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SUNS # 10446 Tuesday  19 May 2026


 
  Contents  

Trade: China announces preliminary trade deals with US after Trump visit (PRIV)
(D. Ravi Kanth, Geneva)
A spokesperson for China's Ministry of Commerce on 16 May stated that the economic and trade teams of China and the United States have reached preliminary agreements to promote the expansion of two-way trade, including potential purchases by China of US farm products such as soybeans.

Trade: China to highlight proper use of tariff schedule modifications at WTO (PRIV)
(D. Ravi Kanth, Geneva)
Amid "heightened trade turbulence" and moves by the European Union and the United Kingdom to sharply increase tariffs on steel products, China plans to deliver a statement on 20 May at the World Trade Organization's Council for Trade in Goods (CTG) on the proper use of "GATT Article XXVIII rules on modification of schedules to collectively support the multilateral trading system."

Development: Managing markets to promote food security (PRIV)
(Lean Ka-Min, Penang)
As geopolitical turmoil drives up food prices and intensifies hunger levels, governments need to reduce dependence on volatile global markets and strengthen domestic food systems.


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