Tag #International Trade

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forbes.com

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May 23, 01:12

Trump Executive Order Seeks to Lower Prescription Drug Prices

President Trump issued an executive order on May 12, 2025, aiming to lower U.S. prescription drug prices by increasing prices paid by foreign countries, facing legal and practical challenges while seeking to balance consumer benefits with pharmaceutical innovation.

Trump Executive Order Seeks to Lower Prescription Drug Prices

President Trump issued an executive order on May 12, 2025, aiming to lower U.S. prescription drug prices by increasing prices paid by foreign countries, facing legal and practical challenges while seeking to balance consumer benefits with pharmaceutical innovation.

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Good Health and Well-being

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What are the long-term implications of this executive order on pharmaceutical innovation and the accessibility of new drugs for American consumers?

The executive order's success hinges on navigating legal hurdles, negotiating with foreign governments, and potentially implementing aggressive measures to reduce drug prices. Regulatory reform and AI advancements could help offset disincentives to new drug development caused by price reductions.

abcnews.go.com

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May 22, 01:11

Twelve States Challenge Trump's Tariffs in Federal Court

Twelve states sued President Trump, claiming his tariffs, imposed under the International Emergency Economic Powers Act to address trade deficits, exceed his authority and disrupt the economy; a three-judge panel heard the case Wednesday.

Twelve States Challenge Trump's Tariffs in Federal Court

Twelve states sued President Trump, claiming his tariffs, imposed under the International Emergency Economic Powers Act to address trade deficits, exceed his authority and disrupt the economy; a three-judge panel heard the case Wednesday.

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Decent Work and Economic Growth

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How does the Trump administration's justification for the tariffs compare to President Nixon's actions in 1971, and what are the key differences in the legal context?

The lawsuit challenges the legality of President Trump's use of IEEPA to justify tariffs, arguing that long-standing trade deficits don't constitute an "unusual and extraordinary threat." The Trump administration counters by citing Nixon's precedent under a similar 1917 act, and argues it's a political question for Congress, not the courts. The case highlights the significant legal and economic ramifications of Trump's trade policies.

welt.de

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May 21, 10:12

German Shipbuilding: Boom Amidst Rising Chinese Threat

Despite a positive outlook for German shipbuilders, with high capacity and €10 billion in new civil shipbuilding orders in 2022, China's growing dominance in shipbuilding and military expansion pose a significant threat, particularly given President Xi Jinping's aim to secure Taiwan by 2027.

German Shipbuilding: Boom Amidst Rising Chinese Threat

Despite a positive outlook for German shipbuilders, with high capacity and €10 billion in new civil shipbuilding orders in 2022, China's growing dominance in shipbuilding and military expansion pose a significant threat, particularly given President Xi Jinping's aim to secure Taiwan by 2027.

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Decent Work and Economic Growth

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How does China's growing dominance in shipbuilding affect the German industry?

The success is driven by strong performance in new ship construction, repairs, and naval shipbuilding. However, China's dominance in shipbuilding is a major concern, having increased its weighted gross tonnage from 1.5 million in 2002 to over 20 million, surpassing Europe and South Korea.

spanish.china.org.cn

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May 21, 07:11

Argentinian Ranch Bypasses Intermediaries, Exports Premium Beef Directly to China

Cabaña La Indiana, an Argentinan Angus cattle ranch, began directly exporting premium beef to China in 2024, bypassing intermediaries and focusing on high-quality cuts to meet Chinese consumer demand, showcasing a new model for Argentinian agricultural exports.

Argentinian Ranch Bypasses Intermediaries, Exports Premium Beef Directly to China

Cabaña La Indiana, an Argentinan Angus cattle ranch, began directly exporting premium beef to China in 2024, bypassing intermediaries and focusing on high-quality cuts to meet Chinese consumer demand, showcasing a new model for Argentinian agricultural exports.

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Decent Work and Economic Growth

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What is the primary impact of Cabaña La Indiana's direct export strategy to China on the Argentinian beef industry?

