US customs duties exceeded $100 billion for the first time in a fiscal year, Reuters reports. This milestone reflects increased import activity and shifting trade dynamics amid global economic recovery.
Browsing: Trade
The Dallas Mavericks have acquired LeBron James from the Los Angeles Lakers in a blockbuster 13-player trade. The historic deal reshapes both franchises as James joins Dallas for a fresh championship pursuit.
Dallas Mavericks CEO expressed no regrets over trading Luka Doncic to the Lakers, emphasizing the team’s strategic direction. The move continues to spark debate among NBA fans and analysts.
U.S. representatives have raised concerns over a significant slowdown in port activity, warning it could disrupt supply chains and impact the economy. The issue highlights ongoing challenges in logistics and trade infrastructure.
Traffic at the Port of Los Angeles is projected to plunge as new tariffs disrupt trade flows, prompting reduced shipments and delays. The shift signals potential challenges for the nation’s busiest port and global supply chains.