The U. S. has recently taken a tough stance on Mexico's aviation policies. The move comes after Mexico asked airlines to shift from the main airport in Mexico City to a newer one farther away. The U. S. sees this as a breach of their trade deal and a way for Mexico to favor its own airlines. The U.
Free Trade Zones (FTZs) are like special zones where businesses get extra perks to trade globally. A recent study looked at companies listed on the Shanghai and Shenzhen stock exchanges from 2009 to 2022. It found that FTZs really help businesses expand internationally. The study used a method call
The latest inflation report from the US shows a confusing mix of numbers. On one hand, the cost of goods is going up. On the other hand, people are spending less on travel. This is a big deal because it shows how the trade war is affecting the economy. The report looks at how much businesses pay fo
The Port of Los Angeles experienced its busiest June ever, with 892, 000 container units processed. This is an 8% increase from the previous year. This sudden surge in shipping volume is a direct result of businesses trying to avoid upcoming tariffs. The port's executive director, Gene Seroka, belie
Prices in the US are going up. In June, the cost of living rose by 0. 3%, making the yearly increase hit 2. 7%. This is the highest it's been in four months. Experts expected this rise, especially because gas prices went up. But it's not just gas. Other goods are getting more expensive too, thanks t
The US has slapped a 17% tariff on Mexican tomatoes, a move that could make your pizza and salsa more expensive. Why? The US claims Mexican tomatoes are being sold too cheaply, hurting local farmers. But Mexico says their tomatoes are just popular because they're good. This isn't the first time the
The EU is planning to retaliate against the US with tariffs on a range of products. This includes aircraft, cars, machinery, chemicals, plastics, medical devices, electrical equipment, and industrial goods. The total value of these goods is less than previously proposed, at around €95 billion. The
Donald Trump recently made big announcements that could shake up global politics. He revealed a new deal with NATO to send Patriot missiles and other weapons to Ukraine. This move is seen as a strong response to Russia's ongoing attacks. Trump also set a deadline for Russia. He gave Vladimir Putin
The U. S. has slapped a 17% tax on fresh tomatoes from Mexico. This move is meant to protect American tomato farmers. But it might make tomatoes more expensive for everyone else. Mexico sends a lot of tomatoes to the U. S. About 70% of tomatoes in the U. S. come from Mexico. That's a big jump from
Europe is in a tough spot. The U. S. just dropped a big surprise: 30% tariffs on European goods. This isn't just about cheese or leather. It's about a lot of stuff, from electronics to medicine. And it's not just Europe. Mexico is in the same boat. European leaders are meeting to figure out what to
