The WTO report, released earlier this week, according to GTRI, pointed to a marked cooling in global merchandise trade after the tariff-driven surge earlier in the year.
South Korean shipping stocks fell on Tuesday as investors fretted over a prolonged global trade slowdown tied to U.S. tariff policies, while Hanmi Pharmaceutical rose after announcing a technology transfer deal with Gilead Sciences, the Pulse, the English service of Maeil Business Newspaper
Taiwan's export momentum is projected to decelerate in the latter half of 2025, following a strong performance earlier in the year, according to the Taiwan Ministry of Economic Affairs. The anticipated slowdown is largely attributed to upcoming U.S. tariff increases, as reported by Focus Tai
The Asia-Pacific Economic Cooperation (APEC) on Thursday, warned across its 21 member nations that the region would not witness much growth in trade this year owing to the US trade tariff drama, reports Reuters.
India’s overall exports, both merchandise and services combined, are estimated to be worth USD 59.43 billion in July 2023, exhibiting a degrowth of 5.06 per cent over July 2022, Ministry of Commerce and Industry said on Monday.