80% since U.S. products were removed in the province, the analysis found.

Photo: iStock / Smitt

Trade Pact with Japan Deals Blow to U.S. Auto Industry

The deal announced on July 22 sets tariffs on Japanese cars at 15%, down from the 25% rate President Trump had previously threatened to impose.

Photo: iStock / BalkansCat

U.K. and India Seal Free Trade Agreement Slashing Tariffs, Barriers

The pact comes after three years of intense negotiations touching on thorny topics such as visas, tariff reductions and tax breaks.

Keir Starmer greets Narendra Modi at Chequers near Aylesbury, July 24. Photographer: Chris J. Ratcliffe/Bloomberg

CN Rail Chops Forecast as Trade War Hits Commodities, Autos

The company will work with customers in sectors affected by tariffs to help them get access to other markets, the CEO said.

A Canadian National Railway Co. locomotive and rail cars along the connector route at the Port of Prince Rupert in British Columbia. Photographer: James MacDonald/Bloomberg

Russia Black Sea Oil Loading Halted on New Rules, Reuters Says

The setbacks follow changes in rules for ships accessing Russian sea ports after a series of mysterious blasts on oil tankers in recent months.

Photo: iStock / HeliRy

Mobility at the Margins: What Border Crossings Reveal Before Trade Data Does

Real-time insights from border crossings allow companies to re-route shipments, renegotiate supplier terms, or rebalance inventory before the ripple effects settle in.

Photo: iStock/grandriver

Trump Announces Trade Deal with Japan

Japan's prime minister Shigeru Ishiba said his country’s tariff negotiator had received the details of the deal and he would examine them before responding.

Photo: iStock/MicroStockHub

Copper-Laden Ships Race to Reach U.S. Ahead of Trump’s 50% Tariffs

The vessels are among the last batch of copper cargoes whose owners are betting they can clear U.S. customs just before hefty Trump administration tariffs kick in.

The moves in copper mirror what has been happening in other metals. Photographer: Zinyange Auntony/Bloomberg

Climate Crisis Has Caused Food Price Spikes

In Ethiopia, food prices jumped by 40% in March 2023, following the worst drought the Horn of Africa had seen in 40 years.

Photo: iStock / batuhan toker

Coca-Cola to Start Using Cane Sugar in U.S. Soft Drinks

The company laid out its plans to launch a product using cane sugar for its flagship soda in the U.S., but clarified that it will act as a complement to its current offerings.

Photo: iStock / coldsnowstorm

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