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Global Trade & Economics: Page 239

U.S.-Mexico Spat Threatens Avocado Shortage
The great avocado affair of 2022 began with a little-noticed weekend press release from Mexico’s Agriculture and Rural Development Ministry. The U.S. was shutting down imports of avocados from Mexico’s top producing region because one of its inspectors received a threatening phone call.
A close up view of avocados. Photo: Canva.
Canada Bridge Reopens After Five-Day Protest
The Ambassador Bridge that links Canada with the U.S. has reopened, clearing the largest trade artery between the two countries after a five-day protest shut it down.
Commercial trucks and passenger vehicles drive across Ambassador Bridge on the Canada-U.S. border in Windsor, Ontario. The bridge connects Windsor to Detroit and facilitates over 30% of all Canada-U.S. road trade. Photo: Bloomberg.
With Inflation on the Rise, Retailers Turn to AI to Aid in Pricing Strategy
The return of inflation is placing retailers in a terrible quandary.
A shopper picks an item from a store shelf. Photo: Shutterstock.
How Trucker Protests Shut the Canadian Border and Rocked the Economy
Canadian protests that began by championing the rights of truckers have spread into sprawling, ad-hoc anti-establishment demonstrations across the country — shuttering crucial trade links, confounding police and giving hints that the efforts could spread.
Demonstrators gather as rows of trucks sit parked during a protest against vaccine mandates in Ottawa, Ontario. Photo: Bloomberg.
Watch: How Supply Chains Survived the 2021 Holiday Season
Brian Higgins, principal, supply chain and operations leader with KPMG, offers a post mortem on the recently concluded 2021 holiday retail season.
How Supply Chains Survived the 2021 Holiday Season
L.A. Port Sees Chance to Ease Ship Backlog by Summer Peak
U.S. supply chains have a chance to normalize after retailers replenish inventories next quarter, even if peak summer demand arrives sooner than usual, according to Port of Los Angeles Executive Director Gene Seroka.
Container ships moored off the Los Angeles and Long Beach ports in Long Beach, California. Photo: Bloomberg.
EU Offers Ambitious Chips Law That May Struggle to Deliver Funds
The European Union unveiled its plan to use its economic leverage to attract large semiconductor producers like Intel Corp. and Taiwan Semiconductor Manufacturing Co., but reaching the full 45 billion euro ($51.4 billion) price tag depends on a controversial and untested method of subsidizing production.
An employee inspect wafers using an optical microscope. Photo: Bloomberg.
GOP Opposition in House Puts U.S.-China Competition Bill at Risk
Growing Republican criticism risks complicating passage of a once-bipartisan bill intended to make the U.S economy more competitive, saying it goes too easy on China even as it aims to aid the domestic semiconductor industry.
The U.S. Capitol in Washington, D.C. Photo: Bloomberg.
Get Ready for More Freight Bottlenecks During Chinese New Year and Beyond
DHL is projecting an 88% decrease from typical volumes of China-U.S. freight during the first week of the Chinese New Year, which begins February 1.
Red lanterns are illuminated at night for the Lunar New Year. Photo: Pexels.
Trucker Protest Strands Beef Shipments at U.S.-Canada Border
Protesters who are rallying against vaccine mandates are holding up shipments of Canadian beef to the U.S.
Commercial trucks and passenger vehicles drive across Ambassador Bridge on the Canada-U.S. border in Windsor, Ontario. The bridge connects Windsor to Detroit and facilitates over 30% of all Canada-U.S. road trade. Photo: Bloomberg.
Counting Down to the Next Supply Chain Shock
What impacted supply chain dynamics in 2021, and what's coming next?
U.S. Economic Growth Quickens With Inventory Boost
U.S. economic growth accelerated by more than forecast in the fourth quarter, fueled by the rebuilding of inventories and capping the strongest year since the 1980s.
Rows of inventory in a distribution warehouse. Photo: Bloomberg.
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