Global Scans · Trade · Weekly Summary

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] Once concluded, DEFA will unlock USD 2 trillion in digital economic value by 2030, advancing cross-border data flows, digital trade facilitation, and the responsible deployment of emerging technologies. Antara
• [New] Notable agreements include China and Russia's $245 billion trade in yuan and rubles, and India's expanded rupee trade with Russia and the UAE, all aimed at reducing conversion risk and diminishing the dollar's role. EconoWit
• [New] BRICS + nations, major commodity consumers and raw material suppliers, could gradually reduce dollar reliance through trade policy collaboration, like rerouting G7 exports or using currency swaps. EconoWit
• [New] Looking ahead to 2026, the growth of the EU's export markets is expected to slow down due to high global tariffs, leading to slower growth in goods exports. Economy and Finance
• [New] As for 2025 and next, amid trade barriers, regional conflicts and other uncertainties, security companies still expressed optimism for continued growth, which they said will be driven by advanced technologies, especially breakthroughs in AI. asmag.com
• [New] Still-elevated uncertainty, higher effective tariffs, a stronger euro and increased global competition are expected to hold back growth. financialpost
• [New] The outlook to be released in Brussels on Monday will point to the cumulative impact of trade threats and higher tariffs imposed by the US, along with the challenges of persistent weakness in Germany and political turmoil in France. financialpost
• [New] The implementation of tariffs will create an economy where the U.S. will become increasingly reliant on non-allied partners to continue trade in areas such as critical minerals and energy, moving further away from Trump's own goal of energy dominance. Politico
• [New] China's early dominance in export-ready quantum systems, especially sensing technologies, threatens U.S. competitiveness in emerging markets. Information Technology and Innovation Foundation | ITIF
• [New] U.S. policymakers face the challenge of adapting to a more fragmented global financial system, potentially exploring measures to maintain confidence in the dollar without resorting to protectionist policies that could escalate trade wars. BRICS
• [New] Geopolitical Risks: China's trade tensions remain contained, allowing markets to focus on domestic stabilization. Moneta Markets | Trade Forex, Indices, Commodities & Mo
• [New] Persistent geopolitical tensions and shifting trade policies continue to drive shortages of raw materials and parts, pushing up costs and compressing margins-54% of executives anticipate further price increases in the coming year. Industry Today - Leader in Manufacturing & Industry
• [New] A sustained decrease in global demand for the dollar could lead to a weaker currency, higher import prices, and increased borrowing costs for the U.S. government, potentially exacerbating inflationary pressures. BRICS
• [New] Malaysia's E & E sector including the semiconductor industry shipped over RM119 billion to the US, and is projected to rise by 20% from the new tariff structure. Eurasia Review
• [New] Corporate profits globally have taken a $900 billion hit from supply disruptions and tariffs since January. SAP Community
• [New] Turkey has pledged to adopt a national emissions-trading scheme in order to align with the European Green Deal and avoid additional import duties once the EU's Carbon Border Adjustment Mechanism comes into force in 2026. Oxford Analytica
• [New] Coffee lovers will pay extra, as coffee prices are roughly 18% higher than last year due to tight global supplies from climate-related impacts in coffee-producing regions and tariffs. Michigan State University
• [New] The gold price has surged in 2025, far outpacing bitcoin and most other assets, as traders bet on the so-called debasement trade that's expected to undermine currencies including the U.S. dollar in coming years. Forbes
• [New] Overall global commodity prices are projected to decline by about 7% in 2026, marking the fourth consecutive year of moderation, driven by subdued global economic activity and persistent trade tensions. FinancialContent
• [New] The U.S. and South Korea are reported to have finalized a trade deal that is expected to establish a 15% cap on U.S. tariffs on Korean goods. JD Supra
• [New] A revision of the 50% U.S. tariff on Brazilian imports, including coffee, could push arabica prices lower. Market Insights

Last updated: 20 November 2025