Brendan Murray
Crunch Time Coming for World’s Supply Chains
Trucks stand in a queue while waiting to cross the border from Hungary into Romania on April 8. (Akos Stiller/Bloomberg News)
COVID-19 is about to put the global trading system through its most dramatic stress test since World War II, with supply lines for essential food and medical goods entering a critical phase as the pandemic peaks in the U.S. and Europe.
April 16, 2020WTO: Slump in Global Goods Trade to Deepen With Coronavirus
A Maersk container ship sails in Yangshan Deep Water Port in Shanghai, China, in July 2018. (Qilai Shen/Bloomberg News)
Global trade in goods will likely stay weak in coming months as disruptions from coronavirus in China staunch the movement of international commerce already slowed by tariffs and uncertainty, according to the World Trade Organization.
February 18, 2020Cass Freight Index Signals US Economic Contraction by Year’s End
TT File Photo
The Cass Freight Index, a monthly measure of rail, trucking and airfreight volume, dropped 3% in August from a year earlier, the ninth consecutive month of declines.
September 16, 2019US and China Locked in New Tariff Stare-Down
Tim Rue/Bloomberg News
Labor Day picnic products are just a sampling of the more than 3,200 categories of Chinese goods targeted for the new tariff starting Sept. 1, barring a last-minute flinch by President Donald Trump.
August 30, 2019Trump Says US-China Trade War Tariffs Aren’t Boosting US Prices
President Donald Trump by Andrew Harrer/Bloomberg
President Donald Trump decried China’s “massive” intervention to suppress the yuan, portraying the U.S. as the beneficiary of his tariffs on Chinese imports and signaling the policy isn’t pushing up domestic prices.
August 13, 2019Trade War Hinders Global Trade in April
Ben Nelms/Bloomberg News
Global trade stumbled in April as the tariff war between the United States and China showed few signs of ending, figures released June 25 showed.
June 25, 2019