Brendan Murray

Government, Business, Logistics

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. 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.

Brendan Murray | Bloomberg News
April 16, 2020
Government, Business, Logistics

WTO: 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. 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.

Brendan Murray | Bloomberg News
February 18, 2020
Business

Cass Freight Index Signals US Economic Contraction by Year’s End

Trucks at the Port of Long Beach 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.

Brendan Murray | Bloomberg News
September 16, 2019
Government, Business

US and China Locked in New Tariff Stare-Down

Trade War 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.

Brendan Murray | Bloomberg News
August 30, 2019
Government, Business

Trump Says US-China Trade War Tariffs Aren’t Boosting US Prices

Donald Trump 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.

Brendan Murray | Bloomberg News
August 13, 2019
Government, Business

Trade 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.

Brendan Murray | Bloomberg News
June 25, 2019