Maersk sees steep drop in US-China container volumes
Maersk reported a steep 30–40 per cent plunge in container volumes between the US and China in April due to…
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trade tensions
UK to seal 1st post-tariff war trade deal with US
The United States and Britain are set to unveil a limited trade agreement on Thursday that will reduce tariffs on…
World Bank: Global commodity prices to fall 17% by ’26
Global commodity prices are expected to fall by 17 per cent over the next two years, reaching their lowest levels…
German consumer sentiment continues recovery in April – GfK
German consumer sentiment improved further in April, with income expectations and willingness to buy both rising,…
Trump to announce tariffs on semiconductors next week
US President Donald Trump said on Sunday he would announce the tariff rate on imported semiconductors within the…
ECB’s Escriva warns of US tariffs’ toll on euro zone economies
The Bank of Spain will revise down its 2025 economic growth forecast due to the impact of new US tariffs, Governor…
EU readies countermeasures against US tariffs – Von der Leyen
European Commission President Ursula von der Leyen condemned US President Donald Trump’s universal tariffs as a…
China keeps lending rates steady amid trade tensions
China decided to maintain its key lending rates on Thursday, as it tries to balance supporting growth and…
Asian shares fall on Tuesday due to trade tensions
Asian shares declined on Tuesday due to concerns about trade tensions between the US and China, which dampened the…
EU vows firm response to Trump’s steel, aluminium tariffs
The European Union (EU) pledged to retaliate with "firm and proportionate countermeasures" following US President…