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China's Foreign Trade Up 17.6%, Middle East Tensions Escalate, Tariff Negotiations with Multiple Countries

2026.09.08 - 22:35
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TechFlow reports on September 9, citing Jinshi Data: domestically, the General Administration of Customs announced that China's foreign trade grew by 17.6% in the first eight months, while multiple departments jointly issued a notice to expand basic medical insurance coverage for groups such as flexible employment workers. On the international trade front, U.S. Secretary of Commerce anticipates focusing discussions on metal and automotive tariffs with Mexico on Wednesday, and Treasury official Bessent commented on the yen's trend, stating he possesses relevant information.

Regarding geopolitical developments, Zimbabwe issued a new resource control order, immediately banning exports of antimony and tungsten. The Middle East conflict has escalated significantly; the U.S. military struck Iranian targets near Kharg Island and destroyed five crude oil tankers. Iran subsequently launched missiles at U.S. targets in Jordan and warned it would attack oil tankers at ports in Kuwait and Bahrain. The Houthi armed group announced it would conduct extensive military operations deep within Saudi Arabia, while the UK, Canada, and France simultaneously decided to impose sanctions on Israel for its expansion of settlements.

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