U.S. rethinks approach to China tariffs in wake of Taiwan response
The president's team has been wrestling for months with various ways to ease the costs of duties imposed on Chinese imports during predecessor Donald Trump's tenure.
Japan runs first current account deficit in five months
The world's third-largest economy ran a current account deficit of ¥132.4 billion ($980 million) in June, government data showed.
Exports in the January to June period totaled ¥652.5 billion ($4.9 billion), supported by robust shipments to the United States as well as a weaker yen.
As wheat prices soar, the world's consumers vote with their feet
As rising costs strain household budgets, protests have erupted across the world, with people taking to the streets from China and Malaysia to Italy, South Africa and Argentina.
World's food supply faces new threat from lack of rain in India
The threat to India’s rice production comes at a time when countries are grappling with soaring food costs and rampant inflation.
‘Smart’ decoupling of West and China is possible with right tools
Western governments including the U.S. are determined to deny Beijing access to technologies that can advance its military capabilities.
Obstacles to overcome before Ukraine grain deal eases global food crisis
Evading naval mines, securing insurance and finding enough seafarers are some of the challenges that must be faced before the grain can depart from its Black Sea ports.
Globalization is just getting started
Greater integration of the world’s financial and political interests has improved our lives and will inevitably continue despite current discourse to the contrary.
A world in crisis needs both trade and aid
Creating a more sustainable, inclusive and connected future is the moon shot of our times.
China's economic engine is about to start shrinking
The nation’s working-age population could decline by two-thirds or more by the end of the century, according to new U.N. projections.
Japan logs trade deficit for 11th month on high energy prices and weak yen
The trade deficit narrowed to ¥1.38 trillion ($10 billion) from ¥2.39 trillion in May, which was the most since January 2014.
U.S.-Japan economic 'two-plus-two' ministerial talks set for July 29
The launch of the framework was agreed upon by U.S. President Joe Biden and Prime Minister Fumio Kishida when they held a virtual meeting in January.
