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Global Trade & Economics: Page 69
How Tariffs Are Straining Budgets at Thanksgiving
According to one analysis, a full Thanksgiving meal is nearly 10% more expensive in 2025 compared to last year, with the cost of some staples rising by more than 20%.
Fashion Brands Collaborate to End Sourcing from Climate-Critical Forests
Fashion brands will also partner with next-gen material companies to develop alternative packaging made from wheat straw and recycled materials.
Fashion Importer Survival Strategies for a Shifting U.S. Trade Landscape
Brands that combine legal compliance with diversified sourcing will be better positioned to weather tariffs, while mitigating the risk of margin erosion and enforcement actions.
Trump Admin Threatens to Withhold Funds from Pennsylvania Over Immigrant Trucker Licenses
In total, the Trump administration found two instances out of 150 people in Pennsylvania where a CDL license exceeded a driver's lawful presence in the U.S.
Macquarie Asset Offers $7.5B for Logistics Firm Qube
Qube’s operations span container leasing, car and grain cargo terminals, and road and rail transport services.
Tyson to Shut Down Nebraska Beef Processing Plant
The company also plans to downsize operations at a separate plant in Amarillo, Texas, by taking the facility down to a single shift a day.
Canada Retail Sales Slow in Third Quarter as Tariffs Persist
The quarterly retail figures — the weakest pace in more than a year — underscore consumer caution around spending in the face of economic and tariff uncertainty.
Major Indian Business Ceases Russian Oil Imports
The U.S. has been applying pressure on Delhi to cease importing Russian oil, and President Donald Trump hit India with 50% tariffs in August.
Trucking Freight Demand Falls Off as Peak Season Weakens
The drop reflects a market where shippers are moving fewer loads than expected, and where "the traditional rhythms of logistics are no longer dependable."
GE Appliances to Hand out $150M in U.S. Supplier Contracts
The new contracts range between $330,000 and $41 million, and will go to suppliers providing plastics, castings and aluminum for GE Appliance's washers and dryers.
Trump's Tariffs Put a Pinch on U.S. Trade in August
U.S. businesses have reacted to Trump's tariffs by slowing purchasing for foreign-made industrial supplies, pharmaceutical ingredients, machinery and telecom equipment.
Dutch Government Hands Chipmaker Back Over to Chinese Parent Company
The weeks-long standoff stoked fears over the possibility of a semiconductor shortage that would have shut down vehicle assembly lines across Europe.
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