supply chain disruption
Mexico Imposes 50% Tariffs on Indian Imports: Automotive Sector Faces $1 Billion Export Challenge
Dec 12, 2025 10:41 am CST
Mexico has imposed tariffs up to 50% on imports from India and other Asian nations without trade agreements, significantly impacting India's $8.4 billion trade relationship. The automotive sector faces the severest consequences, with car import duties rising from 20% to 50%, potentially affecting $1 billion in exports from companies like Volkswagen, Hyundai, and Nissan. This move comes amid pressure from the US on Mexico to reduce dependence on Asian imports, despite warnings of supply chain disruptions and domestic price increases.
Jaguar Land Rover Cyberattack Costs British Economy $2.5 Billion: Widespread Impact Across 5,000 Organizations
Oct 22, 2025 10:25 pm CST
A devastating cyberattack on Jaguar Land Rover in August 2023 caused an estimated $2.55 billion in damage to the British economy, affecting over 5,000 organizations and forcing a six-week manufacturing shutdown. The Cyber Monitoring Centre has classified it as the most economically damaging cyber event in UK history, primarily impacting JLR's production capabilities and its extensive supply chain network.
Bangladesh Airport Cargo Fire Threatens $1 Billion Loss to Garment Industry During Peak Export Season
Oct 20, 2025 03:46 pm CST
A devastating fire at Dhaka's Hazrat Shahjalal International Airport cargo complex has put Bangladesh's garment export industry at risk of $1 billion in losses. Coming during peak shipping season, the fire destroyed critical raw materials, finished products, and essential samples needed for securing new business. This is the third major fire affecting the country's crucial garment sector in one week, threatening Bangladesh's position as the world's second-largest apparel exporter.
Trump Announces 100% Tariffs on Chinese Goods Following Rare-Earth Export Controls
Oct 11, 2025 01:07 pm CST
US President Donald Trump has announced a 100% tariff on all Chinese goods starting November 1, following Beijing's export controls on rare-earth minerals. This major trade war escalation has already impacted global markets, with the Dow falling nearly 900 points as Washington and Beijing head toward another high-stakes confrontation that could reshape global trade patterns.
Trump's 100% Pharmaceutical Tariffs Face EU Resistance Citing Trade Deal Immunity
Sep 26, 2025 08:44 pm CST
President Trump has announced steep new tariffs on pharmaceuticals and other imported goods, with the EU claiming immunity under a previous trade agreement. The measures include a 100% tariff on pharmaceutical products, 25% on heavy trucks, and significant tariffs on furniture and kitchen products. These protectionist policies aim to rebuild US manufacturing but have sparked concerns about inflation and supply chain disruptions among international allies and trading partners.