Why Miran Claims Exporters Bear the Majority of the Tariffs
Fed’s Milan Explains Misjudgments on Tariffs Federal Reserve President Stephen Milan addressed the misconceptions surrounding tariff-induced inflation in a speech on Monday. His main point? Tariffs should only increase the consumer price level by about two-tenths of a percentage point. Even in a scenario of perfect pass-through, he estimates an upper limit of four-tenths and […]
Which states are the top exporters of beef?
Concerns are mounting among farmers and ranchers in Argentina as the Trump administration is considering raising beef imports from their country. The president, speaking to reporters aboard Air Force One, mentioned that he might boost imports of Argentine beef due to increasing meat prices. Recent data from the Bureau of Labor Statistics indicates that the […]
Struggling banks fail to compensate more than 200 exporters, BGMEA to discuss solution with governor today
Bank Issues Disrupt Export Payments in Bangladesh Recent reports indicate that several banks are struggling to process payments for exporters, leading to significant delays in wage payments and creating fears of labor unrest. Key institutions like Exim Bank and Social Islami Bank (SIBL) are at the center of these problems, severely impacting the operations of […]
Exporters in China hurry to meet Trump’s upcoming tariff deadline
In June, China’s exports saw a resurgence as businesses aimed to capitalize on the fragile tariff ceasefire between Beijing and Washington, especially with strong shipments to Southeast Asia’s transport hubs. Firms on both sides of the Pacific are now uncertain about whether the world’s two largest economies can solidify a more stable deal. In the […]
US Exporters Brace for Impact of China-Targeted Sanctions!
As the Trump administration reinforces its “America-First” trade policy, a fresh series of Section 301 Sanctions aimed at China’s shipbuilding and logistics sectors are set to transform global supply chains. The stated goal is clear: to restore industrial sovereignty, rebalance global maritime competition, and rejuvenate the American shipbuilding industry. Nonetheless, this policy shift can have […]
China trade fair is wake-up call for exporters, US market is ‘frozen’
China’s major trade fairs (the first event since President Trump’s tariffs came into effect) served as a wake-up call for exporters who warned that the US market was completely “freezing.” Companies at Canton Fair, China’s largest trade fair, held every other year in Guangzhou’s southern city, said they are looking for ways to move to […]
Strong Thai baht hitting exporters and tourism, says central bank – Bangkok Post
Publication date: September 30, 2024 17:17 small medium big A worker collects rubber sap from a tree at a plantation in Isan, Thailand, on September 24, 2024. A rapid appreciation of the baht is hurting exporters and tourism spending, the central bank said on Monday. (Bloomberg Photo) rapid thanks Thai Baht Exporters and tourism spending […]
Red Sea Attacks Hurt Chinese Exporters Even as Houthis Promise Not to Bomb Chinese Ships
Chinese exporters are feeling the pinch of rising shipping costs due to the Red Sea terrorist attacks by Yemen's Iranian-backed Houthis, with Premier Li Qiang even vaguely mentioning the crisis in a speech at the World Economic Forum (WEF). is. . In his remarks to the WEF last week, Li emphasized the need to keep […]