Panjiva Daily: FedEx faces trade war toll; LG, Electrolux let tariffs wash over them September 19, 2019 FedEx saw lower revenues and profitability, and cut its guidance, as a result of the impact of the U.S.-China trade war’s tariffs – it may soon face non-tariff troubles too. U.S. washing machine tariffs have cut most imports, but LG and Electrolux are unbowed. Also: Intel, ON tackle semiconduc... Read more →
LG Electronics, Electrolux Refuse To Be Washed Out By Tariffs September 18, 2019 The Trump administration’s tariff-led approach to trade policy has had varying success. Imports of solar panels have begun to increase despite tariffs, while steel and aluminum duties have been largely successful in reducing imports. The combination of tariffs and quotas in the case of washing... Read more →
Panjiva Daily: “Made in America” Isn’t Just “Made by Americans”; Maersk aims for the heartland June 28, 2019 A forthcoming review of the Trump administration’s first major tariff action will show that tariffs may lead to more “Made in America” products, but not necessarily those “Made by Americans”. Maersk looks to build up its integrated logistics offering. Also: Ocean’s blank sailings may be a temp... Read more →