#Global trade

The Trump administration issued new tariffs of 10 to 12.5 percent on over 80 countries, citing failures to enforce forced labor import prohibitions.

President Trump and Xi Jinping discussions in Beijing focus on the Strait of Hormuz and oil supply while domestic infrastructure projects expand.

In a major economic policy shift, former U.S. President Donald Trump has ended specific tariffs while implementing a new global 10% tariff, impacting international trade and economies worldwide in 2026.