Global Scans · Trade · Weekly Summary

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WHAT'S NEXT?: Global trade policies could be upended with a new President in the White House, Brexit, a potential break-up of the European Union and China reacting to these changes in profound ways.

• [New] A Potential Return Of Donald Trump To The White House And His Aggressive Trade Policies could Further Diversify Supply Chains Away From China. archyde
• [New] Despite attempts to ease trade tensions, uncertainty about the impact of US tariff hikes on inflation outlook suggests that the Fed will likely hold its policy rates steady at its July meeting. Krungsri2020
• [New] Lloyd's has released a report noting that a hypothetical geopolitical conflict could disrupt global trade and supply chains, potentially leading to $14.5 trillion in losses for the global economy over a five-year period. ReinsuranceNe.ws
• [New] We expect Chinese automakers to gain most share in Southeast Asia and the Middle East, where auto import tariffs are lower and there are no domestic champions to protect. Switzerland - EN - Intermediary
• [New] Broader unrest in the Middle East, for example, could hamper growth and raise inflation through oil supply and trade disruptions. GIC
• [New] We have warned before that the US tariff strategy could prompt global concessions and isolate China, with countries targeted by potential US tariff action making significant concessions, ultimately improving trade relations between the US and the rest of the world, but at the expense of China. Edge and Odds -
• [New] Government sources have stated that India is actively seeking alternative sources of rare earth elements to mitigate global supply chain risks, especially given export restrictions imposed by China. MACHINIST.IN
• [New] Europe will increasingly walk a tightrope amid a flurry of export controls and extraterritorial measures not only from the United States, but increasingly also from China. Merics
• [New] The proximity to Europeonly 150 km from Italy at the nearest pointmakes Tunisia a strategic partner in helping the European Union meet its REPowerEU targets, which aim to import 10 Mt of green hydrogen annually by 2030. Abhijeet Shirke
• [New] The Tunisian government has set an ambitious target to produce 8 million tonnes of green hydrogen annually by 2050, of which 6 Mt is earmarked for export and 2 Mt for domestic use. Abhijeet Shirke
• [New] Projects like the planned Tunisia-Italy power interconnector aim to facilitate electricity exports and improve regional energy security, creating new economic opportunities for Tunisia in the green economy. Abhijeet Shirke
• [New] As India works toward becoming the world's third-largest economy, developing domestic mining and processing capabilities will be essential for securing mineral supply chains and reducing import dependence. Drishti IAS
• [New] Talks continue to take place and Trump is still threatening new tariffs on key sectors like cars, steel and aluminium. Yahoo Finance
• [New] Threats of higher tariffs from U.S. President Donald Trump have added to uncertainty about the outlook for growth and inflation. Orange County Register
• [New] The UK Government is developing a new Trade Strategy which will support the UK's energy transition in alignment with the Clean Power Action Plan, ensure resilient and reliable global supply chains and reduce dependence on other countries. GOV.UK
• [New] Analysts expect further downward pressure on spot rates in the second half of 2025, as the supply-demand balance weakens, with US tariff policies and capacity deployment likely to influence rates. Magellan Logistics
• [New] Even if deals are reached and they impose lower tariffs than Trump announced in April, it is still likely that imports into the United States will face far higher taxes than they did under former President Joe Biden and during Trump's first term. TradingView
• [New] With US President Donald Trump making clear that tariffs could snap back into place after the temporary truce expires in July, Chinese exporters face another looming external shock. Asia Times
• [New] US stock and ETF tokens and crypto perpetual futures trading involves significant risk and is not appropriate for all investors. Robinhood Markets, Inc.
• Amid rising tensions in the Middle East, Iranian authorities have threatened to block the Strait of Hormuz, a critical chokepoint for global energy trade. Reccessary
• Crude oil prices rose for the third straight week as heightened tensions between Iran and Israel threatened supply disruptions, although Iran continued to export crude oil, reaching its highest level in five weeks. Bogart Wealth

Last updated: 03 July 2025