supply chains

APEC nations signed a non-binding trade network that lacks important provisions for fair trade and market access.

The Australian government said it was responding to a “significant cyber security incident” affecting several ports that could last a multiple days.

The Congressional-Executive Commission on China heard testimony that Chinese seafood exports to the U.S. are tainted by forced labor.

The Australian Strategic Policy Institute (ASPI) reported Friday that China is now the research leader in 19 critical high-tech fields, compared to only four for the United States.

Former Vice President and Republican presidential candidate Mike Pence unveiled a four-point policy plan on Wednesday to combat President Joe Biden’s “inflation nightmare.”

Senior economist Luis Torres of the Federal Reserve Bank of Dallas noted on Tuesday that Mexico has replaced China as the top U.S. trading partner, racking up $263 billion in trade during the first four months of 2023. China had been the top American trading partner since 2014, when it displaced Canada.

The G7’s top financial leaders united Saturday to diversify supply chains and to support Ukraine but did not make any mention of China.

Secretary of Transportation Pete Buttigieg has drawn intense criticism for his delayed response to the catastrophic train derailment and subsequent controlled burn of chemicals in East Palestine, Ohio, last month, marking the latest in a number of lowlights during his time in the Biden administration.

The beef cattle inventory in the United States is at its lowest point since 1962, according to data from the U.S. Department of Agriculture (USDA).

The Biden administration on Tuesday rolled out a plan called the U.S.-India Initiative on Critical and Emerging Technologies (iCET), which includes a proposal for India to begin producing military jet engines designed by General Electric.

The U.S. is already facing a shortage of prescription drugs, and industry analysts said this week it could become much worse due to China’s massive coronavirus outbreak, which is both increasing Chinese drug consumption and reducing output from manufacturers.

President Joe Biden’s public approval rating is at 40 percent, which is nearing the lowest level of his presidency, according to a Reuters/Ipsos poll.

Nikkei Asia on Tuesday reported that Apple will begin producing its MacBook line of laptop computers in Vietnam by mid-2023, a major step toward diversifying the company’s supply chain away from China. 

Taiwan’s Foxconn Technology Group pumped some $500 million into its Indian subsidiary on Thursday, evidently seeking to diversify its supply chain after coronavirus lockdowns and anti-lockdown riots crippled its massive iPhone assembly plant in Zhengzhou, China, last month.

China’s state-run Global Times on Sunday gloated that a waiver from the U.S. government to take delivery on F-35 fighter jets exposed America’s “dependence on Chinese rare-earth products” and demonstrated that China can bring the U.S. military to heel whenever it wishes by choosing to “limit the export of such strategic resources to safeguard its national security.”

House Speaker Nancy Pelosi’s (D-CA) visit to Taiwan, completed in defiance of belligerent threats from the hideous regime in Beijing, drew genuine bipartisan support from U.S. lawmakers and voters alike.

The Biden administration has claimed credit for easing the backlog of cargo ships at Los Angeles and Long Beach, but the problem merely shifted east, and the cargo jam is now at record levels if East Coast ports are included.

The Chinese technology company Xiaomi announced the delivery of its first made-in-Vietnam phone handsets this week, the South China Morning Post revealed on Thursday, the latest Chinese company to move manufacturing power out of its home country in light of the Communist Party’s seemingly endless Chinese coronavirus lockdowns.

China’s state-run Global Times on Monday reversed a good deal of spin from Beijing by admitting that U.S. demand for Chinese goods is falling sharply enough to damage the Chinese economy. 

Empty shelves spotted in the female hygiene sections in stores across the country are serving as the latest sign of a worsening supply chain crisis, as the country still reels from a baby formula shortage.

During an interview aired on Tuesday’s broadcast of CNN’s “Situation Room,” Treasury Secretary Janet Yellen admitted that she “was wrong” about inflation and that while “unanticipated and large shocks to the economy” are a part of the reason, she also “didn’t

On Tuesday’s broadcast of the Fox News Channel’s “Fox & Friends,” Arkansas Gov. Asa Hutchinson (R) stated that President Joe Biden is correct that supply chain problems have to be addressed, but Biden messed up the supply chain for energy,

Republican governors presented President Joe Biden with a list of demands on Thursday aimed at easing the nationwide baby formula shortage.

China’s state-run Global Times on Thursday claimed outsiders misunderstand Beijing’s increasingly bizarre “dynamic zero-Covid” strategy, and fail to appreciate how China is somehow saving the global economy tomorrow by brutally locking down cities, shuttering factories, and snarling supply chains today.

A Tennessee man has begun farming his own fish as inflation has sent grocery store costs through the roof, according to a report. 

Wynter Balthrop needs a specific hypoallergenic baby formula for her eight-month-old and can’t find it. Now she has no choice but to feed her daughter a formula that upsets her little stomach.

Secretary Pete Buttigieg on Tuesday was slammed for filming an advertisement to further expand the Department of Transportation (DOT) while the supply chain crisis persists.

In short order we will start to see the effects of China’s COVID “static management” lockdown in global supply chains and the supply of goods in the United States.

As the global food crisis worsens thanks to the ongoing war in Ukraine, wholesale prices in Germany have spiked, seeing their greatest yearly rise in 60 years.

Supplies of potato chips and various types of confectionery are now under threat as a result of disrupted export caused by sanctions and the Ukraine War.

A prolonged shutdown in China could mean higher inflation in the U.S., and that’s likely to weigh on the minds of Fed officials as they meet this week to discuss their interest rate target.

Florida Gov. Ron DeSantis (R) announced Friday that the global shipping company Sea-Lead Shipping is moving part of its operations from California to Jacksonville, Florida — another victory for the governor, whose state’s ports have increased capacity to help alleviate the nationwide supply chain crisis.

A senior EU official has warned that the European agri-food sector is going to face serious ‘pain’ as a result of the Russian invasion of Ukraine

The Port of Long Beach is not yet at 24/7 operations, despite President Joe Biden’s promise in October that the crucial cargo facility would be shifting to a round-the-clock schedule to alleviate a backlog of cargo ships that is hurting supply chains.

Containers have been removed from docks — but have been replaced with outbound containers, and the backlog of ships has spread beyond L.A. and Long Beach.

Truckers protesting the Canadian government’s vaccine mandate are converging on Ottawa, a fundraiser for the convoy raising over $4m.