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Global Trade & Economics: Page 77

EU Boosts Steel Protections With 50% Levy to Aid Industry
The EU is trying to convince the U.S. to lower its rate for EU steel, and jointly target China instead.
A worker collects a sample of molten steel from a blast furnace at a steel plant in Duisburg, Germany. Photographer: Alex Kraus/Bloomberg
Aston Martin Hit by U.S. Tariffs, Weak Sales in Renewed Setback
Aston Martin now expects sales to fall by a mid- to high-single-digit percentage this year, weighed down by weakness in North America and Asia.
Photo: iStock / Mrinal Pal
WTO: Global Trade Expected to Stall in 2026 as Tariffs Set In
The WTO cut its growth projection for 2026 from 1.8% to 0.5%, predicting that "higher tariffs over time will weigh on trade."
Photo: iStock / franckreporter
Trump Says U.S. Tariffs on Heavy Truck Imports to Begin Nov. 1
The duties threaten an industry already feeling impacts from tariffs on steel and aluminum as well as tighter environmental regulations
Tractor trailers outside of the Port of Philadelphia. Photographer: Hannah Beier/Bloomberg
Brazil's Lula Asks Trump to Reduce Tariffs to 10%
The October 6 video call between Trump and Lula their first extended conversation since the former returned to the White House in January.
Photo: iStock / alexsi
India, China to Start Direct Flights as Ties Warm
Diplomatic ties between the longstanding rivals are on an upswing at a time when U.S. tariffs have added to economic uncertainties in the world’s two most populous nations.
Photo: Prakash Singh / Bloomberg
Munich Airport Reopens After Drone Scare
Danish Prime Minister Mette Frederiksen warned that Europe is in the middle of a hybrid war waged by Russia and the continent must arm itself.
Munich Airport. Photo: iStock/Boarding1Now
Germany Says Warship Order Intact Despite ‘Massive Delays’
The delays put Germany in a bind just as European nations pour billions into bolstering their military capability in the face of an increasingly aggressive Russia.
Photo: iStock.com/alzay
U.S. Government to Take Minority Stake in Lithium Miner
The DOE will also take a 5% stake in Lithium America and General Motors' Thacker Pass lithium mining project currently under development in Nevada's Humboldt County.
Photo: iStock / AerialPerspective Works
Navigating Tariffs, Market Uncertainty and the Growing Momentum for Reshoring
Tariffs issue combined with geopolitical risk, rising labor costs overseas, and a desire for greater supply chain resilience are accelerating the push for reshoring.
Photo: iStock/Kenneth Cheung
U.S. Ports Don't Expect Disruptions During Government Shutdown
Without approval from Congress on a new spending plan for the fiscal year that began on October 1, this marks the first government shutdown in the U.S. since 2018-2019.
Photo: iStock / Utima_Gaina
EU to Ramp Up Tariffs on Steel Imports, Mirroring U.S. Duties
The bloc’s steel industry has faced a severe crisis in recent years as it grapples with cheap imports from China and other Asian economies.
Stephane Sejourne. Photo: Bloomberg
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