Also in this newsletter: Friedrich Merz finally throws his hat in the ring for German chancellor
Tech giant creates new AI institutes with UAE’s G42 as it awaits decision to lift US controls on chip shipments
Potential agreement comes despite fears Beijing will choke critical minerals supplies in response
Overproduction, tariffs and weak demand increase competition with a glut of low-cost goods
UK trade deal with EU has led to ‘profound and ongoing’ impact on goods flow
Ngozi Okonjo-Iweala warns of disruption to commerce from EU and other unilateral green taxes
Mid-sized countries, and talk rather than litigation, might be the best thing for the WTO
The whole world risks losing from the rivalry between Washington and Beijing
America’s trade pact partners take advantage of White House freeze on new permits to compete on gas exports
Ministers urged to bring forward start date of British scheme to 2026 to align with Europe
Biden administration seeks to slow flood of cheap Chinese goods with proposed new rules around ‘de minimis’ exemption
Commission dismisses offers to adjust pricing of allegedly subsidised vehicles
Call from Ngozi Okonjo-Iweala adds to pressure from exporters including Brazil to ‘reassess’ rules
Move in retaliation over sanctions could affect western nuclear reactors, many of which rely on Russian supplies
Beijing has stepped up lobbying ahead of Brussels vote in escalating trade war
Emerging markets also using levies to force China to build manufacturing plants within their borders
EU chamber of commerce warns Chinese market barriers and slow growth are prompting businesses to look elsewhere
None predicted just how fast China’s own industry would develop in the age of EVs
Tariffs, deportation and fiscal incontinence would challenge the central bank, while its independence could be under threat
Nationalist trade policy is rooted in misdiagnosis. There is a more obvious problem
Ex-president’s latest broadside warns countries to stick with US currency in trades or face 100% levy
Political backlash against globalisation risks derailing progress in raising incomes in poorer countries
Joe Biden and Kamala Harris blocking the Nippon takeover of US Steel shows protectionist business as usual
Also in this newsletter: Why Dublin airport’s passenger cap is provoking the US
To limit China’s leverage, the west needs concerted action on mining, refining and research
