Tag Archives: global trade

Chinese April Sales Soft – EV Exports Threaten Global Trade

AutoInformed notes here that the Biden Administration’s Inflation Reduction Act is actual a climate change and industrial policy bill that has global trade implications among US allies, trading partners and hostile states – say Russia and China. This is leading to the creation of a new term that will replace “offshoring” in trading and policy jargon.  How about “friend shoring,” which is starting to emerge in automotive circles. Continue reading

Posted in economy, environment, global warming, manufacturing, news analysis | Tagged , , , , , , , | Leave a comment

World Trade to Remain Weak in 2013 as Eurozone Drags on Economy

Projected trade growth of 3.3% in 2013 is well below the 20-year average of 5.3% and even further below the pre crisis trend of 6% during the 1990-2008 period. Continue reading

Posted in economy, news | Tagged , , , , , , | Leave a comment