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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.
The Panama-flagged container ship M/V Vela Nova. On Tuesday, the US Navy said it had fired on the ship after it attempted to break the US blockade of Iran’s ports. Photo: Vladimir Tonic / Handout via Reuters
US, Israel war on Iran

US says it has fired on ship in Gulf of Oman to enforce Iranian ports blockade

A US Navy helicopter fired on and disabled the Panama-flagged ship after the crew ignored warnings from US forces, said US Central Command.

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China trade

New US tariffs face legal challenges as Chinese firms see impact fading: reports

China manufacturing

Scholar rebuts claims state subsidies caused China’s industrial overcapacity

United States

Trump extends Jones Act waiver for 90 days, narrows scope

The extension ensures the US military and key industries maintain uninterrupted access to critical resources, the White House said.

The Rishiri Galaxy, an oil and chemical tanker sailing under the flag of Panama, at the Texas City docks next to the Marathon Galveston Bay Refinery soon after the US announced a 60-day waiver of the Jones Act shipping law on March 18. Photo: Reuters
China-Latin America relations

China moves to join Brazil’s WTO fight over Trump’s forced labour tariffs

Beijing said it held a substantial commercial interest in consultations Brasilia opened over duties of up to 37.5 per cent.

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US-China relations

Chinese national pleads guilty to trying to export US military gear to China

Chen Dingwei, 29, pleaded guilty to attempting to illegally procure US military-grade satellite modems and radios for export to China.

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China trade

Millions in US tariff refunds flow back to Chinese firms, buoying profits

Five listed firms, operating mainly in automotive and healthcare sectors, disclosed payouts, as reversal of duties strains US customs revenue.

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Shipping containers are moved at the Port of Long Beach in May – a month in which the US government disbursed US$21.97 billion in tariff refunds. Photo: TNS
US-China trade war

China hits US, Mexican pecans with preliminary anti-dumping curbs

The investigation follows Mexico’s maximum 50% tariff hike on about 1,400 product categories, imposed under pressure from Washington.

Belt and Road Initiative

China completes milestone test of US$10.8 billion canal link to Southeast Asia

Patrol vessel’s full run along Pinglu Canal moves megaproject closer to a planned September launch.

Indonesia

Indonesia’s strong GDP data prompts ‘resilient but uneven’ growth forecasts

While manufacturing and household spending rose in Q2, growth expectations are tempered by a decline in the mining and trade sectors.

Containers being stacked at Tanjung Priok Port in Jakarta. Photo: AP
Hong Kong economy

Hong Kong commerce chief to lead joint local and mainland delegation to Malaysia

Algernon Yau says about 200 mainland enterprises have already set up offices in the city since last year to expand globally.

Hong Kong commerce chief Algernon Yau will lead a delegation of mainland Chinese and local firms to Malaysia. Photo: May Tse
US-China relations

US unveils critical minerals deals in latest push to counter China

Trump administration seeks Beijing-free supply chains for key defence materials as Iran war strains US weapons stockpiles.

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China-Latin America relations

UnionPay to link Chinese payment apps to Brazil’s Pix after US tariffs

Central banks stay silent on pilot that would let tourists scan and pay weeks after Washington taxed the system.

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US-China relations

In Focus | Race for UN top job enters final stage: choice may ‘make or break’ bloc

A strong, visionary leader is needed as next secretary general as Iran war rages during one of most ‘unpredictable times geopolitically’.

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Illustration: Henry Wong
China trade

Lab-made diamonds ride AI demand for chip cooling as China leads industrial boom

Exports surge in first half of year, as the superior heat dissipation of diamonds expands market beyond jewellery, positioning China for further growth.

A worker checks a diamond at a facility in China’s Henan province. Photo: Xinhua
China exports

Beyond compliance: zero-carbon estates give China’s battery makers a global edge

With the EU’s binding carbon cap taking effect as early as 2028, the route to compliance for Chinese firms could offer a long-term advantage.

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China trade

July trade robust, fresh Chinese sanctions, Unitree IPO opens

This week: July trade growth moderates, Beijing retaliates against US sanctions and services activity growth slips. Next week: Subscriptions start for Unitree IPO, Tencent and Chinese chipmakers report interim earnings, July factory gate prices and more.

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China trade

Opinion | Why China’s trade partners may question value of economic integration

Both Beijing and its economic partners must ask whether expanding trade strengthens domestic productive capacity and improves long-term competitiveness.

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Shipping containers are seen at the port in Nanjing, in China’s eastern Jingsu province, early on June 9. Photo: AFP
China exports

China’s trade surplus narrows in July as exports hold firm in strong tech cycle

Import and export growth readings beat economists’ forecasts, driven by higher chip prices and a jump in tech shipments.

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US-China relations

China buys at least 10 more cargoes of US soybeans, traders say

These are the latest in a flurry of purchases ahead of President Xi Jinping’s expected US visit in September.

China-Latin America relations

US sanctions Cuba’s military representative in Beijing over China procurement

Measures target officials and firms accused of obtaining military equipment from China and Russia for Cuba’s armed forces.

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Left to right: Cuban Ambassador to China Alberto Blanco Silva, Chinese Major General Ye Jiang and Cuban First Colonel Waldo Perez Cortes pose during a 65th anniversary celebration in Beijing in September 2025. Photo: Cuban Ministry of Foreign Affairs (MINREX)
US-China relations

Copy that: why Beijing is investigating imported office equipment

Among Beijing’s countermeasures in response to the latest US sanctions, an investigation into imported printers and photocopiers stands out.

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Beijing has launched an investigation into imported printers and photocopiers that use foreign-developed software in response to the latest US sanctions. Photo: Getty Images
US-China trade war

China adds US sanctions, drone curbs in trade tit-for-tat

Beijing tightens curbs on unmanned aerial vehicle exports after US robotics import ban, sanctions firms for aiding measures targeting Xinjiang.

Yuan

China needs a stronger yuan, ‘fiscal boost’ to drive near-term growth: analysts

Rebalancing economy and offsetting a record trade surplus requires targeted stimulus to counter growing global trade barriers, analysts say.

US-China trade war

China’s retaliation against US shows depth of its trade war strategy: analysts

Beijing’s latest export controls and sanctions against American companies show its ‘countermeasures framework and toolkit have come of age’.

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China has broadened its economic strategy, introducing a growing array of legal, regulatory, and trade measures to respond more forcefully to US sanctions. Photo: Shutterstock
China-Latin America relations

Brazil to become regular borrower in China, treasury official says

Brasilia cannot guarantee debut will happen this year, but wants it repeated to give companies a yuan benchmark to aim for.

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Brazil intends to sell yuan bonds in China every year, a senior Brazilian treasury official said on Wednesday. Photo: Getty Images
US-China relations

US hawks push Trump on multibillion-dollar Taiwan arms deal ahead of Xi summit

Observers say US leader may be ‘miscalculating’ if he attempts to use the US$14 billion package to ramp up pressure on Beijing.

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Hong Kong economy

Hong Kong urged to be ‘super partner’ in businesses’ overseas expansion push

Chinese General Chamber of Commerce chief Jonathan Choi says city should invest and operate abroad, while urging annual review of first five-year plan.

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