Operations
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China’s exports rose sharply in July, surprising many market watchers. Businesses accelerated shipments ahead of a new US tariff deadline, driving a sharp rise in exports and a 4.1% increase in imports. Southeast Asia absorbed more Chinese goods as trade shifted amid ongoing tensions between Washington and Beijing.
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US diplomats mount formal campaign against the EU’s digital law. A confidential directive from Washington has instructed American diplomats in Europe to push for changes to the Digital Services Act, arguing the rules burden US tech companies and threaten free speech. European authorities are standing firm as regulatory tensions grow.
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US tariffs on semiconductor and drug imports could reach 250%. Markets face uncertainty as technology and healthcare companies brace for higher costs and new supply-chain disruption in the wake of President Trump’s latest trade escalation and fragile international talks.
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Analysts expect modest recovery in this week’s Eurozone retail data. But behind the numbers lies a deeper transformation in consumer priorities. As trust, transparency, and value redefinition take centre stage, Europe’s B2C leaders are rethinking how to compete — and what it means to stay relevant.
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Britain’s steelmakers regain EU tariff-free access for Category 17. From 1 August, UK producers can export up to 27,000 tonnes of structural steel to Europe each quarter, restoring trade volumes and offering vital certainty for the sector after years of Brexit-linked restrictions.
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US tariffs are reshaping the UK’s trading relationship with America. British businesses face a 10% baseline tariff on most exports, with new sector-specific quotas and compliance hurdles fundamentally altering access to the world’s largest market.
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A new transatlantic trade era begins with a 15% tariff. European business leaders face lasting uncertainty as the US and EU strike a high-stakes deal that averts a full trade war but cements tariffs at levels unseen in nearly a century.
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EU and US near trade deal with 15% tariffs. The European Union and the United States are finalising a trade agreement imposing 15% tariffs on most EU exports. Exemptions for aircraft and medical devices are under consideration, but key industries remain affected.
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China and the EU clashed on trade and minerals in Beijing. At a shortened one‑day summit, Ursula von der Leyen warned of an “inflection point” in EU–China ties, calling for “rebalancing,” while Xi Jinping urged Europe to make “correct strategic choices” as tariff tensions and minerals dependence took centre stage.
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Japan and the U.S. struck a surprise tariff accord today. The agreement trims incoming U.S. auto duties on Japanese vehicles to 15 %, down from a planned 25 % escalation, in exchange for a promised US $550 bn investment package aimed at bolstering U.S. supply chains.