The BYD Shenzhen slipped its moorings from the southeastern Chinese port of Xiamen in late November to embark on a high-stakes journey across the Pacific with 1,768 new electric vehicles onboard. The mission: get to Mexico before recently announced tariffs on Chinese imports kicked in on Jan. 1.

The US Justice Department said Tuesday that it had filed criminal charges against four of the world’s largest makers of shipping containers and their top executives for allegedly colluding to raise prices during the pandemic.

A series of large sales in US Treasury futures exacerbated a selloff in the $31 trillion government debt market, as concern about resurgent inflation pushed investors to price in higher interest rates.

NATO is discussing the possibility of helping ships pass through the blocked Strait of Hormuz if the waterway isn’t reopened by early July, according to a senior official in the military alliance.

Trump administration officials are holding firm against restricting American oil and gasoline exports, even as worries grow about dwindling domestic stockpiles with the world leaning on US crude to fill a shortfall caused by the war in Iran.

President Donald Trump’s summit with China’s Xi Jinping last week was billed as the most pivotal moment of the year so far for global commerce. But there’s another major trading power soon facing its own showdowns with the world’s two largest economies.