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As trade tensions affect the availability of parts and disrupt supply chains, importers and exporters increasingly need a backup plan.
In recent years, Mexico has become a key outpost for Chinese firms looking to expand their manufacturing centers closer to the American markets.
Storms, both real and predicted, along with war, drought and retailers planning ahead have raised the cost of sending goods around the world.
The World Trade Organization predicted trade would grow by 1.7% in 2023. It’s been revised to 0.8% due in part to stubborn inflation.
The U.S. has been restricting certain American exports to China, citing national security concerns. But other U.S. exporters could benefit from improved trade relations.
Adam Posen agrees with the goals of boosting green energy and keeping China at bay. But he says protectionism won’t achieve them.
After its over-reliance on the Kremlin for its energy, is Germany making the same mistake with Beijing?
A new law has given the Federal Maritime Commission the teeth it needs to tackle high shipping fees and congestion at the ports.
Crackdowns by Beijing and severe COVID restrictions have undermined its status. Friday marks the anniversary of the transfer of control.
The U.S. has already frozen Afghan assets in this country.