China extends tariff exemptions on some U.S. goods

“According to a product list published by the MOF, the tariff exemptions are being extended on timber, agricultural products, lubricating oil, machine tools, forging machines, laser products and healthcare products.”

[Global Times]

Cargo shift to U.S. east coast may be permanent loss for Pacific ports

“While the West Coast offers ‘natural advantages,’ a share of its freight lost during the pandemic is likely a lasting structural change amid ongoing dockworker contract talks and new environmental and labor regulations that could disrupt trucking in California.”


Mexico mulls using national guard to combat cargo theft

“From January through September, the SSPC reported 9,644 cargo theft incidents against carriers across Mexico, a 7.5% increase compared to the same period in 2021. The majority of cargo thefts were reported in the center of the country, with the states of Mexico, Puebla, Guanajuato, Jalisco, Michoacan and Queretaro accounting for more than 90% of the total incidents recorded.”


Global trade growth to slow in the last months of 2022 and into 2023

“The barometer index was weighed down by negative readings in sub‐indices representing export orders at 91.7, air freight at 93.3 and electronic components at 91 – an indication of cooling business sentiment and weaker global import demand.”

[Business Standard]

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