China’s trade engine likely remained stuck in reverse in January, with imports and exports expected to fall for the second month in a row, adding to concerns the economy may be at risk of a sharper slowdown.
German imports fell unexpectedly in November, outstripping a drop in exports and widening the trade surplus, data showed on Wednesday, in a further sign that Europe’s largest economy is likely to post meager growth in the fourth quarter of 2018.
India has reported a whopping jump in oil imports from Iran in October in face of US sanctions that officials in Washington earlier said were meant to bring the Islamic Republic’s crucial sales of oil to zero.
President Donald Trump's tariffs on another $200 billion of Chinese imports took effect Monday, with Beijing accusing Washington of "economic intimidation" as the standoff between the world's top two economies clouds the global outlook.
China's export growth weakened slightly in August to 9.8 percent from a year earlier, suggesting China's massive foreign trade sector is losing some momentum as Washington readies more sweeping measures in the two countries' ongoing trade war.
As Iran is preparing for the first wave of returning US sanctions that could largely hamper its foreign trade, the country’s banks appear to have already created a mechanism for imports of essential goods from Russia.