Topic
International Trade
Everything Briefed has filed against International Trade, most recent first.
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Apple, Amazon book tariff refunds straight into earningsApple added $0.11 to diluted EPS and two full percentage points to gross margin from tariff refunds this quarter, while Amazon booked $600 million, according to Bloomberg's reporting on the rollbac…Chinese companies are buying back stock at trade-war paceChinese firms are lining up the heaviest wave of share buybacks since the trade war escalation, a direct response to a market rout that's spooked Beijing enough to encourage corporate intervention.…Shein posts a loss right before it needs Hong Kong investors to trust its numbersShein's swing to a loss lands at the worst possible moment, weeks ahead of a planned Hong Kong listing that was already going to face scrutiny over supply chain practices, EU tariff exposure, and t…Ford handing Geely a Spanish foothold is an admission, not a partnershipFord's European business has been bleeding market share to Chinese EV makers for two years, and this tie-up effectively invites one of them into the factory rather than fighting them in the showroo…Singapore pushing back on US forced-labour tariffs is a test case for allies, not just rivalsUS Customs and Border Protection's forced-labour designation has mostly targeted Chinese supply chains, so applying it to Singapore-linked goods marks an unusual expansion Singapore's trade ministr…India's silver imports collapse under new licensing rules, and gold is the quiet winnerNew licensing requirements have slammed the brakes on India's silver imports, one of the world's largest physical silver markets, at the same time gold is holding its gains as investors hedge again…Brussels is watching the yuan slide against the euro, and exporters are nervousA weaker yuan against the euro makes Chinese goods cheaper for European buyers at the exact moment the EU is trying to close tariff loopholes on everything from EVs to steel, and that timing is not…Trump's 50% Canada tariff is the biggest bet yet on decoupling workingFifty percent is not a negotiating opener, it's a number designed to stop trade rather than reprice it. Canada sends roughly three quarters of its exports south of the border, so a tariff at this l…Alcoa's Australian gallium project is a China-dependency hedgeGetting international approval for gallium production in Australia matters because China controls roughly 90% of global gallium supply and has already used export curbs on the metal as leverage in …UK-Switzerland deal quietly extends Britain's post-Brexit e-gate diplomacyEvery bilateral e-gates deal Britain signs is really a small admission that the EU relationship isn't giving UK travellers frictionless movement anymore, so London is patching it country by country…Canada and the Philippines agree to sign a trade deal this year, deepening Indo-Pacific tiesCanada and the Philippines have committed to concluding a bilateral trade agreement in 2026, pairing it with expanded defence cooperation in a region where supply chain diversification away from Ch…New Zealand meat exports hit a monthly record. The US beef shortage is doing the work.New Zealand's total goods exports reached NZ$8.9 billion in May 2026, an 18% year-on-year increase and the second consecutive monthly record, with meat the single largest driver at NZ$1.5 billion, …Cuba eyes biggest US fuel shipment since Cold War embargoA Florida trading company is in advanced talks to send Cuba a very large US fuel cargo, potentially the biggest such shipment since the Eisenhower-era embargo began in 1960. The deal comes as Cuba …US proposes 10% tariffs on 60 economies over forced laborThe Trade Representative has targeted major partners including China, the EU, Japan, South Korea, Australia, and the UK with additional duties of at least 10 percent following a Section 301 investi…EU fines Temu €200m for dangerous productsThe European Commission hit Temu with a €200 million fine for failing to assess risks from illegal baby toys and defective chargers sold on its platform. Mystery shopping found a 'very high percent…Stellantis finds lifeline in Chinese EV partnershipsWestern automakers are abandoning the dream of outbuilding Chinese EV leaders alone, instead partnering with local upstarts for technology and platforms. Stellantis's tie-up with Leapmotor exemplif…EU buckles to Trump's trade deadlineBrussels fast-tracked ratification of its new trade deal with the US after Trump threatened sharply higher tariffs beyond his 15% baseline. The agreement locks in a $750 billion energy purchase com…China pledges billions in US farm purchases as summit deliversTrade Representative Jamieson Greer expects China to commit billions in US agricultural purchases, with Beijing already one-third through its soybean commitments for this growing season. Soybean pr…US-China trade truce continues despite ongoing Section 301 probeTrade Representative Greer confirmed both sides are willing to maintain the current truce while continuing a Section 301 investigation opened in October that could justify new tariffs. China has co…Trump's Beijing CEO delegation produces more ceremony than dealsTrump brought top US executives to Beijing for his meeting with Xi Jinping but few major commercial agreements emerged despite the high-profile optics.Asian tech rallies 6% as Trump lands in China for Xi summitGeopolitical thaw meets AI euphoria as markets price lower tail risk. South Korea's KOSPI hit records with a 6.5% jump, Samsung crossed $1 trillion in market cap, and China's STAR Market surged 5.5…Rare earth minerals expected central to Trump-Xi summit talksCritical material supply chains likely on the negotiating table alongside trade and technology.US court blocks Trump's 10% global tariffs as illegalTrump's tariff strategy hit another judicial wall yesterday. A federal trade court ruled his 10 percent global tariffs illegal under Section 122 of the Trade Act, finding no balance-of-payments def…Trump delays EU tariff threat to July 9 after von der Leyen callDonald Trump walked back his June 1 threat to impose 50 percent tariffs on EU goods, extending the deadline to July 9 after Ursula von der Leyen requested serious negotiations. The pattern is famil…Dry bulk rates hit two-year highs as capesize demand surgesThe Baltic Dry Index jumped 3.2% to 2,560 points, its highest since December 2023, driven by capesize vessels earning $37,158 daily. The 22% weekly surge in capesize rates reflects fleet tightening…Hong Kong metal warehouses swell as Middle East war drives hedgingLME-certified warehouses in Hong Kong accepted over 8,000 tons of metals since April with CEO Matthew Chamberlain seeing stocks potentially reach hundreds of thousands of tons. A 10,000 square-foot…Treasury Wine surges 32% on China market recoveryTreasury Wine Estates jumped the most in 12 years after reporting strong China sales recovery, with mainland revenue up 89 percent year-on-year. The Penfolds owner benefited from Beijing's quiet re…Raimondo pushes CEOs toward China exit strategyUS Commerce Secretary Gina Raimondo told the Atlantic Council that CEOs with decades-long China operations are increasingly considering pullouts due to Xi Jinping's authoritarian shift and tougher …