Entries by michelle

EU proposes tariffs on $20B of US imports

Dive Brief: The European Union on Wednesday released a preliminary list of U.S. imports to be considered for tariffs, in response to a World Trade Organization (WTO) ruling that found the U.S. illegally subsidized Boeing. The list includes products such as seafood, fresh and dried produce, nuts, alcohol, chemicals, adhesives, suitcases, handbags and tractors, representing a total of […]

EU green lights US trade talks amid tariff threats

Dive Brief: The Council of the European Union on Monday authorized trade talks with the U.S. to seek the elimination of tariffs on industrial products. The negotiations follow through on a joint statement made last July by EU Commission President Jean-Claude Juncker and Donald Trump to work toward zero tariffs. The EU’s opening of negotiations follows a U.S. proposal […]

Agreement on ‘enforcement offices’ could signal US-China trade war winding down

Dive Brief: The U.S. and China will set up “enforcement offices” to ensure the stipulations in a trade deal are carried out, said U.S. Treasury Secretary Steven Mnuchin on CNBC Wednesday. “Both sides are taking this very seriously,” Mnuchin said regarding the enforcement mechanism. Such a deal could end the ongoing trade war between the two countries. The […]

Channelling big data into connected services at Toyota

Toyota is garnering telematics data every ten seconds from the 9m vehicles it produces annually to transform itself into a future mobility services provider still relevant to a vehicle market undergoing some seismic changes. Developments in connected and autonomous technology have made the term ‘carmaker’ too narrow. Companies are now positioning themselves to provide a […]

USMCA no closer to ratification as opposition digs in

How a trade deal that should not have ruffled many feathers, by virtue of being quite similar to the deal it is replacing, has ended up ruffling plenty. The United States, Mexico and Canada Agreement’s (USMCA) biggest draw for proponents of its predecessor NAFTA — and the biggest disappointment for those opposed — is the […]

US proposes tariffs on $11B of EU imports

Dive Brief: The Office of the United States Trade Representative (USTR) released a 14-page preliminary list of European Union goods “to be covered by additional duties,” USTR said in a statement. The products total about $11 billion. USTR’s tariff proposal comes in response to a World Trade Organization (WTO) ruling, which found EU subsidies benefited Airbus and caused Boeing […]

Track-and-trace, supply chain expected to lead IoT spending growth

Dive Brief: Among industries spending on Internet of Things (IoT) technology, the track-and-trace sector is expected to have the largest spending growth — a 24.2% increase — on IoT devices between 2017 and 2023. Inventory and supply chain management is expected to see a 20.2% increase in spending during the same time period, according to […]

Businesses on US-Mexico border suffer as wait times jump 500%

EL PASO, Texas — Local businesses in El Paso, Texas, are already seeing the effects of truck congestion and border delays, despite Donald Trump walking back his threats to close the U.S.-Mexican border. Trump instead, gave Mexico a “one-year warning” to deal with what he has described as a “crisis” of illegal immigration and drugs. Jaime […]