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The Latest Breaking News from Trade

South African trade officials in Washington for tariff talks and efforts to ease tensions

South African trade officials have held talks with their U.S. counterparts in Washington as Africa’s largest economy looks to repair strained relations and negotiate the lifting of heavy tariffs imposed by the United States

The Independent UK

MEPs call on European Commission to drop energy purchase promise in EU-US trade deal

A letter is currently circulating within the European Parliament denouncing the European Commission’s commitment to purchase $750 billion worth of energy products from the US.

Euronews

EU and India chase down trade deal with wrangling over food

The fact that agriculture is now being formally addressed in EU-India trade negotiations signals that talks are edging toward the finish line, according to experts.

Euronews

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Lammy made deputy PM with Cooper as foreign secretary and Mahmood at Home Office – as it happened

Starmer reshapes his senior team after Angela Rayner steps down over stamp duty row

The Guardian - UK

Australia eyes chance to strike deal on Trump's tariffs

Australia will push for exemptions from US trade tariffs when world leaders meet at a global summit.

AAP

EU, US release long-awaited trade statement setting 15% all-inclusive tariff on EU goods

The joint statement, which comes nearly a month after the trade deal was struck, is being described as a "first step" by the EU side, which hopes to secure more tariff exemptions.

Euronews

Trump Reportedly Called Norway's Finance Minister Mid-Street And Mixed Tariff Talks With Surprise Nobel Peace Prize Pitch

President Donald Trump allegedly mixed high-stakes trade talks with a personal plea for the Nobel Peace Prize in an impromptu call to Norway's finance minister last month.

Benzinga

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S.Africa To Offer US New Deal To Avoid 30% Tariff

South Africa will offer a "generous" new trade deal to the United States on Tuesday to avoid 30-percent tariffs, government ministers said.

International Business Times

The Trade Desk Q2 FY2025 Earnings Call Transcript

The Trade Desk, Inc. (NASDAQ:TTD) reported its second-quarter financial results after Thursday’s closing bell.

Benzinga

Indonesian president frees hundreds of prisoners as part of unity plan

Among the first batch of freed prisoners were prominent rivals of former President Joko Widodo jailed during his term.

Al Jazeera

How do Trump’s tariffs affect Asian countries?

US president blindsides Asian partners with steep new levies that threaten to redraw region’s economic and strategic map, Shweta Sharma writes

The Independent UK

The Latest: US trade partners around the world react to Trump's new tariffs

U.S. trade partners are reacting to President Donald Trump’s executive order that would introduce new tariffs on many of them in seven days

The Independent UK

Trump's EU Trade Deal An Act Of 'Submission,' Says French PM: 'It's A Dark Day'

France's prime minister slammed the trans‑Atlantic trade pact announced by U.S. President Donald Trump and European Commission President Ursula von der Leyen, branding it “submission” by the European Union.

Benzinga

'Bad policy': Australia fears double US tariff rate

US President Donald Trump has flagged all countries, including Australia, could be hit with baseline tariffs up to double the current rate of 10 per cent.

AAP

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The Guardian - AU

Trade minister to warn Trump’s tariff wars could make Australia ‘suffer’ for generations

Don Farrell to caution against shift to system ‘based solely on power and size’ in Friday speech to Lowy Institute

AAP

Australia steps up US trade beef as Trump claims win

Australia has criticised the US for using its size and might to disrupt international trade through tariffs, warning it will lead to firms looking elsewhere.

We Got This Covered

Trump celebrates Japan trade deal as ‘biggest deal ever made’ while Japanese embassy stays mysteriously silent

More similar agreements promised.

The Guardian - UK

Bank of England says UK banks can increase riskier mortgage lending; Nvidia becomes first $4tn company – as it happened

Rolling coverage of the latest economic and financial news, as BoE recommends banks can issue more high loan-to-income level loans

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AAP

China wants AI in expanded trade deal with Australia

Ahead of Prime Minister Anthony Albanese's visit to China, Beijing's ambassador to Australia has called for greater co-operation between the two nations on AI.

Euronews

EU shuts out Chinese medical suppliers from European market in retaliatory trade move

The European Union has confirmed a ban on Chinese companies from participating in EU government tenders for medical devices exceeding €5 million – another piece in an ongoing tit-for-tat trade tensions between Brussels and Beijing.

Euronews

US and China strike a deal on trade framework after talks in London

The London talks are the latest in the two countries’ joint efforts to find a middle ground to resolve a trade dispute which threatens to plunge the world into recession and economic instability.

The Independent UK

The US and China have agreed on a framework to resolve their trade disputes

Chinese state media say that the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month

Kiplinger

Stock Market Today: Wall Street Is Standing By

The waiting is the hardest part with trade war truce talks underway and inflation data on the way.

AAP

'Glass half-full' for EU security deal with Australia

EU ambassador Gabriele Visentin has high hopes for a strong security partnership between the bloc and Australia, amid talks for a potential trade deal.

The Independent UK

US and China are holding trade talks in London after Trump's phone call with Xi

High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy

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