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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.
Soybeans are loaded into a truck in August so they can be hauled to an elevator in the US state of Illinois. Photo: TNS
China trade

China’s food-security push to slash soy imports by two-thirds: Goldman Sachs

Beijing is lowering feed content and making related advancements that analysts say could reduce China’s foreign-soybean dependence dramatically within a decade.

China-India relations

Trump, Modi have ‘warm’ phone call – but 2025 unlikely to end with a trade deal

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China-Latin America relations

Mexico slaps tariffs of up to 50% on Chinese goods as US trade pact review looms

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China-EU relations

Brussels ramps up China de-risking while France and Germany pull further apart

Raids, probes and new screening rules collide with widening splits between Paris and Berlin over how tough to be on Beijing.

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Chinese Foreign Minister Wang Yi (right) meets with his German counterpart, Johann Wadephul, in Beijing on Monday. Photo: DPA
China-Japan relations

Donald Trump left facing ‘dilemma’ as China-Japan spat worsens: analyst

White House navigates backing long-time ally Japan while preserving trade truce with China amid fraying ties between the Asian neighbours.

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US-China trade war

‘Maximum pressure’: why China is taking Mexico’s tariff move ‘very seriously’

Beijing sees Mexico’s move as driven by a wider US pressure campaign – and could take retaliatory measures, analysts say.

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Hong Kong economy

More Hong Kong firms upbeat on economic outlook as Trump tariff worries ease

Positive sentiment marks a sharp rebound from last year, when fewer than one in five companies in an annual survey expressed optimism.

Hong Kong recently revised its economic growth forecast upwards. Photo: Elson Li
Diplomacy

Opinion | Behind Russia’s show of strength in India lies a fragile partnership

Despite Russia’s display of defiance and India’s quest for autonomy, US policy shifts are pushing both into uncharted geopolitical territory.

United States

Trump’s tariffs cost US households US$1,200, Democrats claim

Democrats argue tariffs hurt consumers and raise living costs, while Trump defends them as protective.

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India

Rupee slump ‘a little relief’ for Indian exporters amid US trade talks

The lower rupee is helping Indian industries that have been absorbing tariff losses in the hopes of a US-India trade deal, analysts say.

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A roadside vendor counts Indian rupee notes in Mumbai on November 28. Photo: AFP
China manufacturing

China’s biotech firms may see ‘major breakthroughs’ within a decade. Here’s why

Strong manufacturing base a driving force behind overseas expansion, but industry leaders and analysts say hurdles remain.

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Chinese biotech firms set to crack the global market within a decade, according to industry experts. Photo: Getty Images
China-Africa relations

First China ore shipment rewards Guinea leader’s push for Simandou alliance

Mining minister says China and Rio Tinto were pressed to work on shared infrastructure because ‘we do not want railways running everywhere’.

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US-China trade war

US seeks ‘constructive’ reset with China as trade tensions ease: Greer

Trade envoy says Washington aims to steady ties after a bruising tariff year, even as disputes over minerals and AI chips persist.

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China-EU relations

Temu’s EU headquarters raided over Chinese subsidy concerns

The raid comes amid increasing concern within the European Union over cheap imports from China.

European retailers say a customs waiver on low-value parcels gives platforms like Temu an unfair advantage. Photo illustration: Reuters
Americas and the Caribbean

Mexico lawmakers approve tariff increase on Chinese and other Asian imports

The move, which still requires Senate approval, would affect goods like cars, clothes and steel from China, India, South Korea and elsewhere.

Employees work at a steel bar factory in Santa Catarina, Nuevo Leon state, Mexico, in November. Photo: AFP
US-China relations

China heads into 2026 with economic strains, uneasy US rivalry: Asia Society

Report says Beijing must juggle control and growth as debt, demographics and US tech tensions shape the year ahead.

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China-Latin America relations

China pledges aid to Latin America, Caribbean with no ‘political conditions’

Third strategy paper of its kind released as Beijing seeks to expand its influence in a region Washington actively courts.

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US-China relations

China closes capacity and influence gap with US in Asia, power index finds

Think tank says China may weather geopolitical environment but neighbours are ‘anxious about rising tensions and protectionism’.

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Presidents Xi Jinping and Donald Trump ahead of their meeting in Busan, South Korea, on October 30. Photo: AP
India

India-EU trade pact nears finish line despite carbon tax dispute and Russia

Brussels is looking past India’s ties with Moscow to secure a vital economic win, with analysts predicting a deal within months.

Donald Trump

Trump defends economic record at rally, vows to make US ‘affordable again’

Trump holds a rambling campaign-style rally in Pennsylvania as his administration grapples with voter anxiety about the economy.

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Indonesia

US says Indonesia backtracking on trade pledges as deal risks falling flat

US official Jamieson Greer will hold talks with Indonesian minister Airlangga Hartarto to salvage the pact signed in July.

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US President Donald Trump (right) with his Indonesian counterpart Prabowo Subianto in Egypt in October. Photo: Reuters
China-EU relations

As I see it | How Nexperia became a casualty of the US-China trade war

Unless the two superpowers reach a long-term solution to trade tensions, smaller companies and economies will get caught in the crossfire.

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Dutch economy minister Vincent Karremans arrives for a cabinet meeting in The Hague, Netherlands, on November 7. Photo: EPA
US-China trade war

US-China tech thaw? Trump clears Nvidia H200 exports – why it matters

It’s a ‘sliding scale’ strategy, analysts say of Trump’s U-turn – preserve American market share while dampening Beijing’s self-reliance push.

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China-Japan relations

‘We’ve been careful’: Japanese firms in China stay calm amid political storm

Japanese businesses in China are under pressure amid a diplomatic row over Taiwan, but they have dealt with political tensions for years.

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US-China trade war

‘A slap in the face’: some US farmers unhappy with Trump’s US$12 billion bailout

US soybean growers, who were hit hardest by tariff disputes, have voiced frustration that overdue funding falls well short of what they need.

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A soybean farmer inspects his harvest at his family’s farm in Maryland in October. US farmers fear that the government’s new US$12 billion farm aid package will not provide enough funding. Photo: AFP
US-China relations

US Congress unveils bill with curbs on China tech investment and biotech ties

NDAA package revives stalled measures on US outbound investment and biotech, signalling Capitol Hill’s hardened stance towards Beijing.

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Lawmakers in both the US House of Representatives and Senate have two weeks left before they go out of session until January. Photo: Reuters
China-EU relations

China leans on German carmakers to help break Brussels tariff deadlock

Commerce vice-minister urges German industry leaders to leverage their clout to push the European Commission towards a compromise on the anti-subsidy probe.

China-EU relations

Opinion | In reaching out to China, European states can’t keep acting alone

The idea of an autonomous bloc engaging Beijing from a position of strength and independence collapses when its toothless leaders visit.

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