Cabaña La Indiana, an Argentinan Angus cattle ranch, has established a direct export channel to China, bypassing intermediaries and delivering premium beef directly from farm to Shanghai plates. This strategy, initiated in 2024, focuses on high-quality cuts tailored to Chinese consumer preferences, significantly boosting their market presence.

chinadaily.com.cn

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May 20, 04:08

China's Ascendance in Fortune Global 500 and Shifting FDI Strategy

China's economic growth is evident in its increasing presence on the Fortune Global 500 list, with 128 companies in 2024 compared to 151 US companies in 1995; this rise is accompanied by a shift in foreign direct investment toward emerging markets, reflecting strategic adaptation to global economic ...

China's Ascendance in Fortune Global 500 and Shifting FDI Strategy

China's economic growth is evident in its increasing presence on the Fortune Global 500 list, with 128 companies in 2024 compared to 151 US companies in 1995; this rise is accompanied by a shift in foreign direct investment toward emerging markets, reflecting strategic adaptation to global economic ...

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Decent Work and Economic Growth

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What factors are driving the shift in Chinese foreign direct investment towards emerging markets?

China's presence extends beyond the Fortune 500, with an estimated 25 percent of the world's 'billionaire companies' (those with over $1 billion in revenue) being Chinese, exceeding the US's 19 percent. This is coupled with significant foreign direct investment (FDI) across continents, including substantial investment in emerging markets. This shows a diversification of its economic reach and a strategic response to restrictions in developed markets.

europe.chinadaily.com.cn

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May 20, 07:12

US Retreat from Globalization Fuels Rise of Global South-Led Economic Order

The United States' retreat from globalization, driven by internal political shifts and economic anxieties, is creating a power vacuum filled by Global South nations, leading to a new multipolar global economic order characterized by alternative trade models and multilateral mechanisms.

US Retreat from Globalization Fuels Rise of Global South-Led Economic Order

The United States' retreat from globalization, driven by internal political shifts and economic anxieties, is creating a power vacuum filled by Global South nations, leading to a new multipolar global economic order characterized by alternative trade models and multilateral mechanisms.

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Reduced Inequality

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How is the US's withdrawal from globalization impacting global trade and governance structures?

The US, once a champion of globalization, is now retreating due to perceived economic disadvantages and internal political shifts. This retreat is marked by protectionism, withdrawal from multilateral organizations, and a focus on bilateral deals, impacting global trade and governance. The resulting power vacuum is being filled by Global South nations.

theglobeandmail.com

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May 22, 07:12

U.S. States Challenge Trump's Tariffs in Court

Twelve U.S. states filed a lawsuit in New York's Court of International Trade challenging President Trump's tariffs, arguing they exceed his legal authority under the International Emergency Economic Powers Act (IEEPA); the Trump administration contends that the courts cannot judge the President's d...

U.S. States Challenge Trump's Tariffs in Court

Twelve U.S. states filed a lawsuit in New York's Court of International Trade challenging President Trump's tariffs, arguing they exceed his legal authority under the International Emergency Economic Powers Act (IEEPA); the Trump administration contends that the courts cannot judge the President's d...

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Reduced Inequality

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What are the potential long-term implications of this case for U.S. trade policy and the balance of power between the executive and legislative branches?

The court's decision will have far-reaching implications for the balance of power between the executive and judicial branches regarding trade policy. A ruling against the President could constrain future administrations' use of tariffs as a foreign policy tool, potentially shifting power back to Congress. Conversely, a ruling for the President would strengthen executive authority in trade matters, potentially leading to more unilateral actions.

elpais.com

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May 21, 01:10

US Grants Partial Tariff Relief to Mexican Autos Under USMCA

The US granted a 40-50% tariff reduction on Mexican and Canadian vehicles meeting USMCA rules, generating an estimated $15.2 billion in revenue for the US, impacting 2.6 million Mexican vehicles.

US Grants Partial Tariff Relief to Mexican Autos Under USMCA

The US granted a 40-50% tariff reduction on Mexican and Canadian vehicles meeting USMCA rules, generating an estimated $15.2 billion in revenue for the US, impacting 2.6 million Mexican vehicles.

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Decent Work and Economic Growth

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What is the immediate impact of the new US tariff policy on Mexican auto exports to the US?

