Reuters | March 27, 2025 | International Trade | Maritime | Breakbulk News
Governments from Ottawa to Paris threatened retaliation on Thursday after U.S. President Donald Trump unveiled a 25% tariff on imported vehicles, expanding a global trade war, hammering stocks and testing already strained ties with allies.
Reuters | March 27, 2025 | International Trade
U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.
Reuters | March 27, 2025 | International Trade | Commodity
If your favorite coffee beans have vanished from the shelves, don't worry - they will return soon. The bad news is they will be up to 25% more expensive.
AJOT Newsroom | March 27, 2025 | International Trade
Global Eggs, a company controlled by Brazilian entrepreneur Ricardo Faria, has agreed to buy U.S. egg producer Hillandale Farms for $1.1 billion, Faria told Reuters on Thursday.
Washington has told the European Union it should not expect any trade negotiations before the United States has imposed more tariffs on the bloc next week, EU diplomats said on Thursday.
Brazil's Secretary of Foreign Trade warned on Thursday that the global trade tensions being ratcheted up by Donald Trump's U.S. tariffs were likely to get worse before they get better.
German carmaker BMW on Thursday urged the European Union and United States to strike a deal to prevent a spiralling trade conflict, in a statement issued in response to President Donald Trump's announcement of new car tariffs.
AJOT Newsroom | March 26, 2025 | Air Cargo | Freighters | International Trade
The Global Cold Chain Alliance (GCCA) applauds the introduction of the Fortifying Refrigeration Infrastructure and Developing Global Exports (FRIDGE) Act in the House of Representatives and the Senate.
Reuters | March 26, 2025 | International Trade
Italian wine and spirits exports to the United States are stalling due to the uncertainty over possible tariffs that President Donald Trump could impose in the coming weeks, trade group Federvini said on Wednesday.
U.S. Trade Representative Jamieson Greer held "candid" talks with Chinese Vice Premier He Lifeng on trade issues during an introductory meeting, Greer's office said as U.S. President Donald Trump prepares to raise tariffs on Chinese imports further.
Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signalling CEO Elon Musk and the kingdom have healed a rift that dates back to the billionaire's short-lived bid in 2018 to take the company private.
Reuters | March 26, 2025 | International Trade | Commodity
London-listed miner Glencore has declared force majeure on copper shipments from its Chilean Altonorte smelter, where production has been suspended, two industry sources said.
Reuters | March 26, 2025 | International Trade | Maritime | Breakbulk News
Chinese electric vehicle giant BYD aims to double its sales outside China to more than 800,000 cars in 2025 and will look to overcome tariffs by assembling cars locally, its chairman told analysts on an earnings call on Tuesday.
Reuters | March 25, 2025 | International Trade | Commodity
South Korea's Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with an annual capacity of 2.7 million tonnes, the company said in a regulatory filing on Tuesday.
Reuters | March 25, 2025 | Energy | International Trade | Commodity
U.S. President Donald Trump on Monday widened his global trade war with 25% secondary tariffs on any country that buys oil or gas from Venezuela, and said he would announce tariffs soon on automobiles, aluminum and pharmaceuticals.
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