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WTO now a forum for talks, not unanimous dealmaking

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INTERNATIONAL

The WTO remains the main body determining global trade rules, but increasingly it looks likely to struggle to go beyond mere discussion.

German automakers face obstacles on all fronts

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GERMANY

German manufacturers face a multi-faceted competitiveness challenge. Domestic output almost halved from 2016 to 2021. The failure to match rivals in the development of electric…

Diamond sanctions will have a modest impact on Russia

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RUSSIA

The ban will be extended by the end of the year to include diamonds polished in third countries, lab-grown diamonds, as well as jewellery and watches containing diamonds. The new…

The entwining of tariffs and US politics will continue

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UNITED STATES

With trade policy, particularly towards China, likely to have an unusually high-profile role in this year’s presidential election, there is a growing awareness of the extent to…

EU will be assertive with new trade defence tools

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EU

First cases pursued under the FSR show it could be one of the most far-reaching of the strategic autonomy measures introduced under this Commission. One Chinese company has…

Kim’s Russia visit may prove more show than substance

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NORTH KOREA/RUSSIA

Despite a strong military focus, both in Kim’s entourage and in terms of sites visited, no agreement was announced in any area.

Taiwan will continue to diversify its investments

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TAIWAN

Rerouting of capital flows follows not only global supply chain realignment away from China but also Taipei’s New Southbound Policy (NSP), which will facilitate Taiwanese…

US-China ties stabilise but trade concerns remain

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US

Their meeting eclipsed the APEC session in San Francisco, as did the Biden administration’s eleventh-hour decision to suspend the trade pillar of its four-part Indo-Pacific…

Washington seeks dialogue to limit damage to ties

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CHINA/UNITED STATES

Washington is attempting to limit a further deterioration in relations ahead of its November elections, while simultaneously stiffening tariffs on China amid an expanding…

East Asian trilateralism will mitigate polarisation

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EAST ASIA

Economic ties between the countries have deepened in recent years, although trilateral summits were on hold since 2019 due to the pandemic and political disputes. The latest…