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Top Stories: Page 93
Mid-Market CEOs Look to Rethink Supply Chains in 2026
Already, more than 60% of leaders say that they have secured new domestic suppliers or adjusted pricing strategies in response to tariffs and rising costs.
New York AG Sues UPS Over ‘Wage Theft’
Letitia James alleges UPS withheld wages by failing to record all hours worked, requiring widespread off-the-clock labor, and manipulating timekeeping systems to reduce paid hours.
Japan’s Exports to U.S. Rise for First Time Since Trump’s Tariffs
The gains in U.S. exports also helped outweigh a fall in the value of merchandise heading to China.
EU to Abandon Combustion Engine Ban in Win for Carmakers
Under the new proposal, the European Commission will lower the requirements that would have halted sales of new gasoline and diesel-fueled cars starting in 2035.
Louisiana to Get $850M to Build Rare Earth Refinery
Construction on the refinery is scheduled to begin in 2027, with production targeted for the third quarter of 2028.
China Finalizes Anti-Dumping Tariffs on EU Pork Imports
China first opened its investigation in June 2024, alleging that the trading bloc had been flooding the Chinese market with pork and pig byproducts priced well below local market rates.
VW to Shut Down Production at German Plant
VW's 24-year-old Dresden, Germany, plant is scheduled to cease production on December 16, and will soon be converted into a technology research hub.
Ford Backs off All-EV Large Vehicles
The company predicted a $19.5 billion hit to profits as a result of the strategic shift.
Airbus Supplier Tells Workers Quality Fixes Are Coming
Airbus has reportedly sent inspectors to check on production, which is expected to ramp up in the coming weeks to replace the faulty parts.
Canadian Provinces to Sell Remaining Stockpiles of American Liquor
Several Canadian provinces halted all sales of U.S. liquor early in March 2025, in protest of President Donald Trump's announced tariffs against the country.
EU to End De Minimis with Flat Customs Fee in 2026
The EU also plans to enact a separate handling fee on low-value parcels in November of 2026, although negotiations on the specifics of that policy are still ongoing.
Chinese Supplier to Assume Control of Roomba Parent Company
The Roomba maker's debts include $100 million to Chinese robotics manufacturer Picea, and $3.4 million to U.S. Customs and Border Protection for unpaid tariffs.
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