Bloomberg | August 08, 2018 | International Trade
AJOT Newsroom | August 08, 2018 | International Trade
Rising steel and aluminum prices, driven up by President Donald Trump’s tariffs on those commodities, are a substantial drag on Ford Motor Co.’s business, though a top executive said the company doesn’t plan to pass higher costs on to consumers.
With the U.S. waging a trade war on several fronts, economists are starting to take seriously the idea that President Donald Trump could act on his preference for a weak dollar.
AJOT Newsroom | August 08, 2018 | Energy | Alternative | International Trade
Based on 2016 EIA data for newly constructed utility-scale electric generators (those with a capacity greater than one megawatt) in the United States, annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines declined, while construction costs for natural gas generators increased slightly.
As Nafta negotiators from the U.S. and Mexico meet for a third straight week in a push to complete a deal on cars, they’re also preparing for a showdown over a clause sought by the Trump administration that could end the agreement altogether.
China’s exports grew faster than expected, while imports surged, showing both domestic and international demand continue to shrug off the uncertainty of the trade conflict with the U.S.
Bloomberg | August 07, 2018 | International Trade
AJOT Newsroom | August 07, 2018 | International Trade
For transpacific rates, July was hot, and August will be hotter. China-US West Coast rates ($1,901/FEU) are already 18% higher than the peak of last year’s peak season ($1612/FEU on August 20).
AJOT Newsroom | August 07, 2018 | Energy | International Trade
India’s economic development is likely to have a considerable impact on future international energy markets—including U.S. energy exports—because of the country’s large population and potential for growth.
Daimler AG will freeze operations in Iran, including a plan to make trucks, after the U.S. renewed a host of sanctions and President Donald Trump threatened to penalize companies doing business in the country.
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