Deborah Elms

Two men in dark blue suits shake hands outdoors against a red background, with two other people partially visible behind them

The United States and China have unveiled a list of goods recommended for reduced tariffs following last week’s summit between Presidents Donald Trump and Xi Jinping

Iran’s 7% Hormuz toll could mint $100+ billion a year — bigger than Nvidia, Apple, or a third of Iran’s entire economy — without pumping a single barrel

The news injected fresh uncertainty into negotiations that President Donald Trump previously described positively

Eight of the world’s largest shipping associations have urged the United Nations to oppose tolls in the Strait of Hormuz amid reports that Iran and Oman are nearing a deal to manage the critical waterway

Trump Unveils New Tariffs Designed to Withstand Legal Scrutiny

India’s readymade garment exporters are preparing for a fresh challenge in their biggest overseas market after the United States recently proposed additional tariffs of up to 12.5 per cent on imports from countries that Washington says have not done enough to address forced labour concerns

U.S. Proposes at Least 10% Tariffs on Partners After Probe Into Forced Labor

Products from other major economies, including China, India, Japan, South Korea, Brazil and Switzerland, would be subject to a 12.5 per cent levy

President Donald Trump has long tried to portray himself as something of a strongman on China, though his tough talk and trade wars are often undercut by his remarkably accommodating nature toward Xi Jinping

President Donald Trump boarded Air Force One Friday afternoon and departed Beijing after two days of high-stakes talks with Chinese President Xi Jinping, wrapping up the first U.S. presidential visit to China in nearly a decade with warm public rhetoric but few concrete agreements to ease tensions between the world's two largest economies

Inverse WTI–Brent spread highlights clash between regional fundamentals and war risk

European Gas Prices Jump After Trump Threatens Hormuz Blockade

European Gas Prices Jump After Trump Threatens Hormuz Blockade

U.S. President Donald Trump’s war on Iran has unsettled markets, allies, farmers, chip manufacturers, and shipping insurers

Just a week after the Supreme Court demolished the cornerstone of President Donald Trump’s tariff regime, questions are swirling about the legal foundation of his replacement tariffs

Washington's trading partners may have gained leverage in negotiations

Washington's trading partners may have gained leverage in negotiations

China’s average effective tariff rate was estimated to be as low as 1.3 per cent in 2025, helping it secure vital raw materials and build soft power