Trade
East and Gulf Coast ports strike, with ILA longshoremen walking off job from New England to Texas, stranding billions in trade
Shipping containers sit stacked in the Port of Newark on September 30, 2024 seen from New York City. A massive strike shutting down ports across the East and Gulf coasts began at midnight as members of the International Longshoremen’s Association continue to make salary and other demands to the United States Maritime Alliance, which controls […]
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UK PM Keir Starmer touts pro-business agenda as he woos top Wall Street CEOs
Britain’s Prime Minister Keir Starmer gives a media interview while attending the 79th United Nations General Assembly at the United Nations Headquarters in New York, U.S. September 25, 2024. Leon Neal | Via Reuters The United Kingdom is pursuing investment from America’s biggest banks and tech giants, as the country looks to infuse growth in […]
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Not just China, Trump 2.0 could spell trouble for U.S. allies as he doubles down on tariff talk
Donald Trump, who has been quite vocal about a tariff-heavy trade policy, appears to have shifted the focus of his protectionist agenda from China to some of the closest U.S. allies. Speaking at a campaign event in Savannah, Georgia, on Tuesday, the Republican presidential nominee said he would build upon the tariff policies of his […]
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Fearful of the ‘middle-income trap,’ Indonesia pushes for major policy reform
This photo shows a general view of a traffic jam on a main roads leading into the city center of Jakarta on May 8, 2024 as thin haze of pollution sits over the city’s skyline. Bay Ismoyo | Afp | Getty Images Indonesia’s rise as an emerging economy is the latest of Asia’s success stories. […]
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Trump floats expanded R&D business tax credits, says he would appoint ‘manufacturing ambassador’
Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally at Johnny Mercer Theatre in Savannah, Georgia, on Sept. 24, 2024. Chandan Khanna | AFP | Getty Images Former President Donald Trump unveiled several new manufacturing proposals at a rally in Savannah, Georgia, on Tuesday, part of an effort to sharpen […]
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Trump threatens ‘200% tariff’ if John Deere moves production to Mexico
Republican presidential nominee former President Donald Trump speaks at a campaign event at a farm, Monday, Sept. 23, 2024, in Smithton, Pennsylvania. Alex Brandon | AP Former President Donald Trump on Monday threatened John Deere with a 200% tariff if the agricultural manufacturer moves production to factories in Mexico. “They’ve announced a few days ago […]
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India rules out joining world’s largest trade deal, accuses China of ‘very opaque’ trade practices
Indian flag and Chinese flag displayed on screen. Anadolu | Anadolu | Getty Images India’s commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world’s largest trade deal, maintaining that it is not in the country’s interest to be part of a free trade agreement with China. “India is not going […]
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FBI agents have boarded vessel managed by Synergy Marine Group whose other cargo ship collapsed Baltimore bridge
Baltimore City Fire Boat 2 floats past the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S., on Tuesday, March 26, 2024. Bloomberg | Bloomberg | Getty Images Federal agents have boarded a vessel managed by the same company as a cargo ship […]
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China-Mexico freight traffic surges in Trump, Biden tariff era, as companies find ways to evade U.S. trade war
A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico. Patrick T. Fallon | AFP | Getty Images New data shows a surge in trade between China and Mexico at a time of tough […]
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UAE hoping to expand $1 trillion partnership with U.S. through AI, Investment
Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi at Downing Street on September 16, 2021 in London, England. Hannah McKay – WPA Pool | Getty Images Emirati President Sheikh Mohammed bin Zayed Al Nahyan’s first official trip to the United States aims to push the UAE-U.S. relationship to a new “geo-economic phase” […]
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