Brexit preparations have been thrown into even greater turmoil as conservative members of parliament have triggered a vote of no confidence in the Prime Minister.
Preparations by the freight industry to cope with the UK’s exit from the European Union (EU) were thrown into more turmoil by Prime Minister Theresa May’s decision to delay the Brexit debate indefinitely.
The North Carolina Department of Transportation says not to travel in or to the state; Walmart grabs a 200K square foot foothold in NYC; the IMF says British economy will contract if no deal on Brexit; Freightos raises $45M; global seaborne coal trade grows 4%; Tesla’s having a hard time delivering cars.
Utility solar projects see growth as prices of imported Chinese solar panels fall despite Trump tariffs; no-deal Brexit could see higher mortgage rates even if housing prices tumble; Chinese car market is weakening and it is troubling major-OEMs.
Europe is witnessing a searing heatwave which has destroyed a chunk of its grain production, providing leeway for U.S. farmers to improve their export percentages this year.
The U.K. has the second largest dairy trade deficit in the world, with 98% of all its dairy products being sourced from the EU. Once Brexit hits, the country might have a problem doing business like before.
Wales First Minister Carwyn Jones was in Dublin, Ireland, last week due to “serious concerns” brought about by the possibility of a hard Brexit exit and its impact on trade.
Brexit has brought up various challenges that are set to impact the country, both economically and politically. In that regard, the scenes that unfold in the supply chain scenario is worrying and needs contemplation.
Ever since the United Kingdom pressed for divorce with the European Union, the far-reaching implications have been studied with great interest. Trade is just one of those.
A group of more than 250 House lawmakers are pushing for any tax reform package to include a permanent fix to the Highway Trust Fund. Also, Trump pushes apprenticeships, Britain’s Brexit problem and manufacturing hitting record levels.
