Ngozi Okonjo-Iweala: Trade wars sparked by Trump tariffs would be disastrous
The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump’s tariff threats would […]
Global Trade
Imposed 25% tariffs on Mexico and Canada to take effect on Feb 1 says president Trump
President Trump said on Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
Global trade experiences steady expansion despite persistent challenges and economic unpredictability
According to the latest WTO Goods Trade Barometer, which registered a reading of 102.7. This value, above the baseline of 100, indicated above-trend trade growth.
The South African rand declines amid low trading volumes.
Johannesburg South Africa’s rand weakened on Monday in a thin trading session ahead of the year-end.
Crypto has the potential to be accepted by mainstream society but only if it can overcome its own obstacles.
American president openly plugging their products and installing cheerleaders in positions where once there were cops. Mainstream money is flowing in. A US bitcoin reserve is on the table.
Trade barriers are increasing
There is increasing evidence of inward-looking trade policies which could generate further uncertainty for the world economy.
UK economy shrinks for the second consecutive month.
The UK economy shrank for the second month in a row in October as concerns about the Budget continued to weigh on confidence.
Australia’s central bank is prepared to take decisive action if US tariffs negatively impact global trade.
Deputy governor warned the most extreme scenario of an all-out global trade war would depress global activity and trade.
WTO Barometer Shows Moderate Trade Growth as Policy Uncertainty Looms
The Goods Trade Barometer is a composite indicator for world trade, providing real-time information on the trajectory of merchandise trade relative to recent trends.
UK sanctions Kenyan businessman over illicit gold trade
The UK and US governments have imposed sanctions on a British-Kenyan businessman over his alleged involvement in the illicit gold trade.