global trade News

Global Trade Tensions Rise: APEC Leaders Voice Concern Over U.S. Tariffs and WTO Challenges

APEC leaders have issued a joint statement expressing concern over global trade disputes, especially U.S. tariffs, and stressed the importance of cooperation and the WTO. South Kor...

Significant Reduction in UK Trade Deficit: A Closer Look at the £6.6B Q1 Improvement

The UK's trade deficit has notably decreased to £6.6 billion in Q1, indicating a potential positive shift in the nation's economic dynamics and global trade standing.

BoE's Alan Taylor Warns: UK Far from Neutral Interest Rate Amid Economic Uncertainties

Bank of England's Alan Taylor discusses the UK's distance from a neutral interest rate and expresses concerns over weak business confidence and the unpredictable nature of global t...

India and EU Gear Up for Crucial 11th Round of FTA Talks, Eyeing Early Breakthrough

India and the EU are preparing for the 11th round of FTA negotiations, aiming for an early conclusion of the first phase. The talks, focusing on core trade issues, could enhance In...

BoE Cuts Interest Rates to 4.25% Amid Global Trade Uncertainties and Inflation Progress

The Bank of England has cut interest rates to 4.25% following a tight 5-4 vote, citing progress on disinflation but expressing caution over global trade uncertainties. The move ref...

Exclusive: Trump's Bold Move to Slash Drug Prices with New Tariffs and Boost U.S. Pharma Production

President Trump announces plans to impose tariffs on pharmaceuticals to boost U.S. production, potentially disrupting global trade and raising drug prices. An executive order to st...

ECB's Fabio Panetta Alerts: Rising Protectionism Risks Global Prosperity and Trade Openness

Fabio Panetta of the ECB warns that protectionist policies, especially those of the US, threaten global prosperity by undermining the benefits of open trade which has reduced inequ...

Warren Buffett Advocates for Global Trade Balance at Berkshire Hathaway Meeting

Warren Buffett emphasizes the importance of balanced global trade at Berkshire Hathaway's meeting, advocating for mutual benefits and cautioning against using trade as a weapon.

Warren Buffett Advocates for Global Trade Harmony at Berkshire Hathaway Meeting

Warren Buffett emphasizes the importance of global trade for prosperity at the Berkshire Hathaway meeting, while warning of its potential as a tool for conflict. Advocating for bal...

Warren Buffett Advocates for Global Trade Harmony at Berkshire Hathaway Meeting

Warren Buffett, at Berkshire Hathaway's annual meeting, emphasized the importance of global trade, advocating for balanced and mutually beneficial international commerce while warn...

India's Manufacturing Sector Hits 10-Month High as Export Orders Surge Amid Global Trade Shifts

India's manufacturing sector experienced its fastest growth in ten months in April 2024, driven by a significant upturn in export orders. The HSBC India Manufacturing PMI highlight...

Apple Shifts iPhone Production to India: A Strategic Move to Dodge Trump's Tariffs on Chinese Imports

Apple increases iPhone exports from India to the US to 97.6% in March 2025, aiming to avoid higher tariffs on Chinese imports. This strategic shift underscores Apple's confidence i...

Why India's RBI is Stockpiling Gold: A Strategic Move to Bolster the Economy Amid Global Uncertainty

The Reserve Bank of India (RBI) has been aggressively increasing its gold reserves, a strategic move to diversify forex holdings amid global economic volatility. India now ranks 7t...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the economy, highlighting the risk of Western bloc fragmentation and its profound long-term consequences o...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the economy, highlighting risks of Western bloc fragmentation and profound long-term consequences for glob...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs on Global Trade

ECB's Piero Cipollone discusses the significant economic impacts of Trump's tariffs, warning of fragmentation risks and profound long-term consequences for global growth and stabil...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the global economy, highlighting risks of Western bloc fragmentation and long-term consequences for growth...

Asia-Pacific Markets Show Mixed Responses as US-China Trade Talks Intensify

Asia-Pacific markets exhibited mixed trends as investors focused on US-China trade discussions. Key indices like Australia's S&P/ASX 200 and Japan's Nikkei 225 saw gains, while Hon...

US Stocks Rally Faces Critical Test with Apple, Microsoft Earnings Amid Global Trade Tensions

The US stock market's rebound faces a crucial test with upcoming earnings reports from major tech companies and global trade uncertainties. Investors are watching closely as the S&...

EY Forecasts India's Economy to Surge by 6.5% in FY26 Amid Global Challenges

India's economy is expected to grow by 6.5% in FY26, driven by lower crude oil prices and stable inflation, despite global trade tensions. EY recommends strategic policies and refo...

Indian Stock Markets Dip at Opening: Sensex Falls 200 Points, Nifty50 Below 24,300 Amid Global Trade Optimism

Indian stock markets opened lower with Sensex and Nifty50 dropping points amid global trade optimism. Experts see potential gains supported by buying interest and domestic factors,...

Treasury Secretary Scott Bessent Advocates for Global Economic Fairness Under 'America First'

US Treasury Secretary Scott Bessent emphasizes 'America First' policy's goal for fairness in global trade, advocating for collaboration and reform in international economic systems...

Volvo's Q1 Sales Dip 7%: Navigating Tariff Turbulence and Global Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff concerns, with auto sales dropping 9%. Despite this, the company secured a 10.9% operating margin, focusing ...

UK Economic Slowdown: Private Sector Activity Hits Record Low Amid Global Trade Fears

UK's private sector activity has entered contraction in April, with PMI figures hitting multi-month lows across manufacturing and services sectors, driven by global trade worries a...

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Tariff Uncertainties and Global Trade Shifts

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with a 9% drop in auto sales. Despite challenges, the company achieved a 10.9% operating marg...

Volvo's Q1 Sales Drop 7% as Tariff Uncertainties Shake Global Auto Market

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. Despite challenges, operating profit reached SEK 13.2 billion, s...

Volvo's Q1 2025 Sales Dip 7% Amid Global Tariff Uncertainties and Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff concerns, with auto sales dropping 9%. CEO Lundstedt discusses adapting to geopolitical changes to mitigate ...

India's Manufacturing Leap: How Trump's Tariffs Open a Golden Opportunity for Global Trade

The U.S. temporary pause on reciprocal tariffs presents India with a unique opportunity to enhance its manufacturing and export capabilities, especially in the electronics sector, ...

Volvo Reports a 7% Drop in Q1 Sales Amid Rising Tariff Uncertainties and Global Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. The company remains profitable, focusing on adapting to geopolit...

IMF Dramatically Lowers South Korea's 2025 Growth Forecast Amid Global Economic Uncertainties

The IMF has drastically lowered South Korea's 2025 growth forecast to 1.0%, the sharpest cut among major economies, citing global trade tensions and weak domestic demand. The globa...

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government anticipates economic stagnation in 2025, a historic first with no growth for three consecutive years, due to global trade uncertainties and tariffs.

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government predicts economic stagnation in 2025, a historic first of no growth for three consecutive years, due to global trade uncertainties and U.S. policies.