Zimbabwe will ban exports of lithium concentrates next year as part of a push to make foreign mining companies develop refining operations in the country, a cabinet minister said.

A U.S.-China trade truce wasn’t enough to stem a sharp drop in shipments from China to America last month.

HighGround says “The significant decline was primarily driven by a decrease in smaller shipments to Canada, which fell by 34% month-over-month. The U.S.’ northern neighbor may have purchased more butter for shipment in February and March ahead of tariffs, and sales for April may have lessened as a result.”

Kazakhstan’s crude oil exports are set to hold near record levels again next month, highlighting the ongoing challenge the central Asian country’s burgeoning supply is posing for OPEC+.

Analysts say sentiment on trade is poor as no one is expecting a return to pre-Trump days for global trade. Read more at straitstimes.com. Read more at straitstimes.com.

A surge in exports ahead of looming reciprocal tariffs helped India close FY25 on a strong note. But with fresh headwinds ahead, the real test is sustaining momentum and striking a favourable trade deal.

Taiwan's exports surged to a record in May on booming demand for artificial intelligence and as customers placed orders ahead of U.S. tariffs which could take effect next month after a suspension period expires.

Despite the strong performance so far this year, Taiwan’s statistics bureau expects exports to contract in the second half.

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.

Volkswagen, Mazda, Mercedes Benz, Stellantis, BMW, Nissan, Audi and General Motors all exported fewer cars from Mexico in the first five months of 2025.