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Higher tariffs to harm US consumers and exporters; economic decoupling from China unlikely experts reveal
• US economic decoupling from China unlikely without military conflict; increased tariffs predicted to severely harm US economy and exporters, say experts on The Freight…
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Economists raise China growth forecasts as exports improve
The outlook for China’s exports is set to improve, buttressing growth in the world’s second-biggest economy even as consumer spending slows, according to a Bloomberg…
EU agrees on Belarus sanctions to target Russia’s circumvention
European Union ambassadors agreed to a new package of sanctions on Belarus as the bloc tries to crack down on Russia’s circumvention of penalties imposed…
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World Trade Bridge CBP officers seize over $5.1 million in marijuana
U.S. Customs and Border Protection, Office of Field Operations officers assigned to the World Trade Bridge seized marijuana that totaled over $5,100,000 in street value…
Chinese firms meet Malaysian officials on US tariffs, FT says
Chinese executives have been meeting top government officials in Malaysia to seek assurances they can avoid US tariffs if they relocate manufacturing to the country,…
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Mexico, US reach deal to resume avocado shipments, Governor says
The US and Mexico have reached a deal to restart inspections of mango and avocados from the state of Michoacan more than a week after…
Hedging China EV makers gets pricey with tariffs looming
Traders are preparing for more swings ahead for shares of Chinese electric-car makers as governments around the world plan new tariffs.
US probing cloud arms of China’s big three telcos, Reuters says
Washington is investigating whether China’s largest state-controlled telecom carriers are providing American data to Beijing through their US cloud services, Reuters reported, citing three sources…
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AMLO criticizes US for ‘unilateral’ freeze on avocado shipments
Mexico President Andres Manuel Lopez Obrador criticized the US for acting unilaterally to freeze some avocado shipments from the country but said the issue could…
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Canada to curb China EV imports as Trudeau responds to Biden move
Canada is clamping down on imports of Chinese-made electric vehicles, as Prime Minister Justin Trudeau’s government seeks to align itself with the Biden administration on…