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Global trade friction eases in June, but remains high: China trade council

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Global trade friction eases in June, but remains high: China trade council

2025-08-27 14:51 Last Updated At:23:47

Global trade friction eased in June but remained at a medium-to-high level, according to the China Council for the Promotion of International Trade (CCPIT) on Wednesday.

Data from the council shows that the global economic and trade friction index stood at 92 in June, reflecting a slight easing compared to previous months.

Friction measures eased during the month, driven by the U.S. decision to extend the suspension period on reciprocal tariffs as well as other factors.

The total value of global trade friction measures decreased by 14.7 percent year on year and 13.7 percent month on month, according to the data.

"Among the 20 monitored countries and regions, India, the United States and Brazil ranked in the top three for the global trade friction index. The United States had the highest involvement in global trade friction measures, leading for 12 consecutive months," said Wang Guannan, a spokeswoman for CCPIT, speaking at a press conference.

Among the 13 major industries monitored, trade friction measures were concentrated in electronics, transportation equipment, and mechanical equipment, with the electronics industry having the highest index, said Wang.

Global trade friction eases in June, but remains high: China trade council

Global trade friction eases in June, but remains high: China trade council

Global trade friction eases in June, but remains high: China trade council

Global trade friction eases in June, but remains high: China trade council

The UN must resolutely defend the victorious outcomes of World War II and reject any attempt to revive militarism, said China's Deputy Permanent Representative to the United Nations Sun Lei on Thursday. 

Sun made the remarks to the UN General Assembly (UNGA), following UN Secretary-General Antonio Guterres who addressed the meeting on priorities for 2026.

Guterres emphasized the three principles that guide the world body's work in 2026: adherence to the UN Charter, peace with justice -- peace between nations and peace with nature, and unity in an age of division.

All nations must resolutely uphold the purposes and principles of the UN Charter, said Sun.

"The UN must resolutely defend the victorious outcomes of World War II and uphold the post-war international order, firmly oppose unilateralism and hegemony, and reject any attempt to revive militarism," he said.

The Chinese envoy said countries must advance the three pillars in a balanced manner.

"Peace and security, development, and human rights are mutually reinforcing, and none should be neglected," he said.

He also stressed reforming and improving global governance. 

"China will work with all parties to firmly support multilateralism and the international system with the UN at its core, maintain peace, promote development, and advance the building of a community with a shared future for humanity," said Sun.

UN must resolutely defend victorious outcomes of World War II: Chinese envoy

UN must resolutely defend victorious outcomes of World War II: Chinese envoy

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