Latest news with #GlobalEdge
Yahoo
05-02-2025
- Business
- Yahoo
WA imports $1.3 billion of goods from Mexico. Tariffs would impact these items the most
Since Donald Trump's inauguration as the 47th president of the United States on Jan. 20, his administration has been busy addressing a number of campaign promises. Trump has signed 45 executive orders thus far, including a recent series of orders imposing tariffs on Canada, Mexico and China. The orders were followed with counter tariffs from Mexico and Canada, and China. On Monday, Feb. 3, leaders from North American countries discussed and agreed to hold off on tariffs for at least 30 days. While the tariffs and their potential impacts are still under discussion, they threaten to drive up the prices of most goods for consumers in America. Which Washington industries and products would be most affected by these tariffs? As part of a series, we found the top imports and exports between Canada and Mexico with Washington state. These are the state's top imports from Mexico. Trump's proposed tariffs would hurt numerous industries in Washington. According to Washington state's Department of Commerce, Mexico is ranked Washington's fifth-best overall trade partner. Mexico is considered to be Washington state's eighth-top import country, according to 2021 data from Global Edge. In 2023, Washington state's import value with Mexico was more than $1.7 billion, according to data from the Washington State Department of Commerce. The total import value through November 2024 was more than $1.3 billion, according to statistics from the U.S. Import and Export Merchandise. Trade was referred to as the 'lifeblood of Washington state's economy' in a recent fact sheet from Senator Maria Cantwell's office, and Canada and Mexico were called top trading partners for the state and entire country. Trade accounted for over $127 billion worth of imports and exports in 2023. Washington's top imports from Mexico through Nov. 2024 were non-railway vehicles and vehicle parts and accessories. The state imported over $457 million worth of vehicles and vehicle parts and accessories from Mexico, according to U.S. Import and Export Merchandise trade statistics. The second-most imported products from Mexico were electrical machinery and equipment and their parts. This includes sound and television equipment. Washington imported over $310 million worth of this equipment in 2024. The Evergreen State spent over $193 million on importing nuclear reactors, boilers, machinery and parts, which are the third-most imported products from Mexico. Over $73 million was spent on importing edible fruits and nuts such as pineapples, dates, Brazilian nuts and strawberries. The fifth-most imported goods were optic, photo, medical or surgical instruments, with over $48 million spent on instruments such as optical telescopes, photographic still cameras and cinematographic cameras and projectors. Washington state also spent $39 million on special classification products that are not elsewhere specified or included (NESOI). The state imported $36 million worth of articles of steel and iron, making it the seventh-most imported product from Mexico. Beverages, spirits and vinegar also made the top 10 list of imports, which cost the state over $33 million. The state imported $17.2 million worth of furniture, bedding and light fixtures. Plastic materials were the tenth top imported product from Mexico. The state imported $17 million worth of plastics and articles of plastics.
Zawya
30-01-2025
- Health
- Zawya
Global Edge launches three healthcare brands in Middle East and showcases their product lines at Arab Health 2025
Reports show consumer interest on health, fitness, nutrition, appearance, sleep, and mindfulness is growing in the Middle East. The three new brands will empower individuals to make informed decisions and choices for a healthier future. UAE: GE Services & Trading (Global Edge) a leading company serving as a gateway for businesses to expand to the GCC and MENA region, unveiled three innovative international healthcare brands – SRW®, eimele™ and Theronomic™ – at the Arab Health 2025 to cater to the growing demands for natural and effective healthcare solutions in the UAE and the Middle East region. This move is in line with the UAE's vision to advance healthcare under the 'Forward Society' pillar of 'We the UAE 2031 Vision,' which seeks to establish an integrated and accessible healthcare system, enhance quality of life, and promote future-ready healthcare solutions. Through SRW®, anti-aging products, eimele™ plant-based products, and Theronomic™ tribiotic supplements, Global Edge seeks to empower customers and enhance access to world-class products that support healthy lifestyles. SRW® ' Science Research Wellness ' offers a range of anti-aging products backed by scientific research. These products harness the power of natural ingredients to protect, repair, and rejuvenate cells, promoting longevity and vitality. With over 3.1 billion people worldwide struggling to maintain a balanced diet and up to 87 per cent failing to consume enough fruits and vegetables, eimele™ offers a range of plant-based solutions to address these nutritional gaps. The products are packed with phytonutrients, providing customers with essential nutrients, supporting optimal health, and ensuring healthier lifestyles. Theronomic™ TRIBIOTIC ® Gut Shield provides a comprehensive solution to gut health. By combining prebiotic, probiotic, and postbiotic ingredients, this innovative formula supports a balanced microbiome, ensuring targeted health benefits. Each capsule of this product contains 30 billion CFU from multiple strains to promote better digestive health and enhanced immune system function. Karim Hwalla, Director at Global Edge, stated: 'We are delighted to bring these innovative healthcare brands to the Middle East market. At Global Edge, we have emerged as a driving force and trusted leader in distribution and market entry. We believe that navigating successful market entry hinges on thorough research, a solid strategy, and dependable partnerships - principles that are deeply ingrained in everything we do. By aligning these elements with a practical and transparent approach, we have ensured that the journey of these new brands into the Middle East market was smooth and effective, especially by targeting events like Arab Health 2025.' 'Strategic location and supportive business environment of countries like UAE in the region make it an ideal platform for global brands to expand their reach. With its open market economy, economic stability, and support for private sector entities, the country offers innumerable opportunities for businesses to thrive. Hence, we are proud to support the UAE's vision to establish a world-class healthcare system,' he added A recent McKinsey research highlighted the growing consumer interest in overall wellness, with a particular focus on health, fitness, nutrition, appearance, sleep, and mindfulness. The research also emphasised that more people are expected to increase their purchases of both wellness products and services over the next year, particularly those that emphasise physical and mental health. This increasing demand for wellness products and services aligns with the offerings of the three brands launched by Global Edge. By introducing these brands, Global Edge aims to contribute to the Middle East's growing healthcare sector and empower individuals to make informed decisions and choices for a healthier future. -Ends-
