🇺🇸 U.S.–China Trade Talks Resume Amid Tensions
U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer are scheduled to meet China's economic tsar He Lifeng in Geneva on Saturday for ice-breaker trade talks. This marks the first major engagement between the two nations since President Trump's return to office. The discussions aim to address ongoing trade tensions and explore avenues for cooperation .朝日新聞
🇺🇸 🇬🇧 India–UK Free Trade Agreement Reached
India and the United Kingdom concluded negotiations for a free trade agreement on May 6, 2025. The agreement is expected to enhance market access, particularly in sectors like alcoholic beverages, where high import duties have been a barrier. This deal signifies a significant step in strengthening bilateral trade relations .Wikipedia
🌍 Global Trade Outlook: WTO Forecasts 3% Growth
The World Trade Organization (WTO) has revised its global merchandise trade growth forecast for 2025 to 3%, down from the previous estimate of 3.3%. The adjustment reflects concerns over geopolitical tensions, particularly in the Middle East, which could disrupt shipping routes and impact energy costs .Business News India
🇵🇰 Pakistan's Strategic Trade Policy Framework Unveiled
Pakistan's Ministry of Commerce has introduced a five-year Strategic Trade Policy Framework (STPF) for 2025–2030. The policy aims to boost exports by simplifying taxes, rationalizing tariffs, and focusing on sectors like textiles and industrial products. The STPF is set to take effect on July 1, 2025, and will serve as a blueprint for sustainable trade growth .Samaa TV+1Samaa TV+1Samaa TV+1Samaa TV+1
🇹🇷 🇵🇰 Pakistan and Turkey Aim for $5 Billion Trade
Pakistan and Turkey have set a target of $5 billion in bilateral trade. The announcement follows a series of high-level meetings between leaders from both nations, focusing on enhancing economic cooperation and addressing regional issues. The partnership underscores the strengthening of ties between the two countries .The Express Tribune+1ESPN.com+1
📉 Wall Street Reacts to Global Trade Developments
U.S. stock markets showed mixed reactions as China announced measures to bolster its economy ahead of upcoming trade talks with the U.S. Investors are closely monitoring these developments, as they could influence global trade dynamics and economic stability .Pittsburgh Post-Gazette
Key Trade Developments on May 7, 2025
U.S., China to hold ice-breaker trade talks in Geneva on Saturday
India–United Kingdom Free Trade Agreement
