News About World Trade
July 09, 2025
Australian PM Albanese to visit China this week

Beijing (AFP) July 8, 2025
Australian Prime Minister Anthony Albanese will begin a six-day visit to China on Saturday, as Canberra hailed a return to free-flowing trade after a tense tariff dispute came to an end last year. Beijing and Canberra have navigated turbulent ties in past years, butting heads on a range of issues spanning technology, trade and geopolitics, but they have turned a new leaf under Albanese. China lifted a ban on Australian rock lobster in December - the last barrier in a broader, multibillion-doll ... read more
EU to seek trade 'rebalancing' with China at Beijing summit
Strasbourg, France (AFP) July 8, 2025
The EU will seek to rebalance economic ties with China, demanding it eases market access for European firms and loosen export controls on rare earths at a summit this month, the bloc's chief said Tuesday. ... more
Markets rise as Trump sends tariff letters, delays deadline
Hong Kong (AFP) July 8, 2025
Stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains. ... more
BRICS nations to denounce Trump tariffs
Rio De Janeiro, Brazil (AFP) July 5, 2025
BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry Donald Trump's hardline trade policies, but are struggling to bridge divides over crises roiling the Middle East. ... more
China says EU 'mentality', not trade, needs to be rebalanced
Beijing (AFP) July 9, 2025
Beijing said on Wednesday that the European Union needed to rebalance its "mentality", not its economic ties with China, ahead of a summit between the two this month. ... more
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Markets mixed as Trump flags fresh tariffs, eyes on trade talks
Hong Kong (AFP) July 9, 2025
Stocks were mixed Wednesday as investors assessed Donald Trump's latest tariff threats, while keeping an eye on trade talks after the US president warned he would not again extend a deadline to reach deals. ... more
Trump says to set 50% copper tariff, no extension to August deadline
Washington (AFP) July 8, 2025
President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, while announcing plans for a 50 percent duty on copper imports. ... more
Stock markets struggle as Trump's tariff deadline looms
Hong Kong (AFP) July 7, 2025
Equities struggled Monday as countries fought to hammer out trade deals days before Donald Trump's tariff deadline, with the US president saying he would begin sending letters to some capitals outlining the rates he had decided upon. ... more
China says BRICS not seeking 'confrontation' after Trump tariff threat
Beijing (AFP) July 7, 2025
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after US President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. ... more
China says US lifted some export curbs, warns against 'blackmail'
Beijing (AFP) July 4, 2025
China said Friday that the United States has eased certain export restrictions in line with a "hard-won" framework reached at talks last month, warning against "blackmail and coercion" as the countries attempt to de-escalate a ruinous trade war. ... more
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US-Vietnam trade deal sows new China standoff
Hanoi (AFP) July 3, 2025
Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but has provoked new friction between Washington and Beijing. ... more
Asian markets mixed as trade deal cut-off looms
Hong Kong (AFP) July 2, 2025
Asian markets swung Wednesday amid trade war worries after Donald Trump said he would not push back next week's tariff deadline, with Tokyo taking a hit from threats to ramp up Japanese levies. ... more
Most Asian stocks rise as investors eye US trade talks
Hong Kong (AFP) June 30, 2025
Equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries' efforts to strike trade deals with the United States before a key deadline next week. ... more
China manufacturing shrinks in June despite trade war respite
Beijing (AFP) June 30, 2025
China's manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held. ... more
China's top diplomat visits Europe pitching closer ties in 'volatile' world
Beijing (AFP) June 30, 2025
China's top diplomat heads to Europe on Monday for a visit which Beijing said will highlight ties as an "anchor of stability" in a world in turmoil. ... more
China to keep anti-dumping steel duties on EU, UK, S. Korea and Indonesia

Beijing (AFP) June 30, 2025
China will maintain duties on certain steel products from the European Union, the United Kingdom, South Korea and Indonesia, its commerce ministry said Monday, as overcapacity concerns drive global trade turbulence. The duties on stainless steel billets and hot-rolled plates, first levied by Beijing in 2019, range from 20.2 percent for Indonesian imports to 43 percent for those from the EU. China's commerce ministry said that an internal investigation found the potential termination of the anti- ... read more
China's top diplomat to visit EU, Germany, France next week
Beijing (AFP) June 27, 2025
China's top diplomat Wang Yi will head to Europe next week for talks with counterparts from the European Union, Germany and France, Beijing said on Friday as it seeks to shore up fraught ties with the bloc. ... more

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Trump ends trade talks with Canada over tax on US tech firms
Washington (AFP) June 27, 2025
President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting US tech firms, adding that Ottawa will learn of their new tariff rate within a week. ... more
After NATO deal, how far will EU go for trade peace with Trump?
Brussels, Belgium (AFP) June 26, 2025
After satisfying Donald Trump's calls for Europe to ramp up defence spending in NATO, EU leaders in Brussels turned Thursday to the next big challenge ahead: how to seal a trade deal with the US leader. ... more
China confirms trade deal framework reached with United States
Beijing (AFP) June 27, 2025
China confirmed Friday details on the framework of a trade deal with the United States, saying Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls. ... more
Stocks mixed with eyes on Mideast, dollar hit by Trump Fed comment
Hong Kong (AFP) June 26, 2025
Stocks were mixed Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to succeed Federal Reserve boss Jerome Powell, fuelling rate cut bets. ... more
China's premier warns global trade tensions 'intensifying'
Tianjin, China (AFP) June 25, 2025
Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening ceremony of the World Economic Forum. ... more
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