Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
German Industry Employment Falls to Lowest Level in a Decade 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Trump Questions USMCA Renewal as Trade Talks Continue 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
China’s Premier Li Qiang cautioned global economic leaders on Tuesday that the “mutually destructive consequences of tariffs” have grown more visible throughout 2025, urging coordinated action to strengthen international economic governance. Speaking at the “1+10 Dialogue” in Beijing — a forum attended by top officials from the International Monetary Fund, World Bank, World Trade Organization, OECD and the International Labour Organization — Li stressed that escalating trade barriers are distorting global markets and threatening long-term stability.
While Li did not directly name U.S. President Donald Trump, his remarks echoed widespread concerns over the expanding U.S. tariff regime, which has reshaped global trade flows. China’s trade surplus surpassed $1 trillion for the first time in November, according to new customs data, a development economists link to tariff-driven shipment diversions away from the United States and into alternative markets. Analysts warn that this shift is increasing competitive pressure on manufacturing sectors across multiple economies that are absorbing redirected Chinese exports.
Li emphasized that, since the beginning of the year, the persistent threat of new tariffs has cast uncertainty over global supply chains and investment decisions. He called for renewed commitment to fair, rules-based trade and stressed that reforming global economic governance is essential to preventing further fragmentation.
The premier also highlighted the growing influence of artificial intelligence on international trade. Citing China’s advanced AI models such as DeepSeek, Li said these technologies are accelerating industrial transformation, boosting productivity and driving innovation in emerging sectors including smart robotics, wearable devices and next-generation manufacturing. AI, he noted, is becoming a key engine of global growth and competitiveness.
Li’s comments underscore China’s message to the international community: cooperation, modernization and open markets remain crucial as the world navigates heightened geopolitical and economic tension.
