Auto Care Association launches member-exclusive auto parts tariff calculator
The Auto Care Association, April 28, 2025, launched a new tariff calculator tool exclusively for its members.
Taiwan’s Inventec to invest up to $85 million in US to lessen tariff impact
Taiwanese contract electronics manufacturer Inventec has agreed to invest up to $85 million to build manufacturing facilities in Texas to help mitigate the impact of…
Brazil’s finance minister sees growing support for Mercosur-EU deal
Brazilian Finance Minister Fernando Haddad said on Monday that he sees greater momentum for ratification of the long-delayed trade agreement between the South American bloc…
S&P Global Report: Liner shipping supports $1.1 trillion in U.S. GDP and 6.4 million American jobs
New analysis from S&P Global, released April 28, 2025, by the World Shipping Council, highlights the critical role of the liner shipping industry in the…
Apple moving to make most iPhones for US in India rather than China, source says
Apple aims to make most of its iPhones sold in the United States at factories in India by the end of 2026, and is speeding…
Safran says China to exempt jet engines and parts from tariffs
China has decided to grant exemptions from import tariffs for some aircraft parts, including jet engines, the head of French engine maker Safran said on…
Japan is a test case for Trump’s tariff deals. But talks may be tortuous
When Tokyo's top trade negotiator met U.S. President Donald Trump for tariff talks at the White House earlier this month, he presented him with a…
US pharma tariffs would raise US drug costs by $51 billion annually, report finds
A 25% U.S. tariff on pharmaceutical imports would increase U.S. drug costs by nearly $51 billion annually, boosting U.S. prices by as much as 12.9%…
US-China trade war to give fresh impetus to India-Europe corridor project?
The project was launched on the sidelines of the G20 summit in New Delhi in September 2023 by seven heads of state from India, the…
S&P Global Ratings: Maintains corporate default forecasts, but risks are rising
Recent increases in market volatility related to tariffs have raised fears for growth and higher corporate default rates, S&P Global Ratings said in the "Corporate…
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