Global trade

Global goods trade reached around US$13.7 trillion in the first half of 2026, marking a 12.5 per cent rise from the same period last year. The United Nations Conference on Trade and Development (UNCTAD) said the increase reflected higher…

The United States has introduced fresh tariffs on 60 trading partners after a temporary global levy, put in place following a Supreme Court ruling against the Trump administration in February, expired. These new duties, ranging from 10% to…

The global car industry is under growing pressure as Chinese manufacturers surge ahead in electric vehicles, batteries and automotive software. Global Auto Industry is now facing a major shift, as US, European and Japanese brands lose…

Tier-one lender, Fidelity Bank Plc, has hosted a training program for entrepreneurs interested in global trade to scale and acquire relevant expertise. The capacity development training tagged Export Management Programme (EMP 18)…

Indonesia will seek to sign $3.5 billion of trade and investment agreements with Africa as global trade battles spur a hunt for new markets outside Asia, according to a senior diplomat. The deals will be announced at the ongoing…

While Global trade contracted 3%, with hopes to rebound in 2024, intra-African trade increased by 6 percent in 2023. The United Nations Conference on Trade and Development (UNCTAD) disclosed this in its latest Global Trade Update.…

Global trade, devastated by the coronavirus crisis, will shrink by less than expected this year but the rebound will also be much weaker than previously forecast, the WTO said Tuesday. Revising its prior “optimistic scenario” forecast of…

The US-China trade war will affect global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that “everyone is going to suffer” from a clash between the world’s two biggest…