The number of ships that can travel through the vital route has fallen sharply this year because of a lack of water for the locks, raising costs and slowing deliveries.
Tag: International Trade and World Market
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U.S. Looks to Allay European Fears of a Subsidy War
Wally Adeyemo, the deputy Treasury secretary, will argue in a speech in Germany that the Biden administration’s climate law is not protectionist.
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Shipping Contributes Heavily to Climate Change. Are Green Ships the Solution?
The container shipping lines that carry the bulk of global trade are betting on greener technologies, but there are still many reasons those wagers could fail.
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State Dinner to Bring Together Biden, Australia’s Leader and the B-52s
President Biden will welcome Anthony Albanese, the prime minister of Australia, for meetings and a state dinner in Washington.
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Columbia Sportswear Is Scouting Factories in Central America
Confronted with the U.S.-China trade war and disruptions in the shipping industry, the company is shifting some production to Central America.