Investors piled up bullish bets on Asian currencies, including the yuan, as easing U.S.-China tariff tensions, new trade deals and a growing unease with U.S. policies prompted them to pull out of dollar assets,

Treasury Secretary Scott Bessent said trade talks between China and the U.S. have stalled and a direct call between the two countries' presidents may be needed to close a deal, adding to the uncertainty around tariffs as U.

Prof D Mukherjee In April 2025, the World Trade Organization (WTO) reported a 6.2% decline in global trade volumes for Q1 2025, primarily driven by escalating tariffs between the US, China, and several Asian economies.

The Trump administration has effectively cut off some American companies from selling goods to China, a Commerce Department spokesperson told CNN on Wednesday.

Meetings between EU and US trade negotiators will go ahead as planned next week despite a US court’s rebuke of President Donald Trump’s tariff agenda. The latest talks between EU trade commissioner Maroš Šefčovič and his US counterparts,

The Trump Administration immediately appealed a federal court's decision blocking most of President Donald Trump's sweeping tariffs.