China's foreign trade grows 17.6% as Middle East tensions escalate

China's General Administration of Customs reported a 17.6% increase in foreign trade for the first eight months of the year. Internationally, the U.S. Commerce Secretary is set to discuss metal and automotive tariffs with Mexico, while Treasury official Scott Bessent commented on the Japanese yen. Geopolitical tensions have intensified as Zimbabwe banned the export of antimony and tungsten.