tariffs

With spot rates on Asia-Europe shipments now being discounted on an almost daily basis, freight buyers on the trades fear that a new freight rate war may now

The maritime shipping industry is facing multiple headwinds as the Drewry World Container Index (WCI) fell 6% to $1,913 per 40ft container this week, marking

The Port of Los Angeles handled 958,355 Twenty-Foot Equivalent Units (TEUs) in August, nearly matching last year’s strong performance amid economic headwinds

International Container Terminal Services, Inc. is pursuing further acquisitions in emerging economies, with the top Philippine port operator benefiting from a

Japan’s exports fell for the fourth consecutive month as US President Donald Trump’s tariffs continued to cloud the prospects for global commerce,

China’s export growth slowed to the weakest in six months as a slump in shipments to the US deepened again, although a surge in sales to other markets kept

President Donald Trump gave Japanese automakers some relief by cutting his high U.S. tariffs on their vehicles, but the reduced levies still mean big pain

India and the US are keeping informal communication channels open, and New Delhi has no immediate plans to retaliate against President Donald Trump’s 50%

U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, dealing a serious blow to

By Brian Platt and Josh Wingrove Aug 22, 2025 (Bloomberg) –Canada will remove its retaliatory tariffs on a long list of US products that comply with the

The United States and the European Union on Thursday locked in a framework trade deal reached last month that includes a 15% U.S. tariff on most EU imports,

India’s trade deficit widened to an eight-month high in July, as the rise in inbound shipments outpaced the growth in exports.  The gap between exports and

South Africa will submit a revised offer for a trade deal to Washington on Tuesday, the trade minister said, in an effort to lower the 30% tariff rate U.S.

China said its imports of Russian oil are justified, pushing back against US threats of new tariffs after Washington slapped secondary levies on India for

New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India's first

The Canadian government is looking hard at developing a remote northern port on Hudson Bay as a conduit for exporting natural gas, potash, canola and other

Shipping group Maersk MAERSKb.CO raised its full-year profit forecast on Thursday as robust global container demand defied fears that tariffs would hit

U.S. President Donald Trump's tirade against India over trade and Russian oil purchases threatens to undo two decades of diplomatic progress, analysts and

U.S. President Donald Trump signed an Executive Order today imposing a 25% tariff on imports from India, citing the country’s continued purchase of

NEW DELHI, Aug 2 (Reuters) – India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two