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The growth was largely supported by India’s push into markets like China, although there was also a sharp rebound in shipments to its biggest export destination, the U.S.

“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held a video call with Chinese Vice Premier He Lifeng on Dec. 5, according to China’s state-run news agency Xinhua. 

China is expected to step up U.S. soybean purchases to meet a pledge to buy at least 12 million tons by the end of the year, underscoring a wider market hope that a fragile trade truce can hold.

The data for airfreight and container shipping “continue to signal expansion,” even as they weakened from June, “indicating a cooling-off in the transportation of goods worldwide,” WTO said.

Statistics Canada said it will not publish October trade data as was scheduled on Dec. 4. The agency had previously confirmed September numbers would be postponed.

Developers of an elevated freight bridge at the U.S.-Mexico border in Laredo, Texas, using automated shuttles are set to begin building their first prototypes over the next six months.

President Donald Trump placed a 15% tax on goods imported from Japan. It's a heavy burden for the major U.S. ally, but shipments to the rest of Asia are helping to offset lost sales.

Canada and its 13 provinces and territories agreed to knock down more hurdles to trading internally, as the country tries to reduce its reliance on the U.S. amid a punishing trade war.

The U.S. Department of Agriculture on Nov. 18 announced the sale of 792,000 tons of soybeans to China for the 2025-2026 marketing year, the biggest daily purchase in two years.