"Trade" tag
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US postpones tariff hike, sets new rates for some countries

US President Trump sent letters to several countries, including close allies Japan and South Korea, imposing tariffs starting August 1. Japanese PM Ishiba said he wanted to reach a deal which worked for both nations....

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Taiwan wants peace with China but needs tight defense — Lai

Taiwan’s president, Lai Ching-te, says his country wants dialogue with China but still needs to prepare for war. Lai, who is marking a year in power, rejects Beijing’s claim of sovereignty over the self-ruled island....

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UK, India cut tariffs on whisky, textile in landmark deal

A trade agreement between the UK and India is set to drastically reduce tariffs on British cars and whiskey exported to India, while British companies would pay less for Indian clothing and food products. The United...

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Can US agriculture withstand a trade war with China?

US soybean farmers are facing uncertainty as Donald Trump’s trade policies spark fears of market volatility. Can they navigate the risks of tariffs and lost exports? It’s a Friday morning in March, and we are driving...

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Germany: At Rio G20 summit, Olaf Scholz looking for trade allies

In these politically difficult times, Germany is looking for partners in South America willing to seal the EU-Mercosur trade agreement. Time is fleeting, however, and opposition is growing after 25 years of talks. When Olaf Scholz returns...

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Trump’s trade threats shake German auto giants

German carmakers are growing nervous about the US election after Donald Trump called for more production in the United States. With profits falling sharply, how can BMW, Audi, Volkswagen and Mercedes respond? Donald Trump’s US presidential...

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Dedollarization: How the West boosts China’s yuan

Western sanctions on Russia have spurred trade in China’s renminbi to new highs. The curbs are helping China to test the dollar’s status as the world’s reserve currency, sparking new tariff threats from Donald Trump....

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Global trade woes mount as shipping costs rise

The significance of the Red Sea shipping route for global trade is enormous. But for over six months now, Houthi militias from Yemen have been attacking ships in the region for their owners’ or operators’ ties to Israel....

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Decoding China: EU, China headed for challenging summit

With the EU-China summit coming up, Beijing and Brussels are looking for ways to cooperate despite their rivalry. Tensions ahead of the EU-China summit in Beijing next week are clearly visible just by looking at electric car...

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US, Taiwan eye closer trade ties amid China tensions

The US and Taiwan seem willing to set aside bilateral trade irritants and boost commercial ties as relations with China deteriorate. The United States announced on Wednesday that it will begin formal negotiations with Taiwan on...

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China’s export growth slows sharply

China’s zero-COVID policies are beginning to severely hit the country’s global export engine. Prolonged lockdowns led to particularly sluggish export growth in April, new figures show. China’s export growth fell sharply to 3.9% in April,...

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Climate Change and International Trade- A Causal Relationship

The importance that the Climate Change holds is undeniable and is rightly reflected in jurisdictions’ domestic and international policy priorities. On the other hand, International trade is another crucial policy area that allows countries to...