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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.
India’s Prime Minister Narendra Modi and Canada’s Prime Minister Mark Carney meet before the 2025 G7 summit in Kananaskis, Alberta. Photo: AP
India

Trade and diplomatic reset top the agenda for Canadian PM’s India visit

Both sides are set to boost trade links and repair ties further following a fallout over the 2023 killing of a Sikh separatist, analysts say.

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China consumption

IMF urges China to focus on consumption-led rebalancing, curb industrial policy

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China economy

Opinion | How ‘little giants’ help China defend its manufacturing dominance

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China technology

Shenzhen dethrones Shanghai, Beijing as China’s top industrial powerhouse: mayor

Leading in R&D density, AI innovation and start-up cultivation, Shenzhen is building a full-stack AI ecosystem, according to the mayor’s annual work report.

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A humanoid robot prepares a drink at a coffee kiosk in Shenzhen on January 28. Photo: Getty Images
US-China trade war

US warns of deep distrust even as officials seek stable China ties for summit

Congressional hearings reflect bipartisan concern and highlight persistent advanced tech market tension as key Trump-Xi summit looms.

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Brics

Why Brics can’t do away with US dollar even as currency cooperation rises

Brazil says there has been no proposal or talks within Brics to create a common currency across the bloc.

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China-EU relations

EU too slow to act as China rewrites global trade rules, trade chief Sefcovic warns

Commissioner calls for faster trade probes and WTO reform as Brussels confronts overcapacity, subsidies and a US$424 billion deficit.

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Maros Sefcovic said Brussels is reviewing trade defence tools and monitoring imports of Chinese plug-in hybrid vehicles. Photo: AFP
US-China trade war

China braces after Trump imposes new global tariff – how will it respond?

Beijing is on alert but signals readiness to engage ahead of high-level trade talks and Trump’s first visit to China in his second term.

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United States

Opinion | Despite Supreme Court ruling, Trump has legal cards for tariffs in hand

The US’ trading partners are understandably taking a wait-and-see approach to the tariff landscape after the court decision.

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India

India and Brazil set sights on US$30 billion trade milestone by 2030

The two founding Brics members are deepening links on rare earths, innovation and AI to diversify growth beyond the West.

Brazilian President Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi hold a press conference after a meeting in New Delhi on Saturday. Photo: EPA
Japan

No takebacks: Japan wants US to stick to trade deal amid tariff turmoil

Japan could see extra tax burdens on some goods if Trump’s new 10 per cent tariffs were to be applied unilaterally, the trade minister said.

A container ship leaves a cargo terminal in Tokyo in April 2025. Photo: AP
China trade

US-Indonesia deal threatens China’s ‘entrenched position’ in nickel market: analysts

A new deal gives America unrestricted access to Indonesia’s nickel – and challenges China’s ‘preferential’ position in the market, analysts say.

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China-Japan relations

China adds Japanese entities to export control list, turning up heat on Tokyo

Beijing has also added 20 Japanese firms and institutions to a watch list for the export of goods with potential military applications.

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US-China relations

US tariff ruling points to steadier US–China ties before April summit: analysts

Court decision lowers effective duties, easing tensions and steering Xi-Trump talks towards stability rather than escalation.

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US President Donald Trump (left) meets Chinese leader Xi Jinping on the sidelines of the G20 summit in Osaka, Japan, on June 29, 2019. Photo: AP
China-Africa relations

Opinion | China’s zero-tariff offer to Africa is a game changer

In contrast to Western proposals that come with strings attached, China has turned its own market into the main instrument of partnership.

A volunteer grinds coffee beans with children during a hands-on experience session at the Ethiopian pavilion of the China-Africa Economic and Trade Cooperation Promotion Innovation Demonstration Park in Changsha, Hunan province on August 30, 2024. Photo: Xinhua
China-Latin America relations

Panama ousts Hong Kong operator from canal ports in ruling backed by Washington

White House says Panama’s move to assert sovereignty over Balboa and Cristobal aligns with Donald Trump’s vision for the canal.

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China-EU relations

Opinion | Germany’s outreach to China signals a reckoning, rather than a shift

The German chancellor realises that while China poses a long-term economic challenge, the United States is currently the more disruptive partner.

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US-China trade war

Critical minerals rivalry expands to copper, silver

The US and China are intensifying efforts to secure copper and silver supply chains amid surging industrial demand which has driven up prices of the metals, delivering big returns for investors in 2025.

Critical minerals rivalry expands to copper, silver
South Korea

Tariff whiplash throws Asia’s recent US trade deals into doubt

India has already paused trade talks with Washington as other Asian nations are left to question the validity of their recent agreements.

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China trade

Open Questions | Abraham Newman on how world can resist US, China economic coercion

Threatening rivals’ economic choke points is nothing new, but Trump has politicised it, political scientist says. He suggests ways countries and companies can respond.

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Food and agriculture

Opinion | How China’s national food security push could reshape global markets

Amid increasing pressure from trade wars and climate change, Beijing is reframing agriculture as a matter of national security.

Farmers pick grapes in Xuzhou, Jiangsu province on June 6, 2025. Photo: VCG via Getty Images
Semiconductors

Trump takes aim at Taiwan’s chip sector after Supreme Court tariff ruling

Taiwan has edged out top US chipmakers and Taiwanese firms are setting up factories in the US to avoid paying tariffs, Trump says.

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US President Donald Trump has repeatedly claimed that Taiwan has stolen the US’ chip business. Photo: Reuters
Electric & new energy vehicles

China bets on electric ships in push to decarbonise waterways, expand EV success

Twin strengths, battery technology and shipbuilding, are being fused to electrify maritime transport, moving beyond short-haul passenger vessels to commercial cargo.

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United States

Trump says raising US global tariff rate from 10 per cent to 15 per cent

The move comes a day after ⁠the ‌US Supreme Court ruled ‌against ‌the ‌tariffs Trump ⁠imposed under an ⁠economic emergency law.

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India

India, Brazil sign rare earths deal to build ‘resilient supply chains’

With China holding a near-monopoly on rare earths production, India and other countries are seeking alternative sources.

Brazilian President Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi ahead of their meeting at Hyderabad House in New Delhi on Saturday. Photo: EPA
Hong Kong economy

New US 10% global tariff will have ‘limited impact’ on Hong Kong: treasury chief

Christopher Hui cites city’s service-dominated economy as buffer and says US move highlights Hong Kong’s safe haven status.

The container terminal at Tsing Yi. Treasury chief Christopher Hui says the new US tariff underscores the importance of predictability in investment. Photo: Dickson Lee
Vietnam

US to remove Vietnam from tech export control list, Hanoi says

Donald Trump’s reported pledge follows a massive US$37 billion spending spree by Vietnamese airlines on US aerospace contracts.

China economy

Opinion | How the next China shock is shaping hearts and minds

No longer confined to trade and technology, competition between China and the West is now playing out in the realm of cultural imagination.

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