China's commerce ministry announced Tuesday that it has continued to suspend or removed export-control measures on some U.S. entities from Tuesday, in line with the consensus reached during the high-level China-U.S. economic and trade meeting in Stockholm.

On August 4, U.S. Eastern Time, U.S. Customs and Border Protection (CBP) issued implementation guidance for President Trump’s revised reciprocal-tariff executive order. The new “reciprocal tariffs” take effect at 12:00 a.m. New York time on August 7. The guidance simultaneously exempts ten categories, including USMCA-covered products, Section 232 tariff items, and certain specified tariff lines.

SINGAPORE: Singapore's banks posted mixed second-quarter earnings on Thursday (Aug 7) with DBS maintaining its 2025 outlook and UOB resuming guidance but trimming expectations amid macroeconomic uncertainties.

Amid escalating global uncertainties fueled by rising unilateralism, protectionism and geopolitical tensions, China's commitment to stable policymaking and consistent long-term planning stands as a vital asset for the stability of the global economy.

U.S. President Donald Trump on Monday threatened to "substantially" raise tariffs on goods imported from India with the excuse that India bought and resold Russian oil.

U.S. President Donald Trump on Wednesday signed a proclamation to address the effects of copper imports, imposing universal 50 percent tariffs on imports of semi-finished copper products and copper-intensive derivative products, effective on Aug. 1.

According to projections from the Observatory of Economic Complexity (OEC) tariff simulator, by 2027 global exports to the U.S. will fall more than 46 % below the average of the past three years—a drop of roughly US$2.68 trillion. Conversely, U.S. exports to the rest of the world are expected to rise 12 % above the same three-year average, an increase of about US$1.59 trillion.

On the morning of July 28, CK Hutchison announced that the exclusive negotiation period with the consortium regarding the Hutchison Port Group transaction—first disclosed on March 4—has expired. The company is continuing discussions with the consortium and intends to invite a major strategic investor from the Chinese mainland to join as a key member.

Held from July 8 to 11 in the Chinese capital Beijing, the congress drew over 2,000 participants from more than 60 countries, regions and international organizations. For many, the event offered firsthand insight into China's achievements and provided a potential roadmap for boosting global connectivity.

China’s June shipments of rare-earth magnets to the United States surged to more than seven times May’s level, signaling a robust rebound in the supply of critical minerals essential for electric vehicles and wind turbines following the new U.S.–China trade deal.