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Global Trade & Economics: Page 99

Trump’s Tariffs Threaten to Unravel Southeast Asia’s Apparel Industry

Retailers that have spent years trying to move their manufacturing out of China have suddenly been left in a world of uncertainty.

Photo: iStock / Liuser

European Pharma Giants Threaten ‘Exodus’ to the U.S.

Pharmaceuticals have so far been exempted from the levies, but on April 8, Trump said he would announce a large tariff on drugs imports “very shortly.”

Part of the Pfizer, Grange Castle complex in West Dublin, Ireland. Photo: iStock/noel bennett

Panama Raises Pressure on CK Hutchison Over Port Deal

In addition to the lapses in required approvals, the audit found that Panama Ports used a series of tax-exempt subcontractors to lower the amount it pays to the government.

The Port of Balboa at the Pacific entrance of the Panama Canal. Photographer: Walter Hurtado/Bloomberg

Watch: Will the Trump Tariffs Plunge the U.S. Into Recession?

Connor Lokar, senior forecaster at ITR Economics, weighs the prospects of a recession resulting from the Trump administration’s latest round of tariffs — as well as the probability of a Great Depression occurring in the next decade.

Will The Trump Tariffs Plunge The Us Into Recession

U.S. to Raise Tariffs Against China to 104%

China has taken the hardest stance against Trump's tariffs of any country, with no indications that it plans to back down in the weeks to come.

Photo: iStock / wildpixel

Cambodia Caught in the Crosshairs of Trump Trade War

According to the World Trade Organization, Cambodia exported nearly $10 billion worth of goods to the U.S. in 2024, accounting for roughly 38% of its total exports.

Photo: iStock / MelanieMaya

The Challenging, Changing Business of Supplying Automotive Components

The best way to handle rapid change is to stay as informed as possible — both in terms of current market trends and possible changes — in order to run multiple, complex what-if scenarios.

Photo: iStock/gerenme

EU Weighs Response to Trump Tariffs

Unless the EU comes to an arrangement with the U.S., 20% tariffs against the bloc will come into force on April 9.

Photo: iStock / Dmytro Varavin

Traders Cite the Deeper Implications of Trump’s Tariff Policy

President Trump’s seesawing policy on the implementation of tariffs fails to account for the many complexities of international trade, three industry analysts said at TPM25.

Photo: iStock/Andrey Yusenkov

Jaguar Land Rover Is Pausing Car Exports to U.S. on Tariffs

The U.S. government introduced a 25% tariff on imported cars, which went into effect on April 3.

Newsom Says California to Seek Tariff Exemptions From Allies

While Newsom cannot enter binding international agreements with foreign nations, the governor can pursue informal partnerships and export promotion efforts such as state-led trade missions.

Gavin Newsom. Photographer: Al Drago/Bloomberg

Seven-Member Regional Bloc Agrees to Boost Trade, Connectivity

The group signed six agreements, including on maritime transport cooperation to boost connectivity between South and Southeast Asia and disaster prevention.

Photo: Bloomberg

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