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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 phone call was the first contact with US President Donald Trump (left) since Mark Carney (right) became Canadian prime minister. Photos: AFP
United States

Trump and Canada’s PM Carney ease tensions with ‘productive’ call

The US president says the two leaders have agreed to meet soon after Canada’s general election in April.

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China trade

With its chips on the table, Taiwan seen avoiding the worst US tariffs

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China's economic recovery

Xi urges foreign firms to resist ‘acts that turn back the wheel of history’

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Canada

Era of close ties with US ‘over’, Canada PM says, as Trump asks to talk

Mark Carney says he expects to speak to the US president in ‘a day or two’, and that Canada will retaliate against planned US car tariffs.

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Canadian Prime Minister Mark Carney speaks during a press conference on proposed US tariffs in Ottawa on Thursday. Photo: EPA-EFE
China-EU relations

EU trade commissioner says bloc seeks to deepen cooperation with China

Maros Sefcovic, in Beijing meeting with Vice-Premier He Lifeng, signals European Union’s softening tone toward engagement with China.

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Hong Kong politics

Fourth Beijing warning for Li Ka-shing’s Hutchison over Panama ports deal

Beijing’s offices overseeing Hong Kong affairs repost another scathing news article taking aim at company over sale to US consortium.

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Boao Forum for Asia

‘Unstoppable momentum’ vs ‘big challenges’ in China’s cross-border e-commerce

Former deputy secretary general for China’s State Council warns of a potential negative impact from foreign import tariffs on small packages.

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Shoppers in Britain carry promotional Shein bags in December. Photo: Reuters
United States

Opinion | Trump’s trade policy is misguided but don’t be quick to blame tariffs

Instead of attacking the use of tariffs, the Trump administration’s domestic critics should consider their popularity and effectiveness.

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TV shows and streaming video

Addictive China micro-dramas show how commercial demand fuels netcasting boom

The head of China’s body overseeing film and TV calls micro-dramas a ‘new growth pillar for China’s online audio and video industry’, with growing influence overseas.

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Malaysia

Name your ‘wish’: Johor-Singapore special zone dangles more investor perks

Malaysian official reveals more benefits on sidelines of Korea-Asean Business Forum in Seoul, as UOB bank rolls out support for Korean firms eyeing the region.

Vehicles at the causeway coming from Malaysia’s state of Johor to enter Singapore. Photo: AFP
Japan

Japan braces for heavy blow from US car tariffs as Ishiba weighs response

Prime Minister Shigeru Ishiba said Tokyo will consider the ‘most effective response’ to US levies on car imports.

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Automobiles made up 28.3 per cent of Japan’s total exports to the US in 2024. Photo: Reuters
China-EU relations

In China, EU trade chief to play hardball after Trump tariff rebuff

EU officials experienced on China have insisted in planning meetings that no concessions should be made to Beijing.

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Hong Kong economy

Exclusive | Hutchison, government in talks to see if there’s any way out as deadline nears

Sources say Hong Kong government approached Hutchison immediately after learning on March 4 about the surprise deal to sell its port operations.

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Japan

‘Impossible to keep up’: Japan ‘stunned’ by Trump trade threats, false claims

Analysts fear this disinformation will strain the US-Japan alliance, risking economic uncertainty, especially in the auto sector.

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US President Donald Trump holds up a signed executive order. Photo: Reuters
China-EU relations

China, Europe ‘share same worry’ about unilateralist forces: ESM director

In China as part of a finance-focused delegation, director of European Stability Mechanism says the two regions are aligned in bid to stabilise international finance.

There are areas of financial cooperation in which China and the European Union share like-minded views. Photo: Reuters
Canada

Canada PM Carney calls Trump car tariffs a ‘direct attack’ on his country

The prime minister says his government will defend Canadian workers and companies, and the US president’s trade war is hurting Americans.

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US-China relations

As Trump’s policies create divisions, G7 plays the ‘China card’ for unity

As ‘America first’ pressures G7 unity, Western moves to divert Washington’s hostility could be short-lived if US-China relations improve.

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Donald Trump

Trump presses ahead with 25% car tariffs, ratcheting up trade war

Trump’s move is expected to drive up vehicle prices and send shock waves through the industry worldwide.

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Brand new cars at a storage lot in Richmond, California. Photo: AFP
US-China relations

Editorial | China offers stability in a world roiled by rising trade tensions

Premier Li Qiang has reassured major CEOs from around the world that the nation remains open for business despite Donald Trump’s tariff threats.

US-China relations

Trump suggests TikTok-for-tariff deal after top US, China trade envoys speak

‘Every point in tariffs is worth more than TikTok,’ Trump tells reporters after Vice-Premier He Lifeng and USTR Jamieson Greer trade ‘serious concerns’.

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US-China relations

US adds more Chinese firms to tech ban list. Is it just the start for Trump 2.0?

America has a sense of urgency about the way China is closing the technology gap, analyst says.

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The US has announced that around 60 Chinese tech companies and research institutions have been added to its “entity list” to prevent Beijing from advancing artificial intelligence for the military. Photo: Shutterstock
US-China tech war

Beijing AI research lab says inclusion on US export control list a ‘mistake’

The updated BIS list includes more than 50 new Chinese entities, including six units of cloud computing provider Inspur Group.

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Wang Zhongyuan, head of Beijing Academy of Artificial Intelligence, speaks at the annual BAAI Conference on June 14, 2024. Photo: Ben Jiang
United States

Opinion | No economy is safe as Trump upends rules-based order

The Trump shock is the functional equivalent of a full-blown crisis, and the contagion is almost certain to spread throughout the world.

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China's economic recovery

In bid to woo more foreign investors, Shanghai pledges to loosen rules

China’s financial hub is putting in more effort to attract and retain overseas capital as economic, trade landscape grows more uncertain.

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Vietnam

Vietnam slashes tariffs on US gas, cars as Trump’s trade ‘Liberation Day’ looms

Thought to be among the Trump administration’s ‘Dirty 15’ list of trade partners, Vietnam is rushing to reduce its trade surplus with the US.

Flags of the United States and Vietnam sit on a table during a bilateral meeting in the US last year. Photo: Getty Images via AFP
Hong Kong politics

Hong Kong devoted to bolstering foreign ties, John Lee says at Boao Forum

Chief executive touts international connections following Chinese Premier Li Qiang’s call for city to expand global ties.

Chief Executive John Lee has highlighted that Hong Kong had retained third place globally and first in Asia in the latest Global Financial Centres Index. Photo: Handout
China-EU relations

Unaffected by EU’s tariffs on EVs, China’s hybrid-vehicle exports surge to bloc

With Brussels’ tariffs not a problem, China’s plug-in hybrid EVs have become the fastest-growing Chinese export item to the 27-nation bloc.

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China-Canada relations

Canada files WTO trade action against Chinese agriculture, fishery import duties

Tariffs place a 100 per cent surcharge on rapeseed oil, peas and oil cakes for animal feed. Aquatic products will face a 25 per cent levy.

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