Maersk CEO Vincent Clerc Discusses Impact of US Tariffs on Global Shipping
Vincent Clerc, CEO of Maersk, shares insights on how US tariffs impact global shipping, the resilience of supply chains, and the future of international trade.
Global Trade
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China and EU to Strengthen Ties and Safeguard Global Trade
China is set to collaborate with the EU to enhance dialogue and safeguard global trade through the WTO, marking 50 years of diplomatic relations.
ECB cuts interest rates by 0.25% amid global trade tensions
The European Central Bank has cut interest rates by 0.25 percentage points to address slowing growth and rising trade tensions affecting the eurozone economy.
US Unilateral Tariffs Spark Global Concern over WTO Violations
The US is imposing unilateral tariffs that violate WTO rules, causing global concern over trade and economic growth.
Global Trade Outlook Dims Amid Rising Tensions
Rising trade tensions are darkening global economic forecasts. The WTO and UNCTAD warn of declining trade growth and heightened policy uncertainty impacting economies worldwide.
China Accuses U.S. of ‘Weaponizing Tariffs’ to Irrational Levels
China’s Ministry of Commerce accuses the U.S. of ‘weaponizing tariffs to irrational levels,’ pledging to take countermeasures if necessary.
China Unveils $14 Trillion Plan to Invest in People and Boost Economy
Chinese experts propose investing $14 trillion in education, healthcare, and urbanization to boost domestic consumption, with plans to transform Hainan into a global trade hub.
America’s Hidden Trade Surplus: The Untold Story of Services
While America’s trade deficits in goods make headlines, its significant trade surplus in services often goes unnoticed. Discover how services like education and tech are boosting the US economy.
De-Americanization: A New Global Trade Order Emerging?
Countries are rethinking trade partnerships amid US policies, leading to discussions on ‘de-Americanization’ and a new global trade order.
China’s Exports Surge 6.9% in Q1 2025, Signaling Trade Rebound
China’s foreign trade shows signs of stabilization in Q1 2025, with exports rising 6.9% amid global economic challenges. Advanced manufacturing and green tech sectors lead the growth.