Category: Trade

EconomyTrade

South African Small Business Exports to US Plummet Nearly 50% Following Tariff Changes

South African small and medium-sized enterprises have experienced a dramatic 46% decline in exports to the United States since April, according to new shipping data. The drop follows the implementation of reciprocal tariffs and the elimination of a key duty exemption that previously protected low-value shipments.

Steep Decline in South African SME Exports to US Market

Exports from South African small and medium-sized enterprises to the United States have plummeted by 46% since April, according to reports from international shipping platform TUNL. The company’s SME Export Index, which tracks real shipping volumes from a fixed cohort of 1,850 South African exporters, provides a monthly barometer of how global tariff policies are affecting small businesses.

by Marcus Linfield
EconomyTrade

Bundesbank Chief Urges More Assertive European Trade Strategy Toward China

Europe needs to play its economic cards “in a more offensive way” in trade relations with China, according to Bundesbank chief Joachim Nagel. The central bank head emphasized that China needs Europe more than Europe needs China, urging greater confidence in European market strength.

European Trade Strategy Needs More Assertive Approach

Europe should adopt a more assertive stance in its trade dealings with China to protect its economic interests, according to Bundesbank President Joachim Nagel. The central bank chief’s comments come amid shifting global trade patterns following recent tariff measures implemented by the United States.

by Marcus Linfield
PolicyTrade

International Authorities Investigate Cambodian Real Estate Group Following US Sanctions

Authorities in Singapore and Thailand have launched investigations into Cambodian real estate conglomerate Prince Holding Group following sanctions imposed by the United States and United Kingdom. The case involves allegations of fraud and money laundering that have drawn international regulatory attention.

International Investigation Launched

Authorities in Singapore and Thailand are conducting investigations into a Cambodian real estate conglomerate after the United States and United Kingdom imposed sanctions on the company’s chairman, according to reports from regional news outlets. The coordinated international response comes amid allegations of fraud and money laundering that have drawn scrutiny from multiple jurisdictions.

by Marcus Linfield