Marine Traffic estimates that tanker transits through the Strait of Hormuz were down by 90% between February 25 and March 4.

President Donald Trump had previously vowed to offer insurance guarantees and possible U.S. Navy escorts to oil tankers transiting the Strait of Hormuz.

Trade unpredictability exposes vulnerabilities in the pharmaceutical supply chain that must be addressed to build resilient systems ensuring patient access despite geopolitical challenges.

Tony Gulotta, principal with the Ryan tax firm, explains last week’s ruling by the Court of International Trade  on the refunding of tariffs ruled illegal by the Supreme Court.

Transport through the Strait of Hormuz remains at a near standstill as the Middle East war disrupts the vital waterway.

If hostilities persist for another 10 days, buyback options may no longer be available.

The states allege that Trump’s order announcing the Section 122 tariffs was “riddled with omissions and mischaracterizations."

If nearshoring and regional strategies are to work properly, companies need to have resilient and flexible supply chains, says Matt Schroeder, president of WSI/Kase.

In decades past, manufacturers fled the U.S. for Asia in search of lower production expense. But sourcing decisions today are a lot more complicated than that.

Critical minerals have become a key point of leverage for China as it flexed its muscles in tariff negotiations with U.S. President Donald Trump.