International Trade

BMW considers boosting output at U.S. plant by up to 80,000 units

Reuters | April 10, 2025 | International Trade

German automaker BMW is considering adding shifts to its Spartanburg plant in South Carolina to boost output by up to 80,000 units, executives said on an analyst call on Thursday, as carmakers brainstorm ways to appease the Trump administration and ward off a mounting trade war.

US Steel, Nippon Steel working closely with Trump administration, statement says

Reuters | April 10, 2025 | International Trade | Commodity

U.S. Steel and Nippon Steel are working closely with the Trump administration "to secure a significant investment," U.S. Steel said on Thursday, after remarks from President Donald Trump dimmed hopes for a greenlight of the companies' long-sought tie-up.

Trump’s tariff pause does little to lower overall tariff rates, Yale researchers say

Reuters | April 10, 2025 | International Trade

U.S. President Donald Trump's rollback of some of the steep tariffs he has imposed has done little to lower the average import duty rate from the elevated levels to which his wave of levies had driven them, researchers from Yale University said on Thursday.

Novartis plans to invest $23 billion in US plants as Trump renews drug tariff threats

Reuters | April 10, 2025 | International Trade

EU, China start talks on lifting EU tariffs on Chinese electric vehicles, Handelsblatt reports

Reuters | April 10, 2025 | International Trade

The European Union and China have begun negotiations on the abolition of EU tariffs on imports of Chinese electric cars, German newspaper Handelsblatt reported on Thursday.

Trump’s stunning tariff pause focuses trade war on China

Reuters | April 10, 2025 | International Trade

U.S. President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries sent battered global stock markets surging on Thursday, even as he ratcheted up a trade war with China.

Trump draws criticism from Michigan business and auto groups as auto tariffs remain

Reuters | April 10, 2025 | International Trade

LVMH finds making Louis Vuitton bags messy in Texas

Reuters | April 10, 2025 | International Trade

Beijing bites back at US tariffs by curbing Hollywood imports

Reuters | April 10, 2025 | International Trade

China said on Thursday it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump's escalation of U.S. tariffs on imported Chinese goods, though analysts say the impact is likely to be minimal.

US close to trade deals with trading partners, White House’s Hassett says

Reuters | April 10, 2025 | International Trade

The United States is considering offers from 15 countries on tariff agreements and is close to deals with some of them, White House economic adviser Kevin Hassett said on Thursday after President Donald Trump lowered some of the duties in a stunning reversal.

US off-price chains poised to win as tariffs play to strengths in sourcing, inventory

Reuters | April 10, 2025 | International Trade

US Steel shares plunge, as Trump’s changing stance on Nippon Steel bid revives uncertainty

Reuters | April 10, 2025 | International Trade | Commodity

Shares of U.S. Steel plunged 11% in premarket trading on Thursday after U.S. President Donald Trump - in a contradiction from previous White House actions - said on Wednesday that he does not want the steel producer to go to Japan, suggesting he does not support Nippon Steel's $14 billion bid.

Water looms as new front in Mexico’s trade negotiations with the US

Reuters | April 09, 2025 | International Trade | Commodity

Mexican officials are scrambling to come up with a plan to increase the amount of water the country sends to the United States because of growing concern that President Donald Trump could drag a dispute over an 81-year-old water treaty into trade negotiations, according to three sources familiar with the matter.

Swiss president talks trade with Trump, hopes for fixes soon

Reuters | April 09, 2025 | International Trade

China, EU retaliate as Trump trade tariffs kick in

Reuters | April 09, 2025 | International Trade

China and the European Union announced new trade barriers on U.S. goods on Wednesday in response to steep duties imposed by U.S. President Donald Trump, escalating a global trade war that has hammered markets and raised the likelihood of recession.

Import cargo levels to drop sharply amid new tariffs and uncertainty

AJOT Newsroom | April 09, 2025 | International Trade | Ports & Terminals

With sweeping tariffs now imposed on all U.S. trading partners, import cargo at the nation’s major container ports is expected to drop dramatically beginning next month, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

International Trade

Reuters | April 09, 2025

China hits back at Trump tariff hike, raises duties on US goods

China hit back at U.S. President Donald Trump singling out the world's second-largest economy for tariffs of more than 100% by raising additional duties on American products to 84% on Wednesday, deepening the trade war between the two superpowers.

International Trade

Reuters | April 09, 2025

EU tariffs to curb US corn imports, soy at lower risk for now

European Union counter-tariffs on U.S. goods starting next week are set to halt a large flow of U.S. corn to Europe and raise costs for buyers chasing alternative supplies of the feed grain, traders and industry representatives said.

Roambee unveils global trade lane risk planning AI platform to navigate tariff uncertainty

AJOT Newsroom | April 09, 2025 | International Trade | Shipping Technology

As global trade faces new turbulence in the wake of the recent overhaul of trade tariffs by the U.S., Roambee, the Supply Chain Decisions AI Provider, today announces the launch of its Global Trade Lane Risk Planning Platform — a powerful, AI-driven analytics solution that delivers Lane Risk Scores to help enterprises navigate volatile global logistics & trade lane planning with confidence.

Activist Ancora drops U.S. Steel campaign after Trump orders review of Nippon Steel bid

Reuters | April 09, 2025 | International Trade | Commodity

Activist investor Ancora said on Wednesday it is withdrawing its nominations for director candidates on the board of U.S. Steel after President Donald Trump ordered a fresh review of Japan's Nippon Steel's bid for the domestic steelmaker.

International Trade

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