The president is targeting shipping companies that have jacked up prices during the pandemic, but critics say bigger economic forces are at work.
Tag: Ports
Supply Chain Woes Could Worsen as China Imposes Covid Lockdowns
American manufacturers are worried that China’s zero-tolerance coronavirus policy could throw a wrench in the global conveyor belt for goods this year.
On Syria’s Ruins, a Drug Empire Flourishes
Powerful associates of Syria’s president, Bashar al-Assad, are making and selling captagon, an illegal amphetamine, creating a new narcostate on the Mediterranean.
Port Delays in Shenzhen, China, Snarl Global Trade
The Shenzhen port’s capacity to handle containers plummeted early this month, and state-controlled media said on Monday that full recovery might require the rest of June.
Suez Canal Is Open, but the World is Still Full of Giant Container Ships
As global trade has grown, shipping companies have steadily increased ship sizes — but the Suez Canal blockage showed that bigger is not always better.
U.K. Tightens Restrictions as Alarm About Coronavirus Variant Grows
British officials said severely curtailing human contact was the only way to protect people. Efforts to restart trade stalled, with more than 5,000 trucks stuck at English ports.
Canadian Police Move Against Pipeline Blockades, Arresting Dozens
The protesters, lending support to an Indigenous campaign against a natural gas pipeline, brought rail service and ports to a halt.
No-Deal Brexit Risks Food, Fuel and Drugs Shortages, Leaked U.K. Files Say
Britain would be likely to face jammed ports and a hard border in Ireland if it left the European Union without a transition deal, according to government documents leaked to The Sunday Times of London.
With Guns, Cash and Terrorism, Gulf States Vie for Power in Somalia
In a battle for influence, Qatar and the United Arab Emirates have both sent money and weapons to Somalia. A secret recording suggests that militants may be working with the Qataris.
A Forgotten Italian Port Could Become a Chinese Gateway to Europe
Despite American objections, Italy is set to become the first Group of 7 nation to participate in Beijing’s vast One Belt, One Road infrastructure project.