Trade
Group of 21 economies — including U.S. and China — warns of growth slowdown over trade tensions
SEOUL, SOUTH KOREA – 2025/04/16: An APEC 2025 large-scale promotional video and a statue of King Sejong the Great are seen at Gwanghwamun Square in central Seoul. Sopa Images | Lightrocket | Getty Images An intergovernmental grouping of 21 economies including the United States and China warned Thursday that their collective growth risks a sharp […]
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Minerals for muscle? Why Trump’s Ukraine resources deal could be a sign of things to come
An employee works at a pink salt production site on Lake Sasyk-Sivash near Yevpatoria, on September 21, 2023. Stringer | Afp | Getty Images A landmark resources deal between the U.S. and Ukraine is expected to lay the ground for further so-called “minerals for muscle” agreements. Washington and Kyiv signed a highly anticipated minerals deal […]
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Embattled Burberry to cut 1,700 jobs amid turnaround
An Equestrian Knight Device logo on a flag outside the Burberry Group Plc luxury boutique in London, UK, on Tuesday, May 13, 2025. Bloomberg | Getty Images Burberry on Wednesday announced a slew of organizational changes, amid continued turnaround efforts at the embattled luxury house. The company said the measures could lead to a “reduction […]
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U.S.-China trade war pushed global supply chain near breaking point, new data shows
A general view shows container terminal in Hong Kong, China, April 23, 2025. Tyrone Siu | Reuters The trade truce reached between the U.S. and China arrived just as President Donald Trump’s tariffs took a big bite out of North American & Asian manufacturing, with a steep retreat in April purchasing activity after the rush […]
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Trump tariffs face major legal hurdle as federal trade court hears challenge
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images A little-known federal court is set to hear arguments Tuesday in a case challenging President Donald Trump’s tariffs, putting a key […]
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Shein and Temu find temporary reprieve as U.S. relaxes tariffs
U.S. President Donald Trump’s tariff pause gives Temu and Shein a temporary window of opportunity to restock U.S.-based warehouses and re-evaluate their supply chain management, experts and insiders say. On Monday, the U.S. and China agreed to lower tariffs on most Chinese imports to 30% for 90 days. The agreement included a so-called “de minimis” […]
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India’s inflation rate slows to 3.16% in April, marking six straight months of decline
Indian shopkeepers sell summer fruit watermelons at their roadside stalls in a market area in Siliguri, India on May 2, 2025. Watermelon is a very popular fruit during the summer season. Diptendu Dutta | Afp | Getty Images India’s headline inflation eased to 3.16% in April, the sixth consecutive month of decline. The reading was […]
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New Delhi remains focused on economy despite tensions with Pakistan: India ambassador to Singapore
Motorists drive past as clouds gather over city skyline in Mumbai on September 26, 2024. (Photo by Punit PARANJPE / AFP) (Photo by PUNIT PARANJPE/AFP via Getty Images) Punit Paranjpe | Afp | Getty Images India continues to focus on its growth despite the flare up in tensions with Pakistan, said Shilpak Ambule, the country’s […]
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Investment banks lift China growth outlook after surprise trade deal with U.S.
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country’s growth forecasts as well as stock market outlooks. On Monday, the U.S. and China […]
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Trump China trade deal: Tariff pause means new surge in freight shipments, and higher prices
Another surge in trade from China to the U.S. should be getting underway, according to retailers and logistics executives, as the initial trade deal struck by the U.S. and China leads importers to move forward with shipments during the 90-day pause on the steepest tariffs implemented by President Donald Trump. On Monday, the U.S. and […]
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