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Supply Chains in Crisis: Page 32
U.S. and India Reach Deal to Cut Tariffs
Trump also spoke of an agreement to have India increase its spending on American exports, including $500 billion worth of U.S. energy, technology, agriculture and more.
U.S. Unveils Plans for $12B Rare Earth Mineral Strategic Reserve
"Project Vault" will get its initial $10 billion in funding in the form of a loan from the U.S. Export-Import Bank, in addition to $1.67 billion from private capital.
U.S. Container Growth Vanishes with World Trade Flows ‘Moving On’
Inbound volumes in December dropped 6.4% from a year earlier to 1.9 million 20-foot container units, after a 5.7% slide the previous month.
Trump Signs Order Threatening Tariffs Against Countries Selling Oil to Cuba
In the order, Trump asserted that Cuba's policies and practices pose "an unusual and extraordinary threat" to the national security and foreign policy of the U.S.
SK Innovation’s Ford Battery Breakup Cost $2.6B
Despite the short-term headwinds, SK’s Ahn said demand for EV batteries is expected to gradually recover this year and be similar to last year’s levels.
Report: No Silver Bullet for Disruption as Companies Rethink Resilience
Roughly 84% of companies say that customer complaints have increased in the wake of recent disruptions, while 21% have lost contracts or business due to logistics delays.
India and EU Reach 'Mother of All Deals' with Free Trade Pact
The deal will eliminate tariffs on more than 90% of goods traded between the EU and India, including chemicals, cosmetics, plastics, auto parts, textiles and machinery.
UPS to Cut Another 30,000 Jobs in Sweeping Cost-Savings Push
The courier has been closing and consolidating dozens of sorting facilities, offering buyouts to union drivers and cutting back on seasonal workers to trim expenses.
U.S. Deep Freeze Wreaks Havoc on Texas Oil Producers, Refiners
The freeze has taken about 22% of natural gas production offline in the southern central U.S. corridor, suggesting crude production is likely down 1 million barrels a day.
Houthis Renew Threats Against Ships in Red Sea
Houthi rebels released footage on January 26, depicting a previous attack from a year prior in the Gulf of Aden against a Marshall Islands-flagged tanker.
France Boards Russia-Linked Oil Tanker in Shadow Fleet Move
The French navy said the tanker, which came from Murmansk on Russia’s Arctic coast, was boarded in the Alboran Sea, south of Spain, and taken to a mooring.
Greenland Standoff Ends Without Tariffs, but Uncertainty Remains
With the two sides appearing to remain far apart, the saga has brought on renewed concerns over the ongoing geopolitical uncertainty that has become a hallmark of Trump's second term in office.
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