Hi, I’m Sarah, and welcome back to GTN, your source for global trade updates that actually make sense. Global trade is moving at lightning speed, and here’s what you need to know this week.

The Federal Reserve just cut rates by 25 basis points, pushing the euro to a four-year high against the dollar. Emerging markets rallied—India’s rupee hit a two-week peak. And gold? It’s now past $3,700 an ounce as investors look for safety.

On the trade front, things are heating up. The U.S. slapped 25% tariffs on Indian imports today, while China’s exports continue to drop for the fourth month in a row. Meanwhile, the EU and Canada are seeing deeper trade slowdowns.

In response, companies are diversifying supply chains. At China’s Canton Fair, BRICS buyers surged by 24%, showing how quickly emerging markets are becoming critical trade partners.

And as always, GTN keeps you ahead with news powered by verified sources. That’s it for today. Thanks for tuning in, and I’ll see you tomorrow at 5 with more updates.

Global Trade News