#exports

#exports

The deadline for new US tariffs on India has passed early Wednesday, doubling the total levies on goods from the South Asian economic giant to 50%. US President Donald Trump had earlier announced the increase to pressure buyers of Russian fossil fuels, a major source of revenue for Moscow. Trump's trade adviser, Peter Navarro, said last week that "India doesn't appear to want to recognize its role in the bloodshed," in reference to Russia's war in Ukraine.

The rise in the headline rate to 4.9pc is a warning light on the economic dashboard. Rising global uncertainty and the growing risk of tariffs are making firms more cautious.

"The Taiwan dollar has been under strong appreciation pressure due to record trade surpluses, equity inflows, and hedging activity by Taiwan life insurance companies," Khoon Goh, head of Asia research at ANZ, wrote in a note.

Despite its leading position in strawberry production, China rarely exports its strawberries due to the fruit's delicate nature, resulting in limited availability in international markets.

Tanzania's coffee production is projected to increase to 1.45 million 60-kilogram bags during the 2025/26 market year, driven by favorable weather and improved farming practices.

Ethiopia's coffee production is set to reach a record 11.6 million bags by 2025/26, thanks to improved farming practices and favorable weather conditions.

Germany's long candy-making history includes pioneering popular treats like gummy bears and is a leading exporter of sweets, accounting for 12.9% of global exports.

Colombia's coffee production is forecast to decline by 5.3% in 2025/26, reaching 12.5 million bags, attributed to excessive rainfall damage.

Exports to the United States fell 17.6% in April, while total Chinese exports beat forecasts with an 8.1% increase, highlighting complex trade dynamics.

Canada's exports to the US fell by 6.6%, and imports dropped 2.9%, highlighting a shift as Canada strengthens its trading ties with other nations.

Exports to the U.S. also dropped by 6.6 per cent but was almost compensated by an increase in exports to the rest of the world, Statistics Canada said.

The US is by far the largest market worldwide for German products, accounting for about 10.4% of the country's total exports in 2024.