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Global Trade & Economics: Page 93
Four Crew Members Rescued from Ship Sunk by Houthis in Red Sea
The Greek-owned
Eternity C
was the second ship Houthis had sunk in the Red Sea over a three-day period.
U.S. Tariffs Are Here to Stay, Says Oxford Economics
The U.S. administration has offered multiple, often conflicting, explanations for reversing decades of largely free-trade policies by introducing higher tariffs. But boosting revenues is a compelling benefit.
Trump’s 50% Levy on Brazil Shows World Nothing Is Off Limits
The result of Trump’s criticism of BRICS economies and his high tariff threats may end up being that it only brings those economies closer together.
Surging U.K. Shipping Costs Threaten to Deliver a New Price Shock
The increase was fueled by demand from American businesses that have been rushing to import products before President Donald Trump’s latest round of tariff hikes kick in.
U.S. Tariff and Deportation Policies on Collision Course in Agribusiness
Already, crops are rotting in the fields and warehouse managers are struggling to find workers. How will the push for goods made in America play out?
Report: Economic Optimism Continues to Wane for Businesses Across Globe
In D&B's most recent survey of 10,000 executives, 54% of business leaders said that they expect global trade tensions to either remain unchanged or intensify in Q3
Trump Threatens to Hike Tariffs Against 14 Countries
The White House indicated that the Trump administration also plans to send out additional tariff letters to at least 12 other countries, but did not specify when.
End to De Minimis Slows Flow of Air Cargo from China to U.S.
Starting in 2027, the U.S. will end de minimis exemptions for all countries, as part of President Trump's sweeping "One Big Beautiful Bill Act" that was signed into law on July 4.
U.S.-Swiss Trade Deal Likely to Contain Assurances on Pharma Levy
Switzerland is a major exporter of drugs to the U.S., with pharmaceuticals accounting for almost half of Swiss goods exports to America in 2024.
Red Sea Ship Set Ablaze, Abandoned After Attack Near Yemen
The Houthis began attacking commercial vessels in the Red Sea after Israel launched a campaign against Hamas in the Gaza Strip, disrupting global shipping routes.
Argentina: A New Opportunity in Latin America’s Industrial Sector
Argentina, long hindered by currency controls and economic volatility, is emerging with new opportunities in its industrial sector.
BYD Shelves Plans to Build Major Mexico Car Plant Over Trump’s Trade War
The company remains interested in expanding in the Americas but has no timeline to make a new investment, BYD executive vice president Stella Li said.
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