French President Macron's push for G7 action on subsidized Chinese exports faces internal divisions and China's resistance, with leaders agreeing only to discuss the issue further at the G20. Divergent approaches between Europe and the US hinder coordinated policy.
An analysis claims the EU's economic decay over two decades has been three times faster than the late Qing dynasty, challenging Brussels' narrative of Chinese overcapacity. The EU's per capita manufacturing output is significantly higher than China's, suggesting structural dependence on foreign markets.
Donald Trump has threatened tariffs of 10-12.5% on 60 countries, including the UK, EU, and Australia, over alleged forced labor failures. The EU criticized the move as a breach of a July trade deal.
Donald Trump is threatening tariffs of 10-12.5% on 60 trading partners, including the UK, EU, and Australia, over alleged forced labor failures. The EU has pushed back, citing a July trade deal.
SCMP reports on EU's tougher China trade policy, Putin's visit to Beijing post-Trump, and China's military driving away a Dutch warship from the Paracel Islands, citing 'miscalculation'.
US Secretary of State Marco Rubio expressed optimism about a "beneficial" and "sustainable" trade agreement with India during his visit, noting significant progress. He also addressed concerns regarding US trade policy and India's visa issues.
Indonesia's new trade policy, aimed at curbing under-invoicing and transfer pricing, faces criticism from economists, farmers, and industry groups concerned about potential state monopolies and market access disruption.
A US federal trade court ruled against President Trump's 10% global tariffs, deeming them invalid and unauthorized by law. The court found the administration's justification under a 1974 trade law insufficient, a setback for a key trade policy. This decision offers stability to businesses reliant on global supply chains.
