To uncouple from major trading partners such as the US is easier said than done.
Retail sales surged in July as shoppers stocked up on goods in anticipation of price hikes.
One of the proxy groups is Yemen’s Houthi rebels, responsible for destabilizing Red Sea traffic.
Both sides could waive tariffs on some products such as aircraft, spirits and medical devices.
Of interest is the fact that the US has not constructed LNG carriers since the late 1970s.
It seeks to safeguard the continuity of trade flows between the two nations without US border interference.
Global shifts, including increased United States tariffs on Chinese goods, are forcing supply chains to pivot in unpredictable ways.
Israel accused Iran of launching missiles into its airspace after the ceasefire had come into effect.
Both leaders reportedly agreed to facilitate further face-to-face meetings in the near future.
The expansion will boost the facility’s cargo-handling capacity by 50% once fully operational.
Importers face uncertainty as legal fight continues.
