China
China's Q2 Slowdown Deepens the Export-Imbalance Puzzle
Growth slowed to 4.3 percent in Q2 2026 as investment and consumption weakened, while exports remained the main support for activity.
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China
Growth slowed to 4.3 percent in Q2 2026 as investment and consumption weakened, while exports remained the main support for activity.
India
A government order caps the nationwide daily LPG target at 63,810 metric tons and requires storage and transport capacity as India builds buffers against disrupted Middle East imports.
United States
Payrolls, stocks and goods exports have reached notable highs, but weaker job creation, limited factory hiring and disputed investment totals complicate the administration's account of a broad economic boom.
Latin America
Uruguay's president said a U.S. tariff increase from 10 percent to 12.5 percent on certain products would have a limited but concerning impact, affecting about one-fifth of the country's exports to the U.S. market while excluding services and the main export lines.
Europe
Norway has strongly opposed a new 12.5 percent U.S. tariff on its imports, calling Washington's unilateral measure unjustified. Foreign Minister Espen Barth Eide stated that the justification for the tariff is baseless, as Norway already has clear rules to prevent trade in goods produced using forced labor.
Russia
The United States has set a 12.5 percent tariff rate on Russian goods under a new trade action that covers 60 trade partners and replaces a temporary global tariff framework introduced in February.
United States
The United States plans to impose new 10% to 12.5% tariffs on imports from 60 countries, shifting from temporary worldwide levies to a trade-law framework tied to enforcement of forced-labor restrictions.
Asia
Japan imported about 1.53 million barrels of Russian oil in May and June at an average price near $103 per barrel, underscoring how limited Sakhalin-linked shipments remain part of Tokyo's energy balance despite sanctions pressure.
Asia
Indonesia has received its first Russian crude shipment under a broader import arrangement designed to reinforce national reserves as disruptions around the Strait of Hormuz pressure Asian fuel supply chains.
Latin America
Chinese-brand vehicle sales in Mexico surged nearly 30% in the first half of 2026, capturing 17% of the market despite a 50% tariff imposed in January. The rise has alarmed U.S. officials and become a flashpoint in trade pact negotiations, though Mexican officials argue the data is misleading due to pre-tariff inventory buildups.
India
Delcy Rodríguez's visit to India has highlighted a relationship increasingly shaped by crude supply, as New Delhi seeks to diversify energy imports amid pressure on Gulf routes and renewed access to Venezuelan barrels.
Brazil
Brazil's vehicle industry expanded output by 8.8% in the first half of 2026, while stronger domestic registrations led Anfavea to lift its full-year outlook despite weaker exports and a slower recovery in heavy vehicles.