Brendan Murray

London

Trade tsar, @business. StL Cards fan now in Arsenal country. RT not endorsements, opinions mine. Bloomberg's Supply Lines newsletter signup: https://t.co/DgTZqT9nVH

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Articles

Trump Widens 232s to Put Tariffs on Consumer Goods: Supply Lines

1 week ago | news.bloombergtax.com | Brendan Murray

With President Donald Trump’s universal tariffs possibly headed for a Supreme Court showdown, his administration is pressing ahead with another strategy that could hit an equally broad swath of imports. The US Commerce Department is set within weeks to announce the outcomes of its investigations into sectors deemed vital to national security, including semiconductors, pharmaceuticals and critical minerals.
Supply Chain Latest: Trump Tariffs and 232 Investigations

1 week ago | bloomberg.com | Brendan Murray

With President Donald Trump’s universal tariffs possibly headed for a Supreme Court showdown, his administration is pressing ahead with another strategy that could hit an equally broad swath of imports. The US Commerce Department is set within weeks to announce the outcomes of its investigations into sectors deemed vital to national security, including semiconductors, pharmaceuticals and critical minerals.
Framework Implementation Dulls Chaotic Trade Wars: Supply Lines

2 weeks ago | news.bloombergtax.com | Brendan Murray

President Donald Trump returned to the White House in January pledging to overhaul the US’s trade relationships using his brash style of frenzied deal-making. Yet the messaging coming from talks with both China and the European Union sounds more like the way trade negotiations typically unfold: incrementally, glacially, exhaustingly and with big contingencies. Also with frameworks — expect lots of those.
Noisy Trade Wars Shift Into Duller Framework Implementation Stage

2 weeks ago | bloomberg.com | Brendan Murray

President Donald Trump returned to the White House in January pledging to overhaul the US’s trade relationships using his brash style of frenzied deal-making. Yet the messaging coming from talks with both China and the European Union sounds more like the way trade negotiations typically unfold: incrementally, glacially, exhaustingly and with big contingencies. Also with frameworks — expect lots of those.
Transpacific Container Rate Jumps 57% in Week, Most Since 2016

3 weeks ago | news.bloombergtax.com | Brendan Murray

Spot container rates to move goods to the US West Coast from China rose by the most in more than a nine years over the past week, as a rebound in demand during a fragile tariff truce outstrips shipping capacity to move cargo between the world’s largest economies. The cost for a 40-foot container from Shanghai to Los Angeles surged 57% from the prior week to $5,876, according to the Drewry World Container Index posted Thursday. It was the sharpest spike in percentage terms since January 2016.
Transpacific Container Rate Jumps 57% in Week, Most Since 2016

3 weeks ago | news.bloomberglaw.com | Brendan Murray

Spot container rates to move goods to the US West Coast from China rose by the most in more than a nine years over the past week, as a rebound in demand during a fragile tariff truce outstrips shipping capacity to move cargo between the world’s largest economies. The cost for a 40-foot container from Shanghai to Los Angeles surged 57% from the prior week to $5,876, according to the Drewry World Container Index posted Thursday. It was the sharpest spike in percentage terms since January 2016.
Supply Chain Latest: Trump Raises Steel and Aluminum Tariffs

3 weeks ago | bloomberg.com | Brendan Murray

President Donald Trump’s doubling of US tariffs on steel and aluminum imports to 50% is fanning trade tensions at a time when Washington is negotiating with several economies that also face his so-called “reciprocal” duties set to kick in July 9. In Europe, the fallout Wednesday was quickly heard in a warning from Voestalpine, an Austrian steelmaker that missed profit expectations for the past fiscal year because of soft economic activity in Europe.
Trump ‘Liberation Day’ Tariffs Hit Litigation Wall: Supply Lines

1 month ago | news.bloombergtax.com | Brendan Murray

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Trump's ‘Liberation Day’ Tariffs Hit Legal Roadblock in US Court

1 month ago | bloomberg.com | Brendan Murray

The newest and bluntest weapon in President Donald Trump’s trade negotiator playbook is illegal, a court ruled late Wednesday. Announced on April 2, the authority Trump used to justify his so-called reciprocal tariffs — threatened on major US trading partners — didn’t withstand a challenge at the US Court of International Trade. A three-judge panel declared that the Trump administration had wrongly invoked the 1977 IEEPA law in imposing his “Liberation Day” tariffs.
European Firms Lose Confidence Operating in China: Supply Lines

1 month ago | news.bloombergtax.com | Brendan Murray

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.