U.S. economic and trade talks have helped ease trade tensions between the world’s two largest economies. Tariffs have been reduced significantly, lifting the pessimistic mood. However, a sustainable ...

The deal will spell the end of WTO’s system of setting tariffs by consensus, which has been in operation since the inception of the world body in 1995. It will usher in a new era in which Washington ...

U.S. President Donald Trump’s unwarranted global tariff war, which began on April 2, 2025, with steep 145 percent tariffs on China, alerted economists to unforeseen global consequences. As China’s ...

China’s new export licensing system strengthens its control over key rare earth elements, deepening supply chain risks. Although new processing facilities are emerging abroad, they won’t soon offset ...