News
June 20, 2025
Canada’s Prime Minister Mark Carney said Thursday he will impose new tariffs on U.S. steel and aluminum imports on July 21 depending the progress of trade talks with U.S. President Donald Trump.
June 19, 2025
Tensions between Israel and Iran have escalated, raising serious concerns over the stability of key logistics routes in the Middle East.
June 17, 2025
U.S. President Donald Trump and U.K. Prime Minister Keir Starmer have signed a deal removing some trade barriers between the two countries, bringing into force parts of an agreement made in May. The deal reduces tariffs on U.K. cars being shipped to the U.S., but keeps a 10% tariff on most U.K. goods, and has not addressed the expected removal of charges on steel imports, currently set at 25%.
June 16, 2025
The Port of Los Angeles reported that imports for the month of May were down by 9% compared to the same period last year, according to Eugene Seroka, Executive Director Port of Los Angeles. Seroka said uncertainty plagues orders for peak season and therefore for the holidays.
June 13, 2025
Major U.S. ports are expecting a summer surge in imports as retailers capitalize on the 90-day reduction of China-based tariffs, according to the Global Port Tracker published Tuesday by the National Retail Federation and Hackett Associates.
June 11, 2025
The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing.
June 9, 2025
High-level delegations from the United States and China are meeting in London on Monday to try and shore up a fragile truce in a trade dispute that has roiled the global economy,
June 4, 2025
Europe and the United States say progress has been made but there were no breakthroughs during a meeting in Paris to negotiate a settlement of a tense tariff spat with worldwide economic ramifications between two global economic powerhouses.
June 3, 2025
The Trump administration wants countries to provide their best offer on trade negotiations by Wednesday as officials seek to accelerate talks with multiple partners ahead of a self-imposed deadline in just five weeks, according to a draft letter to negotiating partners seen by Reuters.
June 2, 2025
President Donald Trump announced he’s increasing steel tariffs from 25% to 50% during remarks at a U.S. Steel factory in Pittsburgh on Friday.