The illicit oil trade in Libya, fueled by heavily subsidized fuels being smuggled abroad, is sustaining the country’s rival political factions. The practice has created a steady revenue stream for armed groups,
Chinese shipments of Apple Inc.’s iPhones and other mobile devices to the United States plunged to their lowest levels since 2011 in April, Bloomberg reported on Tuesday, illustrating the severe disruption caused
More
Tensions between the United States and China are once again intensifying, just days after a temporary truce in their ongoing trade war was announced in Geneva. Despite agreeing to pause tariffs for
More
China will impose a steep 75 percent anti-dumping tariff on imports of polyformaldehyde copolymers from the United States, intensifying ongoing trade friction between the world’s two largest economies, the Ministry of Commerce
More
Delays in export approvals for Chinese rare earth materials have sparked growing concern among global manufacturers, as Beijing’s new licensing regime begins to strain international supply chains for industries ranging from electric
More
Moody’s Investors Service has downgraded the United States’ long-held triple-A credit rating, citing persistent concerns over the country’s growing debt burden and rising interest costs. The move marks the first time since
More
The global economy is projected to slow significantly in 2025, with growth expected to drop to just 2.3%, according to the United Nations Conference on Trade and Development (UNCTAD). In its newly
More
Container bookings from China to the United States have skyrocketed by nearly 300% after both countries agreed to a temporary 90-day pause on most tariffs, offering a much-needed boost to global shipping
More
Vietnam and other Southeast Asian nations are under increasing scrutiny as US-China trade tensions escalate, with Washington accusing the region of serving as a “backdoor” for Chinese goods seeking to evade US
More
The U.S. has escalated its efforts to curb China’s rapid progress in artificial intelligence, issuing a stark warning that using Huawei’s AI chips anywhere in the world could breach American export control
More
Chinese exporters and U.S.-based suppliers have welcomed a temporary easing of tariffs between Washington and Beijing, but many remain wary of the deal’s short-term nature and the ongoing instability in global trade
More