Shanghai Expands Cargo Network to Mexico, Ethiopia Shanghai is set to establish two overseas cargo stations in Ethiopia and Mexico. The initiative, led by Shanghai Airport, aims to support China’s dual circulation strategy and strengthen Shanghai’s role as a high-quality international air cargo hub.According to the China Daily, the new cargo station
2025 06-10 The Connection between Global Economy and Tariffs Introduction The global economy and tariffs have long shared a complex, often contentious relationship. As nations grapple with inflation, geopolitical tensions, and supply chain disruptions, tariffs—taxes on imported goods—are increasingly wielded as tools of economic policy. This article examines
2025 05-29 China and the U.S. reach agreement to reduce tariffs, negotiations continue U.S. Treasury Secretary Scott Bessent said tariffs on Chinese imports would be reduced from 145% to 30%, while China would reduce tariffs on U.S. goods from 125% to 10%. The agreement is seen as a strategic start to promote broader economic negotiations between the two sides.Global stock markets soa
2025 05-29 Analyzing The Impact of US Tariffs on Global Imports And Exports U.S. Tariff Hikes Reshape Global Trade Flows, Sparking Widespread Repercussions *By [Your Name], Global Trade Analyst* Washington, D.C. — The recent imposition of tariffs by the United States on $300 billion worth of Chinese imports, alongside duties targeting steel, aluminum, and agricultural goo
2025 05-19 U.S. Bearing Manufacturers Navigate Policy Shifts and Export Challenges in 2025 As the U.S. intensifies its tariff policies to revive domestic manufacturing, American bearing factories face a dual reality: short-term protectionism and long-term strategic recalibration. While the administration’s 145% "low comprehensive tariff" on Chinese goods aims to shield domestic industries, manufacturers warn of unintended consequences, including supply chain disruptions and global market retaliatio
2025 05-09