Tariff Turmoil: US on the Losing Side, Says Polish Economist
Polish economist Bartlomiej E. Nowak warns the US may lose the tariff war as countries shift trade patterns to dodge higher duties and reshape global trade.
GlobalTrade
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?
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
Postal services in India, South Korea, Italy and beyond are suspending U.S. parcel deliveries as the U.S. ends duty-free treatment for packages under $800 on August 29.
300% Tariffs Threaten Global Chip Supply
US plans up to 300% tariffs on semiconductors could disrupt the global supply chain, impacting tech prices and production worldwide.
Trading Up: Chinese Mainland’s Foreign Trade Sees 3.5% Growth
The Chinese mainland’s foreign trade grew 3.5% YoY in early 2025, showing resilience amid global challenges and hinting at new market trends.
Chinese Mainland’s 2025 H2 Game Plan: Demand, Trade & Market Moves
Get insights into the Chinese mainland’s 2025 H2 economic priorities—domestic demand, trade & investment boosts, and market stabilization—and their global impact.
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.