US trade deficit has widened to its largest in 18 months, highlighting some interesting trends in the American economy. The commerce department reported that the overall trade gap reached $74.6 billion in April.

Weaker global demand impacts US Export outlook

China is looking to negotiate with the European union regarding trade tariffs on EVs. This comes amid a booming Chinese EV industry, eager to capture a share of the lucrative European market. Analysts estimate a 10% tariff increase could cost Chinese exporters an additional $1 billion annually.

Chinese executives hope for deal as EU tariff hike looms

China's economic growth, a major driver of the global economy for decades, is facing new challenges. A rapidly ageing population and a slowdown in key sectors are raising concerns about the country's future economic trajectory. Take a look at this report for more.

US expected to surpass China in economic growth by 2031

The post-Brexit border checks are expected to cost taxpayers in the United Kingdom at least $6 billion after repeated delays in setting new rules, according to a report released by the parliament’s spending watchdog, on Monday (May 20).

Post-Brexit border arrangements expected to cost UK taxpayers $6 billion

Pakistan’s Foreign Minister Ishaq Dar has once again highlighted that the trade relationship between Islamabad and New Delhi has remained suspended since 2019 after India raised its import duties on Pakistani goods.

Pak minister says no plan to restore trade with India, suspended since 2019

China's commerce ministry on Sunday said that it had started an anti-dumping probe into the POM copolymers imported from the European Union, United States, Japan and Taiwan.

China launches anti-dumping probe on POM copolymers

The US has added 26 traders and warehouse facilities to the import ban list. These companies, America alleges, have links to Xinjiang's forced labour. Will putting a ban on them stop Xinjiang cotton from finding its way to the US?

Gravitas | America bans Chinese companies selling 'genocide' cotton from Xinjiang

The trade war between the US and China has had an unintended consequence: The rise of Vietnam. Since 2018, US imports from Vietnam have more than doubled, reaching $114 billion last year.

US imports from Vietnam double, trade surplus triples since 2018

The United States blocked imports from 26 Chinese cotton traders or warehouse facilities on Thursday as part of its effort to eliminate goods made with the forced labor of Uyghur minorities from the U.S. supply chain.

US bars imports from 26 Chinese textile firms over genocide in China's Xinjiang

China has vowed to take all necessary measures following reports that the United States is planning to raise tariffs on Chinese clean energy goods. This includes Chinese EVs, batteries and Solar Products.

US: Biden quadruples tariff on Chinese EV import

US Treasury secretary Janet Yellen warns of potential retaliation from china amid escalating trade tensions. The Biden administration is considering quadrupling tariffs on Chinese electric vehicles, batteries, and solar cells. Yellen emphasizes the need for targeted measures to protect US Investments in emerging sectors, citing concerns over china's unfair trade practices.

Yellen warns of potential Chinese retaliation amid US trade tariffs

China has vowed to take all necessary measures following reports that the United States is planning to raise tariffs on Chinese clean energy Goods. This includes Chinese EVs, batteries and Solar Products.

US hikes tariff on Chinese goods, sparks tension

Tensions are simmering between Beijing and Washington. The U.S. imposed restrictions on some Chinese companies. Approx 37 Chinese entities are added to a trade restriction list. Some are restricted over allegedly supporting the spy balloon that flew over the United States last year.

Chinese spy balloon: Chinese companies hit with US trade restrictions

Markets in the region opened mixed after a broad sell-off in the previous session. Traders will now watch trade data out of Japan and Singapore.

Cues to watch today: Japan's trade data

In China, exports contracted in March after growing in the first two months of the year. The contraction in March underscores the uneven nature of the country's recovery from the pandemic. Exports declined 7.5 per cent in March from a year earlier, while imports slipped 1.9 per cent.

China's trade falls in March as exports contract

The already strained ties between Israel and Turkey are worsening. Israel retaliated quickly to Turkey's move to limit exports to the country. Turkey's decision came after the country's plan to drop aid over the Gaza strip was opposed by Israel.

Turkey, Israel swap trade threats with Gaza tension rising

Turkey said it would impose trade restrictions on Israel starting Tuesday over the war in Gaza. Israel’s foreign minister answered with a threat to block the import of other Turkish products. Watch in for more details!

Turkey and Israel swap trade threats with Gaza tension rising

During her recent four-day visit to Guangzhou and Beijing, US Treasury Secretary Janet Yellen warned Chinese economic leaders regarding their overinvestment in factory capacity for clean energy goods, calling it unacceptable.

Yellen's China Visit: Clean Energy Trade Talks

Turkey, Israel swap trade threats on Gaza

Pakistan a nation that is currently dealing with the worst economic crisis in its history is now apparently mulling reviving trade ties with India. Pakistani Foreign Minister Ishaq Dar spoke about reviving trade ties with New Delhi while speaking at a press conference in London.

Pakistan to 'seriously' consider restoring trade ties with India: Foreign Minister Dar

Re-considering trade relations with India, which remains suspended after India revoked Jammu and Kashmir's autonomy in August 2019. The statement comes at a time when Pakistan is facing its worst economic crisis and is dependent on an international monetary fund bailout package. Let's look at why trade with India will be crucial for a struggling Pakistan.

Islamabad reconsidering trade ties with New Delhi: Report

A delegation from Pakistan's commerce ministry is scheduled to visit Afghanistan on Monday (Mar 25) to tackle bilateral trade-related issues. Pakistan's foreign ministry spokesperson Mumtaz Zahra Baloch confirmed that Secretary Commerce Khurrum Agha would lead the delegation on a two-day trip to Afghanistan starting March 25 to engage in discussions concerning trade matters.

Pakistan, Afghanistan set to discuss trade normalisation in Kabul talks

Pakistan 'seriously' considering reviving trade with India: FM Ishaq Dar

Pakistan's FM says govt to ‘seriously’ consider reviving trade with India

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