Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to up-end global supply chains.

President Donald Trump is casting his latest tariff plan as a strategic win. Markets and business leaders only see more chaos ahead. Stock plunged on Thursday, as anxiety spiked among investors again worried an extended period of trade hostility could devastate the global economy. That washed away a half-day of euphoria on Wall Street on Wednesday after Trump paused higher tariffs on dozens of nations.

The U.S. Department of the Treasury has unveiled sanctions against a sophisticated maritime network responsible for smuggling hundreds of millions of dollars worth of Iranian petroleum, targeting UAE-based shipping magnate...

President Donald Trump’s tariffs on Chinese imports are now at least 145%, far above the level many economists said could decimate US-China trade.

The cargo transfer from the damaged tanker Stena Immaculate to the oil products tanker Fure Vyl has been successfully completed, with preparations underway for the vessel to be towed into...

After more than nine months at sea sanctioned LNG carrier East Energy (formerly Asya Energy) has pulled into a Zhoushan-based shipyard, likely to undergo maintenance or repairs. It is the first ‘shadow fleet’ LNG carrier of Arctic LNG 2 project visiting a Chinese yard.

US President Donald Trump may have announced a delay in some of his tariff plans, but the first signs of an economically-damaging slowdown in global trade are already emerging as companies around the world hit their own pause button on orders and he continues to escalate his trade war with China.

Panama said on Wednesday the United States recognized its sovereignty over the Panama Canal, despite tough rhetoric from Washington, as the two nations announced agreements to deepen U.S. military training in the Central American nation.

May 2025 is projected to mark the end of 19 consecutive months of year-over-year growth amid Trump’s escalating Trade War, new forecasts warn. Major U.S. container ports are bracing for...

Panama’s top auditor accused port operator CK Hutchison Holdings Ltd. of wrongdoing, providing a potential pathway for the Central American country to wrest control of canal facilities caught up in a diplomatic tug-of-war between the US and China.

President Donald Trump's administration is considering softening its proposed fee on China-linked ships visiting U.S. ports after a flood of negative feedback from industries that said the idea could be economically devastating, according to six sources.

The Port of Savannah achieved unprecedented growth in March 2025, handling 534,000 TEUs and marking its second consecutive monthly record, the Georgia Ports Authority (GPA) announced Tuesday. The surge represents...