Orient Overseas and ZIM Shipping are raising capital to build new boats as logistics disruptions, including staff shortages at ports, continue. Retailers are still boosting imports to meet the continued home maintenance boom during the pandemic. Also: Rare earth sourcing challenges set to become more common; South Korea smooths sailing to Indonesia with port investment; Biden’s Buy American EO mostly about tier two suppliers; Xi’s grand multilateral approach comes as policy implementation begins; medical protectionism, of a sort, returns to the EU; and global trade recovers on western de...
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