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Global Trade & Economics: Page 70
White House Apologized for Hyundai Plant Raid, CEO Says
Speaking at a conference in Singapore, José Muñoz said the governor of Georgia had also called him and said, "I don't know what happened, this is not state jurisdiction."
Russia Attacks on EU Are State-Sponsored Terrorism, Top Diplomat Says
The EU is grappling with how to respond to an onslaught of cyberattacks, signal jamming and misinformation campaigns attributed to Russia.
Port of LA Nears 10M TEU Milestone for 2025
The port reported a 2% year-over-year increase in cargo volumes for the first 10 months of 2025, after processing more than 8.6 million TEUs year-to-date as of October 31.
India Exports to U.S. Rise, Despite 50% Tariffs
The Trump administration has been urging Delhi to increase its purchase of U.S. petroleum products, after India became one of the biggest markets for Russian oil.
EU Moves Up Timeline to End De Minimis Exemptions
De minimis policies across the globe have allowed Shein, Temu and others to ship products directly from Chinese factories to consumers at prices well below market value.
Poland’s Tusk Claims Railway Explosion was Act of Sabotage
In the past, Poland has repeatedly blamed Moscow for an alleged increase in the number of cases of sabotage, including a fire that destroyed a shopping mall in Warsaw last year.
U.S. Tariffs Crimp Japan’s, Switzerland’s Economies
Japan reached a trade agreement with the U.S. in July, reducing the blanket tariff on Japanese imports to 15%, from an initial 25%.
Switzerland Defends Role of Executives in Securing U.S. Trade Deal
The government had had been engaged in intense diplomacy since August, when Switzerland was hit by the highest levy the Trump administration imposed on any developed country.
Sanctions Blight Arctic Route to China for Russia’s Oil Shippers
The snarls are evidence of how U.S. measures are complicating Russia’s oil trade, while not stopping it.
Trump Tweaks Tariffs, More Concessions May Be Coming
The White House has said some imports “might receive a reciprocal tariff rate of zero percent.”
Record AI Spending Coincides with Deepening U.S. Job Cuts
Job cuts at U.S. employers rose 175% year-over-year in October, and year-to-date have hit their highest levels since 2003.
U.S. Reissues Some Work Visas for South Korean Battery Plant Workers
At least 30 of the detained workers have gone back to the battery plant, and some are preparing a class-action lawsuit against U.S. immigration authorities over their detention.
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