Chinese export growth slowed to a six-month low in August 2025, rising only 4.4% year-on-year, as shipments to the US plunged around 33% amid renewed tariff tensions. Imports also weakened. While exports to Southeast Asia and the EU grew, they failed to offset the steep losses from US markets.

On May 6, 2025, India and the United Kingdom reached a major milestone with the conclusion of their Free Trade Agreement (FTA). The agreement is poised to reshape the trade dynamics between both nations by reducing tariffs and easing access to key sectors. It marks a new phase in their economic relationship, promising significant growth in trade, investment, and mutual cooperation.

Trade relations between the U.S. and China continue to be strained as new tariffs increase disruption, while UK retail giant Marks & Spencer (M&S) grapples with a cyber-attack. Despite these challenges, the FTSE 100 index rises to an 11-day high.

In a major shift that could redefine global manufacturing landscapes, Apple plans to relocate all U.S.-bound iPhone production from China to India by 2026. This strategic move comes in response to rising U.S.-China tensions, changing supply chain dynamics, and India's emergence as a tech manufacturing hub.