Taiwan’s trade surplus with the US exceeded its full-year record in just seven months, as a global boom in artificial intelligence fuels demand for its tech products. https://t.co/cvooUvmfz2 ...

Switzerland is now the most heavily taxed developed economy in the US trade reset. A 39% tariff, Washington's highest on any nation has now taken effect. Trump honed in on Switzerland's $38.5% billion surplus with the US in 2024.By comparison, other countries with trade surpluses Japan and South Korea accepted 15% duties on their products. Switzerland's neighbouring European Union, of which it's not a part of, was also taxed 15%. Now Trump's Swiss tariff hits luxury exports like watches, Nespresso, cheese a ...

Trade Performance - China's July exports increased by 8% year-on-year in RMB terms [2] - China's July imports increased by 4.8% year-on-year in RMB terms [2] - China's July trade surplus narrowed to 705.1 billion RMB [2] - China's July exports increased by 7.2% year-on-year in USD terms [2] - China's July imports increased by 4.1% year-on-year in USD terms [2] - China's July trade surplus was 98240 million USD [2] Import & Export Commodities - China's July fertilizer exports increased by 85% year-on-year, reaching 5704000 tonnes [1] - China's July rare earth exports increased by 21% year-on-year, reaching 59943 tonnes [1] - China's July automobile exports increased by 26% year-on-year, reaching 694000 vehicles [1] - China's July integrated circuit exports increased by 16% year-on-year, reaching 31840 million units [1] - China's July soybean imports increased by 18% year-on-year, reaching 11666000 tonnes [1] - China's July crude oil imports increased by 11.5% year-on-year, reaching 47204000 tonnes [1] - China's July copper ore and concentrate imports increased by 18% year-on-year, reaching 2560000 tonnes [1] - China's July coal imports decreased by 23% year-on-year, reaching 35609000 tonnes [1]

[CC may contain inaccuracies] He announced a deal with Indonesia that will see its exports to the U.S. face a 19% tariff. Indonesia was great. He's a great president and we made a terrific deal where they opened up the entire country to trade with the United States.We weren't allowed to go in and trade. I think something similar will happen with, I would say India. Let's get to our Indonesia deputy bureau chief, Claire Jiao, joining us here as well.It seems like this was a bit of a surprise in some ways, Cl ...

Trade Performance - China achieved a record trade surplus of approximately $586 billion in the first half of the year [1] US-China Trade - Exports to the US began to stabilize [1] - Factories navigated tariff challenges that disrupted global commerce [1]

Macroeconomic & Trade Dynamics - China's Jan-June trade surplus reached CNY 4210 billion [1] - China's trade resisted pressure in the first half of the year [1] - Discussions are ongoing regarding trade tensions with the EU [1] - Potential meeting between Xi Jinping and Trump is anticipated [1] - Price wars in China are considered more dangerous than tariffs [1] Geopolitical Relations - Australia is pursuing 'practical cooperation' with China [1] - The relationship with China is considered 'very important' [1] - Focus on China-Australia ties [1] Economic Outlook - Examination of the global economic outlook [1] - Monitoring of US CPI data [1] Social Trends - 'Anti-Involution' is identified as a new buzzword in China [1]

泰国财政部表示，考虑对更多美国进口产品实行零关税。外汇交易员 (@myfxtrader):泰国财政部长向彭博表示，泰国已向美国提出最新贸易提案，承诺在未来5年内对美贸易顺差削减70%，并力争在7-8年内实现贸易平衡，旨在美国施加的36%关税。 https://t.co/lElZmJf9kC ...

Trade Relations & Tariffs - The US president threatened Brazil with a 50% tariff, the steepest tariff threatened against any trading partner this week [1] - The US Trade Representative is directed to investigate unfair digital trade practices, potentially leading to further tariffs [2] - Unlike other trade disputes, the US has a trade surplus with Brazil, meaning there is no deficit to address [2] Political Motivations - The tariffs are explicitly for political reasons, citing Brazil's treatment of Bolsinaro and attacks on free elections and free speech [3] Brazil-China Relations - Beijing is heavily investing in Brazil, seeking to diversify away from the US [4] - Approximately 28% of Brazil's exports, amounting to 94 billion dollars annually, go to China [4] - Only about 12% of Brazil's exports are directed to the US [4]

Countries like China are living in a trillion dollar annual trade surplus. That capital can't be invested locally. If you're looking to be competitive in exports, you can't have a powerful strong local currency.So when China is making profits in global trade, they have to invest it outside of the country. And a lot of that trade surplus has found itself in the US stock market in US real estate. So this is why US you know um US dominance and US exceptionalism has been funded by the trade surplus of our globa ...