Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 23, 2025. Brendan McDermid | Reuters Have we gone back in time? It certainly seems on the markets front. Just look at the S&P 500 and you will think that it’s back in February — before U.S….
At a factory in Nantong, lithium batteries for laptops are being produced. China’s exports to the EU surged in May. This affects the European automotive and machinery industries as well. There are also early signs of trade diversion caused by US tariffs, as exports of laptops, smartphones, batteries and solar panels are climbing. Overall, the…
A truck passes by shipping containers at the Port of Los Angeles. Mark Ralston | Afp | Getty Images A new wave of ocean freight from China is beginning to arrive at the Port of Los Angeles and Long Beach, an increased flow of shipping containers aiming to beat potential tariff increases. President Trump imposed…
Global shipping companies and businesses are closely monitoring developments around the Strait of Hormuz, after Iranian threats to disrupt shipping following the U.S. strikes on its nuclear sites in its “Operation Midnight Hammer“ The U.S. warned Iran that any move to shut the Strait would be “economic suicide” and trigger a severe response. Why It…
SYDNEY — New Zealand Prime Minister Christopher Luxon and Chinese President Xi Jinping were scheduled to meet in Beijing on Friday as they seek to manage challenges in their relations that have heightened of late in connection with growing Chinese clout in the South Pacific. Luxon is on a three-day visit to China, his first…
Volatility has gripped global equity markets this year — and according to some asset managers, now could be the perfect time to rethink emerging markets. Developing economies were hit particularly hard by U.S. President Donald Trump’s so-called “reciprocal tariffs” plans when he unveiled them in April, with Sri Lanka, Cambodia and Vietnam slapped with tariffs…
With the July 9 deadline for finalizing trade deals approaching, the Trump administration is advancing its global tariff strategy. This report outlines the latest developments in tariff implementations and ongoing negotiations with key trading partners. Details of U.S.-China Trade Deal High-level negotiations in London, concluded on June 10, 2025, have produced a framework agreement with…
The Hong Kong Trade Development Council (HKTDC) plans to host a conference next year to foster collaboration with Gulf states, the body’s new head has said, adding that US President Donald Trump’s unpredictable policies could result in further changes to its export projections. Frederick Ma Si-hang, who took office on June 1, also said on…
Stocks in China and Hong Kong traded lower on Thursday, led by declines in the tech sector, as markets struggled to sustain the positive momentum from the Sino-U.S. trade talks that lacked concrete details. China’s blue-chip CSI 300 Index closed about 0.1% lower after wavering through the day, slipping from the three-week high touched on…
U.S. Treasury Secretary Scott Bessent (center) at Lancaster House in London, U.K., on Monday, June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. At the top…