The FCC cited concerns over the potential use of foreign-made drones during 2026's FIFA World Cup and the 2028 Summer Olympics in Los Angeles.

The crisis has effectively split the business into two parallel entities: one run by the court-appointed administrators in the Netherlands, and another in China aligned with Wingtech.

The U.S. — which accounts for 11% of Malaysia’s total trade — imposed a 19% tariff on the Southeast Asian nation’s goods, effective August.

The Japanese carmaker will suspend output in Japan on January 5 and January 6, a spokesperson said on December 18, without specifying which plants will be affected. 

Return rates have more than doubled since 2019, and will reach 17% this holiday season.

The gains in U.S. exports also helped outweigh a fall in the value of merchandise heading to China.

The company predicted a $19.5 billion hit to profits as a result of the strategic shift.

The Roomba maker's debts include $100 million to Chinese robotics manufacturer Picea, and $3.4 million to U.S. Customs and Border Protection for unpaid tariffs.

The European Commission unveiled The ReSourceEU program, which seeks to de-risk and diversify the bloc’s supply chains.

China’s recent relaxation of export controls on rare earth metals shouldn’t cause anyone to get complacent about future access to that country’s extensive stores of critical minerals.