SS26 look from L-R: Anna Sui, Diotima, Khaite, Campillo and Eckhaus Latta. You don’t truly know panic until you’re desperately fumbling for your phone, sloppily thumbing your passcode to open Shazam in time before a song you don’t know but want to know ends. We Shazam because it lets us in on a secret, makes…
By David Shepardson WASHINGTON (Reuters) – The Trump administration said late on Monday it was ordering Delta Air Lines and Aeromexico to unwind a joint venture by January 1 that let the carriers coordinate scheduling, pricing and capacity decisions for U.S.–Mexico flights. The U.S. Transportation Department in July had proposed ending the nearly nine-year-old joint…
Mexican President Claudia Sheinbaum says her government is in contact with the embassies of China and South Korea to explain Mexico’s plans, which she argued seek to strengthen the Mexican economy. (Stephania Corpi/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] Mexican President Claudia Sheinbaum defended her push to slap new tariffs…
The Mexican government is planning a major increase in import tariffs on Chinese cars, steel, and textiles. The jump could rise to 50% among 1,371 categories. Tariffs will increase from the current 15-20% to 50% for Chinese cars and autoparts. While steel, textiles, footwear and more will see new or increased tariffs ranging from 10%…
The trip could take place either before or after the Asia-Pacific Economic Cooperation summit in South Korea, which gets under way late next month. The White House already imposed 30 per cent tariffs on imports of Chinese goods this year and is pressing its European allies to impose 100 per cent tariffs of their own…
Several auto giants, including Japan’s Toyota, have factories in Mexico (Guillermo Arias) Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a 50 percent duty on car imports from the Asian giant — up from 15-20 percent. The initiative, contained in a bill submitted by…
By Ana Isabel Martinez and Adriana Barrera MEXICO CITY (Reuters) – Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%, in a broad overhaul of import levies the government said would protect jobs and analysts said was aimed at placating the United States. The Economy Ministry…
More than 600 people were arrested in a weeklong series of operations targeting the Sinaloa drug cartel, the U.S. Drug Enforcement Administration announced on Monday. The operations took place between Aug. 25 and Aug. 29, according to the DEA. During that timespan, DEA agents in 23 field divisions in the U.S., and seven “foreign regions,” carried…
We have selected seven of the most interesting and important news stories covering US-China relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. Trump’s overhaul of State Department may play into Beijing’s hands for decades Illustration: Brian Wang The US effort to counter China’s…
The latest round of “reciprocal” tariffs imposed by the United States has taken a toll on American importer confidence, prompting Hong Kong exporters to warn of weak sales and price inflation in two of the country’s most important spending seasons, Thanksgiving and Christmas. Tariffs ranging from 10 to 41 per cent took effect on August…