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Global Trade & Economics: Page 73

U.S., China to Suspend Reciprocal Port Fees for One Year
China’s comments come just hours after trade representative Jamieson Greer said the U.S.’s focus is still very much on reviving American shipbuilding.
Port of Yantai, China. Photo: iStock/daizuoxin
Tariffs Drive Volkswagen to First Quarterly Loss in 5 Years
Volkswagen estimates that Trump administration tariffs will cost the company more than $5.7 billion by the end of the year.
A Volkswagen plant in Mosel, Germany. Photo: iStock / aquatarkus
U.S. Auto Plants Weeks Away From Chip Shutdowns, Lobby Group Says
General Motors Co. CEO Mary Barra told investors the chip constraints “have the potential to impact production.”
Photo: Bloomberg
Struggling to Stay Green in the Time of Trump
Even as federal policy pulls back, the work of building a cleaner, low-carbon future is continuing in states and communities determined to make progress on their own terms.
Photo: iStock.com/Arkadij Schell
Toyota Says It Did Not Promise Trump $10B Investment in U.S.
A Toyota executive said the topic of investment did not come up when Akio Toyoda, the firm’s chairman, spoke with Trump at a U.S. embassy event on October 28.
Prague, Cazech Republic. Photo: iStock.com/josefkubes
U.S. Blocks Some Cargo, Passenger Flights from Mexico in Trade Spat
After dismissing recent diplomatic engagements as insufficient, the DOT has made it clear that the freeze on Mexican carrier growth will remain in place.
Photo: iStock/Feverpitched
Ship with Radioactive Zinc Dust Stuck Near Philippines Port
Port authorities aren’t allowing the ship to offload in Manila unless there’s a local government that’s willing to take custody of the cargo for temporary storage.
The city skyline in Manila. Photo: Veejay Villafranca / Bloomberg
Tariff Uncertainty Is No Excuse for Inaction
Tariffs today serve as a test of whether your organization has leaders who can align operational judgment with digital precision, and drive change across functions and borders.
Photo: iStock / Angelica Zander
Canada Launches Anti-Dumping Probe of Chinese Truck Body Imports
The probe stems from a complaint by a pair of Canadian truck body manufacturers, who allege that dumped and subsidized imports have undercut prices and cost them sales.
Photo: iStock / Oleksii Liskonih
Maritime Industry Still Seeks Answers Over USTR Port Fee Rollout
Operators have been left to interpret the rules on their own, despite not fully knowing which ships might be subject to penalties, or how to account for jointly-owned vessels.
Photo: iStock / halbergman
Embraer Warns of Delays and Cancellations of Orders on Tariffs
The Brazilian company still faces a tariff impact of about $80 million this year, roughly equivalent to second quarter net income.
Photo: Bloomberg
Carney Gives Muted Response to Trump’s Pledge to Hike Tariffs
Canada currently faces a U.S. base tariff of 35%, but the rate doesn’t apply to most Canadian goods because of an exemption for products and shipments covered by the USMCA.
Mark Carney Canada Bloomberg
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