The US will grant a 40-50% tariff reduction on Mexican and Canadian vehicles meeting USMCA rules, resulting in approximately $15.2 billion in tariff revenue for the US despite the discount. Around 2.6 million Mexican vehicles may qualify for preferential treatment. This represents a partial victory for Mexico, though a significant portion of tariffs remain.

npr.org

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May 21, 07:11

U.S. Tariff Enforcement Undermined by Transshipping and Resource Shortages

Understaffing and budget cuts at U.S. Customs and Border Protection are hindering the collection of tariffs, allowing Chinese companies to avoid them by transshipping goods through third countries like Thailand and Vietnam; this is resulting in significant revenue loss for the U.S. government.

U.S. Tariff Enforcement Undermined by Transshipping and Resource Shortages

Understaffing and budget cuts at U.S. Customs and Border Protection are hindering the collection of tariffs, allowing Chinese companies to avoid them by transshipping goods through third countries like Thailand and Vietnam; this is resulting in significant revenue loss for the U.S. government.

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Decent Work and Economic Growth

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How is the under-enforcement of U.S. tariffs impacting government revenue and what are the direct consequences of this failure?

The U.S. is failing to collect significant revenue from imposed tariffs due to transshipping—Chinese companies are routing products through third countries to avoid tariffs. This is exacerbated by understaffing and budget cuts within the U.S. Customs and Border Protection (CBP), hindering effective enforcement.

africa.chinadaily.com.cn

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May 20, 07:12

China's Economic Power: A Fortune Global 500 Analysis

China's economic clout is evident in its significant rise on the 2024 Fortune Global 500 list, with 128 companies compared to 151 US companies in 1995; Chinese firms hold 25% of the world's "billionaire companies," and a strategic shift toward emerging markets reflects adaptations to changing global...

China's Economic Power: A Fortune Global 500 Analysis

China's economic clout is evident in its significant rise on the 2024 Fortune Global 500 list, with 128 companies compared to 151 US companies in 1995; Chinese firms hold 25% of the world's "billionaire companies," and a strategic shift toward emerging markets reflects adaptations to changing global...

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Decent Work and Economic Growth

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How has China's presence in the Fortune Global 500 changed from 1995 to 2024, and what does this indicate about its global economic influence?

China's rise in the Fortune Global 500 reflects its economic power. In 1995, the US led with 151 companies; by 2024, China had 128, second only to the US's 139. Several Chinese companies now rank among the top 30 globally, showcasing diversification across sectors like technology, energy, and finance.

forbes.com

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May 20, 16:11

U.S. Tariffs Cause Billions in Losses for Major Corporations

The implementation of new U.S. tariffs caused significant financial losses for numerous multinational corporations in 2025, leading to decreased profits, withdrawn financial guidance, and altered business strategies.

U.S. Tariffs Cause Billions in Losses for Major Corporations

The implementation of new U.S. tariffs caused significant financial losses for numerous multinational corporations in 2025, leading to decreased profits, withdrawn financial guidance, and altered business strategies.

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Reduced Inequality

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What is the immediate financial impact of the newly implemented U.S. tariffs on major corporations?

The implementation of new U.S. tariffs has negatively impacted numerous major corporations, resulting in decreased profits and withdrawn financial guidance for 2025. Companies across diverse sectors, including automotive, consumer goods, and technology, reported significant financial losses attributed to these tariffs.

lefigaro.fr

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May 20, 04:08

Macron and Merz Call for Repeal of EU Corporate Sustainability Directive

French President Emmanuel Macron and German Chancellor Merz advocate for the abolishment of the EU's Corporate Sustainability Due Diligence Directive (CS3D), citing concerns about competitiveness against nations with lower standards and the impact of the US Inflation Reduction Act; NGOs oppose this ...

Macron and Merz Call for Repeal of EU Corporate Sustainability Directive

French President Emmanuel Macron and German Chancellor Merz advocate for the abolishment of the EU's Corporate Sustainability Due Diligence Directive (CS3D), citing concerns about competitiveness against nations with lower standards and the impact of the US Inflation Reduction Act; NGOs oppose this ...

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Responsible Consumption and Production

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What are the immediate implications of President Macron's call to abolish the EU's Corporate Sustainability Due Diligence Directive?

French President Emmanuel Macron called for the complete elimination of the European Union's Corporate Sustainability Due Diligence Directive (CS3D), which mandates large companies to monitor and mitigate human rights and environmental violations within their supply chains. He echoed German Chancellor Merz's similar call, advocating for quicker regulatory simplification to enhance European competitiveness.

Showing 373 to 384 of 1,448 results