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TRADE

Shipping containers in Oakland, California, on May 12
WORLD
May 20, 2025
Even on nontariff issues G7 finance leaders may still face U.S. pushback
A source briefed on U.S. positions in the talks in Canada has said that any consensus needs to align with Trump administration priorities.
Wendy McMahon, CEO of CBS News, speaks during the Axios BFD event in New York on Oct. 12, 2023.
BUSINESS / Companies
May 20, 2025
CBS News boss resigns amid tensions with Trump admin
"The past few months have been challenging," CEO Wendy McMahon wrote in a goodbye letter to staff. "It's become clear that the company and I do not agree on the path forward."
A Huawei Ascend AI chip. The U.S. Commerce Department had said in a statement last week that it was issuing guidance to make clear that the use of the Huawei chips is a breach of the U.S. government’s export controls.
WORLD / Politics
May 20, 2025
China says U.S. warnings on Huawei chips undermine their recent trade talks
The U.S. Commerce Department's warnings specify that the use of Huawei Ascend chips amounts to a breach of the U.S. government’s export controls.
U.S. President Donald Trump (right) listens as Indian Prime Minister Narendra Modi speaks during a news conference in February.
BUSINESS / Economy
May 20, 2025
India sees multi-phase trade deal with U.S. as talks proceed
Officials in New Delhi familiar with the matter expect an interim agreement before July, when U.S. President Donald Trump’s reciprocal tariffs are set to kick in.
Employees work on the production line of American infant product and toy manufacturer Kids II at a factory in Jiujiang, in China's Jiangxi province, in June 2021.
BUSINESS / Economy
May 19, 2025
China consumption miss overshadows factory strength amid tariffs
Despite the resilience of factories, weaker consumption for April points to the need for more supportive policies as economists warn of complacency after a 90-day pause on tariffs.
Kim Moon-soo, the presidential candidate for South Korea's conservative People Power Party, attends an election campaign rally in Seoul on Monday.
ASIA PACIFIC / Politics
May 19, 2025
South Korean conservative presidential candidate open to discussing U.S. troop costs
South Korea's conservative presidential candidate Kim Moon-soo said on Monday he was willing to discuss sharing more of the cost of stationing the U.S. military in the country.
China slapped antidumping duties on imports of engineering plastic, including 35.5% duties on shipments from Japan.
BUSINESS
May 19, 2025
China slaps antidumping duties on plastics from U.S., EU, Japan and Taiwan
POM copolymers can partially replace metals such as copper and zinc and have various applications including in auto parts, electronics and medical equipment.
A bird flu outbreak in Brazil has prompted Japan to stop importing chicken from the country — a move that could affect the domestic meat market.
JAPAN
May 19, 2025
Japan halts some poultry imports from Brazil after bird flu outbreak
The ban took effect on Friday after Brazil confirmed its first outbreak of bird flu on a poultry farm.
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing on Capitol Hill in Washington on May 7.
BUSINESS / Economy
May 19, 2025
U.S. Treasury chief to focus on imbalances at G7 finance meeting
U.S. Treasury Secretary Scott Bessent will seek to refocus the group on addressing trade imbalances and nonmarket economic practices.
U.S. Trade Representative Jamieson Greer (left) U.S. Commerce Secretary Howard Lutnick (second from left), U.S. Treasury Secretary Scott Bessent (second from right) and Ryosei Akazawa, Japan's economic revitalization minster, pose for a photo ahead of a meeting in Washington on May 1.
BUSINESS / Economy / FOCUS
May 19, 2025
China-U.S. trade truce prompts nations to consider tougher tactics
After China’s tough negotiating tactics earned it a favorable deal, nations taking a more diplomatic and expedited approach are questioning whether that’s the right path.
U.S. President Donald Trump arrives to deliver a speech marking his 100th day in office at Macomb County Community College Sports Expo Center in Warren, Michigan, on April 29.
BUSINESS / Economy / FOCUS
May 18, 2025
Trump’s deals cast China both as foe and prize, blurring signals
Pick through the details of recent U.S. trade negotiations and an outline of Donald Trump’s vision for the global economy starts to come into focus. As do its contradictions.
Chief tariff negotiator Ryosei Akazawa and his delegation in the Oval Office of the White House in April. Since then, Japan's trade negotiations with the U.S. have produced no tangible results.
BUSINESS / Economy / FOCUS
May 16, 2025
Akazawa's dilemma: no tariff deal or a half-baked deal
Japan has realized the U.S. has no intention of seriously talking about duties on automobiles now.
U.S. Commerce Secretary Howard Lutnick speaks in the Oval Office after President Donald Trump announced a trade deal with the U.K. on May 8. The agreement is far from a win for London, which has chosen deference over strength in dealing with Washington's bullishness.
COMMENTARY / World
May 16, 2025
Lessons from the U.S.-U.K. trade deal: Don’t appease a bully
The tariff agreement signed between London and Washington does little to boost the U.K. economy and, despite appearances, is a diplomatic defeat for Prime Minister Starmer.
Buildings destroyed during the war in Harasta, on the outskirts of Damascus, Syria.
WORLD / Politics
May 16, 2025
Trump’s pledge to lift Syrian sanctions faces a complex road
The move was seen as a highlight of Trump’s trip to the Arabian Peninsula this week, but actual implementation will be a protracted and thorny challenge.
Morgan Stanley analysts estimate the top five makers of hearing aids hold roughly 99% of the global market, which they predict will be worth over $14 billion by next year rising from about $12 billion in 2023.
BUSINESS / Tech
May 15, 2025
Trump’s tariffs spare Europe-dominated hearing aid industry
An ecosystem developed over more than a century has given three Danish companies and a Swiss rival a quasi-monopoly on the market for devices that help people hear better.
Iceland's national flag flies next to the European flag
WORLD / Politics
May 15, 2025
Trump's Greenland threats spark Iceland jitters
Around 74% of Icelanders think Trump's interest in Greenland, and in the Arctic in general, pose a threat to their country, according to a recent poll.
Over 30 years, U.S.-China trade talks have largely failed because Beijing prioritizes protecting its political system, making only symbolic concessions, while Washington struggles to win lasting changes.
COMMENTARY / World
May 15, 2025
The U.S. will never win a trade war with China
For sure, the 90-day truce is merely temporary relief. As long as negotiations continue as they are, the U.S. will not be able to win a trade war with China
U.S. President Donald Trump (center), Qatar's Emir Tamim bin Hamad Al-Thani (right) and Boeing CEO Kelly Ortberg attend a signing ceremony in Doha on Wednesday.
BUSINESS / Companies
May 15, 2025
Qatar Airways orders 160 Boeing twin-aisle jets during Trump visit
The deal for Boeing 777X and 787 planes with GE Aerospace engines was worth $96 billion, according to the White House.
U.S. Trade Representative Jamieson Greer travels to the resort island of Jeju, South Korea, to join his counterparts at the meeting of Asia-Pacific Economic Cooperation members on Thursday and Friday.
WORLD / Politics
May 15, 2025
Trade chiefs jostle for time with Greer at APEC meeting in South Korea
Many will seek talks with the U.S. trade representative to try to blunt the impact of U.S. President Donald Trump’s barrage of tariffs.
Ryosei Akazawa, Japan's tariff czar, after the first round of talks in Washington. Media reports indicate he may be headed back to the United States next week for the third round of negotiations.
BUSINESS / Economy
May 15, 2025
Third round of U.S.-Japan tariff talks may be held next week: report
Akazawa’s two previous visits to Washington yielded no tangible results.

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