China-U.S. Trade Tensions Affect Transactions at Major Trade Expos

During China's largest trade events, transactions between exporters and buyers from China and U.S. fell sharply, mainly due to trade tensions between the two economic powers. Continued trade conflicts have affected China-U.S. trades and...

Global Steel Demand Hiked, Yet Faced With Risks

The World Steel Association (Worldsteel) lift its forecasts on global steel demand growth for this year and next, but said that the escalating trade tensions were casting a shadow over the outlook for the...

China’s Good Harvest to Help Deal with the Risks

Chinese farmers are expecting another good harvest, the total output of grains is estimated to remain over 600 metric tons, making 2018 the sixth consecutive bumper year. This can help the country to enhance...

Australian Company Puts Off U.S. LNG Plant Start-up Amid Sino-US Trade War

Australian-listed LNG Ltd (LNGL) said Oct. 29 that it will delay to make a final decision on whether to build its U.S.-based Magnolia liquefied natural gas (LNG) export terminal, located in Louisiana until the...

U.S.-China Trade War Triggers a Shift in Seafood Supply Chain

A series of retaliatory tariffs between Beijing and Washington has led to global trade changes, incubating many new winners and losers in the sale of commodities such as soybean, pork and seafood. Also Read: Trump’s...

China’s Trade Volume Stays Stable Despite the US-China Trade Dispute

China has seen increase in its exports and imports in the first three quarters despite the ongoing trade spat with the US, according to customs data released on Oct. 12. Trade volume spiked by about...

Trade and Consumption to Be Boosted by Further Tariff Cuts

Chinese government’s decision on import tariff cuts taking effect next month is estimated to cut the country’s overall tariff from 9.8 percent to 7.5 percent, which, along with other policies will reduce tariffs by...

Canada Drops Hope for Quick Exemption from U.S. Metals Tariffs

Canada is less hopeful about an expectation that the Trump Administration will quickly remove tariffs that it imposed on exports of steel and aluminum products and is opposing a U.S. push to agree to...

Weak Demand and Trade Tensions Are Pressuring Global Car Sales

The global car sales have grown steadily since 2010, with an average annual growth of over 5%. According to forecasting company LMC Automotive, the global car sales is expected to reach 97 million vehicles...

Canada’s Soybean Farmers Have a Chance in China-US Trade War

The US-China trade war has been escalated this week by new tariffs slapped on each other, with Trump administration announcing hefty tariffs on $200bn in Chinese goods on September 17, and Beijing quickly responding...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...