The development of environmental regulations needs to be balanced with accommodating trade and jobs, the president of Pacific Merchant Shipping Association has said.In an editorial published on JOC.com, John McLaurin said that marine terminal operators and ocean carriers have recognised a conflict between state regulations to achieve zero emissions in California and business which could result in a damaging situation where ports become hostile to international trade. Read more...
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The International Monetary Fund (IMF) has joined criticism of Donald Trump's plan to impose a 25% tariff on steel imports and 10% on aluminium.The body warned that such a move would hurt the US as well as other countries. It said others could follow the US president's precedent by claiming tough trade restrictions were needed to defend national security. Canada, the largest supplier of steel to the US, said tariffs would cause disruption on both sides of the border. It is one of several countries that have...
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