What are the main goals of the new US-China Trade Deal? What does this mean for the global market? Two of the world’s biggest economies, often at odds, are finally finding common ground. That’s the story unfolding now as the United States and China announce a new trade deal.

Underscoring the U.S. tariff impact on shipments, customs data showed that China's exports to the U.S. plunged 34.5% year-on-year in May in value terms, the sharpest drop since February 2020, when the outbreak of the COVID-19 pandemic upended global trade.

While it’s too early to gauge the full impact of the 2025 tariffs, early signs suggest some sectors are more exposed to short-term volatility than others.

US tariffs and the ensuing trade tensions are likely to indirectly impact China's state-owned, global systemically important banks due to their limited overseas exposures.

The total trade value between China and the US in the first five months of 2025 declined by 8.1 percent, with the US remaining China’s third-largest trading partner, according to the latest customs data released on Monday.

Global shares are mixed as investors focus on the result of the ongoing trade talks between Washington and Beijing

The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.