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Global Trade & Economics: Page 82

AstraZeneca Vows to Commit $50B to U.S. Drug Manufacturing

A number of other drugmakers have rolled out similar plans to ramp up U.S. manufacturing in recent days, in the face of continued pressure from the Trump administration.

Photo: iStock / SweetBunFactory

GM Says Tariffs Cost $1.1B in Q2

In June, GM announced plans to invest $4 billion over the next two years into three U.S. auto plants in Michigan, Kansas, and Tennessee.

Photo: iStock / JHVEPhoto

U.S. Container Volumes Set for Sharp Reversal on Tariff Disruption

The volume weakness is reflected in spot rates for containers transported to the U.S. West Coast from China, which have dropped for five straight weeks.

Shippers are also contending with U.S. measures beyond the barrage of levies. Photographer: Tim Rue/Bloomberg

EU Takes Aim at Shein and Temu Over Flood of Unsafe Products

A report from the European Parliament revealed that the majority of unsafe and illegal products shipped into the EU come in small parcels shipped directly to consumers by Chinese retailers.

Photo: iStock / Jian Fan

Tariffs Drive 'Market Recalibration' at Port of Oakland in June

The Port of Oakland handled more than 168,000 TEUs in June, down roughly 10% from May.

The Port of Oakland in Oakland, California on October 26, 2011. Photo: iStock.com/hanusst

U.S. Beef Prices Soar to Record Highs

According to data from the USDA, beef prices have jumped by nearly 9% since January, with steak up a whopping 12.4% over the last year.

Photo: iStock / Hitra

Stellantis Says Tariffs Contributed $350M to 2025 First-Half Losses

Although Stellantis has manufacturing plants in the U.S., it also manufactures vehicles in the U.K., Europe, Canada, Mexico and South America.

Photo: iStock / jetcityimage

EU to Prepare Retaliation Plan as U.S. Trade Stance Hardens

A growing number of EU member states want the bloc to activate its most powerful trade tool, the so-called anti-coercion instrument (ACI), against the U.S.

A container vessel navigates through the Port of Rotterdam. Photographer: Pierre Crom/Getty Images

U.S. Solar Makers File Trade Petition Against India, Indonesia

The latest trade case adds new uncertainty to a U.S. solar industry hit by tariffs and moves by President Donald Trump to arrest the growth of renewables.

Photo: WangAnQi, iStock

U.S. Corn Industry: Coca-Cola's Rumored Switch to Cane Sugar 'Doesn't Make Sense'

Corn Refiners Association president John Bode was critical of a Coca-Cola's rumored switch to cane sugar, claiming that it "doesn't make sense."

Photo: iStock/Juanmonino

Alcoa Says Trump Tariff Added $115M in Aluminum Costs

Alcoa’s latest toll from tariffs is about six times more than in the first quarter, when the Pittsburgh-based firm said the levies had cost it an additional $20 million.

Photo: iStock.com/wariggd

Report Alleges Ties Between Illegal Cattle Ranching and Luxury Fashion Brands

Although cattle ranching is outlawed in Indigenous territory under Brazil's Constitution, the country's Pará state experienced the highest level of forest loss of all Brazilian states between 2001 and 2024.

Photo: iStock / luoman

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