What products would be disrupted by a port strike?
The looming strike by about 45,000 ILA dockworkers at ports on the East and Gulf coasts would affect a variety of products imported and exported at the 36 seaports at risk of stoppages.
Trump says he'll hit John Deere with 200% tariffs if it moves production to Mexico
Former President Trump said he'll impose 200% tariffs on John Deere's imported products if it shifts production from the Midwestern U.S. to Mexico as previously announced.
Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase
Nippon Steel and U.S. Steel are pushing back on reports their merger would undermine U.S. national security amid reports the Biden-Harris administration is preparing to block the deal.
Canadian railroads shut down over labor dispute, threatening supply chains
Canada's two major railroads locked out nearly 10,000 workers on Thursday after labor talks with the Teamsters union broke down. The shutdowns could be felt throughout North America.
It's going to be 'very hard' for VP Harris to 'run away' from Biden's record: David Malpass
Former World Bank President David Malpass discusses Trump's stance on tariffs, Kamala Harris' economic record, the Banks of England and Japan's management of rates, and the July jobs report.
Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports
Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.
Musk says Tesla's Mexico factory on pause over Trump's tariff pledge
Tesla CEO Elon Musk said on the company's earnings call that its planned Gigafactory Mexico is on pause pending the U.S. election due to former President Trump's tariff pledge.
Nippon Steel hires former Trump official Mike Pompeo to advise on US Steel acquisition
Nippon Steel announced that it hired former Secretary of State Mike Pompeo to advise the firm on its planned acquisition of U.S. Steel, which faces political and regulatory scrutiny.
Trump VP pick Vance slams Biden for supporting NAFTA, trade with China
Republican vice presidential nominee JD Vance slammed President Biden for his support of NAFTA and China receiving most favored nation status prior to it joining the WTO.
Court blocks Biden admin's ban on new LNG exports
A federal judge in Louisiana granted a motion by energy-producing states to pause the Biden administration's ban on new LNG export projects due to its impact on those states' economies.
Tesla CEO Elon Musk says he opposes EV tax incentives, tariffs on Chinese EVs
Tesla CEO Elon Musk on Thursday said that the Biden administration's tariffs on Chinese electric vehicles were not necessary in order for his company to remain competitive.
Biden hikes tariffs on certain imports from China by $18B
President Joe Biden announced higher tariffs on imports from China that cover products like EVs, solar panels, steel and aluminum, which will carry a price tag of roughly $18 billion.
China protests 'abuse' of US export controls after trade restricted for 37 Chinese firms
After the U.S. restricted trade for 37 Chinese firms, some over security concerns, a spokesperson for China's foreign ministry accused the U.S. of abusing export control tools.
US blocks some Intel, Qualcomm exports to China over Beijing's objections
The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.
Swiss Army Knife maker plans model without a well-known feature
Swiss Army Knife manufacturer Victorinox is planning new models of tools that will be bladeless to give the company access to markets where carrying a knife is restricted.
Williams Sonoma labeled Chinese-made merchandise American made; ordered to pay over $3M
The FTC and the Justice Department said Friday that Williams-Sonoma Inc. has agreed to a settlement, which includes a $3.175 million civil penalty.
Modi doesn't need Musk to win elections, but billionaire's visit a boon for India, expert says
India's electric vehicle market remains underdeveloped, with EV's making up around 2% of car sales in the country, which ranks as the third-biggest automobile market.
Biden takes action against China’s unfair practices to protect US steel and shipbuilding industries
Biden called on the United States Trade Representative to triple the tariff rate on Chinese steel and aluminum imports and to investigate China’s unfair shipbuilding practices.
Economists weigh pros and cons of Trump plan for 60% tariff on China
Economists debate the pros and cons of former President Trump's proposed 60% tariff on all Chinese imports, which could raise prices on American business and consumers.
Biden admin weighs labels for products made by Israeli settlers in West Bank: report
The Biden administration is reportedly considering requiring products made in the West Bank by Israeli settlers to say those goods were made in the West Bank instead of Israel.



















