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U.S.-Europe Trade Booms as Old Allies Draw Closer
The U.S. has imported more goods from Europe than from China in 2022. The shift is helping Europe’s embattled manufacturers and pushing East Coast ports ahead of their West Coast counterparts in import volumes.Container imports into major East coast ports were up 3.4% year-over-year in September while the inbound volume dropped 17.8% at West Coast ports.See the Story
100% Center coverage: 1 sources
Protestors · Seattle
Amazon Labor Union faces next showdown in upstate New York
The Amazon Labor Union has built momentum leading up to an election starting Oct. 12 at an 800-person warehouse near Albany, N.Y. The New York Times reports that a federal labor official recently endorsed the union’s election victory at a Staten Island warehouse in April, which Amazon has challenged, while workers’ frustrations over pay and safety have created an opportunity to add supporters and to pressure the company to bargain.See the Story
50% Left coverage: 8 sources
Biden Administration Clamps Down on China’s Access to Chip Technology
The Biden administration on Oct. 7 announced sweeping new limits on the sale of semiconductor technology to China. The moves are the clearest sign yet that a dangerous standoff between the world’s two major superpowers is increasingly playing out in the technological sphere. The restrictions are designed in large part to slow the progress of Chinese military programs, which use supercomputing to model nuclear blasts.See the Story
34% Center coverage: 3 sources