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Global Trade & Economics: Page 80
U.S. Supreme Court to Hear Tariffs Case Nov. 5
The case was placed on a fast track by the supreme court, which begins its nine-month term next month.
Port of Long Beach Logs Second-Busiest August on Record
Port says the recent pause in tariffs gave a boost to the start of peak shipping season.
Philippine Port Operator ICTSI Eyes More Emerging Market Deals
ICTSI recently bought a majority stake in a Brazil marine property that can be used as additional capacity for its terminal operations there.
Trump Tariffs Stall Japanese Exports to U.S.
Shipments of automobiles from Japan to the U.S. fell by more than 28% in August, mirroring an almost identical year-over-year dip in the previous month.
Trump Administration Begins Review of USMCA Trade Pact
The U.S. Trade Representative filed a notice in the federal register on September 16, seeking public comments as a precursor to the formal evaluation set to begin next year.
U.K. Pharma Firm Pledges Massive Investment in U.S.
The announcement came at the start of U.S. President Donald Trump's visit to the U.K., as drugmakers face pressure from the Trump administration to move production to the U.S.
Over 80% of Companies Report Presence of 'Forever Chemicals' in Supply Chains
Regulatory experts at Assent predict that virtually 100% of manufacturers will likely see PFAS chemicals appear in their products at some point down the line.
Retailers See Late-Summer Boost as Shoppers Race to Beat Price Hikes
Core retail sales — which excludes autos, fuel and restaurants — increased 0.26% month-to-month in August, and 6.67% compared to August 2023.
Ford to Slash 1K Jobs from EV Factory in Germany
Ford blamed a lower-than-expected demand for EVs in Europe on a lack of government incentives to buy the vehicles, and limited investments in sufficient charging infrastructure.
Maritime Cyber Attack Database Now Publicly Available
The Maritime IT Security research group is asking corporations and other research institutions to contribute to the database.
Survey: Trump Tariffs Proving Costly for U.S. Businesses
Almost half the respondents polled said their costs have climbed by 20% or more, with about the same number saying they’ve reduced shipment volumes because of higher expenses.
Canada Prime Minister Looks to Fast-Track Port of Montreal Expansion
The project would increase the Port of Montreal's container handling capacity by an estimated 60%, and create space for 1.15 million containers.
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