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Global Trade & Economics: Page 79

U.S. Lowers Tariffs on EU Autos to 15%, Cementing Trade Deal Terms
The order will help to further ease tensions between Washington and Brussels, as the two sides work through implementing the details of their trade deal.
Lisbon, Portugal. Photo: iStock.com/Ivan Kyryk
Volvo to Rejig U.S. Business in Response to Tariffs, Customer Demand
The fourth vehicle announced on September 23 will be a newly designed hybrid, reflecting the popularity of that technology in the United States while avoiding tariffs.
Photo: iStock/jetcityimage
OECD Says Trade Policy Uncertainty Has Weakened the Global Economic Outlook
The international organization said that efforts to prevent further trade fragmentation should be coupled with reforms that enhance security and strengthen the resilience of supply chains
Image: iStock/greenbutterfly
Tariffs, Inflation Cast Shadow Over Holiday Shopping Season
Nearly 80% of consumers say that they plan to spend either the same or less than they did last year, with 58% flagging tariff- and inflation-driven price increase as their chief concern.
Photo: iStock / Panuwat Dangsungnoen
Nvidia to Pour $100B into Data Center Deal with OpenAI
Nvidia's investments in OpenAI will come in phases, starting with $10 billion when the agreement is made final and the first gigawatt of computing power comes online.
Photo: iStock/Andrey Semenov
FedEx Sees $1B Hit as Tariffs Upend Parcel Business
The tally is the latest to show how companies are beginning to digest the fallout from new trade barriers.
A FedEx worker unloads packages from a delivery truck in New York. Photographer: Bing Guan/Bloomberg
Trump Offers Support for Union Pacific, Norfolk Southern Deal
The proposed merger, which would create a massive single railroad company controlling shipments across the continental U.S., is currently being weighed by the U.S. Surface Transportation Board
Norfolk Southern, left, and Union Pacific Railroad freight locomotives in Burnside, Kentucky. Photographer: Luke Sharrett/Bloomberg
Survey: Inflation Pushes Online Shoppers to Tighten Budgets
Younger shoppers appear to be impacted by inflation far more than any other demographic, with half of all respondents between the ages of 18 and 29 reporting fewer overall purchases.
Photo: style-photography, iStock
Trump Admin Blocks Shutdown of U.S. Steel Plant
U.S. Steel had initially told nearly 800 workers at the plant in early September that it planned to stop processing steel slabs at the facility by November.
Photo: iStock / Amanda Wayne
New H-1B Visa Fees Could Undercut U.S. Tech Edge
Amazon had more than 10,000 H-1B visas approved in the first half of 2025 alone, while Microsoft and Meta each had more than 5,000 approved over that same period.
Photo: iStock / lakshmidprasad S
EU Proposes Full Ban on Russian LNG From 2027, a Year Early
The shift comes just days after U.S. President Donald Trump called on the EU to step up pressure on Russia’s energy trade.
European Commission President Ursula von der Leyen. Photographer: Simon Wohlfahrt/Bloomberg
Canada, Mexico Pledge Coordination on Trade Pact Review With U.S.
Carney and Sheinbaum announced what they dubbed “the new Canada-Mexico Action Plan” while stressing opportunities to grow bilateral trade in infrastructure, energy and agriculture.
Mark Carney and Claudia Sheinbaum at a news conference in Mexico City on Sept. 18. Photographer: Manuel Velasquez/Getty Images
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