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US President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019.

REUTERS/Kevin Lamarque/File Photo

China vows retaliation as US tariffs take effect

With the Trump administration’s reciprocal tariffs taking effect on Wednesday, the US’s largest trading partner, China, has signaled that it is not backing down from a trade war. Beijing has promised to “fight to the end” after Donald Trump imposed 104% levies on China. Sure enough, the Mainland Kingdom announced on Wednesday that it would impose an additional 50% tariff on US imports, matching Trump’s latest hike.

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Longshoremen carry signs and demonstrate to make their voices heard outside Red Hook Terminal in Brooklyn, New York, on Oct. 2, 2024.

Kyle Mazza/NurPhoto via Reuters

Port workers strike fear in consumers and Dems

The heavily integrated nature of the US and Canadian economies means a strike by 45,000 members of the International Longshoreman’s Association – involving workers at 36 ports along the East and Gulf coasts – is being watched closely by politicians south and north of the border.
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A commuter Seabus passes idle shipping cranes towering over stacked containers during a strike by dock workers at Canada's busiest port of Vancouver, British Columbia.

REUTERS/Chris Helgren

Canadian dock workers to go back to work, but UPS strike still on

Right on the buzzer Thursday, over 7,000 workers at some of Canada’s busiest ports — including Vancouver and Prince Rupert — accepted a settlement proposed by a federal mediator to end their strike.

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Episode 8: Global food (in)security

Listen: Following shortages that came out of the COVID pandemic as well as the war in Ukraine, the dual food problems of affordability and availability persist. While temporary impacts may be waning, the experts also discuss the longer-term impacts of the global food production system on the environment and what will - or won't - be sustainable going forward, including the food system's massive dependence on fossil fuels. In the latest episode of Living Beyond Borders, Peter Ceretti, Director of Global Macro Geo Strategy at Eurasia Group, Harlin Singh, Global Head of Sustainable Investing, and Malcolm Spittler, Global Investment Strategist, and Senior US Economist, both at Citi Global Wealth Investments, discuss the latest causes and ripple effects of food shortages around the globe.

In Planting for Tomorrow: Weaving sustainability into the path toward food security, a report from Citi Global Wealth and Eurasia Group/GZERO Media, we take a deep dive into the challenges and the innovations in sustainable agriculture. This newsletter gives you an essential look into the future of food.

Check it out here


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Episode 5: Energy transition today

Transcript

Listen: "It actually all comes down to one thing and that's money," says Raad Alkadiri, Managing Director of Energy, Climate and Resources at Eurasia Group. "Will there be the money for investment in renewables, in energy efficiency made available? And I'm not just talking about the industrialized world, I'm talking about globally."

In the latest episode of Living Beyond Borders, a podcast produced in partnership between GZERO and Citi Global Wealth Investments, Alkadiri is joined by Malcolm Spittler, Global Investment Strategist and Senior US Economist at Citi Global Wealth Investments, to look at where the energy transition to renewable fuels stands globally, after setbacks from the pandemic and geopolitical instability.

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living beyond borderseurasia groupglobal economyeconomic recoveryshari friedmansupply chainscitifossil fuelsmalcolm spittlerraad alkadirienergy securityenergy

Episode 4: Broken (supply) chains

Transcript

Listen: "Other than the impacts of the pandemic, which are easing, and from Russia/Ukraine, I'd say that the greatest risk to global supply chains today and moving forward will likely be from the US-China relationship, and the movement towards selective decoupling," says Jon Lang, Director for Trade and Supply Chains at Eurasia Group.

In the latest episode of Living Beyond Borders, a podcast produced in partnership between GZERO and Citi Global Wealth Investments, Lang is joined by Charlie Reinhard, Head of Investment Strategy for North America at Citi Global Wealth Investments, to discuss how global supply chains have largely adapted to and moved on from changes that occurred during the global pandemic.

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GZERO Media

The Graphic Truth: The great supply chain squeeze

The pandemic sent global supply chains into a tizzy. Then, just as economies were embarking on their post-COVID economic recoveries, Russia invaded Ukraine, upending the global grain trade and sending supply chains spiraling further. Supply chain frictions have a lot of unintended consequences: Brexit-related supply chain issues made it hard for some Brits to get their hands on a pint of beer, while China’s punitive zero-COVID policy drove the auto industry – among others – into a full-blown crisis. We take a look at the Global Supply Chain Index from 2000-2022 along with key global economic milestones.

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graphic truthsupply chain shortagessupply chainsglobal supply chain

Episode 7: Future-proofing: How we fix broken supply chains

Transcript

Listen: “Envision supply chains like a strand of Christmas lights. If one light goes out, then the whole strand will stop working,” said Eurasia Group’s Christina Huguet.

On the latest episode of Living Beyond Borders, we’re talking about the moment those lights went out—as the COVID-19 pandemic took hold and disrupted shipping, manufacturing, and labor all at once—and what it will take more than two years later to turn those lights back on and create more resilient global supply chains.

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