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News about international trade flows, statistics and policy decisions from the world’s most important trading economies and trade-related bodies, including the World Trade Organisation.
US Treasury Secretary Scott Bessent at the G7 finance ministers and central bank governors meeting in Paris, France on Monday. Photo: EPA
United States

Bessent gives 30-day extension to import Russian oil as Iran war squeezes supply

US treasury secretary said the move would help poorer nations as China would not have the ability to ‘stockpile discounted oil’ from Russia.

Rare earths

Australia to force investors with China ties to divest from rare earths company

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Science

China’s northeast, poor in rare earths, scores big find

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US-China relations

Opinion | China’s gift to the world we live in: predictability

Surveys of US public opinion and German investor sentiment point to the wisdom of China’s strategic composure.

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US President Donald Trump and Chinese President Xi Jinping visit the Temple of Heaven in Beijing on May 14. Photo: Reuters
2026 Xi-Trump summit

Bought the farm? Details still fuzzy on scope of US-China agriculture deal

China granted five-year export licenses to 77 US beef facilities, while renewing expired licenses of 425 other plants for another five years.

2026 Xi-Trump summit

Trump leaves China after much pomp and pageantry, but little to show for it

US president’s much-anticipated summit with Xi Jinping in Beijing resulted in more fanfare than concrete policy change, analysts say.

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2026 Xi-Trump summit

Trump and his CEOs want China’s business – but has Asia moved on?

The US delegation went to Beijing looking for deals, but a ‘super cycle’ of capital expenditures across Asia is already fuelling enormous growth.

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Illustration: Lau Ka-kuen
US-China tech war

Trump, Xi weigh AI ‘guardrails’ as Nvidia chip exports hang in the balance

Meeting in Beijing, the presidents weighed safety protocols for the rapidly emerging technology, and H200 chip shipments were a ‘sovereign decision’ for ‌China.

US-China relations

As I see it | Beijing had already won before the Trump-Xi summit even started

There’s a lesson for the US president in Napoleon’s invasion of Russia in the early 19th century.

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2026 Xi-Trump summit

Trump, touting deal, says China to buy 200 Boeing jets with promise for more

After leaving Beijing, the US president announced a pledge to buy at least 200 jets, and up to 750 under certain conditions.

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An Air China Boeing 787-9 Dreamliner taxis to a runway before takeoff in Beijing on Saturday. Photo: AFP
2026 Xi-Trump summit

After Xi-Trump, China tech stocks retreat as market weighs ‘fantastic’ deals

Mainland benchmarks slip as investors lock in profits following Beijing summit, while analysts say the lack of specific deal terms suggests a deterioration ‘freeze’.

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US President Donald Trump shakes hands with his Chinese counterpart Xi Jinping during his state visit to Beijing on May 14, 2026. Photo: Pool via Reuters
Asean

Canada pushes to finalise Asean trade deal to cut US reliance

Ottawa is keen to sign an FTA with Asean this year, as analysts predict two-way growth in sectors ranging from mining to manufacturing.

US-China relations

Editorial | Xi-Trump summit in Beijing heralds start of constructive, stable relations

Through the meticulously planned welcome ceremony and Xi Jinping’s remarks, Beijing has emphasised the importance of stable bilateral ties to the world.

US-China trade war

The US-China trade war is entering a worrying new phase

The US and China are racing to roll out competing sanctions, rules and regulations, leaving firms trapped in a legal Catch-22.

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Illustration: Lau Ka-kuen
Brics

Opinion | Brics is less a structure than a sentiment

Despite lacking geopolitical alignment, Brics captures a prevailing mood among emerging economies that won’t fade away any time soon.

Brazilian President Luiz Inacio Lula da Silva (left) and President Xi Jinping attend the 2023 Brics Summit at the Sandton Convention Centre in Johannesburg, South Africa, on August 24, 2023. Photo: AFP
China-Latin America relations

China restores US beef trade amid Trump-Xi summit, alarming Brazilian exporters

Beijing’s renewal of import licences for US beef plants comes as Brazil nears its annual quota cap and scrambles for alternative markets.

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2026 Xi-Trump summit

Boeing nears ‘large’ China orders as Trump and Xi forge new trade board: Bessent

Washington and Beijing will discuss the board to manage commercial ties, and there is a plan to ‘pregame’ investments to avoid national security blocks.

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South Korea

Samsung union’s strike threat fuels fears of South Korea’s economic slowdown

The AI boom and SK Hynix’s profit-sharing arrangement with its workers have reportedly galvanised Samsung’s biggest union to take action.

Union members from Samsung Electronics stage a protest in front of the company’s plant in Pyeongtaek, Gyeonggi province last month. Photo: The Korea Times
Donald Trump

Video | Beijing’s Temple of Heaven closed for Trump’s private tour

Beijing urges US president ‘to hold the line on peaceful coexistence’ as it prepares to host him at heritage site.

Malaysia

Malaysia weighs legal action after Norway blocks missile exports

The missiles are central to Malaysia’s troubled littoral combat ship programme as Putrajaya says it will seek an explanation from Oslo.

China trade

Asia needs ‘institutional toolbox’ to survive global shocks, China experts warn

Ahead of Trump’s China visit, experts at an RCEP forum discuss a supply-chain overhaul, looking to insulate the world’s biggest trading bloc.

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Chi Fulin, president of the China Institute for Reform and Development, speaks at an RCEP forum in Hainan on Saturday. Photo: Handout
2026 Xi-Trump summit

China-US trade talks kick off in Seoul ahead of high-profile leaders’ summit

Trade deals, export controls on critical minerals and the Iran war likely to be talking points as senior officials sit down for negotiations.

US Treasury Secretary Scott Bessent arrives at Incheon International Airport in Seoul on Wednesday, ahead of a scheduled meeting with South Korean President Lee Jae Myung and trade talks with Chinese Vice-Premier He Lifeng. Photo: Reuters
US-China relations

US confirms delegation to Apec meeting in China as Trump sets off for Beijing

US representatives to attend Apec trade and investment meetings in Shanghai and Suzhou this month as key Trump-Xi summit looms.

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US-China relations

Opinion | US maximum pressure tactics unlikely to work with China

As the Trump-Xi summit approaches, China will be going into negotiations with a new diplomatic posture.

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2026 Xi-Trump summit

US defence secretary joins Trump on China trip in rare diplomatic move

Pete Hegseth becomes first Pentagon chief to accompany a US president to Beijing since Richard Nixon’s 1972 visit.

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US Defence Secretary Pete Hegseth testifies before the Senate on Tuesday regarding the White House’s proposed military budget. Photo: Getty Images
China-Latin America relations

Beijing calls Paraguay leaders willing ‘chess pieces’ after disputed Taiwan trip

Beijing’s anger over President Santiago Pena’s Taipei trade visit comes as Taiwan issue looms large at this week’s Trump-Xi summit.

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Paraguayan President Santiago Pena and Taiwanese leader William Lai Ching-te meet in Taipei on May 8. Photo: Kyodo
2026 Xi-Trump summit

China stresses ‘equality, respect’ as Trump heads to Beijing for Xi summit

Trade, Taiwan and Middle East tensions loom large as US and Chinese leaders meet for first state visit since Trump’s return.

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United States

US finalises US$35.5 billion in refunds for illegal Trump tariffs

Customs and Border Protection has received 126,237 applications for reimbursements as of Monday morning.

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