A double whammy of tariffs and strikes is coming for U.S. trade and the global supply chain in early 2025

Shippers and logistics companies are gaming out a complex early 2025 as President Trump may implement new tariffs as East, Gulf Coast ports start new strike.

Business - CNBC - 5 hours ago

New EU directive puts global supply chains and sovereignty at risk

The EU's directive on corporate sustainability due diligence requires businesses to identify and address adverse human rights and environmental impacts, potentially leading to a regulatory ...

Politics - The Hill - October 21

U.S. Drugmakers Are Breaking Up With Their Chinese Supply-Chain Partners

U.S. drugmakers and biotechs have come to rely on Chinese partners. Now, some of them are looking for alternatives as geopolitical tensions rise.

Business - The Wall Street Journal - November 1

U.S. Chip Toolmakers Move to Cut China From Supply Chains

Applied Materials and Lam Research are telling vendors to follow new restrictions, spurred by U.S. government pressure.

Tech - The Wall Street Journal - November 4

Ukraine strikes Russia with U.S.-supplied missiles

Ukraine struck Russia with U.S.-supplied long-range missiles known as ATACMS, prompting Russian President Vladimir Putin to respond with a nuclear threat. Holly Williams has the latest.

Trump vow on new trade war sends shockwaves through supply chain, importers scramble to move up orders

President Trump's aggressive threats about new tariffs on imports are resulting in a scramble among shippers to get cargo into the U.S. sooner than planned.

Business - CNBC - November 7

Global ETFs slide as investors see Trump tariff policies hurting trade

Exchange-traded funds tracking international stocks broadly struggled as investors reacted to Donald Trump's victory.

Business - CNBC - November 6

Biden authorizes Ukraine to strike Russia with U.S.-supplied long-range missiles

President Joe Biden has authorized Ukraine to use U.S.-provided long-range weapons inside Russia for limited strikes, according to two U.S. officials.

U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats

Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.

Business - The New York Times - November 4

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic

World - ABC News - 6 days ago

Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'

Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated with its own U.S. import taxes

Business - CNBC - November 10

The Guardian view on Trump’s tariff push: it should spark a global call for fairer trade | Editorial

US protectionism raises alarms, underscoring the need for balanced policies as wealthy nations’ tariffs can hurt developing economies. “To me, the most beautiful word in the dictionary is tariff,” ...

World - The Guardian - November 11

Eye Opener: Biden allows Ukraine to strike Russia with long-range, U.S.-supplied missiles

President Biden lifted the restriction that will allow Ukraine to use U.S.-suplied missiles with a range of 190 miles against Russia. Also, new controversy over President-elect Trump's Cabinet ...

From cars to planes: global manufacturers brace for Trump’s tariffs

Executives across multiple industries expect supply chain upheaval

Business - Financial Times - November 8

Airbus sticks to aircraft production target despite supply chain woes

Board plans to propose renewing Guillaume Faury’s mandate as chief executive next year

Business - Financial Times - October 30

Rolls-Royce sticks to outlook despite supply chain woes

UK aerospace group buoyed by post-pandemic surge in international travel

World - Financial Times - November 7

Piano maker Edelweiss finds the key to recalibrating supply chain

British business found a pandemic necessity inspired a grand reinvention

World - Financial Times - 6 days ago

U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says

An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.

Business - CNBC - October 23

Your guide to how to dodge a tariff

As Trump prepares to return to the White House, it might be time to dust off that soyabean cookbook

Business - Financial Times - 4 days ago

Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike

Stocks fell and investors fled to safe haven assets on Tuesday, as global markets reacted to escalating tensions between the world's two largest nuclear powers.

Business - CNBC - 9 hours ago

Early 2025 NFL trade candidates: Geno Smith, Derek Carr among 10 big names to watch after 2024 trade deadline

Which veterans could be on the block after the season?

Sports - CBS Sports - November 6

Kroger and Walmart Deny ‘Surge Pricing’ After Adopting Digital Price Tags

Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the technology has not raised customers’ grocery bills.

Business - The New York Times - October 23

Labor strikes shut down operations at Canada's container ports from East to West Coast, with U.S. trade left in limbo

Ports of Vancouver and Prince Rupert are at a standstill after ILWU union workers walked off the job, the latest in a string of Canadian labor strikes.

Business - CNBC - November 4

U.S. trade deficit widens to 30-month high as imports flood in before port strike. GDP shaved.

The U.S. trade deficit jumped to a 30-month high in September, keeping the economy from posting a second straight 3% increase in gross domestic product.

Business - MarketWatch - November 5

Pizza chain sparks protests for doubling down on dessert referring to ex-Mayor Marion Barry and drug use

Protesters are demanding an apology and a D.C. pizza shop has been vandalized amid the controversy over &pizza’s ad campaign that makes light of the late Mayor Marion Barry’s drug use.

D.C. pizza chain sparks protests for doubling down on ex-mayor's drug use

Protesters are demanding an apology and a D.C. pizza shop was vandalized for an ad campaign making light of the late Mayor Marion Barry’s drug use. &Pizza promoted a dessert called Marion Berry ...

Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview

Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.

Business - CNBC - October 26

New book from famed photographer focuses on the forces behind the global food chain

Award-winning photographer George Steinmetz has released his sixth book, "Feed the Planet." The book focuses on the people and places powering the world’s food chain, and highlights how those ...

World - CBS News - 3 days ago

New report reveals global diabetes rates have doubled since 1990

A new report shows global diabetes rates have doubled, rising from 7% in 1990 to 14% in 2022, with the largest increase seen in low and middle-income countries. CBS News medical contributor Dr. ...

Tariff surge would damage global growth, IMF warns

In a forecast two weeks before US election the fund says greater protectionism would drag down world economy

Business - Financial Times - October 22

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - October 28

Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances

Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.

Business - The New York Times - October 29

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