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Global Trade & Economics: Page 85

Red Sea Ship Set Ablaze, Abandoned After Attack Near Yemen

The Houthis began attacking commercial vessels in the Red Sea after Israel launched a campaign against Hamas in the Gaza Strip, disrupting global shipping routes.

Photo: Bloomberg

Argentina: A New Opportunity in Latin America’s Industrial Sector

Argentina, long hindered by currency controls and economic volatility, is emerging with new opportunities in its industrial sector.

Photo: iStock / Hispanolistic

BYD Shelves Plans to Build Major Mexico Car Plant Over Trump’s Trade War

The company remains interested in expanding in the Americas but has no timeline to make a new investment, BYD executive vice president Stella Li said.

Fatal for the competition? Photo: iStock/Robert Way

Trump’s Tariffs Come with an $82B Bill, Says JPMorganChase

The analysis is among the first to measure the direct costs created by the import taxes on employers with $10 million to $1 billion in annual revenue.

Image: iStock/Douglas Rissing

Ocean Carriers Warn of No End in Sight for Global Shipping Logjam

A port operating at 90% of capacity generates a lot of inefficiencies, with increased dwell times that can quickly create delays further down the supply chain.

Cranes at the Port of Virginia. Photo: iStock / Kyle Little

Trump Announces Vietnam Trade Deal with 20% Import Tariff

Some U.S. officials wanted to calibrate tariffs for Vietnam to ensure they’re sufficiently lower than what’s imposed on China, to encourage production to leave that country.

Vietnamese women working in silk factory, Dalat, Vietnam. Photo: iStock/fototrav

Tesla’s China Shipments Rise in June for First Time in 2025

While modest, the year-on-year increase may signal a turning point for the electric vehicle pioneer in China, where it’s navigating a relentless price war.

Tesla plant, Shanghai, China. Photo: Bloomberg

Survey: Surge in Freight Demand Could Stretch Companies to 'Breaking Point'

Tech.co's report found that 63% of freight businesses have seen an increase in demand over the last year, 24% of whom reported a "significant" surge.

Photo: iStock.com/Fahroni

Bottling Plant Strike Could Bring Wine Shortage to U.K.

Encirc's Bristol facility bottles 300 million liters of wine annually, with the company holding a 40% share of the U.K.'s beverage bottling market.

Photo: iStock / Karisssa

Survey: E-Commerce Falters Under Pressure from Trump Tariffs

Americans are reporting a decline in online purchases across nearly all categories for the first time in more than a decade.

Photo: style-photography, iStock

U.S. Auto Sales Lose Steam After Tariff-Induced Shopping Spree

After declining for much of last year, auto prices are on the rise again.

Customers at a dealership in Richmond, California. Photographer: David Paul Morris/Bloomberg

China Eases Ban on Japanese Seafood Imports

Prior to the two-year ban, China was Japan's largest market for seafood, accounting for nearly a quarter of Japan's exports in the sector.

Photo: iStock / helovi

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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