American Dollar to Canadian Dollar = 0.745133; American Dollar to Chinese Yuan = 0.141033; American Dollar to Euro = 1.130249; American Dollar to Japanese Yen = 0.009131; American Dollar to Mexican Peso = 0.046044.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Import cargo at the nation’s major container ports is expected to drop dramatically beginning next month. That’s according to the latest Global Port Tracker report by the National Retail Federation and Hackett Associates. (The report was released the day before President Trump gave a 90-day break on most of the new reciprocal tariffs that were set to go into effect while, at the same time, raising duties on China to 125%, effective immediately.) Imports during the second half of 2025 are expected to be down at least 20% year-over-year, said Hackett Associates founder Ben Hackett. Even balanced against elevated levels earlier this year, that could bring total 2025 cargo volume to a net decline of 15% or more unless the situation changes.
National Average Price for Regular – Current: $2.853; Month Ago: $2.968; Year Ago: $2.242. National Average Price for Diesel – Current: $3.162; Month Ago: $3.212; Year Ago: $2.443.
Last week, the International Longshoremen’s Association provided a legally-required 60-day strike notice ahead of the expiration of the East Coast dockworkers’ contract at the end of September. More than 40,000 port workers are pressing for strike action against the United States Maritime Alliance (USMX) on October 1 if their demands are not met. A strike by East Coast dockworkers would have a colossal impact not only on the profits of the major maritime shipping companies, but, most significantly, on the entire global capitalist economy. The contract covers 36 ports on the Atlantic and Gulf Coasts of the United States, including the port of New York and New Jersey, the second biggest in the country. The Atlantic and Gulf ports handle over 100 million tons of cargo every year from Europe, South America and Asia.