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News about international trade flows, statistics and policy decisions from the world’s most important trading economies and trade-related bodies, including the World Trade Organisation.
Illustration: Craig Stephens
China-EU relations

Opinion | Germany’s outreach to China signals a reckoning, rather than a shift

The German chancellor realises that while China poses a long-term economic challenge, the United States is currently the more disruptive partner.

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US-China trade war

Critical minerals rivalry expands to copper, silver

South Korea

Tariff whiplash throws Asia’s recent US trade deals into doubt

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China trade

Open Questions | Abraham Newman on how world can resist US, China economic coercion

Threatening rivals’ economic choke points is nothing new, but Trump has politicised it, political scientist says. He suggests ways countries and companies can respond.

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Illustration: Lau Ka-kuen
Food and agriculture

Opinion | How China’s national food security push could reshape global markets

Amid increasing pressure from trade wars and climate change, Beijing is reframing agriculture as a matter of national security.

Semiconductors

Trump takes aim at Taiwan’s chip sector after Supreme Court tariff ruling

Taiwan has edged out top US chipmakers and Taiwanese firms are setting up factories in the US to avoid paying tariffs, Trump says.

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Electric & new energy vehicles

China bets on electric ships in push to decarbonise waterways, expand EV success

Twin strengths, battery technology and shipbuilding, are being fused to electrify maritime transport, moving beyond short-haul passenger vessels to commercial cargo.

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China is building electric cargo ships to decarbonise the nation’s waterways. This December 2024 image shows the nation’s first “clean drift transfer” ship, which is a zero-emission vessel designed to collect floating debris and waste from rivers, lakes or coastal areas. Photo: Getty Images
United States

Trump says raising US global tariff rate from 10 per cent to 15 per cent

The move comes a day after ⁠the ‌US Supreme Court ruled ‌against ‌the ‌tariffs Trump ⁠imposed under an ⁠economic emergency law.

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India

India, Brazil sign rare earths deal to build ‘resilient supply chains’

With China holding a near-monopoly on rare earths production, India and other countries are seeking alternative sources.

Hong Kong economy

New US 10% global tariff will have ‘limited impact’ on Hong Kong: treasury chief

Christopher Hui cites city’s service-dominated economy as buffer and says US move highlights Hong Kong’s safe haven status.

The container terminal at Tsing Yi. Treasury chief Christopher Hui says the new US tariff underscores the importance of predictability in investment. Photo: Dickson Lee
Vietnam

US to remove Vietnam from tech export control list, Hanoi says

Donald Trump’s reported pledge follows a massive US$37 billion spending spree by Vietnamese airlines on US aerospace contracts.

US Secretary of State Marco Rubio (right) and Vietnamese Foreign Minister Le Hoai Trung shake hands in Washington on Thursday. Photo: AFP
China economy

Opinion | How the next China shock is shaping hearts and minds

No longer confined to trade and technology, competition between China and the West is now playing out in the realm of cultural imagination.

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US-China trade war

Trump lashes out at US Supreme Court, rolls out new 10% global tariffs

Decision threatens administration’s trade agenda; casts shadow on Xi-Trump summit as some China tariffs wiped out before Beijing talks.

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US-China trade war

Why looming US-China trade talks could hinge on an obscure metal: gallium

China’s ban on exports of the vital metal could kick in again in November – and the US still has no realistic alternative supplier.

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A block with the symbol, atomic number and mass number of Gallium. Illustration: Reuters
China trade

China defends WTO’s ‘equal treatment’ rule – what it means for global trade

Beijing warns that ending non-discrimination in global trade rules could see powerful countries dominate smaller ones.

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The WTO launched a formal self-review in 2022, and is expected to discuss reform proposals in March. Photo: AFP
US-China trade war

US trade deficit widens, Spring Gala performances, Merz visit

This week: US trade deficit widens, humanoid robots dazzle in Spring Festival Gala, Wang Yi and Marco Rubio at Munich Security Conference. Next week: German Chancellor Friedrich Merz visits China, Politburo meets ahead of ‘two sessions’, Hong Kong budget speech and more.

US-ally trade wars

Outside In | Try as it might, the US alone can’t reverse the tide of globalisation

Accounting for a significant share of world trade, Europe and Asia are far more decisive players in the fast-changing globalised economy.

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Indonesia

Why Indonesia’s president wants clay roofs on all homes

The president says tourists are put off by Indonesia’s ‘rusty zinc’ roofs, and its image would improve with wider use of clay tiles.

Zinc roofs on top of a house in Walatungga village, Sumba Island, Indonesia. Photo: AP
China-Germany relations

Video | China-Germany ties ahead of Merz’s visit

Roles reversed with China, once reliant on German expertise, now on top.

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China-Africa relations

China helps Zimbabwe grow US$1.2 billion tobacco crop amid debt, health concerns

As Zimbabwe’s largest agricultural export and a primary foreign currency earner, tobacco dominates its trade with Beijing.

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US-China relations

Former Biden official says US must work with allies to counter China

Kurt Campbell warns Trump’s strategy risks weakening Washington leverage as policy machinery erodes and Beijing sharpens its approach.

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Kurt Campbell, former US deputy secretary of state and a key architect of Washington’s Indo-Pacific strategy, at an event in 2023. Photo: Getty Images
Diplomacy

Opinion | The 21st-century order has outgrown 20th-century institutions

Despite international tensions, countries still seek cooperation based on shared interests. Institutions must embrace this trend.

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Illustration: Craig Stephens
US-China trade war

US trade deficit widens sharply in December, testing Trump tariff claims

Trade with China remains a major driver of the US deficit, even as imports shift towards Southeast Asia and other partners.

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India

India-Europe trade corridor gathers pace as Modi, Macron pledge port partnership

The India–Middle East–Europe Economic Corridor is seen as an alternative to China’s Belt and Road Initiative.

US-China relations

White House deflects as Trump weighs Taiwan arms sale delay amid Beijing pressure

New weapons package said to be in jeopardy ahead of Trump-Xi summit, raising concerns over Beijing’s leverage and US policy on Taiwan.

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Taiwanese soldiers launch a US-made tube-launched, optically tracked, wire-guided (TOW)-2A missile from a M1167 TOW carrier vehicle at the Fangshan training grounds in Pingtung on August 26, 2024. Photo: Reuters
China-Latin America relations

Chinese steel hit with duties up to US$670 per tonne after Brazil dumping probe

Government anti-dumping investigation found Chinese imports were being sold at unfairly low prices, harming domestic producers.

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A worker stacks steel products meant for the export market at a factory in Binzhou, Shandong province, China, on April 15, 2025. Following two investigations, Brazil has imposed anti-dumping duties on a broad range of Chinese steel products. Photo: AFP
US-China trade war

Has Trump ceded EV market to China with latest string of policy shifts?

Analysts say rolling back regulations pushes US further towards petrol cars, discourages EV innovation, and gives China competitive edge.

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India

India, France elevate defence ties in push for strategic autonomy

The deal reflects India’s shift from ‘transactional defence buying’ amid expanding security engagement with Europe, analysts say.

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