In a new report researchers argue that even before President Trump launched his trade wars, the era of offshoring and disruption that left many factory towns reeling was over.
Air pollution from cars and factories has been regulated in much of the world since the 1970s. When it comes to the smoke-belching ships that carry global trade, the rules have been a lot looser.
Demand in the region fizzled late in 2018 due to a combination of emissions-testing bottlenecks and economic headwinds — and more pain could lie ahead.
Thousands of merchant ships will soon start burning fuel containing higher concentrations of sulfur — a quirky outcome of rules that are supposed to cut emissions of the pollutant.
U.S. and Chinese officials are set to begin trade negotiations on Monday in the hope of reaching a deal during a 90-day truce between President Donald Trump and Xi Jinping.