World Leaders Focus on Strengthening Economic and Trade Ties After Trump’s Departure from ASEAN Summit

World Leaders Focus on Strengthening Economic and Trade Ties After Trump’s Departure from ASEAN Summit

As U.S. President Donald Trump and Secretary of State Marco Rubio departed early from the ASEAN Summit to continue their diplomatic tour in Japan, world leaders and senior officials remaining at the conference shifted focus toward advancing multilateral trade and economic cooperation. Representatives from China, Brazil, Canada, the European Council, and the 11-nation ASEAN bloc […]

Xi Jinping Urges BRICS to Stand United Against Protectionism

Xi Jinping Urges BRICS to Stand United Against Protectionism

At the virtual BRICS summit hosted by Brazil on September 8, 2025, China’s President Xi Jinping delivered a forceful message advocating for a robust multilateral trading system. He emphasized that unilateral trade wars and protectionist policies undermine the global economy particularly impacting developing nations and called for BRICS members to collaborate in resisting these trends. […]

China’s B&R: Effective Mechanism to Promote Yuan and Unlock New Markets

China’s B&R: Effective Mechanism to Promote Yuan and Unlock New Markets

China’s Belt and Road Initiative (BRI) is transforming the global economy. It’s not just about building infrastructure; it’s also enhancing the use of the Chinese yuan and creating new markets across Asia and beyond. China’s BRI: Promoting the yuan  China is pushing for the yuan’s use in international trade through various agreements and financial tools. […]

US-China Tariff Truce Holds, But Trump Retains Final Say

US-China Tariff Truce Holds, But Trump Retains Final Say

A fragile tariff truce between the United States and China continues to hold, offering a temporary reprieve in the ongoing trade tensions between the world’s two largest economies. However, the future of this détente remains uncertain, as U.S. officials have made it clear that President Donald Trump, a key architect of the initial trade war, […]

President Trump Expresses Optimism on China Trade Deal Ahead of August Deadline

President Trump Expresses Optimism on China Trade Deal Ahead of August Deadline

U.S. President Donald Trump has expressed confidence that a trade agreement with China could be finalized before the August 1 deadline, signaling a potential breakthrough in one of the world’s most closely watched economic negotiations. Speaking at a press briefing on Monday, the president emphasized that talks with Beijing remain active, with negotiators working around […]

China offers African Countries Zero Tariff Trade Deal

China offers African Countries Zero Tariff Trade Deal Report By Wanda Sigagayi

Africa and China are deepening their trade and investment partnership through the China-Africa Ten Partnership Initiative, launched by President Xi Jinping to promote cooperation in areas like trade, industrial development, green growth, and cultural exchanges. China, Africa’s largest trading partner for over a decade, has pledged zero tariffs on imports from 53 African countries to […]

Qatar and Boeing Sign Historic $200 Billion Jet Deal

In a landmark aviation and trade agreement, Qatar has signed a $200 billion deal with U.S. aerospace giant Boeing to purchase 160 new jets for Qatar Airways, making it the largest aircraft order in Boeing’s history. The deal was formally signed during U.S. President Donald Trump’s state visit to Doha, in a high-profile ceremony attended […]

China and U.S. Report 'Substantial Progress' in High-Level Trade Talks

China and U.S. Report ‘Substantial Progress’ in High-Level Trade Talks

Beijing and Washington agree to deepen economic cooperation after breakthrough discussions in Geneva GENEVA — In a promising development for global markets, China and the United States announced they had made “substantial progress” following high-level trade talks held this week in Geneva. The discussions, led by Chinese Vice Premier He Lifeng and U.S. Trade Representative […]

Bank of England Cuts Interest Rates by 25bps, Signals Further Easing Ahead

Bank of England Cuts Interest Rates by 25bps, Signals Further Easing Ahead

The Bank of England (BoE) lowered its benchmark interest rate by 25 basis points to 4.25% on Thursday, aligning with market expectations amid rising concerns over the economic impact of new U.S. tariffs. The move is the BoE’s first rate cut in over a year and signals the beginning of a potential easing cycle to […]

Trump Signals Tariffs on China Will Drop, But Not to Zero Amid Trade War Concerns

Trump Signals Tariffs on China Will Drop, But Not to Zero Amid Trade War Concerns

President Donald Trump stated during a White House news conference on Tuesday that tariffs on Chinese imports “will come down substantially, but it won’t be zero,” signaling a potential shift in trade policy amid ongoing economic and political pressure. Trump’s comments came hours after U.S. Treasury Secretary Scott Bessent called current tariff levels “unsustainable” and […]

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