The EU has indicated America will face duties on $300 billion of exports due to its autos review – Europe’s share could hit pharmaceuticals and oil. Hapag-Lloyd has cut its outlook as rates fail to keep up with fuel. COSCO Shipping’s bid for Orient Overseas takes a step forward. Also: a new Mexican oil port faces political complications; business sentiment towards exports in China has turned negative; North Korean sanctions cheating may be ongoing even after its imports from China surged in May; yet another Europe-China rail link is opened, this time from Poland; President Trump wants to...
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