New U.S. tariffs are contributing to shipping crisis
“Yet barely mentioned outside of a few industry publications is how brand new U.S. tariffs of more than 200 percent(!) are contributing to the problem. And U.S. trade law all but ensures that there’s little we – even the White House itself – can do about it.”
[Cato Institute]
U.S. port problems reach worst of pandemic amid crush of imports
“Vessels are lining up because imports are pouring into the world’s largest economy just as inland transportation -- like trucking and railroads -- contends with its own bottlenecks of shipping containers that aren’t being moved fast enough into distribution centers and warehouses.”
[Bloomberg]
Factories hit by pandemic-related supply disruptions
“Delta variant outbreaks in the region have caused supply chain headaches for the world's largest manufacturers, many of which rely on auto parts and semiconductors made in low-cost bases such as Thailand, Vietnam and Malaysia.”
[Reuters]
Huawei gets U.S. approvals to buy auto chips
“But in recent weeks and months, people familiar with the application process told Reuters the U.S. has granted licenses authorizing suppliers to sell chips to Huawei for such vehicle components as video screens and sensors. The approvals come as Huawei pivots its business toward items that are less susceptible to U.S. trade bans.”
[Reuters]
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