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Keywords: Global trade


Trump raises global tariffs to 15% after Supreme Court setback

U.S. President Donald Trump announced that he is increasing newly introduced global tariffs from 10% to 15%, with immediate effect, following a major ruling by the Supreme Court of the United States that curtailed parts of his trade policy. In a statement published on his social media platform, Trump......

DP World survey shows 94 percent expect trade growth in 2026

DP World on Monday released new regional findings from its Global Trade Observatory Annual Outlook Report 2026, indicating that 94 percent of supply chain leaders surveyed expect global trade growth in 2026 to match or exceed 2025 levels. The outlook remains positive even as companies contend with customs......

Draghi warns EU needs true federation or faces decline

Mario Draghi, former Italian prime minister, delivered a stark warning during a ceremony at KU Leuven University in Belgium, where he received an honorary doctorate. Europe risks becoming "subordinate, divided, and deindustrialized" unless it evolves from a loose confederation into a genuine......

UK and China forge major trade deals on Starmer's landmark Beijing visit

British Prime Minister Keir Starmer and Chinese President Xi Jinping announced significant trade agreements Thursday, marking the first visit by a UK leader to China in eight years. The deals, unveiled during an 80-minute meeting at Beijing's Great Hall of the People, include AstraZeneca's 15......

German chancellor Merz says weak dollar burdens exports

Chancellor Friedrich Merz expressed concern Wednesday over the weakening US dollar, calling it a "considerable additional burden for German exporting industry." He urged Washington to honor its trade commitments with the European Union. "We will have to assert ourselves globally against......

India and the European Union seal a landmark free trade agreement

India and the European Union have officially concluded a long-awaited free trade agreement, marking a major milestone after more than two decades of negotiations. The deal is expected to unlock significant economic opportunities for both sides at a time of global uncertainty and rising geopolitical tensions. Indian......

Global leaders clash over trade, tariffs and technology at Davos

World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......

US Treasury yields hit four-month highs amid Japanese bond rout

US Treasury yields surged to their highest levels in over four months on Tuesday, triggered by a dramatic sell-off in Japan's bond market that rippled through global financial markets. This spike unfolded against rising Japanese budget concerns and fresh US-Europe trade tensions. The benchmark 10-year......

EU approves landmark Mercosur trade deal despite farmer protests

EU member states greenlit on Friday the bloc's largest-ever free trade agreement with South America's Mercosur nations, capping over 25 years of talks and reshaping global trade dynamics despite fierce pushback from major agricultural producers. The 27 member states' ambassadors approved......

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