Tag: Donald Trump

International Business and TradePolicy

Global Shipping Climate Accord Stalled Amid US Opposition Tactics

A landmark climate agreement for the global shipping industry has been postponed following contentious negotiations at the International Maritime Organization. The delay comes after the US and allied nations applied pressure to block the proposed carbon levy, drawing criticism from climate-vulnerable countries and industry representatives.

Shipping Emissions Agreement Derailed

A United Nations-backed climate framework for the global shipping industry has been effectively stalled after a controversial vote to delay adoption for one year, according to reports from the International Maritime Organization meetings in London. The Net Zero Framework, which had been provisionally agreed upon by a majority of countries in April, would have established a legally-binding carbon price on shipping emissions starting in 2030.

by Jessica Moore P.E.
Economy and TradingInternational Business and Trade

Chinese Exporters Shift Focus From US Markets Amid Tariff Volatility

Chinese exporters are reportedly abandoning the US market after months of tariff instability. Manufacturers of appliances and seasonal goods are shifting focus to Europe, Latin America, and other regions as trade relations remain unpredictable.

Exporters Pivot From US Market

Chinese manufacturers are increasingly shifting their focus away from the United States market amid ongoing tariff volatility, according to reports from Reuters. Exporters producing everything from kitchen appliances to seasonal decorations are reportedly redirecting their goods to buyers in Europe, Latin America, the Middle East, and Africa.

by Jessica Moore P.E.
International Business and TradePolicy

Trump Acknowledges 100% China Tariffs Unsustainable Amid Trade Standoff

President Donald Trump has acknowledged that his proposed 100% tariffs on Chinese imports would not be sustainable long-term. The comments come amid escalating trade tensions following China’s expansion of rare earth export controls.

Trump Calls 100% China Tariffs Unsustainable in Fox Business Interview

President Donald Trump has stated that his proposed 100% tariff on Chinese goods would not be sustainable for the U.S. economy, according to reports from a recent Fox Business Network interview. The president placed responsibility for the escalating trade measures squarely on China, citing their recent expansion of rare earth element export controls as the catalyst for the new tariffs.

by Michael Turner
BusinessPolicy

Business Groups Challenge H-1B Visa Fee Hike as Labor Market Quality Concerns Mount

The U.S. Chamber of Commerce has filed suit against the Trump administration’s planned $100,000 H-1B visa fee, arguing it will harm American businesses. Meanwhile, new research reveals concerning trends in job quality, with just 40% of U.S. workers holding what analysts classify as quality positions.

Legal Challenge to Visa Fee Increase

According to reports, the U.S. Chamber of Commerce has filed a lawsuit against the Trump administration over a planned $100,000 fee for H-1B visas. Sources indicate the business group claims the substantial fee increase will harm American businesses, particularly smaller firms with limited capital. The lawsuit comes amid broader labor economics concerns and ongoing debates about immigration policy’s impact on the workforce.

by Jessica Moore P.E.
GovernmentPolicy

Trump to Hold Crucial Ukraine Aid Talks with Zelenskiy Following Putin Call

U.S. President Donald Trump will meet Ukrainian President Volodymyr Zelenskiy to discuss potential Tomahawk missile supplies amid renewed diplomacy with Russia. The talks follow Trump’s lengthy call with Vladimir Putin, where he expressed optimism about reaching a deal on the Ukraine conflict.

White House Prepares for High-Stakes Ukraine Talks

U.S. President Donald Trump is scheduled to host Ukrainian President Volodymyr Zelenskiy at the White House on Friday, marking their third meeting this year, according to reports. The talks are expected to focus on potential military assistance, including the possible supply of Tomahawk missiles to Ukraine, though analysts suggest the surprise announcement of a new U.S.-Russian summit has complicated the prospects.

by Jessica Moore P.E.