Tag

Imports

All articles tagged with #imports

politics2 hours ago

White House Sets Negotiations to Secure Critical Minerals Supply

The White House issued a Section 232 proclamation after a Commerce Department finding that imports of processed critical minerals and their derivatives threaten US national security. It emphasizes PCMDPs’ essential role in defense and infrastructure, notes heavy US dependence on foreign sources and price volatility, and calls for negotiations with trading partners to adjust imports (potentially with tariffs or price floors). The President directs the Secretary and the USTR to pursue agreements, monitor progress, and provide updates within 180 days, while retaining authority to take further actions to secure domestic mining, processing, and supply chains.

world20 hours ago

China Posts Historic Trade Surplus as Exports Flood Global Markets

China posted a $1.19 trillion trade surplus for 2025—the largest on record and up 20% from 2024—driven by a weak renminbi and booming exports to Europe, Africa and Southeast Asia, while imports were flat; despite U.S. tariffs shaving about 22% off the U.S. surplus, shipments to other regions surged as Beijing pursues self‑reliance ahead of its 2030 plan, with the IMF urging currency normalization and a shift toward stronger domestic demand.

economy6 days ago

U.S. Trade Deficit Hits 2009 Low Amid Tariff Impact

In October 2025, the U.S. trade deficit decreased to $29.4 billion, driven by a decline in imports and an increase in exports, marking a significant improvement from September. The goods deficit fell by $19.2 billion, and exports of goods and services increased, reflecting a positive trend in U.S. international trade. Year-to-date, the deficit has increased compared to 2024, but the recent monthly figures show a narrowing gap.

world18 days ago

Gaza's iPhone Boom Amidst Homelessness

Purchases of the new iPhone 17 Pro are rising in Gaza, with many buyers being displaced and unemployed, as the compact phones are easier to import than bulkier aid supplies. There are concerns about Israel using phones for surveillance, and despite limited official channels, phones are being sold at high prices, highlighting ongoing tensions over imports and aid in Gaza.

environment22 days ago

EU Targets Cheap Plastic Imports Amid Recycling Plant Closures

The EU is planning to implement checks on imported plastics and other measures to support its struggling recycling industry, which has faced closures due to low demand and cheap imports, including from China. Proposed measures include monitoring imports, establishing a single waste market, and clarifying chemical recycling rules to promote circularity and protect domestic producers.

government3 months ago

U.S. Implements New Tariffs on Timber, Furniture, and Pharmaceuticals

The President of the United States issued a proclamation to adjust tariffs on timber, lumber, and related products due to concerns that current import levels threaten national security by weakening domestic industry and supply chains. The measures include implementing tariffs ranging from 10% to 50%, with plans to monitor and negotiate with trade partners to address these security concerns and bolster domestic production and resilience.