Trade
Trump suggests tariffs in opposition to nations which includes China around illegal immigration
Presidential applicant Donald Trump was booed and heckled by numerous in a raucous viewers at the Libertarian Nationwide Conference on Saturday night time, a marked modify from the adulation he gets at rallies from his fervently faithful supporters. Brendan McDermid | Reuters Republican presidential candidate Donald Trump said on Thursday he may impose tariffs on international locations, together with China, […]
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Boeing’s 90 days to hand in a safety plan to the FAA are up. Here’s what to expect
Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west over the Bozeman Pass March 12, 2019 in Bozeman, Montana. William Campbell | Corbis News | Getty Images Boeing CEO Dave Calhoun and other top company leaders are scheduled to meet with the Federal Aviation […]
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Dubai bling: Billions of dollars worth of African gold is being smuggled into the UAE each year, research finds
A worker lifts a gold bullion bar from a conveyor machine at the Rand Refinery plant in Germiston, South Africa, on Aug. 16. 2017. Waldo Swiegers | Bloomberg | Getty Images DUBAI, United Arab Emirates — Each year, as much as $35 billion worth of gold produced by artisanal and small-scale mining in Africa — […]
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Unexpected container crunch sends ocean freight prices soaring, location off global trade alarm bells
A Chinese employee seems on as a cargo ship is loaded at a port in Qingdao, eastern China’s Shandong province. AFP Contributor | AFP | Getty Photos A fantastic storm in world trade is developing a shipping container ability crunch, fueling a unexpected and shock spike in ocean freight prices. The commencing of peak transport […]
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Boeing expects negative free cash flow, slow recovery in aircraft deliveries, CFO says
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing will burn through cash this year and […]
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Yellen says U.S., Europe should react jointly to China’s industrial overcapacity
US Treasury Secretary Janet Yellen attends a push meeting at US Ambassador’s home in Beijing on April 8, 2024. Pedro Pardo | AFP | Getty Photos FRANKFURT – U.S. Treasury Secretary Janet Yellen claimed on Tuesday that the United States and Europe needed to reply to China’s industrial policies in a “strategic and united way” […]
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China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales
Wang Wentao, China’s commerce minister, attends a news conference on the sidelines of the National People’s Congress in Beijing, China, on Wednesday, March 6, 2024. Bloomberg | Bloomberg | Getty Images China’s Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan’s presidential […]
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IMF says U.S. should keep open trade, work with China to resolve disputes
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva (R), with Director of Strategic Communications Julie Kozack, speaks at a press briefing on the global policy agenda during the International Monetary Fund (IMF) and World Bank Spring Meetings at IMF headquarters in Washington, DC, on April 13, 2023. Mandel Ngan | Afp | Getty Images The […]
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Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO
Workers make clothes at a garment factory that supplies SHEIN, a cross-border fast fashion e-commerce company in Guangzhou, in China’s southern Guangdong province on July 18, 2022. Jade Gao | Afp | Getty Images As fast-fashion giant Shein prepares for an IPO in the U.S., a new report suggests that workers at some of its suppliers are […]
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Europe need to keep away from ‘disaster’ of trade decoupling as it eyes China tariffs, EU’s economics main states
The European Union must stay clear of a unsafe decoupling of world wide trade as it mulls tariffs on Chinese electric autos and other merchandise, the bloc’s financial chief mentioned Wednesday. “I consider that as much as Europe is concerned we have to have a a lot more mature mindset in our trade, securing our […]
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