Global Trade & Economics

China’s Tech Revolution Aims to Cut Dependence on West

March 2, 2021

For U.S. politicians, China’s potential to dominate sensitive cutting-edge technologies poses one of the biggest geopolitical threats of the next few decades. President Xi Jinping is similarly worried the U.S. will block China’s rise, and is unveiling plans for greater self-sufficiency.

VIDEO

Watch: How Brexit Caught Logistics Leaders by Surprise

March 1, 2021

Robert J. Bowman, SupplyChainBrain

Susan Boylan, director analyst in the Logistics Strategy and Operations Team of Gartner, Inc., describes the key changes in tariffs, immigration rules and customs clearance procedures that U.K. logistics providers are grappling with right now as a result of Brexit.

U.S. Retailers See Millions in Sales Delays Amid Shipping Logjam

February 28, 2021

Bloomberg

Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the bottom of the ocean are causing headaches for U.S. retailers already reeling from the pandemic.

Europe’s Recovery Choices Will Leave It a Year Behind the U.S.

February 26, 2021

Bloomberg

President Biden’s $1.9 trillion stimulus bill, if congressional leaders pass the full amount, would take his administration’s spending in 2021 to more than three times as much as euro-area countries have planned.

VIDEO

Watch: Will the New Stimulus Package Save Struggling Businesses?

February 25, 2021

Robert J. Bowman, SupplyChainBrain

A look at the latest economic stimulus package, proposed by the Biden Administration and being shepherded through a divided Congress, with John Rosen, adjunct professor and director of The Liberty Initiative in the Pompea College of Business Economics Department at the University of New Haven.

Industry Groups Welcome Biden’s Supply-Chain Executive Order

February 25, 2021

SupplyChainBrain

Manufacturing and telecommunications industry groups are celebrating President Biden's order aimed at improving U.S. supply chains to reduce reliance on foreign-made products.

China Is Both a Rival and a Partner, Says Biden Trade Nominee

February 25, 2021

Bloomberg

President Biden’s nominee for trade chief is pledging to work with allies to take on China while also embarking on a pragmatic approach to the Asian nation, saying it’s both a rival and partner whose cooperation the U.S. needs to address global challenges.

Ocean Cargo Snarls Force Global Commerce to Look Outside the Box

February 23, 2021

Bloomberg

An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers to scramble for cheaper solutions.

Chip Crisis Baffles Congress in a World Where U.S. Output Lags

February 22, 2021

Bloomberg

Lawmakers hoping to revitalize U.S. semiconductor manufacturing in response to a global chip shortage will find it tough to do in the near term, even if Congress throws billions in cash subsidies at the problem.

VIDEO

Watch: Freight-Spend and Shipment Trends in Q4 2020

February 18, 2021

Robert J. Bowman, SupplyChainBrain

Bobby Holland, vice president and director of freight data solutions with U.S. Bank, reports improved results for the number of freight shipments and amount spent by shippers in the fourth quarter of 2020.