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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.
Indian Foreign Minister Subrahmanyam Jaishankar and Japanese Foreign Minister Toshimitsu Motegi attend a joint press conference following the Quad Foreign Ministers’ meeting at the Hyderabad House in New Delhi, India, on May 26. Photo: Reuters
India

Opinion | As Asia’s strategic landscape evolves, what is the Quad’s purpose?

Countries like India can’t afford to let ties with China be defined by a grouping focused on reacting to one power and lacking a broader positive vision.

China trade

How China’s blueberry boom is reaching Southeast Asia on faster trade links

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United States

Editorial | US tariff threat over forced labour looks like old wine in a new bottle

Quadrilateral Security Dialogue

Past failures haunt the Quad’s US$20 billion critical minerals push

The initiative aims to break China’s near-monopoly, but private-sector caution and a history of unfulfilled pledges stand in the way.

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US Secretary of State Marco Rubio holds a press conference during the Critical Minerals Ministerial meeting at the State Department in February. Photo: Reuters
US-China relations

Opinion | Energy now a focus of US-China contest of the century

As China and the US race towards energy dominance, attention to climate resilience and resource security can ensure positive outcomes for all.

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Diplomacy

As I see it | Trump is turning allies and partners into friends of China

Dealing with Beijing offers countries such as Canada and India more leverage with the US in addition to economic benefits.

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India

Is US wielding new tariff threat to secure big bargain in India trade talks?

Additional 12.5 per cent levy over forced labour supply-chain concerns seen as leverage in negotiations, analysts say.

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US President Donald Trump has expressed confidence that a trade deal with India is nearing completion. Photo: AP
US-China trade war

US farm chief says reliance on China threatens American ‘freedom’

Agriculture secretary’s warning comes as tariffs weigh on China trade and Hormuz disruptions drive up fuel and fertiliser costs.

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China-EU relations

EU trade chief swipes at China overcapacity, but vows ‘meaningful’ discussions

Maros Sefcovic made the remarks after meeting China’s chief trade negotiator, but says both sides are focused on mutual success.

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China-Latin America relations

Opinion | China’s economic inroads in Latin America are hitting political walls

China’s economic gains in the Americas are real, but Donald Trump’s return to the White House shows that political success is another story.

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Illustration: Craig Stephens
Japan

Japan’s PM Takaichi eyes India trip for talks with leader Modi

The leaders plan to discuss strengthening supply chains of critical goods given concerns about China.

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Japan’s Prime Minister Sanae Takaichi at a budget committee session at the National Diet in Tokyo on Thursday. Her trip to India later this year would be part of the two nations’ practice of reciprocal visits by their leaders. Photo: AFP
China-EU relations

EU, China hold talks as trade war looms

China trade envoy Li Chenggang is to meet EU trade chief Maros Sefcovic to set up a platform for discussing trade and investment as Europe considers a tougher approach to stem a flood of low-cost Chinese imports.

China trade

Shanghai urged to unify incentives as EU firms in China flag rising challenges

European chamber pushes for ‘one Shanghai’ policy as survey reveals cross-border capital flow and market access barriers weigh on operations.

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China trade

New global financial architecture needed to end trade surplus fixation: Piketty

Economist proposes central bank and currency under the UN to remove fears that ‘world financial markets are going to eat your currency’.

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French economist Thomas Piketty in Hong Kong in 2018. Photo: Edward Wong
Hong Kong economy

Editorial | Kazakhstan partnerships redefine Hong Kong’s strategic role in Central Asia

Chief Executive John Lee’s trip has delivered concrete results that will enhance business and economic ties and boost tourism.

Hong Kong Chief Executive John Lee (left) meets Kazakh President Kassym-Jomart Tokayev (second right), in Astana, Kazakhstan, on June 1, to exchange views on deepening bilateral relations. Photo: Handout
US-China relations

Taiwan opposition leader promotes cross-strait peace during US trip

Cheng Li-wun is in San Francisco at the start of a two-week US visit that is being closely monitored in Beijing, Taipei and Washington.

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US-China trade war

US treasury secretary says China eyeing more Boeing purchases ahead of Xi visit

Treasury chief says US-China ties are stable but warns reliance on China in critical minerals, chips and medicines is unacceptable.

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US-China trade war

‘Utterly absurd’: China and EU push back on US forced labour tariff claims

Trump administration threatens tariffs of up to 12.5 per cent on imports from 60 economies over failure to ban goods made with forced labour.

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A Chinese flag flies from a ship at the Port of Oakland in the US state of California. Photo: AP
China-Latin America relations

‘I will sell to someone else’: Brazil’s Lula hits back at US after China beef win

The president also branded Rubio a ‘frustrated Latino’ and vowed Brazil would ‘not be treated as an insignificant little republic’ by the US.

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United States

US government appeals against judge’s order for Trump tariff refunds

The processing of repayments has already begun, but the appeal could affect the operation, with US$166 billion in revenue at stake.

Hong Kong economy

‘At least 1 firm under Kazakh wealth fund will list in Hong Kong this year’

Trade Development Council chairman Frederick Ma points to Kazakhstan’s huge potential as it seeks to privatise state-owned companies.

Chief Executive John Lee and delegation members learn about Kazakhstan’s AI developments during their visit. Photo: handout
United States–Mexico–Canada Agreement (USMCA)

Canada and Mexico tell US they want free trade deal renewed

Trump signed and praised the USMCA during his first term but now calls the deal ‘irrelevant’.

An American flag flies near a container ship at the Port of Los Angeles in May. Photo: AP
China-Latin America relations

China opens door to all Brazilian beef, then slams it with a 55% surtax

Recognition lifts a long-standing sanitary barrier, but an import quota in force since January caps how far Brazilian beef sales can grow.

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US-China relations

US and China have ‘no choice’ but to talk despite ‘long-term problems’: Rubio

Top diplomat said dialogue was essential to prevent tensions over Taiwan, trade and security from escalating into a broader conflict.

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United States

US proposes 25% tariff to punish Brazil over trade practices

The measures cover areas such as electronic payment services, preferential tariffs, intellectual property protection and the ethanol market.

US Trade Representative Jamieson Greer speaks with reporters at the White House in April Greer called the Brazil action “quite nuanced” because of the broad exemptions. Photo: Reuters
China-EU relations

Putin in Beijing, ‘China shock’ in EU: 7 global relations reads

From ‘miscalculation’ by the Dutch navy to China on Iran mediation, here are highlights from the SCMP’s overseas correspondents in May 2026.

Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcoming ceremony at the Great Hall of the People in Beijing. Photo: AP
China-Latin America relations

US’ Cuba-China fears, Panama pressure: Latin America relations reads

From Argentina’s shrinking China lifeline to the US’ Cuba worries, here are highlights from the SCMP’s foreign correspondents in May 2026.

Indonesia

Prabowo’s overseas visits spark debate in Indonesia over benefits for citizens

Several deals signed in Paris have led to discussions on their merit and the frequency of Prabowo’s official trips around the world.

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