CPATPP may save UK exporters from Canada free trade deal failure
For UK automotive manufacturers, a new trade route to Canada beckons – via the Pacific. Not ...
In case you weren’t aware, Donald Trump cares little for renewable energy. His latest legislative moves confirm this: the president has imposed duties of up to 30% on solar equipment made outside the US. For a $28bn industry reliant on overseas parts for 80% of its supply chain, Bloomberg says this could more than undermine the economics of renewables – 23,000 US jobs could be lost. It’s not just solar panels: washing machines, consumer electronics and steel could also face tariffs, which could result in seeing other countries impose restrictions on US goods.
But not only does Mr Trump take umbrage with foreign solar manufacturers, he seems to take umbrage with any foreign industry. Thus, US truckers fear the consequences of any rollback of Nafta – a move that would likely result in significant tariffs for Mexican importers.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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