International Trade

The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war.

Two of the world’s most-sheltered economies, Argentina and Brazil, are now aligned to overhaul the main South American trade bloc, potentially unleashing years of pent-up demand but risking a political backlash in the process.

Investors in European carmakers are once again facing months of share volatility after the U.S. circulated a draft report on tariffs and European Commission President Jean-Claude Juncker signaled a cease-fire in the looming trade war may soon come to an end.

U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He have resumed talks on trade, and a potential Washington visit by Liu is being considered before the nations’ top leaders meet later this month.