Reuters | April 30, 2025 | International Trade
The U.S. Senate was poised on Wednesday to vote on a resolution to block a host of President Donald Trump's tariffs, hours after the federal government reported that the nation's economy contracted for the first time in three years amid the chaos of the president's tariff policies.
AJOT Newsroom | April 30, 2025 | International Trade | Commodity
The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher costs from tariffs and underscoring the disruptive nature of President Donald Trump's often chaotic trade policy.
Fast fashion retailer Shein is weighing a restructuring of its U.S. operations as U.S. President Donald Trump's tariffs on Chinese imports threaten to jeopardize its London IPO, the Financial Times reported on Wednesday.
The U.S. economy contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the disruptive nature of President Donald Trump's often chaotic tariff policy.
Reuters | April 29, 2025 | International Trade
French car parts supplier Valeo said 90% of the products produced by the group in Mexico and imported into the U.S. are now compliant with the United States-Mexico-Canada-Agreement (USMCA).
The White House on Tuesday denounced Amazon's reported plans to disclose the cost that U.S. tariffs imposed by President Donald Trump were adding to its products, and slammed the retail giant for its past ties to China.
Amazon denied a report on Tuesday that it planned to disclose to customers on its website the cost that U.S. tariffs imposed by President Donald Trump were adding to its products, after the White House blasted the idea.
New Delhi is prepared to include a sweetener in trade talks with Washington that would "future-proof" a deal by ensuring no other trade partners could have superior terms, as it pushes for a quick agreement with the Trump administration, Indian government officials said.
Brazilian President Luiz Inacio Lula da Silva said on Tuesday he is interested in advancing talks for a trade deal between South America's Mercosur bloc and Canada in order to "diversify and expand our exchange".
Reuters | April 29, 2025 | Air Cargo | Airports | International Trade
All American exports to China worth $140.7 billion last year now face a retaliatory Chinese tariff of at least 125%, putting at risk hundreds of thousands of American jobs that support the exports, the US-China Business Council said on Tuesday.
Reuters | April 29, 2025 | Air Cargo | Airlines | International Trade
China's three biggest airlines reported deeper first-quarter losses on Tuesday from the same period a year ago, amid intensifying competition and economic pressures on consumers, and a worsening trade war with the United States.
Amazon's Prime Day is losing its luster among a critical group: sellers.
Reuters | April 28, 2025 | Air Cargo | Airlines | International Trade
Riyadh Air CEO Tony Douglas said on Monday the Saudi startup carrier would be ready to buy Boeing aircraft destined for Chinese airlines if they are not delivered due to the escalating trade war between the United States and China.
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