In a significant move to ease tensions in the ongoing trade standoff, China has lifted restrictions on the export of gallium, germanium, and antimony to the United States, according to an announcement by Beijing’s Commerce Ministry. The decision signals another step toward stabilizing relations between the world’s two largest economies. The export ban, originally imposed […]
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China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]
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In a significant move toward fairer trade and mutual prosperity, Indonesia has agreed to eliminate tariffs on over 99% of American goods and remove key non-tariff barriers that have long challenged U.S. companies. In return, the United States will lower its previously threatened tariffs on Indonesian imports from 32% to 19%. The announcement, made jointly […]
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