Turkey is ramping up efforts to strike a rare earths supply deal with the US, following sluggish talks with China and Russia. As global supply chain uncertainties mount, Turkey is determined to secure these critical minerals, Bloomberg reports
Browsing: global trade
Canada continues to shine as a global trade powerhouse, exporting prized commodities like oil and timber while importing crucial machinery and vehicles. Its robust trade ties with the U.S., China, and Mexico highlight Canada’s key role in connecting North America with the wider world
Germany soared during the first China Shock, leveraging its powerful manufacturing and export strengths to new heights. However, experts warn that the next wave of economic shifts driven by China’s rise could pose serious challenges to its industrial backbone
Brazil continues to dazzle as a global trade powerhouse, exporting massive amounts of soybeans, iron ore, and crude oil. Its robust partnerships with China, the United States, and Argentina highlight its crucial role in connecting continents and driving international commerce
China has officially launched an investigation into Mexico’s tariffs on imports from Asia, sparking concerns over rising trade barriers and unfair practices. This bold move aims to address escalating tensions in their bilateral trade relationship directly
India’s trade scene is a dynamic tapestry, exporting a dazzling array of goods from petroleum products to colorful textiles. Meanwhile, it brings in essential items like crude oil and state-of-the-art electronics. Partnering with global giants such as the US, China, and UAE, India’s international ties are expanding at an exciting pace, reports The Observatory of Economic Complexity
EU firms are gearing up for fresh shutdowns as China tightens its grip on rare earth exports, despite recent summit promises, Reuters reveals. These new restrictions could disrupt vital supply chains and send shockwaves through the industry
Japan’s Prime Minister Shigeru Ishiba has just announced his resignation, following a historic breakthrough in securing a landmark U.S. tariff agreement. This bold move marks a dramatic shift in Japan’s economic leadership, NBC News reports
China’s export growth in August hit its slowest pace in six months, falling short of analyst predictions. This decline highlights ongoing struggles with global demand amid economic uncertainties, intensifying pressure on the world’s second-largest economy
India unveils an ambitious $1 trillion vision to transform into a global maritime powerhouse, revolutionizing port infrastructure, shipbuilding, and naval strength to dramatically boost trade and security, reports Yahoo Finance
The Guardian explores how Donald Trump’s tariff war dramatically transformed global trade, unexpectedly amplifying China’s power while severely straining US-India relations. This editorial unravels the complex and far-reaching impacts on the geopolitical landscape
India is optimistic about securing Germany’s backing to accelerate trade negotiations with the EU, striving to strengthen economic ties and boost bilateral cooperation, reports the Hindustan Times
China’s manufacturing landscape is undergoing a dynamic transformation, moving beyond low-cost production to embrace cutting-edge innovation. The new “Made in China” era champions quality, advanced technology, and sustainability, reshaping the global supply chain like never before
Steep US tariffs on Indian goods are set to take effect this Wednesday, zeroing in on key exports and ramping up trade tensions. Sources speaking to Reuters reveal that industries like steel, aluminum, and textiles are bracing for a significant impact
U.S. tariffs have triggered significant earnings downgrades across Asia, with India feeling the biggest impact, a recent report reveals. This shift highlights rising trade tensions that are reshaping regional markets
A looming 50% US tariff on vital Indian goods threatens to derail India-US trade talks, casting a shadow over efforts to strengthen their economic partnership, NDTV reports
Trump ramps up trade tensions with Canada following their recent stance on Palestine, Reuters reports. This move marks a new and challenging chapter in U.S.-Canada relations amid the evolving Middle East diplomatic crisis
A Colorado manufacturer, proudly crafting products right here on American soil, is facing a tough battle against soaring costs fueled by tariffs on imported materials. Despite their goods being made in the USA, changing trade policies are tightening the squeeze on their pricing and testing their competitive edge in the market
India voices strong concern as the US imposes a hefty 25% tariff on crucial exports, sparking fierce criticism of Trump’s trade policies. This bold action threatens to strain bilateral ties and disrupt economic cooperation, intensifying urgent demands for meaningful dialogue
India and the UK have sealed a groundbreaking trade deal set to turbocharge economic ties, slash tariffs, and boost collaboration across key sectors. This landmark agreement marks a bold step forward in elevating their bilateral partnership to new heights