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Global Trade & Economics: Page 78
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.
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.
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.
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.
China Retaliates Against Impending U.S. Port Fees with New Countermeasures
The countermeasures took effect on September 28, and will remain in place "unless relevant treaties or agreements offer adequate and effective remedies."
Sudden Ban on Export Sees Nigeria’s Shea Industry Plummet
There is not enough local capacity to process all of the country's harvest, and the ban on exporting shea nuts has led to a collapse in the price of the nuts.
MSC Reaffirms Commitment to Avoid Northern Sea Route
The world’s largest container shipping line gave a number of reasons, including that an increase in Arctic transit traffic could impact the fragile ecosystem of the region.
Trump H-1B Visa Fee Opens Door for Germany to Attract Indian Workers
Ackermann highlighted Germany's strong demand for skilled IT professionals, as well as its political stability, in a subtle dig against President Trump's oft-chaotic foreign policy announcements.
U.S. to Impose Tariffs on Heavy Trucks, Kitchen Cabinets
The new duties threaten an industry already squeezed by tariffs on steel and aluminum imports, as well as tighter environmental regulations that have driven down demand for heavy- and medium-duty vehicles.
CBP Bans Giant Bike Imports from Taiwan Over Forced Labor Claims
Giant is the world's largest manufacturer of bikes, with products sold both by large retailers like Walmart and smaller independent shops.
Trump Admin Probe Could Spell New Tariffs on Machinery, Medical Supplies
As part of the probe, the DOC is calling on companies to comment on their projected demand for affected products, and the potential for foreign control or exploitation of related supply chains.
World Maritime Day Shines Spotlight on Safeguarding Seas
The IMO highlighted a series of recent initiatives, from the adoption of an action plan to cut marine plastic litter, to the development of a global biofouling framework to stop invasive species.
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