Barry Bennett’s comments come a week after Trump announced plans to impose a 10% tariff on Chinese imports upon taking office on Jan. 20
global trade
Latest in global trade
Donald Trump
ANALYSIS: US-China relations and the trillion-dollar question for global markets
The tech industry, global trade patterns, and international markets all hang in the balance, awaiting the outcome of the US presidential election
global trade
WTO forecasts rebound in global trade but warns of downside risks
This year’s projections on pick up in global goods trade follows a 1.2 percent contraction in 2023
Asia
BRICS UAE, Saudi expansion marks biggest challenge to the US dollar in the 21st century
The now enlarged BRICS+ deepens the pursuit of a post-dollar world as geopolitical fault lines shift, experts say
GDP
WTO slashes its global trade growth projections for 2023 to just 0.8%
The revised projections come amid a continued slump in global merchandise trade that began in the fourth quarter of 2022
DP World
The GCC is the ideal place to innovate and enhance global supply chains
In a region already at the forefront of innovation, another sector looks ripe for technological disruption
China
DP World to help Chinese trade zone bounce back with logistics solutions
Jafza owners will deploy the World Logistics Passport programme, which will provide Chinese businesses with faster and more cost-efficient access to global markets
China
UAE, Saudi Arabia non-oil economies to benefit from China’s mild trade reopening
Supply chain bottleneck is expected to ease, and global trade volume will increase by 3.5 percent this year
Brand View
Dubai Chamber: GBF LATAM returns to ignite dialogue between business leaders under themes of reform
Hamad Buamim, President and CEO of Dubai Chambers, explains that GBF LATAM forms an important strand of Dubai’s new strategy aimed at ensuring that foreign trade plays a more significant role in the emirate’s economic development
economic diversification
Saudi Arabia to be key driver of global trade growth with exports expected to surpass $354bn by 2030
Saudi Arabia is reducing its dependence on the petroleum sector and pushing for industry diversification to boost economic growth and attract foreign investments. The metals & minerals, plastic & rubbers, and chemicals & pharmaceuticals sectors are expected to dominate exports