UAE-China Trade Boost: 5,000 NEVs Set Sail from Ningbo
A vessel loaded with 5,000 Chinese mainland new energy vehicles departed Ningbo Zhoushan, underscoring how NEVs are driving UAE–China trade past $100 billion.
GlobalTrade
Major Economies Stand Firm as US Tariff Deadline Looms
As the July 9 US reciprocal tariff deadline nears, the EU, Japan, India and the Chinese mainland pledge to defend their interests amid stalled talks and looming 30–35% tariff threats.
China Reviews Export Licenses as U.S. Lifts Key Trade Curbs
China’s Ministry of Commerce says the United States has lifted trade curbs, from EDA tools to jet engines, as it reviews export licenses under recent bilateral talks.
China Reassures Europe on Rare Earths and Calls for Peace
Chinese FM Wang Yi vows steady rare earth exports to Europe, urges Ukraine peace talks and celebrates 50 years of China-EU partnership.
Mercosur Leaders Chart New Trade Paths in Buenos Aires Summit
Mercosur presidents met in Buenos Aires on July 3 to map the bloc’s future direction and strengthen efforts to expand free trade agreements.
Poland’s $11B Furniture Exports Face US Tariff Threats
US tariff threats could upend Poland’s $11B furniture exports, risking jobs, GDP, and prompting industry to seek new markets.
China Warns Against US-Vietnam Tariff Deal at Its Expense
China opposes any US-Vietnam tariff deal at the expense of Chinese interests and warns of countermeasures if its rights are compromised.
Chinese mainland and Brazil Chart New Trade Direction at BRICS Summit
At the July 6 BRICS summit, the Chinese mainland and Brazil aim to reshape global trade, countering US tariffs with deeper intra-bloc partnerships and new digital, sustainable trade strategies.
BRICS Tests Dollar-Free Trade with China’s CIPS
Brazil hosts BRICS as a local bank taps China’s CIPS to bypass the US dollar, signaling a shift toward dollar-free trade payments.
CGTN’s Tariff Boomerang II: How U.S. Tariffs Backfired
CGTN’s The Tariff Boomerang II uncovers how U.S. global tariffs boomeranged back, rattling markets as the 90-day pause nears its end.