Insights and Stories on Global Trade

Apr. 25, 2025 at 10:03 am CDT

China refutes Donald Trump's claims that it is in trade talks with the U.S. China has waived tariffs on some U.S.-made pharmaceuticals, chemicals and other goods say business groups.

By Andrew Silver, Gram Slattery, Reuters, Trixie Yap

Apr. 24, 2025 at 10:19 am CDT

Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.

By Reuters

Apr. 23, 2025 at 1:58 pm CDT

U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.

By David Lawder, Trevor Hunnicutt

Apr. 17, 2025 at 10:11 am CDT

China will pay no attention if the United States continues to play the “tariff numbers game”, China’s foreign ministry said on Thursday, after the White House outline how China faces tariffs of up to 245 per cent due to its retaliatory actions.

By Reuters

Apr. 17, 2025 at 10:05 am CDT

The International Grains Council (IGC) has raised its forecast for 2025/26 global corn production, driven by an improved outlook in sub-Saharan Africa and the United States.

By Reuters