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Global Trade & Economics: Page 94
Trump’s Tariffs Come with an $82B Bill, Says JPMorganChase
The analysis is among the first to measure the direct costs created by the import taxes on employers with $10 million to $1 billion in annual revenue.
Ocean Carriers Warn of No End in Sight for Global Shipping Logjam
A port operating at 90% of capacity generates a lot of inefficiencies, with increased dwell times that can quickly create delays further down the supply chain.
Trump Announces Vietnam Trade Deal with 20% Import Tariff
Some U.S. officials wanted to calibrate tariffs for Vietnam to ensure they’re sufficiently lower than what’s imposed on China, to encourage production to leave that country.
Tesla’s China Shipments Rise in June for First Time in 2025
While modest, the year-on-year increase may signal a turning point for the electric vehicle pioneer in China, where it’s navigating a relentless price war.
Survey: Surge in Freight Demand Could Stretch Companies to 'Breaking Point'
Tech.co's report found that 63% of freight businesses have seen an increase in demand over the last year, 24% of whom reported a "significant" surge.
Bottling Plant Strike Could Bring Wine Shortage to U.K.
Encirc's Bristol facility bottles 300 million liters of wine annually, with the company holding a 40% share of the U.K.'s beverage bottling market.
Survey: E-Commerce Falters Under Pressure from Trump Tariffs
Americans are reporting a decline in online purchases across nearly all categories for the first time in more than a decade.
U.S. Auto Sales Lose Steam After Tariff-Induced Shopping Spree
After declining for much of last year, auto prices are on the rise again.
China Eases Ban on Japanese Seafood Imports
Prior to the two-year ban, China was Japan's largest market for seafood, accounting for nearly a quarter of Japan's exports in the sector.
Beneficial Cargo Owners and Service Providers Need to Brace for China Shipbuilding Tariffs
The USTR’s newly proposed rule is more targeted in its application and timeline than earlier proposals. The possibility for cost impacts on the U.S. trades is nonetheless real.
Nike Faces $1B in Added Costs from Tariffs
China accounts for around 16% of all footwear Nike imports into the U.S., with the company aiming to cut that number to single digits by the end of the 2026 fiscal year.
Canada Withdraws Digital Service Tax
U.S. Canada trade deal negotiations faltered on June 27, after Trump accused Canada of imposing unfair taxes on U.S. technology companies.
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