Trump’s 50% Tariffs on India Kick In Over Russian Oil Purchases
Trump’s new 50% import tariff on Indian goods takes effect today, doubling the previous rate and punishing India over Russian oil buys. What’s next in this global trade showdown?
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Chinese mainland and Saudi leaders eye deeper business partnerships
Leaders from the Chinese mainland and Saudi Arabia meet in Beijing to chart closer business partnerships under Vision 2030 and the Belt and Road Initiative.
China’s SCO Trade Soars to $512.4B in 2024 🔥
China’s 2024 trade with SCO member states reached a record $512.4 billion, marking a 2.7% rise and underlining deepening economic ties across Asia.
Global Postal Services Suspend U.S. Deliveries Ahead of Duty-Free Cutoff
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300% Tariffs Threaten Global Chip Supply
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US Doubles Down: New Metal Tariffs Stir Up Global Trade Risks
The U.S. has slapped 50% tariffs on hundreds more metal products, deepening global trade risks and shaking up industries from cars to canned tea.
China Hits Two EU Banks with Countermeasures
China’s Ministry of Commerce rolls out countermeasures against EU-based UAB Urbo Bankas and AB Mano Bankas, banning transactions and cooperation amid rising trade tensions.
Chinese Envoy Urges UN to Shield Red Sea Shipping Lanes
China’s envoy at the UN urged protection of Red Sea shipping lanes and a political solution to the Yemen issue to ensure global trade stability.