Global Trade 2
Historic Shipping Slowdown from China to California
In an unprecedented shift not seen since the height of the pandemic, not a single cargo ship departed China for California’s primary ports—Los Angeles and Long Beach—for a full 12-hour period. This rare event underscores a growing disruption in global trade dynamics, largely driven by rising geopolitical tensions and new trade tariffs. Earlier this week, […]
Japan Slashes Growth Forecast Amid Global Trade Tensions
Japan’s central bank has issued a sobering economic forecast, reflecting growing concern over the impact of rising global trade tensions. On Thursday, the Bank of Japan (BOJ) halved its projected economic growth for 2025 to just 0.5%, a steep decline from the earlier estimate of 1.1% made in January. The central bank also downgraded its […]
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