International trade
On May 19, 2025, China and Germany are set to strengthen their comprehensive strategic partnership, with China's Minister of Foreign Affairs, Wang Yi, holding a telephone call with Germany's new Foreign Minister, W.W. Waldf{\"e}ller. This conversation aims to deepen mutually beneficial cooperation,
Protectionism
The announcement of a 90-day tariff truce between the U.S. and China in Geneva marked a pivotal moment in global economic diplomacy. The agreement, which halved punitive tariffs to 10 per cent and established a bilateral consultation mechanism, revealed a critical reality: China's strategic discipline and institutional
Protectionism
Last week's 90-day tariff truce between the U.S. and China, brokered in Geneva, marked a significant shift in global economic diplomacy. The agreement, which halved punitive tariffs to 10 per cent and established a bilateral consultation mechanism, revealed China's strategic discipline and institutional coherence. This
Tariffs
Canadian consumers will soon pay more for Chinese-made goods as the U.S. lifts its 145% tariff to 30% on imports from China, but a trade deal with the U.K. still leaves Canada out of the bargain. The Trump administration's climbdown from tariffs on dozens of trading
Tariffs
During the darkest days of the COVID-19 pandemic, Canadian Premier Doug Ford and Internal Trade Minister Chrystia Freeland forged a bipartisan bond. Now, they're working together to dismantle barriers to interprovincial trade, driven by a common cause: mitigating the effects of U.S. President Donald Trump's
International trade
As the spectre of protectionism casts its shadow over the world economy, leaders are preparing for the EU-UK summit next week. The BusinessEurope and CBI, representing over 25 million businesses across Europe, have come together to publicly outline the business priorities for a refreshed EU-UK strategic partnership. In a formal
Tariffs
India, under Prime Minister Narendra Modi, has taken a decisive stance in defending its economic sovereignty and fair trade practices, challenging the United States at the World Trade Organization (WTO) regarding the continuation of additional tariffs on Indian steel and aluminum exports. The move reflects India's growing assertiveness
Tariffs
As the 78th Cannes International Film Festival kicks off, United States President Donald Trump's proposal to impose a 100% tax on foreign-made films has sparked concerns about cultural protectionism. This move echoes an earlier executive order designating English as the country's sole official language, reflecting a
International trade
Ambassador Li Song, speaking at the 41st session of the Programme and Budget Committee of the UNIDO, highlighted the need for the international community to support multilateralism and strengthen solidarity and cooperation to promote a strong voice for common development. The international community is facing challenges from unilateralism, protectionism, and
International trade
The Asean-GCC-China Summit, scheduled for May 26-27 2025, marks a significant convergence of three major economies, representing over 2.5 billion people and controlling vital maritime choke points. This summit holds promise in institutionalizing a new form of multilateralism, rooted in necessity, and addressing the urgent need for stable trade
Tariffs
The BRICS countries held a special meeting to discuss global trade tensions caused by US tariff and customs duties, deemed a violation of WTO principles. China and BRICS members aim to counter the impact of US measures, support multilateral trade, and free trade. They urge restraint on trade restrictions, facilitating
International trade
Consul General Pan Qingjiang emphasized the importance of strengthening docking cooperation between Chinese and South African enterprises to further develop bilateral relations during a customer appreciation event in Johannesburg on May 9, 2025. The event, jointly organized by the China Commercial Bank and Standard Bank South Africa, brought together over
