US Consumer Sentiment Slumps Amid Inflation and Job Fears
US consumer sentiment plunged to 55.1 in September as inflation and job concerns mount, signaling tighter spending ahead.
GlobalEconomy
South Korea Pushes Ahead on $350B U.S. Tariff Deal
South Korea reaffirms commitment to finalizing a U.S. tariff deal tied to a $350B investment, as both sides work to resolve differences since July.
China Will Forgo New WTO SDT to Spur Fairer Global Trade
Chinese Premier Li Qiang said China will no longer seek new SDT in WTO talks, marking a shift toward greater responsibility and fairness in global trade.
Fed’s Sept Meeting Clouded by Politics: Rate Decision in Focus
The Fed’s September meeting is overshadowed by President Trump’s board maneuvers as the central bank weighs a pivotal interest rate decision with global consequences.
WTO Report: AI Could Boost Global Trade by 37% by 2040
WTO’s World Trade Report 2025 forecasts AI could drive a 34% to 37% rise in global trade and a 12% to 13% GDP boost by 2040, with digitally deliverable services leading the surge.
UN Welcomes High-Level Trade Dialogues Between Chinese Mainland and US
UN spokesperson welcomes high-level trade dialogues in Madrid between the Chinese mainland and the United States, underlining their role in global economic stability.
China Vows to Safeguard Rights and Interests in US Trade Talks
Vice Premier He Lifeng reaffirms China’s unwavering commitment to safeguard national interests and protect overseas Chinese-funded enterprises during US trade talks.
China and U.S. Hold Candid Talks on Trade and TikTok
China and the U.S. affirm the importance of a stable economic relationship and discuss TikTok, fairness, and tech export rules in candid Madrid talks.
Chinese Delegation Updates Media After US Trade Talks in Madrid
The Chinese delegation briefed media in Madrid after economic and trade talks with the US, outlining key outcomes and future steps for tech, green growth, and global markets.
Inside Day 2 of Chinese mainland–U.S. Trade Talks in Madrid
More than 50 officials from the Chinese mainland and the U.S. met in Madrid on day two of trade talks, covering tariffs, tech and supply chains in a neutral European setting.