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The European Union's carbon border levy is "unfair" and "discriminatory," China's Ministry of Commerce said in a statement on Thursday, vowing to take countermeasures to defend the country's interests.
Michelle

2025 belonged to a small army of five bureaucrats who helped salvage India's economy.
Glendon
Mexico will impose tariffs up to 35% on Chinese imports starting Thursday, according to President Claudia Sheinbaum and Economy Minister Marcelo Ebrard.
Glendon
President Donald Trump delayed tariff increases on upholstered furniture, kitchen cabinets and vanities, easing the pace of his levies as voter frustration over price levels continues to simmer.
Glendon
Two major Japanese business lobbying groups called on the government to address the yen’s weakness, which is inflating import costs and weighing on households and businesses,...
Michelle
South Korea's exports maintained growth momentum, supported by strong semiconductor demand, easing concerns over global trade protectionism and tariff-related uncertainty that had weighed on the country for much of the year.
Julia Daniels
The US dollar struggles near 98 as Fed rate cuts loom into 2026, with GBP/USD holding trend support and EUR/USD testing key EMA levels.
Michelle
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