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] In the context of increasing global trade, evolving consumer expectations, climate-linked risks, and rapid technological advancements, food safety is now a critical pillar of public health, economic growth, and global competitiveness. CII FSQR@20 Summit 2026
• [New] Recent announcements of 100% (later 200%) tariffs on generics from 2028 onwards pose a significant risk to foreign suppliers and to patients. Coface
• [New] India and Russia are stepping up efforts to increase bilateral trade to US$ 100 billion by 2030, with both countries expanding cooperation across trade, energy, technology and skilled employment as part of their long-term strategic partnership. TV BRICS
• [New] The deepwater Port of Chancay, funded by China and operated by COSCO Shipping Ports, is the most recent example of growing Chinese economic influence in Latin America and could become a point of contention in a trade war between the United States and China. BTI 2026
• [New] ASEAN requires approximately USD 210 billion in annual infrastructure investment through 2030 to sustain economic and trade connectivity. MarkNtel Advisors
• [New] The White House plans to use AI and stricter measures to stop illegal transshipments, estimating US losses from tariff evasion between $40 billion and $303 billion. ST
• [New] U.S. trade could surpass $6 trillion for the first time in 2026, a significant milestone following the $5 trillion mark hit just four years ago. Forbes
• [New] President Donald Trump signed a presidential action imposing tariffs of up to 100% on a wide range of imported drones and unmanned aircraft parts, a move aimed at reducing U.S. dependence on foreign manufacturers but one that will ripple through consumer and professional markets alike. Northeast Times
• [New] A 100% tariff will apply to unmanned aerial vehicles (UAVs) of certain sizes or with specific capabilities considered particularly important to US national security. AzerNews.az
• [New] Trade between India and Russia reached a record USD 68.69 billion in FY 2025-26, and both governments have set a public target of USD 100 billion by 2030, with mutual investment of USD 50 billion. Mercurius
• [New] The ASEAN Digital Economy Framework Agreement, which has completed its negotiations and is expected to be signed later in 2026, is intended to deepen regional digital economic integration and create a more seamless environment for digital trade and economic activity. orient.tm
• [New] Fast growing: Middle East & Africa stands as the fastest-climbing region through 2033, backed by cheap stranded gas feedstock and firm state-backed export strategy investment across major producing nations. Persistence Market Research
• [New] Average order value is projected to increase from USD48 in 2025 to USD61 in 2031, supported by category mix and improved trust in imported brands. KEN research
• [New] Europe's vulnerability to higher energy prices, due to its dependence on imported oil and gas, has prompted Wang to remain underweight eurozone equities. TrustNet
• [New] Fluctuations in global commodity prices and supply chain disruptions are creating procurement challenges for fresh and imported food ingredients. Persistence Market Research
• [New] Disruptions in global supply chains, rising tariffs and the inability to resolve trade disputes fairly and efficiently through established multilateral mechanisms like the WTO will have knock on effects on Scottish industry. Scottish Council On Global Affairs
• [New] Generic Drug Makers Could Face Heightened Tariffs - Makers of generic pharmaceuticals must onshore their manufacturing to the U.S. within two years or face a 100% tariff starting in 2028, President Trump wrote on Truth Social. ICR
• [New] Singapore and dozens of other economies are at risk of being used by Chinese exporters to avoid US tariffs. ST
• [New] To double non-U.S. trade by 2035, new land, modern terminals and other export-focused infrastructure needs to be built. Mirage News
• [New] Solution integrator and synergy plus operating models are expected to witness steady growth as companies continue investing in resilient, technology-driven logistics networks capable of responding to evolving global trade and customer demands. Straits Research
• [New] Australia's vast solar potential and Chile's exceptional renewable profiles make them prime locations for large-scale export projects. EnkiAI - Find the right insight
• [New] In 2027, the assumption of a gradual easing of geopolitical tensions and a normalization of trade flows through the Strait of Hormuz results in an expected average annual decline in energy prices of -9.9%. PricePedia
• [New] Mutual trade within the EAEU reached $95 billion in 2025 and is expected to grow by 7.3% to $102 billion in 2026. The Astana Times

Last updated: 20 August 2026