Reuters | June 06, 2025 | International Trade
German exports and industrial output fell more than expected in April as demand from the United States decreased following months of strong purchases in
By Lucia Mutikani | June 06, 2025 | International Trade
U.S. job growth likely slowed considerably in May as businesses struggled with headwinds from tariff uncertainty, but probably not enough for a cautious Federal
U.S. President Donald Trump and Chinese leader Xi Jinping confronted weeks of brewing trade tensions and a battle over critical
Reuters | June 05, 2025 | International Trade
Indian and U.S. officials are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month.
In a hulking grey building just east of Tiananmen square in Beijing, a small team in China's Ministry of Commerce is deciding the fate of the global auto industry, one rare earth magnet export permit at a time.
The U.S. trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth this quarter.
Reuters | June 05, 2025 | International Trade | Commodity
Premiums for consumers buying aluminium on the physical market in the United States hit a record 60 cents a lb or $1,323 a metric ton on Thursday after U.S. President Donald Trump imposed higher tariffs on U.S. imports of the metal.
Australia offers a secure alternative supply for critical minerals vital to industry, its trade minister Don Farrell said on Thursday, in the face of rising concerns about Beijing's dominance of the sector.
The European Union has changed its team locked in trade talks with the Trump administration, bringing in a close aide to European Commission President Ursula von der Leyen to deal more swiftly with political questions arising from the technical negotiations, three sources familiar with the talks said.
The European Union could approve its planned trade deal with South American bloc Mercosur before summer, but it has not yet fixed a date to do so, EU agriculture commissioner Christophe Hansen told Reuters on Thursday.
Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by President Donald Trump sucked out demand for Canadian goods from the United States.
Reuters | June 05, 2025 | International Trade | Maritime | Breakbulk News
Mercedes-Benz has proposed a deal under which U.S. cars could be imported into Europe duty free in exchange for tariff waivers on the same number of vehicles that EU automakers export to the U.S., the company's CEO said in a German magazine interview.
Kimberly-Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at about $3.4 billion, the Kleenex tissue maker said.
Reuters | June 04, 2025 | International Trade | Commodity
The United States and the United Arab Emirates have agreed to start negotiations for a potential bilateral trade agreement that could ease tariffs on the Gulf state's steel and aluminium industry, according to four people familiar with the matter.
President Donald Trump is set to use emergency powers and slash legal requirements - including some congressional funding approvals - relating to a law aimed at lifting U.S. production of critical minerals and weapons, according to a document seen by Reuters.
Reuters | June 04, 2025 | International Trade
U.S. federal prosecutors have accused two Chinese nationals of smuggling a dangerous biological pathogen that had the potential to be used as an agricultural terrorism weapon into the United States for research.
Some European auto parts plants have suspended output and German carmaker BMW warned its supplier network was affected by shortages of rare earths, as concerns about the damage from China's restrictions on critical mineral exports deepen.
President Donald Trump's administration is renegotiating some of former President Joe Biden's grants to semiconductor firms that were "overly generous," U.S. Commerce Secretary Howard Lutnick said at a hearing on Wednesday.
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