Xi-Trump Call Charts Path for Sino-US Cooperation
Xi and Trump held a 90-minute call on June 5, outlining a roadmap for stable China-US ties, trade negotiations, and student exchanges, sparking global optimism.
GlobalEconomy
Read More
Xi and Trump Reconnect: Charting a New Course for China-U.S. Trade Ties
Xi and Trump dialed in to reset China-U.S. relations, focusing on trade talks, economic data, and the path toward cooperation amid ongoing tensions.
US Doubles Steel & Aluminum Tariffs: Sectors Brace for Impact
The US will raise tariffs on steel and aluminum imports from 25% to 50% on June 4, 2025, challenging metal manufacturing, automotive and construction sectors worldwide.
OECD Chief Economist: Soaring US Tariffs Shake Global Economy
OECD economist Alvaro S. Pereira warns that US tariffs have reached their highest levels since 1936, fueling uncertainty and eroding global consumer and business confidence.
China and Japan Boost Ties: Premier Li Qiang Meets JAPIT Delegation
Chinese Premier Li Qiang met with a JAPIT delegation in Beijing to deepen economic cooperation, build trust, and support multilateralism.
U.S. Tariffs Threaten Energy Growth Amid Global Uncertainty
Wood Mackenzie warns U.S. tariffs could slow oil demand, spike energy costs and stall renewables, risking a 2.9% global GDP contraction by 2030.
Trump’s Trade Rhetoric Unravels U.S. Hegemonic Trade Logic
How Trump’s trade rhetoric shifted U.S.-China relations: tariff truce fallout, rare earth leverage, and hidden costs on consumers.
MOFCOM: US Undermines Geneva Trade Consensus with New Tech Curbs
China’s Ministry of Commerce says the U.S. has undermined the Geneva trade consensus with measures like AI chip export controls and visa revocations, escalating bilateral tensions.
Former NZ PM Shipley Sees Bright Future for China-New Zealand Trade
Former New Zealand PM Jenny Shipley reflects on the pioneering FTA with China and outlines a vision for deeper trade ties, from kiwifruit to digital innovation.
Trump Hikes Steel and Aluminum Tariffs After Market Highs
As the S&P 500 and NASDAQ closed their best month since 2023, Trump unveiled steeper steel and aluminum tariffs, stirring new debates on trade and global markets.