International Trade

LVMH considers widening US footprint as CEO Arnault expresses France fatigue

Reuters | January 29, 2025 | International Trade

Companies eye US expansion to lessen fallout from potential tariffs

Reuters | January 29, 2025 | International Trade

US buyers face higher costs if Trump pursues copper, aluminium tariffs

Reuters | January 28, 2025 | International Trade | Commodity

President Donald Trump's threat to impose tariffs on U.S. copper and aluminium imports will result in higher costs for local consumers because of a shortfall in domestic production, analysts and industry participants said on Tuesday.

BMW CEO proposes cutting EU tariff on US vehicle imports to 2.5%

Reuters | January 28, 2025 | International Trade | Maritime | Breakbulk News

BMW will propose this week that the European Union lower its tariff on U.S. car imports to 2.5% from 10%, in line with the current U.S. import tariff, the German automaker's CEO Oliver Zipse said on Tuesday.

Trump emphasizes ‘fair’ trade relations in call with India’s Modi, White House says

Reuters | January 28, 2025 | International Trade

U.S. President Donald Trump stressed the importance of India buying more American-made security equipment and moving toward a fair bilateral trading relationship in a phone call with Prime Minister Narendra Modi on Monday, the White House said.

Canada to speak to partners in a bid to fend off US tariffs, says minister

Reuters | January 28, 2025 | International Trade | Commodity

Canadian Foreign Minister Melanie Joly said on Monday she would soon be talking to counterparts in allied nations in a bid to fend off tariffs that U.S. President Donald Trump is threatening to impose.

Argentina lifts tariffs on low-cost EVs and hybrids, cuts some auto taxes

Reuters | January 28, 2025 | International Trade

Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced cars and motorcycles, the nation's economy minister said on Tuesday.

Boeing not worried about Trump tariff threats, CEO says

Reuters | January 28, 2025 | Air Cargo | Airlines | International Trade

Boeing CEO Kelly Ortberg said on Tuesday he is "not too worried" about the Trump administration's threats to impose tariffs on trade partners, including countries that are important parts of Boeing’s far-flung supply chain.

Canada December wholesale trade most likely up 0.1% - Statscan flash estimate

Reuters | January 28, 2025 | International Trade

Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle and motor vehicle parts and accessories subsector, Statistics Canada said in a flash estimate on Monday.

Brazil could be collateral damage in Trump trade war: McGeever

Reuters | January 28, 2025 | International Trade

Few countries have been hit harder by the soaring dollar and U.S. bond yields than Brazil. But the country has one thing going for it - as U.S. President Donald Trump prepares to levy punitive tariffs on many of America's major trading partners, Brasilia is unlikely to be in his protectionist line of fire.

U.S. reported first outbreak of H5N9 bird flu in poultry, WOAH says

Reuters | January 28, 2025 | International Trade

The United States reported a first outbreak of H5N9 bird flu on a poultry farm, the World Organisation for Animal Health said on Monday.

Colombia avoids trade war with US as business community, citizens call for cooler heads

Reuters | January 27, 2025 | International Trade

International Trade

Stas Margaronis | Top Story | January 27, 2025

Drewry says California wildfires will drive demand for building materials

The Drewry report says that some of the imported building materials that will be required for reconstruction include: iron, steel, plastering materials, lime, cement and machinery.

Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal

Reuters | January 27, 2025 | International Trade | Commodity

Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel.

Tesla joins court challenges to EU tariffs on Chinese EVs

Reuters | January 27, 2025 | International Trade | Maritime | Breakbulk News

Tesla has joined BMW and Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles, according to a filing on the court's website on Monday.

International Trade

Reuters | Top Story | January 27, 2025

US, Colombia reach deal on deportations; tariffs, sanctions put on hold

The U.S. and Colombia pulled back from the brink of a trade war on Sunday after the White House said the South American nation had agreed to accept military aircraft carrying deported migrants.

Trump slaps tariffs on Colombia after it turns back migrant deportation planes

Reuters | January 27, 2025 | International Trade

President Donald Trump said on Sunday he would impose sweeping retaliatory measures on Colombia, including tariffs and sanctions, after the South American country turned away two U.S. military aircraft with migrants being deported as part of the new U.S. administration's immigration crackdown.

International Trade

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