Chinese Mainland Condemns EU’s New Sanctions on Its Companies
The Chinese mainland condemns the EU’s 18th round of sanctions targeting its companies and financial institutions, warning of trade fallout and promising to defend its rights.
TradeTensions
Economist Exec Editor Warns US Tariffs Could Deal Blow to Global Economy
Charlotte Howard of The Economist warns that the US’s proposed 30% tariff on EU imports risks serious economic fallout if the EU retaliates, despite temporary inflation buffers.
Chinese Expert Rebuts Trump’s BRICS ‘Anti-American’ Claim
A Chinese expert at the Rio BRICS Summit says Trump’s ‘anti-American’ label is baseless, highlighting the bloc’s open, win-win agenda.
Campbell Warns Trump’s ‘Hard Bargain’ Has Strained Japan Ties
Former Deputy Secretary Kurt Campbell warns the Trump administration’s hard-bargain tactics are straining ties with Japan, leaving the ally in ‘the worst shape.’
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.
US Eases Export Curbs on China’s Chip Software and Ethane
The US lifts export curbs on China’s chip design software and ethane, signaling a trade de-escalation and restoring access for major tech and energy firms.
U.S. Ports Reel as Container Shipments Dip Amid Trade Tensions
Top U.S. ports report sharp container volume drops as tariffs on the Chinese mainland and trade uncertainty weigh on global supply chains.
Chinese Mainland Opposes EU Limits on Medical Device Procurement
The Chinese mainland’s Commerce Ministry slams the EU’s ban on Chinese firms in medical device tenders above €5M as protectionist, urging Brussels to reverse course as 50th anniversary nears.
Trump Leaves G7 Early Amid Israel-Iran Rift and Trade Tensions
At the G7 summit in Kananaskis, Trump left early over Israel-Iran tensions and trade splits emerged with allies over tariffs and de-escalation talks.
Lagarde: Tariff Threats Cloud Global Growth Prospects
ECB chief Christine Lagarde warns that looming tariff threats are stalling investments and clouding global growth expectations, fueling uncertainty worldwide.