GlobalTrade - My Global News: Voices of a New Era

Trump Announces New Tariffs, Shaking Up Global Trade

My NewsAugust 1, 202502 mins

President Trump’s executive order introduces 10-41% tariffs on major U.S. partners starting August 7, reshaping global trade. Deals with the Chinese mainland and Mexico are pending.

Taiwan Region’s Paradoxical Tariff Trap: Double Hit Explained

My NewsAugust 1, 202502 mins

The US’s 20% reciprocal tariffs on the Taiwan region combine with a 12% surge in the New Taiwan dollar, creating a “double hit” that raises the real cost well beyond the nominal rate.

Zhao Leji Calls for Deeper China-Switzerland Innovation Partnership

My NewsAugust 1, 202502 mins

Zhao Leji urges a higher-level China-Switzerland innovative strategic partnership, highlighting 75 years of equality, innovation and win-win cooperation.

Global Trade Tactics Diverge: China’s Africa Boost vs. U.S. Restrictions

My NewsJuly 30, 202504 mins

Two major economies have taken opposite approaches: the Chinese mainland’s tariff cuts for African exports vs. U.S. trade controls on low-income partners. What does this mean for global growth and poverty reduction?

Chinese Mainland and U.S. Extend Tariff Truce: What’s Next?

My NewsJuly 30, 202504 mins

In Stockholm, the Chinese mainland and U.S. have agreed to a 90-day tariff pause extension, stabilizing ties and paving the way for a fall summit. Experts weigh the path ahead.

U.S.-China Stockholm Talks ‘More Engaged,’ Says Bessent

My NewsJuly 30, 202502 mins

U.S. Treasury Secretary Scott Bessent calls Stockholm’s two-day China-U.S. economic and trade talks “more engaged,” building on earlier meetings in Geneva and London.

China Calls Stockholm Trade Talks With U.S. “Constructive”

My NewsJuly 29, 202502 mins

Vice Commerce Minister Li Chenggang praised recent in-depth, candid Stockholm talks with the U.S. as constructive, paving the way for smoother global cooperation.

China and U.S. Extend Suspension of Reciprocal Tariffs

My NewsJuly 29, 202502 mins

China and the U.S. agreed to extend the suspension of 24% reciprocal tariffs after trade talks in Stockholm, aiming to boost stability for global businesses and supply chains.