U.K. Chancellor Rishi Sunak unveiled a roster of eight English freeports, low-tariff business zones being created to stimulate trade and investment in the wake of Brexit and the coronavirus crisis.
A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting ways the pandemic is still causing imbalances in the global recovery.
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.
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.
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.
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.
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.
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.
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.