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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 President Donald Trump speaks with Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum after the draw for the 2026 soccer World Cup in Washington on Friday. Photo: AP
Donald Trump

Trump talks trade with Canada, Mexico leaders at World Cup draw

The three nations are preparing for a review of their trade pact amid rising US tariffs and threats by Washington to withdraw from the USMCA.

US-China relations

Trump recasts US allies as tools to counter China in security playbook: analysts

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US-China relations

Why China may be better placed than US in tussle for rare earths

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War and conflict

Opinion | Welcome to a world where wars don’t end and sanctions don’t work

The age of ‘distributed multipolarity’ shows that superpowers alone can no longer dictate international affairs.

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Illustration: Craig Stephens
China-Latin America relations

Trump’s national security blueprint aims to combat China’s rise in Latin America

Framework pledges to stop competitors from threatening the stability and political alignment of neighbouring countries in the region.

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US-China trade war

China’s vice-premier has ‘constructive’ call with US officials Bessent and Greer

Both sides agree to promote the development of bilateral trade ties to ‘expand the list for cooperation and shorten the list of problems’.

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United States

Trump could decide next year to withdraw from USMCA: US trade representative

‘The president’s view is he only wants … a good deal,’ Jamieson Greer told Politico, referring to the US-Mexico-Canada trade agreement.

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US Trade Representative Jamieson Greer. Photo: AFP
Donald Trump

Trump and Sheinbaum to meet for first time at Fifa World Cup draw in Washington

The Mexican president, along with Canada’s PM Mark Carney, is expected to discuss trade tariffs with Trump at the football tournament draw.

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China trade

Explainer | The return of Red Sea shipping: 3 scenarios for Chinese trade

Houthi rebels have signalled a halt in attacks on commercial ships in the Red Sea, allowing a possible end to costly detours.

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Singapore

‘No longer contentious’: Malaysia to weigh Singapore’s water project plan

The two countries have disagreed over water supply for decades, such as the perceived low prices charged by Malaysia’s Johor.

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The border crossing connecting Singapore to the Malaysian southern city of Johor Bahru. The state of Johor supplies untreated water to Singapore daily. Photo: AFP
US-China trade war

USMCA urged to form joint mechanism to address China’s national security threats

US, Mexico and Canada encouraged at US trade hearing to oversee ‘pragmatic and specific plan’ to strengthen economic rules against China.

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Shipping containers with flags of Mexico and China. The USMCA has been encouraged to adopt stronger economic security rules with China. Illustration: Shutterstock
US-China relations

Nvidia CEO meets Trump, says he’s not sure if China would accept H200 chips

He says he and the US president discussed export controls before he met lawmakers on the Senate Banking Committee.

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China’s private sector

US lifts China sentiment, but tensions cloud outlook in Japan: report

Global confidence in China ticked higher in the third quarter, Morgan Stanley says, driven by US companies and policy support in Beijing.

China-EU relations

Explainer | From pandas to nuclear power: what Macron wants from his trip to China

The French president is coming to Beijing with a large delegation looking to do business. Here are the key areas to watch for potential deals.

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French President Emmanuel Macron arrives in Beijing for a three-day visit to China on Wednesday. Photo: EPA
China shipbuilding

Beijing woos foreign firms as China seeks bigger role in global shipbuilding supply chain

From cruise ships to deep-sea ocean drillers, China aims to open its vast shipbuilding industry wider to overseas partners.

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An aerial view shows ships under construction at a shipbuilding facility along the Yangtze River in Yangzhou, Jiangsu province. Photo: AFP
China-Latin America relations

Trump seizes on China ‘ban’ in Brazil soy trade, but data shows US gains small

China halted imports of soybeans from five Brazil-based exporters after pesticide-treated wheat was found mixed into cargo bound for Beijing.

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Diplomacy

Editorial | Macron faces a tough but necessary balancing act as he visits China

While trade disagreements have hampered ties between Beijing and Paris, Macron’s trip is important for the development of economic and political ties.

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India

India’s strong economic growth impresses amid doubts on ‘overstated’ data

Questions about India’s latest 8.2 per cent GDP quarterly growth have been raised by ANZ Bank and analysts.

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Workers scan packages ahead of dispatch from the Flipkart fulfillment centre in Haryana. Domestic consumer demand is a key pillar of India’s economy. Photo: AFP
Malaysia

‘Unconstitutional’: Mahathir reports PM Anwar to police over Trump trade deal

Ex-PM claims the deal lacks constitutional approval and undermines bumiputra privileges, which benefit ethnic Malays and indigenous groups.

China-EU relations

EU abandons WTO case against China over alleged coercion of Lithuania

Brussels ends its challenge after saying flows have resumed, though critics note Lithuanian exports to China remain far below 2021 levels.

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Americas and the Caribbean

Brazil’s central bank chief says China’s low-cost imports have eased inflation

Gabriel Galipolo confirms imports from China have grown while their prices have fallen, easing inflation in Brazil in the short term.

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Central bank president Gabriel Galipolo says that cheaper goods from China have helped to reduce inflation and keep interest rates stable in Brazil. Photo: Pedro Franca/Agência Senado
United States

US-UK zero tariff deal to reshape NHS medicine spending

The agreement removes tariffs on medicines and raises NHS spending on new drugs by 25 per cent, boosting pharmaceutical growth.

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The US will exempt UK pharmaceuticals and medical tech from tariffs, under a new trade agreement. Photo: Shutterstock
Singapore

Like a ‘debt collector’? US ambassador irks Singaporeans by justifying tariff

While Anjani Sinha has called on Singapore to help ‘rebalance’ trade, the US also benefits from its ties with the city state, analysts say.

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China-EU relations

1 in 3 European firms in China hit by export controls plan to divert sourcing

Survey finds that most firms expect to be affected by China’s export controls, with many bracing for higher costs and long shipping delays.

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India

India’s looming BrahMos missile deal with Indonesia challenges US-China binary

New Delhi is emerging as a serious alternative security partner for Southeast Asia, offering hi-tech arms without ‘hegemonic baggage’.

A Indian naval officer walks past a BrahMos weapon systems during a rehearsal for a Republic Day parade in New Delhi, India, on January 20. Photo: Reuters
Malaysia

Tengku Zafrul on US trade deal, Umno and looking like a Singapore minister

As he vacates his post, the minister dubbed ‘hot property’ opens up about negotiating with the US and China, and why he swapped Umno for PKR.

Malaysia’s Minister of Investment, Trade and Industry Tengku Zafrul Aziz in Hong Kong on November 6. Photo: Jonathan Wong
Hong Kong economy

Editorial | ‘Partner port’ ties will help Hong Kong navigate global trade volatility

New deals with mainland Chinese and Chilean ports will enhance the city’s status as an international hub for finance, shipping and trading.

United States

Trump declares all orders signed by autopen under Biden ‘terminated’

Trump vows to terminate every document his predecessor signed, and if Biden lied about using an autopen, he would be charged with perjury.

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