Myanmar aims to export 350,000 to 380,000 tonnes of rubber in the 2025-2026 fiscal year (April 2025-March 2026), an official from the Myanmar Rubber Planters and Producers Association told Xinhua on Sunday (June 8).

The production and sales of new energy vehicles (NEVs) in China increased by more than 30 percent year-on-year from January to November this year, with sales of NEVs making up more than 40 percent of total automobile sales for the first time, latest data showed.

Vietnam’s trade surplus with the U.S. expanded sharply in May as exports swelled and its imports from China also jumped, exacerbating sore points with Washington that could hurt Hanoi’s efforts to avoid crippling tariffs.

According to a recent report by the Society of Motor Manufacturers and Traders (SMMT), new car sales in Britain witnessed a rise for the second consecutive month this year.

Growth in China’s exports likely slowed in May despite a lowering of U.S. tariffs on Chinese goods, as the fallout from the still-unresolved trade war and uncertainties in Sino-U.S. ties weighed on shipments.

The U.S. trade balance, a key indicator of the nation’s economic health, showed an unexpected improvement, with the deficit narrowing to $-61.60 billion, according to recently released data.