Trump tariffs fail to curb US imports as trade deficit deepens to record high
While the trade shortfall increased 13.7% to USD 105.6 billion, US posted record deficits with at least three countries, including…
Category: Trade
US tightens aviation component supplies to China amid trade talks
Through the latest move, Washington also eyes forcing Beijing to relax its grip on rare earth minerals needed for a…
Xi-Trump Summit: China, US agree tariff cuts on USD 60 billion of goods
The tariff cuts cover an array of products ranging from US corn to cosmetics and from Chinese household appliances to…
China’s container export share hits 40% as Beijing consolidates grip on global trade
The figure represents a 2.5 percentage-point increase in just nine months, according to Jens Eskelund, president of the EU Chamber…
WTO reform failure threatens 10% of global GDP, warns the trade body
Failure to reform the World Trade Organisation (WTO) could cost the global economy 10% of its output by 2050, the…
Trade war: Ottawa’s counter-tariffs kick in, Washington bans Canadian imports
Ottawa’s countermeasures match, in broad dollar terms, the latest tranche of tariffs imposed by Donald Trump on Canadian goods worth…
Tech boom props up China’s export fortunes amid weak domestic demand
Exports from the Asian giant surged 25% in August in US dollar terms, matching forecasts and accelerating from the 23.9%…
Get serious, Carney tells Trump as US-Canada trade deal hangs in balance
Washington’s North American neighbour staged a walkout from negotiations a couple of weeks back on an agreement to avoid additional…
US-Canada trade war: Trump’s tariff threat now targets automobile imports
While American auto production is heavily reliant on Canadian-made parts and vehicles, higher tariffs could raise car costs in the…
USMCA hangs in balance as US-Mexico talks take centre stage after Canada breakdown
The breakdown in negotiations between the Washington and Ottawa has cast a shadow on the future of the trilateral agreement,…