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Industries: Page 72
U.S. Tariffs Crimp Japan’s, Switzerland’s Economies
Japan reached a trade agreement with the U.S. in July, reducing the blanket tariff on Japanese imports to 15%, from an initial 25%.
Will the U.S.-EU Deal on Pharma Tariffs Trigger a Resurgence of Domestic Production?
The deal between the U.S. and European Union on trade in pharmaceutical products promises to have a deep impact on the underlying structure of the industry.
Switzerland Defends Role of Executives in Securing U.S. Trade Deal
The government had had been engaged in intense diplomacy since August, when Switzerland was hit by the highest levy the Trump administration imposed on any developed country.
Sanctions Blight Arctic Route to China for Russia’s Oil Shippers
The snarls are evidence of how U.S. measures are complicating Russia’s oil trade, while not stopping it.
Trump Tweaks Tariffs, More Concessions May Be Coming
The White House has said some imports “might receive a reciprocal tariff rate of zero percent.”
Report: Use of Prison Labor at Hyundai Supplier Plants Drives Down Wages Overall
The Columbia University study found that, when the share of prison labor at a Hyundai Motor supplier rises by 10%, wages for non-incarcerated workers fall by 10-14%.
Starbucks Workers Strike in 40 cities, Targeting ‘Red Cup Day’
The strike, involving more than 1,000 baristas at 65 cafes, is pegged to Starbucks’ annual “Red Cup Day” promotion, when the company draws big crowds.
India Approves $5B for Exporters Hit by Harsh U.S. Tariffs
The crippling U.S.-imposed levies have hit labor-intensive sectors such as textiles, leather, footwear, and gems and jewelry the hardest.
U.S. Companies Demand More Tariffs on Goods Containing Steel
The latest requests for tariffs on products with steel elements came ahead of an October 21 deadline set by the DOC, the second consultation in three months.
U.S. Ports Facing ‘Goods Recession’ Amid Holiday Lull, Tariff Woes
President Donald Trump’s return to the White House in January kicked off a rollercoaster year for manufacturers, retailers and other U.S. industries dependent on goods from abroad.
UPS and FedEx Ground MD-11 Planes Following Crash at Kentucky Airport
The FAA determined that the issue that led to the detached engine "is likely to exist or develop in other products of the same type design."
Retailers Are Hoping They Made the Right Bets to Prepare for This Year’s Peak Shopping Season
The “mad race” to beat the tariffs, especially on goods from China, loaded up retailer balance sheets earlier this year “more than was comfortable,” says Michael Babbitt of Synovus.
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