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The U.S. transportation industry is once again under severe test. The Seattle port on the west coast of the U.S.ly stopped port freight operations on June 10 due to labor disputes, which could have a major impact on trade between Asia and the United States.

Recently, the U.S. trade deficit in April expanded to the highest level in six months, mainly due to increased imports and decreased exports.If this trend continues, trade could have a negative impact on economic growth in the second quarter.

The Bank of Germany recently released its annual bankruptcy research report, which points out that a wave of debt defaults for U.S. and European companies is about to come due to radical interest rate hikes over the past year.

In today’s globalization, changes in the currency market have a profound impact on business operations. Recently, the performance of the dollar in the global exchange market has attracted widespread attention.

Despite the weakness of the global economy, geopolitical tensions and high inflation that have put pressure on Germany’s overseas operations, the latest figures released by the Federal Bureau of Statistics show that Germany’s exports grew unexpectedly by 1.2 percent in April 2023, especially with a significant increase in demand in the Chinese market.

Zhou Jing, director of the Department of Market System Construction of the Ministry of Commerce, said recently that China will promote high-level opening up to the outside world in accordance with the requirements of the Central Economic Work Conference of the Communist Party of China, relying on Chinas super-large-scale market advantages, attract global resource elements with domestic large cycle, both to leave high-quality foreign capital, but also to attract more high-quality foreign capital, improve the quality and level of trade and investment cooperation.