European manufacturers are also bracing themselves for retaliatory measures from China, in the form of a range of duties on its exports, including vehicles, but also other products.
Red Sea diversions have had many carriers pulling shipping schedules forward in anticipation of future disruptions in the region, but that is unlikely to last.
The SCF Primorye was sanctioned by the U.S. Treasury’s Office of Foreign Assets Control in October, after which it didn’t load oil again for about six months.
Walmart first started experimenting with drone deliveries in the Dallas-Forth Worth region in 2021, before expanding the service to cover 75% of the region in early 2024.