The U.S. supply chain is now facing two trade hurdles
“Two of the major trade lanes for U.S. shippers are under strain this peak season. The heatwave in China has shut down key manufacturing and the growing backlog of European imports is expected to spill over into the first quarter of 2023.”
[CNBC]
Despite billions in canceled orders, container imports stay near peak
“Unprecedented throughput at the nation’s terminals has not been enough to clear queues of waiting ships. As of Thursday morning, there were still 130 container vessels waiting off North American ports.”
[American Shipper]
US-Taiwan Trade Talks Kick Off in Long-Planned Counter to China
“The US and Taiwan will start formal talks on a trade and economic initiative, following through on a long-planned promise to deepen ties amid opposition from China.”
[Bloomberg]
U.S. hits the EV accelerator to cut Chinese metals ties
“Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity to produce wind turbines, solar panels and electric vehicles.”
[Reuters]
Copyright © 2025 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.