Category: International Trade and World Market

The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can

Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise

A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
Tariffs Raised Consumers’ Prices, but the Refunds Go Only to Businesses

Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
Companies, Not Consumers, to Cash In Big From Tariff Refunds

Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline

The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
As U.S. Brands Stumble, China Wins Over Young Indonesians

A new generation of Indonesian consumers view Chinese brands as high-tech and of good quality, a departure from the days when “made in China” was associated with cheap goods.
Hoarding Is Driving Energy Prices Higher Everywhere

As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed

The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
Trump Administration Takes Steps to Refund $166 Billion in Tariffs

The government debuted a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.
Trump Administration to Begin Refunding $166 Billion in Tariffs

The government will debut a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.
Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much

Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
What the U.S. Blockade Means for Iran’s Economy

Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.