AI Boom Drives Chip Imports While US Exports Rise
The US trade deficit narrowed slightly to $55.9 billion in April 2026, down 1.2% from March, as exports and imports both increased, according to...
China, Mexico, and the Rewiring of US Supply Chains
A paper by the Board of Governors of the Federal Reserve System, "Mexico in US Supply Chains: Lessons from 2018–19 Tariffs," examines how the...
Kuwait, UAE and Saudi Arabia Consider Oil Pipelines Around Hormuz
Gulf oil exporters are discussing new pipeline projects that could bypass the Strait of Hormuz, as ongoing conflict and disruptions have severely restricted shipping...
US Shifts to Low-Profile Strategy to Secure Strait of Hormuz Shipping
A Bloomberg report says the United States is quietly shifting strategy in the Strait of Hormuz to improve maritime security after abandoning a more...
Trump Eases Some Metals Tariffs to Boost US Industry
President Trump signed an order temporarily adjusting certain metals-related tariffs through December 31, 2027. The changes reduce tariffs on agricultural equipment such as combines...
DOJ Targets Four Major Container Firms in $35B Supply Chain Scheme
The Department of Justice announced an indictment against seven Chinese executives and four major shipping container manufacturers for allegedly operating a global price-fixing cartel...
Saudi Arabia Explores Regional Non-Aggression Pact With Iran
The Financial Times reports that Saudi Arabia is exploring a regional non-aggression pact with Iran, modeled partly on the Cold War-era Helsinki Accords, as...
Fuel and Semiconductor Prices Push US Trade Inflation Higher
US import prices rose 1.9% in April, driven by a sharp 16.3% jump in fuel import costs and continued increases in nonfuel goods, according...
Tankers Disable Tracking to Cross Strait of Hormuz Safely
A Qatari liquefied natural gas (LNG) tanker has exited the Strait of Hormuz after briefly going dark on tracking systems, marking a rare and...
High Stakes at Panama Canal as Bidding Process Draws Scrutiny
Panama has taken control of key container terminals from CK Hutchison after its contracts were ruled unconstitutional, and is preparing to rebid the concessions...