U.S. seaborne trade activity remained elevated in May, generating a source of significant revenue growth for the freight forwarding sector but also leading Home Depot down an unusual route to secure its supplies. Also: Remdesivir released, vaccines reserved under Indian export update; Biden’s materials security aims depend on allies, emerging market spending; removing $3.9B China tariff haul could ease U.S. supply chain inflation; jet deal allows U.S., EU to join hands and tackle China as steel deal remains elusive; stampede deferred in bid to secure Australia-U.K. trade deal; HMM may ha...
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