
Global Trade Tensions, Automation in Deliveries, Social Security Concerns, Hurricane Preparedness, Offshore Wind Energy Project
Business | 8/27/2025
India has announced increased tariffs on a range of American goods, including apples and almonds, escalating trade tensions between the two countries. This move comes as a response to the US removing India from a preferential trade program earlier this year. The tariffs are set to take effect from September 18, affecting around $241 million worth of US exports to India.
In the realm of package deliveries, major courier companies like FedEx and UPS are increasingly turning to automation and technology to streamline operations. This shift aims to improve efficiency and cope with the surge in e-commerce orders, especially during the ongoing pandemic. Companies are investing heavily in robotics and AI to enhance sorting and delivery processes.
Concerns over the financial health of Social Security have been growing, with the program’s trustees stating that funds could run out by 2034 if no changes are made. The impact of the pandemic on employment levels and the economy has expedited the depletion of Social Security reserves, prompting calls for reforms to ensure long-term sustainability.
FEMA, the Federal Emergency Management Agency, is gearing up for a challenging hurricane season amid the ongoing Covid-19 crisis. With multiple storms brewing in the Atlantic, FEMA is stressing the importance of preparedness and urging residents in vulnerable areas to have evacuation plans in place. The agency is working to balance disaster response efforts with Covid-19 safety measures.
The Revolution Wind Project, a major offshore wind energy initiative, is set to provide renewable energy to New York. This project, expected to be operational by 2023, aims to bolster clean energy production and reduce carbon emissions. It aligns with New York’s goal of sourcing 70% of its electricity from renewable sources by 2030, marking a significant step towards a more sustainable energy future.