Trump Considers Warsh Hassett for Fed Chair Amid Rate Cut Push

Trump Considers Warsh Hassett for Fed Chair Amid Rate Cut Push

The Wall Street Journal reports that Trump favors nominating Warsh or Hassett as Federal Reserve Chairman and hopes the new chairman will cooperate with interest rate cuts. Trump is breaking with tradition by demanding involvement in interest rate decisions, aiming to lower rates to 1% or lower. He is dissatisfied with current Chairman Powell and is considering other potential candidates. Market reactions suggest Hassett's chances are decreasing, while Warsh's support is increasing. The choice of Federal Reserve Chairman and the direction of monetary policy will have a profound impact on the global economy.

01/28/2026 International Settlement
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Feds Goolsbee Hints at Rate Cuts Amid Improving Inflation

Feds Goolsbee Hints at Rate Cuts Amid Improving Inflation

Fed official Goolsbee called the latest inflation data "encouraging," opening the door for future rate cuts. He emphasized the need to see sustained cooling in inflation and pointed out signs of cooling in the labor market. He did not rule out a rate cut as early as January and revealed his interest rate forecast is below the Fed's "dot plot" median. Analysts believe his remarks reflect a cautiously optimistic attitude within the Fed regarding the inflation outlook. Further data will be crucial in shaping the Fed's future policy decisions.

01/28/2026 International Settlement
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Serbia Boosts Trade Efficiency with Datadriven Customs Reforms

Serbia Boosts Trade Efficiency with Datadriven Customs Reforms

Serbia has established a Customs-Business Round Table to enhance trade facilitation through data-driven collaboration. Supported by the SECO-WCO Global Trade Facilitation Programme, the initiative brings together representatives from government, chambers of commerce, and businesses to address customs operational challenges and optimize trade policies. The goal is to build a more efficient business environment. By focusing on data sharing, policy optimization, and risk prediction, Serbia aims to become a regional leader in trade facilitation. This collaborative approach is expected to streamline processes and boost economic growth.

01/26/2026 Customs Knowledge
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GAO to Review Controversial Trucking Hour Rule Changes

GAO to Review Controversial Trucking Hour Rule Changes

The House Transportation Committee has called for a GAO review of the new hours-of-service (HOS) regulations for truck drivers, questioning its data foundation and impact on the industry. The 34-hour restart provision is a key point of contention, sparking intense debate regarding safety, efficiency, and economic consequences. Concerns have been raised about the rule's potential to negatively affect driver productivity and the overall supply chain. The GAO review aims to provide an independent assessment of the rule's effectiveness and potential unintended consequences, informing future policy decisions related to truck driver HOS.

01/26/2026 Logistics
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Haimen Summit Targets Textile Ecommerce Growth

Haimen Summit Targets Textile Ecommerce Growth

The Haimen Cross-border E-commerce Industry Belt Ecological Conference Textile Special Session aims to assist textile enterprises in transforming to cross-border e-commerce. The conference focuses on platform connection, policy interpretation, and resource integration, helping companies understand platform policies of Amazon, TikTok, and Temu. It connects them with high-quality service providers, enhances the brand value and international market competitiveness of textile products, and achieves business growth. The event provides insights and connections to facilitate the successful transition of textile businesses into the global e-commerce landscape.

01/26/2026 Logistics Industry Insights
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Blackberry Moves Manufacturing to Indonesia Amid Regulatory Changes

Blackberry Moves Manufacturing to Indonesia Amid Regulatory Changes

BlackBerry's outsourcing of hardware production to Indonesia's PT TSM marks a strategic shift towards software and IoT. This aligns with the Indonesian government's localization production policy, highlighting the impact of regulatory policies on supply chain decisions. BlackBerry's move aims to reduce costs, expand its presence in the Indonesian market, and focus on higher-margin businesses. This reflects a broader trend of global supply chain restructuring, driven by factors like cost optimization and regulatory compliance. The transformation signals a new chapter for BlackBerry, prioritizing software development and IoT solutions over hardware manufacturing.

01/28/2026 Logistics Industry Insights
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Tiktok Marketing Guide Boosts Crossborder Sales

Tiktok Marketing Guide Boosts Crossborder Sales

This article delves into the current state and development trends of TikTok in overseas markets, revealing its user base, competitive landscape, and growth potential in e-commerce and advertising in regions like Indonesia, the US, and Europe. It highlights the impact of policy regulations and technological innovation on cross-border operations. The article also forecasts TikTok's future diversified development directions and provides practical strategies for cross-border sellers, aiming to help them achieve business growth on the TikTok platform. This includes insights on navigating market-specific challenges and leveraging emerging features.

01/27/2026 Logistics Industry Insights
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China Prioritizes Employment to Stabilize Economy Amid Pressures

China Prioritizes Employment to Stabilize Economy Amid Pressures

The central government issued the "Opinions on Implementing the Employment-First Strategy and Promoting High-Quality and Full Employment," aiming to improve labor remuneration, enhance rights protection, and improve the situation of workers. The document analyzes issues such as excessive overtime, insufficient layoff compensation, and wage stagnation. It calls for multi-party collaboration to establish a fair, just, healthy, and safe employment environment, ensuring policy implementation and enhancing the well-being of workers. This initiative seeks to address key challenges and promote a more equitable and fulfilling work experience for all.

01/27/2026 Logistics Industry Insights
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Gold Gains As Global Dedollarization Trend Grows

Gold Gains As Global Dedollarization Trend Grows

The dominance of the US dollar in global reserve assets is being challenged, with its share steadily declining. Emerging market currencies like the RMB and gold reserves are gaining traction as many countries accelerate the reduction of their dollar holdings. The trend of "de-dollarization" is accelerating, raising concerns about the fiscal sustainability and creditworthiness of the United States. The Federal Reserve's independence is being questioned, and its policy choices face dilemmas. Gold has emerged as a powerful challenger to the dollar. A more diversified monetary world is on the horizon.

01/28/2026 Exchange Rate Query
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US Truck Tonnage Declines in May Signaling Freight Slowdown

US Truck Tonnage Declines in May Signaling Freight Slowdown

The American Trucking Associations reported a slight decrease of 0.7% in the For-Hire Truck Tonnage Index for May, but an increase of 3.7% year-over-year. Despite short-term fluctuations, the overall tonnage remains higher than the same period last year. Gasoline demand and retail inventory rebuilding are supporting factors, but driver shortages remain a challenge. Close attention should be paid to macroeconomic conditions, industry data, and policy changes to strengthen risk management and explore new business models. This highlights the ongoing complexities and potential opportunities within the trucking sector.

01/28/2026 Logistics
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