Surging volumes from ultra-fast fashion companies like Shein and Temu are exacerbating e-commerce growth, which has quickly become a major driver for air cargo industry. With U.S. lawmakers more intensely scrutinizing e-commerce goods from Asia in recent years, there’s a chance that the air cargo industry’s windfall may disappear if the de minimis exemption threshold…

China criticizes U.S. for export control measures targeting Chinese firms amidst tensions over military technology access China strongly criticized the United States for adding several Chinese entities to its export control list, accusing the U.S. of imposing unilateral sanctions and interfering with the global trade order. The move, made in an effort to limit Russia’s…

China has announced that it will be imposing export restrictions on antimony, a critical mineral used in the defense and electronics industries. As the world’s largest producer, accounting for 48 percent of global production and 63 percent of U.S. antimony imports, this has raised concerns about potential supply disruptions for U.S. national security. It is…

In a significant move aimed at boosting defence trade and collaboration, the AUKUS nations – Australia, the UK, and the US – have announced the removal of licensing requirements for defence exports between the countries. This groundbreaking decision, described as ‘generational legislative reforms,’ marks a crucial step towards facilitating investment opportunities and fostering closer industry…

In recent developments, the rail labor dispute in Canada has triggered a shutdown of freight traffic on two major railways, posing a significant threat to supply chains across North America. The lockout affecting nearly 9,300 workers at Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) has raised concerns about potential disruptions to the…

Proposed Rule to Amend Definition of Defense Service in the ITAR The US Department of State has proposed a new rule to revise the definition of defense service in the International Traffic in Arms Regulations (ITAR). The proposed amendments aim to redefine defense services to include a broader range of activities related to the development,…

A recent bipartisan effort in the United States has brought forth the Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains (FIGHTING) for America Act, aimed at enhancing scrutiny on e-commerce imports coming from China. The bill, proposed by five senators, responds to the surging number of e-commerce shipments, primarily from platforms like Shein and…

The European Commission has expressed confidence in the compatibility of its investigation findings and subsequent measures against state subsidies for Chinese electric vehicles (EV) with World Trade Organization (WTO) regulations. The EU executive arm continues to uphold its stance amidst an ongoing probe, signaling a robust commitment to fair trade practices. The European Union’s decision…

Fostering Innovation and Competitiveness in U.S. Manufacturing The article presents an overview of state-specific incentives for U.S. Manufacturing. It emphasizes the sector’s considerable economic contribution of $2.2 trillion to the nation’s income in 2020, and its role as a major employer. The focus is on how states compete to attract manufacturing investment by offering various…

China, as the largest producer and consumer of several metals, plays a crucial role in shaping global supply chains. However, recent reports highlighting a significant decline in China’s demand for metals have raised concerns, particularly for U.S. buyers of rare earths. This decline in demand, driven by China’s shift towards a more service-oriented economy, could…

The Port of Los Angeles is facing significant challenges due to a series of power outages. According to the Los Angeles Department of Water and Power (LADWP), there have been nine outages in 2024 alone, averaging more than one per month. Despite substantial investments to enhance power infrastructure and reliability, these efforts are not expected…