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Global Trade & Economics: Page 87

Rubio Asks China To Stop Iran Closing Strait of Hormuz
China's UN Ambassador Fu Cong said all parties should restrain "the impulse of force... and adding fuel to the fire," according to a state-run CCTV report.
Photo: iStock / HeliRy
Canada Sets Deadline to Hike Steel, Aluminum Tariffs Against U.S.
Starting on June 30, Canada will also begin to limit federal procurement of steel and aluminum to domestic suppliers.
Photo: iStock / Oleksii Liskonih
Shipping on High Alert in Mideast After U.S. Strikes on Iran
European Union’s naval force warned of a severe threat to ships linked to the U.S. and Israel, and a low risk for all other ships.
Strait Of Hormuz Bloomberg
Tesla Set to Open India Showrooms in July With Made-in-China EVs
Five Model Y vehicles have already arrived in Mumbai from Tesla’s Shanghai factory, according to documents reviewed by Bloomberg News.
A Tesla store in Colma, California. Photographer: David Paul Morris/Bloomberg
Maersk Suspends Service at Haifa
The ocean carrier said it had not experienced any further disruptions to its scheduled operations in the region.
Texas Instruments to Invest $60B in U.S. Chip Manufacturing
Like many other such commitments to invest in U.S. operations, TI's announcement includes money already earmarked to either build or expand facilities.
Inside a facility at Sherman, Tx. Photo: Texas Instruments
Nippon Steel Completes Takeover of US Steel
The deal, which was seen as a lifesaver for the struggling, 124-year-old company, ran into trouble during the 2024 presidential election.
Photo: iStock / Amanda Wayne
U.S.-China Tech Fight Widens After Taiwan Blacklists Huawei
Tensions escalated after Taiwan's president President Lai Ching-te was elected last year. Beijing has accused him of seeking independence and destabilizing the region.
Photo: iStock.com/lcva2
VW’s Scout Is Rethinking EV Designs to Cut Rare Earths, CEO Says
Automakers have expressed concern about the availability of rare earths.
Photo: iStock.com/RHJ
Watch: How Tariffs Are Impacting Manufacturing Strategies
In this time of "turbulent tariffs," continuous optimization of the supply chain is imperative, says Dave Salerno, director of 4flow.
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Trump Signs Partial Trade Deal with U.K.
The U.S. agreement is much more limited than the full-fat trade deal that has long been discussed on Downing Street.
Photo: Bloomberg
Tariffs Send At Home Retailer Chain into Bankruptcy
Although At Home is hoping to keep the majority of its 260 stores open, it still plans to shutter at least 26 locations in the months to come.
Photo: iStock / FuzzMartin
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