Descartes’ study reveals tariffs and trade barriers as top concern of 48% of supply chain leaders
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released findings from its 2024 Supply Chain Intelligence Report: Escalating Challenges for Global…
Latest US strike on China’s chips hits semiconductor toolmakers
The United States on Monday launched its third crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker…
ASML studying new U.S.-China export rules, including software restrictions
Computer chip equipment maker ASML said it does not expect new U.S. restrictions on semiconductor exports to China, announced on Monday, to hit long-term demand…
New US solar tariffs on Southeast Asia to raise prices, cut profit margins
A new round of U.S. solar panel import tariffs on Southeast Asian producers is expected to raise consumer prices and cut into producer profit margins,…
ASML does not expect US export curbs to hit long-term chip sector demand
Computer chip equipment maker ASML does not expect new U.S. export restrictions to hit demand in the semiconductor industry in the long term, it said…
GM and other US automakers would take big hit from Trump tariffs
U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers,…
CBP, partners seize more than $18 million in fake Gibson guitars in largest counterfeit musical instrument seizure on record
U.S. Customs and Border Protection (CBP) Officers and Import Specialists assigned to the LA/Long Beach Seaport, in conjunction with U.S. Homeland Security Investigations (HSI) Special…
Mexico would raise tariffs if US does so first, president says
Mexican President Claudia Sheinbaum said on Tuesday that Mexico would raise tariffs on imports from the United States if President-elect Donald Trump follows through on…
TotalEnergies CEO says pausing Adani business won’t impact renewable targets
TotalEnergies can still meet its renewable energy targets without developing any new business with India's Adani Green Energy Limited, the French group's CEO told Reuters,…
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25%…
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