China’s economy expanded by 4.8% in the third quarter, its weakest pace in a year, as sluggish domestic demand left the country leaning heavily on exports to sustain growth. Analysts warn that this growing dependence on foreign markets amid a deepening trade dispute with the United States could threaten China’s economic stability in the medium …
The World Trade Organisation (WTO) has projected that countries will experience bleak trade growth in 2026 as the impact of the United States (US) President Donald Trump’s tariff kicks in. It gave the forecast on Tuesday, October 7, as it published its updated global trade outlook. While the WTO raised its forecast for trade volume …
China has accelerated purchases of Argentine soybeans, booking about 20 cargoes, or 1.3 million tons, since Buenos Aires scrapped export taxes earlier this week, traders said on Wednesday. The surge makes Argentine beans more competitive and continues to erode U.S. market share, already hit by tariffs from the ongoing U.S.-China trade war. Most of the …
By Esther Ososanya U.S. President Donald Trump has granted Mexico a crucial 90-day reprieve from sweeping new tariffs, offering a temporary lifeline for one of America’s biggest trading partners while ramping up pressure on other countries to strike last-minute deals ahead of a new trade deadline. The extension announced after a Thursday morning call between …
