Last year closed with a Phase One agreement to “reset the relationship” between the U.S. and China. Roughly the same time, the first cases of the novel coronavirus were presenting themselves in Wuhan. The COVID-19 pandemic’s impact on global markets will dwarf the...
Automotive Sector Bracing for Long-Term Impact of COVID-19
Sophisticated and globally connected supply chains have made the movement of goods more efficient and accessible but, at the same time, susceptible to economic crisis and natural disasters such as the financial crisis in 2008 and the Asian Tsunami in 2011. While many...
The Top U.S. Trade Partner is Now Mexico
Mexico, steadily rising in rank to No. 12 among exporting nations, has eclipsed China and Canada to become the U.S.’s leading trade partner. Mexico is now the top U.S. trade partner, ranked by total value of import and export trade, according to Descartes...