Overseas Headlines – October 30, 2025

October 30, 2025

United States:

US, China to Suspend Reciprocal Port Fees By One Year

 

The US and China have agreed to suspend tit-for-tat shipping levies on vessels linked to the other for one year, according to Beijing, deescalating a dispute that has become a sticking point in their wider trade war.

 

Washington began charging special fees on China-linked vessels calling at American ports on Oct. 14, amid a wider probe by the Office of the US Trade Representative into China’s maritime and shipbuilding dominance.

 

https://www.bloomberg.com/news/articles/2025-10-30/us-delays-china-port-fee-talks-as-focus-turns-to-shipbuilding

 

Europe:

ECB Holds Rates With Inflation Near 2% and Economy Expanding

 

The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the economy continuing to grow.

 

The deposit rate was kept at 2% on Thursday — as predicted by all analysts in a Bloomberg survey. Policymakers continued to offer no guidance on future steps, stressing that they’ll act one meeting at a time based on incoming data.

 

https://www.bloomberg.com/news/articles/2025-10-30/ecb-holds-rates-with-inflation-near-2-and-economy-expanding?srnd=phx-latinamerica

 

 

Asia:

BOJ Policy Hold Shows Caution Under Takaichi, Analysts Say

 

The Bank of Japan’s decision to leave policy unchanged reinforced expectations that monetary tightening will proceed cautiously under Prime Minister Sanae Takaichi, sending the yen lower and supporting government bonds.

 

With only two board members backing a hike, investors read the outcome as dovish and now look to Governor Kazuo Ueda’s remarks for hints on the timing of the next move.

 

https://www.bloomberg.com/news/articles/2025-10-30/yen-slips-as-boj-hold-shows-caution-under-takaichi-analysts-say

 

 

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