Trade

Yellen says Chinese response possible on expected U.S. tariff action

The United States could see a significant response from China following any U.S. tariff actions, U.S. Treasury Secretary Janet Yellen…

The U.S. is now Germany’s biggest trading partner — taking over from China

After years of China being Germany’s main trading partner, the U.S. looks like it’s quietly taking that top spot as…

UK to suffer slowest growth of all rich nations next year, OECD says

The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next…

Qatar re-evaluates key mediator role in Middle East conflict on concerns of ‘political exploitation’

Qatar is reconsidering its role as cease-fire broker between Israel and Palestinian militant group Hamas, the Gulf state’s prime minister…

Biden’s China tariff threats are more bark than bite, economists say

The Biden administration this week sent several signals of a toughening U.S. economic strategy against China. On Wednesday, President Joe…

WTO forecasts rebound in global trade but keeps geopolitical risks in focus

The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further…

EU’s von der Leyen echoes Yellen’s calls for tough stance on Chinese overcapacity

European Commission chief Ursula von der Leyen on Tuesday said that Europe must talk tough with China on its perceived…

U.S. and China to hold talks on ‘balanced growth’ amid overcapacity concerns, Yellen says

U.S. Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to launch exchanges on “balanced” economic…

Free trade flaws fueled Trump’s rise in 2016 — and the problems remain, top economist says

Decades of trade deficits and a strong dollar created too many “losers” in the U.S. economy who turned to Donald…

New Zealand accuses China-backed hackers of cyberattacks on parliament

New Zealand has accused China of “malicious cyber activity” linked to Chinese state actors, who targeted its parliament in 2021.…