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Global Trade & Economics: Page 95

Adani Gets Modi’s Blessing as It Expands Mega India Port

Modi’s endorsement not only bolsters the port-to-power Adani conglomerate, it also signals that the overhang around the U.S. indictment could be easing for Asia’s second-richest person.

Vizhinjam is expected to facilitate the movement of transshipment traffic into India as well as on the major routes between the U.S., Europe, Africa and East Asia. Photographer: Prashanth Vishwanathan/Bloomberg

Temu Ceases All Exports to U.S. Consumers

The announcement comes on the day the U.S. canceled the de minimis rule.

Photo: Robert Way, iStock

GM Expects to Lose Up to $5B to Tariffs in 2025

Roughly $2 billion in added costs from tariffs are expected to come from vehicles imported into the U.S. from Canada, Mexico and South Korea.

Photo: iStock / JHVEPhoto

May 2 Brings End to Duty-Free Imports from China to U.S.

De minimis imports have surged dramatically since 2018, with China accounting for nearly two-thirds of 2.3 billion duty-free shipments between 2018 and 2021.

Photo: iStock/alvarez

Bank of Japan Lowers Growth Forecast, Citing Tariffs

President Donald Trump’s new taxes on imports — including a 25% tariff on imported cars — are already weighing heavily on the economy.

Photo: iStock/MicroStockHub

'A Fool's Errand': The Fatal Flaw Behind a U.S. Manufacturing Revival

The infrastructure to educate and entice manufacturing workers simply doesn't exist, while the Trump administration has sought to deport the very people who would want those jobs the most.

Photo: iStock / DSCimage

Watch: How Can Tax and Trade Leaders Prepare for Global Tariff Disruption?

A look at the ripple effect of tariffs on trade and tax policy, with two experts from EY: Jeroen Scholten, global trade leader, and Jay Camillo, global operating model effectiveness leader.

How Can Tax And Trade Leaders Prepare For Global Tariff Disruption

Ford to Delay Price Increases to See How Rivals React to Tariffs

Trump on April 29 signed directives to lessen the blow of tariffs he’s enacted targeting the auto industry.

Ford Ceo Jim Farley Bloomberg

EU 'Far Off' Its Goal for Microchip Production

Auditors warned of a strategy that's been far too fragmented, especially given that the EU's 2022 Chips Act had no mandates for coordinated national investments or funding streams.

Photo: iStock.com/Tanaonte

Trump Signs Order Providing Tariff Relief to Automakers

The Trump administration will now allow carmakers who produce and sell completed automobiles in the U.S. to claim an offset worth up to 3.75% of the value of an American-made vehicle.

Honda Motor Co. vehicles bound for shipment at a port in Yokohama, Japan. Cars and car parts account for about a third of Japan’s total exports to the U.S. Photographer: Toru Hanai/Bloomberg

New Port Fees Could Derail U.S. LNG Dominance

Center for LNG executive director Charlie Riedl warned that the fees could raise costs for global buyers, and threaten the United States' position as the world's leading LNG exporter.

An LNG carrier vessel. Photo: iStock / nikkytok

DHL Reverses Suspension of Delivery of Mid-Value Packages

After new U.S. Customs regulations that lowered the threshold for formal entry from $2,500 to $800 were introduced April 5, DHL said it had stopped such shipments to U.S. shoppers.

Chicago, Illinois. March 29, 2022. Photo: iStock.com/JHVEPhoto

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