China’s trade surplus has topped $US1 trillion ($1.5 trillion) for the first time as manufacturers seeking to avoid President Donald Trump’s tariffs shipped more to non-US markets, with exports to Europe, Australia and South-East Asia surging. Shipments to the United States dropped by close to one-third when comparing November data to the same month last…
CHINA’S INDUSTRIAL might is hard to capture in numbers. The country accounts for more than 30% of global manufacturing, or more than America, Germany, Japan and South Korea combined. That figure understates the growing terror that Chinese-made stuff inspires in foreign competitors and governments alike. PREMIUM Flags flutter near Tiananmen Square ahead of the 80th…
A new chapter in UK–India relations began when on July 24, 2025, Prime Ministers Narendra Modi and Keir Starmer signed the long-awaited Free Trade Agreement (FTA) — a bold, sweeping accord that transcends tariffs and quotas, aiming to reshape global trade flows between the world’s fifth and sixth largest economies. Hailed as “the most economically…
BANGKOK (AP) — U.S. President Donald Trump’s new tariff rates of up to 41% on U.S. imports from dozens of countries drew expressions of relief Friday from some countries that negotiated a deal or managed to whittle them down from rates announced in April. Others expressed disappointment or frustration over running out of time after…
US stock futures slipped as the White House began to release the policy consequences of the expiration of President Trump’s trade deadline, including a baseline tariff rate of 10% and increased levies on Canada. Futures attached to the Dow Jones Industrial Average (YM=F) ticked down 0.2%. Futures attached to the benchmark S&P 500 (ES=F) fell…
Two of President Donald Trump’s top trade negotiators hailed their approach toward addressing trade grievances with Japan as a possible incentive for the European Union, as negotiations come to a head before an Aug. 1 deadline. Commerce Secretary Howard Lutnick said Wednesday in an interview with Bloomberg Television that Japan’s pledge of hundreds of billions…