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TARIFF TRUCE US CHINA
BRICS flags unilateral tariffs, trade barriers as global risksBRICS finance ministers voiced serious concerns over unilateral trade measures. Higher tariffs and non-tariff barriers are distorting globa...- China says it hopes to agree with US on tariff reductions 'at an early date'China and the United States anticipate reaching an agreement on reducing import taxes soon. Negotiators are working to implement reciprocal...
- EU countries to seek import curbs on chemicals, plastics, sources sayEuropean governments plan to use trade safeguards against surging imports. France, Italy, and Germany will request broad import quotas soon...
- Copper price's record rally highlights global mining-smelting mismatch, IPCPA saysCopper prices are soaring to unprecedented levels, driven by a significant global supply imbalance. While mining operations struggle to mee...
- China's car exports in first 8 months surpass 2025 total, as EV sales soarChina's passenger car exports have already exceeded last year's total for this year. August saw a significant 67.1% surge in passenger car ...
- Port of LA hits three-month record as Cargo peak stretches onThe Port of Los Angeles experienced its busiest three-month period on record, driven by an extended peak season. Importers are navigating g...
- Canada’s tariff counterpunch: Where Ottawa is hitting Donald Trump’s AmericaCanada has imposed retaliatory tariffs on a wide range of American goods. These measures target sectors like steel, dairy, and appliances, ...
- Shipping nations warn global trade is fracturing — and everyone paysThe Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example ...
- China's exports in August rise 25% on car and chip fillipChina's exports expanded 25% year-on-year in August in US dollar terms, matching forecast and accelerating from the 23.9% growth in the pre...
- State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
- Global Market | China’s Trade Data: Auto, tech stocks in focus after export surgeChina’s exports surged 25% year-on-year in August, supported by strong overseas demand for automobiles and high-tech goods, while the count...
- Canada's retaliatory tariffs take effect as US trade talks stallCanada has implemented retaliatory tariffs on American products after trade negotiations collapsed last month. These new duties affect twen...
- Xi Jinping to bring large CEO delegation on US visit, sources sayPresident Xi Jinping plans a large business delegation for his upcoming Washington visit. This unusual move signals China's willingness to ...
- US trade gap in July hits biggest in over a year on AI buildoutThe US trade deficit in July widened to its largest since March 2025, government data showed Thursday, as imports climbed on the back of th...
- US imposes 100% drone tariffs to curb China relianceNew United States tariffs of up to 100 percent took effect on Thursday. These duties target drones and specific components, aiming to reduc...
- Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
- Xi’s busiest travel itinerary in seven years is all about TrumpChinese President Xi Jinping is embarking on his busiest foreign travel schedule in more than seven years, visiting Central Asia and Egypt ...
- Trump says Xi to visit Washington this month for high-stakes summitPresident Trump announced President Xi Jinping will visit Washington for a summit. The leaders will discuss global security, trade, and hum...
- Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
- Trump to impose 7.5 percent tariff on Chinese goods, raising the total to 20 percentThe US plans to impose a 7.5% tariff on Chinese goods soon. This move aims to restore previous duties to around 20% before a summit. Beijin...
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