The President-Elect is filling out his Cabinet positions and as of this writing, we have one key element of his global trade team in place – USTR nominee Katherine Tai. She is former chief counsel to the House Ways & Means Committee and would be tasked with continuing the current administration’s push to reach a multifaceted agreement with China covering a multitude of issues. Key to her efforts would be other as-yet-named nominees including Commerce Secretary and Ambassador to China, both of whom would play key roles in the negotiations. One thing the trade does know – the President-Elect has said that the Section 301 duties will continue for now and will serve as tool in the negotiations.
Navigating Perilous Waters: Cargo Vessels Diverted from Red Sea Pose Global Trade Challenges
Hapag Lloyd, the worlds fifth largest shipping firm by capacity, has announced that they will continue their pause of transit via the Suez Canal In
