7 d. ago India to seek new trade partners, US deal in face of new Trump tariffs

As Washington’s 50 per cent tariff on India took effect on Wednesday, among the highest in place against any country, New Delhi has settled on a hedging strategy – keep seeking a trade deal with Washington while actively searching for alternative trading partners. US President Donald Trump’s harsh move against Indian imports saw the Asian giant launch an urgent diplomatic push to route trade around the US – including with Brazil, China, Russia, Britain, Japan, Australia and the EU. Indian...

Politics

2 w. ago China’s exports to Global South surge, Putin taps Brazil: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Trump says he will arrange Putin, Zelensky meeting after speaking with both US President Donald Trump said on Monday that he was brokering a meeting between Ukraine’s President Volodymyr Zelensky and their Russian counterpart, Vladimir Putin, to be followed by a trilateral meeting that would include the US leader. 2. China’s exports, investments to Global...

Politics

2 w. ago Trump shrugs off Latin American nations moving closer to China

US President Donald Trump on Thursday said he was not worried about Brazil, Mexico and other Latin American nations moving closer to China, telling reporters in the Oval Office, “They can do whatever they want.” The remarks came during a brief exchange at the White House. Trump added: “You know, none of them are doing very well, and what we’re doing in terms of economics, we’re blowing everyone away, including China. We’re doing better than any other country in the world right now.” Trump’s...

Politics

2 w. ago China’s early South American soybean buys squeeze US out of peak export window

China has moved early to lock in soybean supplies from Brazil for September and October, sidelining US exporters from what is traditionally their most lucrative selling period. The shift underscores Beijing’s growing trade reliance on South America and comes amid renewed political and commercial tensions with Washington. According to market analysis from Brazil’s Safras & Mercado, traders reported Chinese purchases of roughly 8 million tonnes of soybeans for September and 4 million tonnes for...

Politics

3 w. ago Paraguay eyes Chinese parts assembly plan amid US tariff war with China, Brazil

Paraguayan lawmakers on Tuesday heard government ministers outline a proposed assembly law that would allow companies to manufacture electronic and digital goods locally using imported parts, many from China, as political debate grows over whether the country should end diplomatic ties with Taiwan in favour of Beijing. Economy Minister Carlos Fernandez Valdovinos and Industry and Commerce Minister Javier Gimenez told a Senate hearing the measure would let businesses that currently import fully...

Events

3 w. ago China’s Xi and Brazil’s Lula hold phone call amid US trade rupture

Brazilian President Luiz Inácio Lula da Silva has spoken by phone with Chinese leader Xi Jinping for about an hour, in a high-level contact aimed at reinforcing ties with Brazil’s largest trading partner while confronting a sudden rupture in trade relations with the United States. The call on Tuesday morning Beijing time, requested by Lula, had been in preparation for several days, according to Brazilian officials. Advisers at the Planalto Palace and the foreign ministry had been in contact with...

Politics

3 w. ago China’s Xi calls for unity in talks with Brazil’s Lula amid US trade rupture

Brazilian President Luiz Inácio Lula da Silva has spoken by phone with Chinese leader Xi Jinping for about an hour, in a high-level contact aimed at reinforcing ties with Brazil’s largest trading partner while confronting a sudden rupture in trade relations with the United States. The call on Tuesday morning Beijing time, requested by Lula, had been in preparation for several days, according to Brazilian officials. Advisers at the Planalto Palace and the foreign ministry had been in contact with...

Politics

4 w. ago China is willing to work with Brazil to deepen cooperation: Chinese FM on growing Brazilian diplomatic presence in Beijing

China is willing to work with Brazil to deepen cooperation: Chinese FM on growing Brazilian diplomatic presence in Beijing  Global Times

Politics

4 w. ago As U.S. Tariffs Take Hold, China Authorizes 183 Brazilian Coffee Exporters

As U.S. Tariffs Take Hold, China Authorizes 183 Brazilian Coffee Exporters  Daily Coffee News by Roast Magazine

Politics