Xi–Modi Summit in Tianjin: Constructive Dialogue on Bilateral Relations and the Role of the SCO
On the afternoon of August 31, 2025, President Xi Jinping of the People's Republic of China met with Indian Prime Minister Narendra Modi at the Tianjin Guesthouse, during Modi's visit to China to attend the Shanghai Cooperation Organization (SCO) Summit. The meeting...
United States: Court of Appeals Declared Trump’s Global Tariffs Illegal, But the Case Now Moves to the Supreme Court
The U.S. Court of Appeals has ruled that the global tariffs imposed by the Trump administration on numerous international trading partners—including China, Mexico, and Canada—are illegal. The judges held that these measures could not be justified under the...
Global Stainless Steel Production Increases in the Second Quarter of 2025
According to preliminary data released by the World Stainless Steel Association (worldstainless), global stainless steel production recorded a significant increase in the second quarter of 2025, reaching 16.36 million tonnes. The increase was 5% compared to the first...
UK to Introduce Carbon Border Adjustment Mechanism in 2027 to Prevent Carbon Leakage
The UK government has confirmed its intention to introduce its Carbon Border Adjustment Mechanism (CBAM) starting January 1, 2027, with the aim of combating carbon leakage, the shifting of production to countries with less stringent environmental regulations, which...
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