The U.S. State Department has intensified its months-long campaign against the European Union’s Digital Services Act (DSA), drawing sharp reactions from European officials just days before a crucial trade deadline between the two sides.
The United States and Japan reached a major trade deal to cut auto tariffs to 15% and unlock $550 billion in Japanese investment, averting new levies ahead of the 1 August deadline set by President Donald Trump
Indonesia and the U.S. have sealed a sweeping trade agreement that slashes tariffs, lifts digital restrictions, and removes key export barriers, marking a major win for American exporters and automakers.
During the Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers meeting in Tianjin on Wednesday, Pakistani Foreign Minister Ishaq Dar met with his Chinese counterpart Wang Yi to discuss the ongoing developments of the multibillion-dollar China-Pakistan Economic Corridor (CPEC).
Indonesia has reached a trade agreement with the United States that lowers proposed U.S. tariffs on Indonesian exports from 32% to 19%, following direct negotiations between Presidents Prabowo Subianto and Donald Trump. The deal, which includes major purchase commitments, is seen as a strategic win.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
Belarus will play an active part in next month’s United Nations conference for landlocked developing countries in Turkmenistan, Foreign Minister Maksim Ryzhenkov told his Turkmen counterpart Rashid Meredov during a telephone call on Thursday.
China has stated that trade agreements between the US and other countries should not be designed to target or negatively impact third nations. The comment follows a new trade deal announced between the United States and Vietnam earlier this week.
Russia actively shifted its trade focus away from Europe and the United States, redirecting it toward markets in friendly countries—primarily China, India, Central Asia, Africa, and the Middle East. The share of these countries in Russia's foreign trade has increased from 46% to 82%.
The United States and South Korea have reaffirmed their commitment to reaching a tariff agreement as soon as possible, according to South Korea's Ministry of Trade, Industry and Energy.
The first pilot cargo shipment along the Uzbekistan–Kyrgyzstan–China–Mongolia transport corridor has been successfully completed.
South Korea and Japan have agreed to deepen their cooperation with the United States in addressing regional security challenges, including North Korea, during a bilateral meeting held on the sidelines of the G7 summit in Canada, according to local media reports.
New Zealand’s Prime Minister Christopher Luxon is set to visit China this week to strengthen trade ties and attract tourists and students, while also addressing complex security and defence issues.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump agreed Monday to work toward finalizing a new economic and security deal within 30 days, despite ongoing disagreements over tariffs.
The 51st G7 Leaders' Summit kicked off in Kananaskis, Canada, with President Donald Trump and Prime Minister Keir Starmer announcing a landmark trade agreement that cuts tariffs on autos, steel, aluminium, beef, and ethanol, strengthening economic ties between the US and UK.
Spanish fashion giant Inditex (ITX.MC), owner of Zara, reported first-quarter revenues of €8.27 billion ($9.44 billion) on Wednesday, falling short of analyst expectations amid rising economic uncertainty.
The United States and China have reached a trade framework that both sides say could help restore trust and resolve key disputes, including removing China's export restrictions on rare earth and magnets.
Swiss President Karin Keller-Sutter said Switzerland and the U.S. have agreed to accelarate trade talks.
The European Commission's 2024 agri-food report shows that both exports and imports in the sector reached a record level. Despite on-going global challenges, the EU agrifood trade balance is largely positive at €63.6 billion.
Washington, D.C., February 19, 2025 – U.S. President Donald Trump announced on Air Force One that he expects Chinese President Xi Jinping to visit the United States, though he did not provide a specific timeline for the trip.
Trump's re-election shakes global trade, leaving EU-China ties in limbo as Europe balances U.S. alliances and economic interests with China amid rising geopolitical tensions.
EU officials will visit Ireland early next year to address concerns over the Mercosur trade deal. The agreement, after 25 years of negotiations, promises tariff cuts and new markets for European exports, but faces strong opposition from Irish farmers over competition and paperwork.
Donald Trump plans steep tariffs on Canada, Mexico, and China, sparking trade war fears and raising concerns over USMCA violations and global economic impacts.
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