The Trump administration has launched "unfair trade practice" probes into 16 nations, including India and China, to reinstate tariff pressure. US Trade Representative Jamieson Greer stated the "investigations will focus on economies" with "structural excess capacity." Additional probes in
Amid escalating global tariff tensions, Germany's State Secretary for Environment Jochen Flasbarth on Wednesday said tariffs are poisoning the world economy, while asserting that free trade and sustainable economic development provide a key solution for climate action.
Japan issued a strong protest with China after Beijing added 20 Japanese defence-related entities to its export ban list for dual-use items, demanding the immediate withdrawal of the measures, a senior government official said, as reported by Kyodo News.
US President Donald Trump threatened tariffs on Canadian aircraft and goods, linking the move to Canada's ties with China and certification disputes. The warning followed Prime Minister Mark Carney's Beijing visit, escalating trade tensions between Washington and Ottawa.
US Treasury Secretary Scott Bessent accused Europe of indirectly funding Russia's war by importing fuel linked to Russian oil, even as it backs Ukraine. His remarks came as India and the EU finalised a major trade deal amid rising global trade tensions.
US Treasury Secretary Scott Bessent criticised Europe for prioritising a trade deal with India over Ukraine, accusing the EU of indirectly funding Russia's war through energy trade. He said the US has made bigger sacrifices and warned that Europe put commerce ahead of Ukrainian lives.
Risky assets are expected to outperform in 2026 as investors ride the artificial intelligence (AI) boom, supported by easing fiscal and monetary policies and abating trade tensions, highlighted a report by Standard Chartered Bank.
Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent, according to the World Economic Situation and Prospects 2026, released by the United Nations on Thursday.
Speaking on tariffs imposed by the US on India and US President Donald Trump's stance, former diplomat Ashok Sajjanhar said, "We have known for quite some time that we have been waiting for Trump to sign the final negotiated bilateral trade agreement that was submitted to him at the beginnin
Brazil is expected to see another record soybean harvest in the 2025-26 season, with production forecast to reach at least 175 million tonnes, up 2% year-over-year. This will reinforce Brazil's dominant position as the key supplier in the global soybean market.
China is increasingly turning to domestic consumption as a key stabilising force for growth amid persistent global trade tensions, according to a recent Barclays outlook report, which highlights policy recalibration towards internal demand as external headwinds intensify.
US Representative Sydney Kamlager-Dove warned that growing tariffs, visa hikes and political tensions are damaging India-US ties. She argued that President Donald Trump risks becoming "the president who lost India," citing stalled engagement, cancelled summits and declining trust between