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News about international trade flows, statistics and policy decisions from the world’s most important trading economies and trade-related bodies, including the World Trade Organisation.
last updated:
9 September, 2024
Ringgit banknotes. Malaysian sovereign wealth fund Khazanah plans to focus more on the US, Europe and Japan, its managing director said. Photo: AFP
Malaysia

Malaysia makes a Trump pivot, seeing risks to its China investments

The managing director of Malaysia’s sovereign wealth fund says it could face challenges in China – but remains bullish on India’s prospects.

Japan

In Trump 2.0, Japan faces a familiar uncertainty

US-China relations

‘We’ll be surprised’ by US-China improvements, Harvard scholar argues in Davos

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United States

Opinion | On the Panama Canal, Donald Trump has much to learn from Jimmy Carter

Carter’s restrained statesmanship at the height of US dominance stands in contrast to Trump’s bellicose rhetoric as his country’s influence declines.

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A protest against Donald Trump at the Monument to the Martyrs of the 1964 demonstration against US sovereignty over the Panama Canal, is held in Panama City on December 31 as the country marks the 25th anniversary of the US handover of the canal. Photo: AFP
US-ally trade wars

Taiwan’s Compal, Inventec mull US expansion to counter Trump tariffs

Texas is seen as a top choice for the Taiwanese laptop because of the state’s power infrastructure and proximity to Mexico.

Donald Trump’s 2025 inauguration

Immigration crackdown, withdrawal from WHO and Paris Agreement among Trump’s first acts

A slew of executive orders, extending to climate, TikTok and the WHO are signed as US president moves swiftly on pledges.

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Donald Trump’s 2025 inauguration

Trump goes light on China on Day 1, except where Panama Canal is concerned

In his inaugural address, the US president also discusses tariffs generally but does not specifically target Beijing.

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A cargo ship and tugboat sail through the Cocoli Locks at the Panama Canal. US President Donald Trump pledged during his inaugural speech on Monday that the United States would be “taking back” the canal. Photo: AFP
Banking & finance

Hong Kong to join LME warehouse network to serve China’s metals appetite

‘Major milestone’ enhances Hong Kong’s role as a conduit to China, the world’s biggest consumer of metals.

China trade

Will Southeast Asia get behind Trump’s China trade war? It has 9 billion reasons not to

Both countries have said they will clamp down on US tariff bypasses, but Chinese investment into Southeast Asia - US$9 billion in 2023 - will complicate matters.

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South Korea

Seoul pledges US$247 billion to survive ‘uncertainty’ of Trump’s trade policies

Fearing potential trade disruptions from US policies under President Trump, Seoul is trying to mitigate the effect on key sectors like semiconductors and batteries.

Photo: TNS
Australia

Australia’s US$1.2 billion plan to make aluminium ‘green’

PM Anthony Albanese said the move aims to position Australia as a leader in ‘green metals’ and capitalise on the growing global demand for sustainable materials.

Molten iron is poured by a factory worker in Geelong, Australia. Photo: EPA-EFE/FIle
Thailand

Sweet surrender? The Thai sugar farmers being pushed to the brink

Farmers say they feel besieged as global price collapse, Chinese ban on syrup imports and government’s fight against air pollution add to dilemmas.

China-India relations

Closer India-China ties: an unintended consequence of Trump’s tariffs threats?

A shared economic adversary could drive the two Asian giants to strengthen their Brics ties, but the way forward is far from clear.

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Indonesia

In the shadow of US tariffs, Indonesia seeks a Chinese solar boom

With billions of dollars in Chinese pledges and regulatory reforms, Jakarta is betting big on solar – with a weather eye on US trade policy.

A worker cleans solar panels installed on the roof of a traditional market in Klaten, Central Java, Indonesia, last year. Photo: AFP
Malaysia

Trump’s tariffs threaten Malaysia’s chip sector, may stoke inflation: minister

Trade Minister Zafrul Aziz fears Trump’s policies could particularly hit Malaysia’s growing electronic chips market.

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An electronics manufacturing hub in Kuching, Malaysia’s Sarawak state. Photo: Shutterstock
Thailand

Asian Angle | How Thailand can tackle influx of Chinese imports beyond tariffs and bans

Thailand can clamp down on illegal imports, boost product quality inspections and encourage firms to adjust their business models.

Donald Trump

Canada vows ‘Trump tax’ on US in hard-hitting response to tariffs

Foreign Minister Joly says the country is ready to apply ‘maximum pressure’ in what would be the biggest trade war with the US in decades.

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Russia

Russia, Iran to boost military and trade ties in ‘real breakthrough’ pact

Both countries signed a broad cooperation pact in the face of stinging Western sanctions.

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Russian President Vladimir Putin (left) and Iranian President Masoud Pezeshkian as they attend a signing ceremony at the Kremlin. Photo: AP
China manufacturing

China rebuffs US criticism of its world-leading shipbuilders

Ministry of Commerce urges Washington to ‘stop blaming China for US domestic industrial-development problems’.

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US-China relations

Trump’s return could mark start of new race with China over drones for military

The US is lagging behind its main rival when it comes to dual-use drones that play a key role in many aspects of modern warfare.

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Xinjiang

China hits back at US curbs with multifront probes into American firms

Parent company of Calvin Klein and Tommy Hilfiger; chemical-compound exporters; and US chip companies are on radar of China’s commerce authorities and subject to possible retaliation.

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An employee works at a factory in China’s Xinjiang Uygur autonomous region. Xinjiang cotton has been in the global spotlight since 2020. Photo: Getty Images
China-EU relations

For Europe, China looms as 2025 economic threat, analysts say

China seen posing ‘longer competitive challenge and a sort of strategic challenge’ in important industries, and this could reinforce the EU as a US ally.

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China’s industrial overcapacity could pose an economic challenge for the European Union this year. Photo: Shutterstock
China manufacturing

US seeks to target China’s shipbuilders. Why are they ‘not overly concerned’?

Washington has been looking into the world-leading dominance among Chinese shipping yards, but ‘we’re not overly concerned’, one executive says.

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Ukraine war

US sanctions Chinese firms supporting Russia’s war in Ukraine

The move puts additional pressure on Moscow days before Biden steps down and Trump takes over.

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South China Sea

China and Vietnam reaffirm political ties in top-level call

Xi Jinping underlines commitment to the ‘socialist cause’ in conversation with To Lam.

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To Lam (right), the head of Vietnam’s Communist Party, made China his first port of call. Photo: EPA-EFE
United States

Biden’s semiconductor law will boost US chip production at high cost: report

Subsidies behind the expected chipmaking boom mean that each job created will cost taxpayers about US$185,000 a year.

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US President Joe Biden announces a preliminary agreement with Intel for a major Chips and Science Act award in Arizona in 2024. Photo: Reuters
India

India launches submarine, warships to guard against China in Indian Ocean

95 per cent of India’s trade moves in the Indian Ocean, amid a strong Chinese presence.

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United States

Opinion | Trump’s plans could trigger liquidity crises across Europe and Asia

Inflationary pressure and a growing deficit would turn the US into a liquidity-sucking force.

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