The steady rise of global services trade: outpacing goods amid 'slowbalisation' While global trade in goods often captures the spotlight, trade in services has been quietly but steadily achieving ...

Forecasts by Western Union and Oxford Economics project the value of international, cross-border trade in services rising from $6.1trn in 2019 to $8.0trn by 2025 – a 31% increase in value Amongst ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The United States, like the U.K., is a services driven economy. So it follows, at ...

BEIJING, CHINA / ACCESS Newswire / September 15, 2025 / Amid global trade headwinds, China is sending fresh signals that it will further advance trade in services, providing strong momentum for its ...

In the din and noise of the tariff torpedoes unleashed unreasonably by the Trump Administration, and of the consequent debates, a major threat and an opportunity relating to an extremely important ...

In sparking his global trade war, Donald Trump seems to have maintained a glaring blind spot when it comes to protecting one of America’s greatest trade advantages: the export of digital services.

Since the passage of the Tax Cuts and Jobs Act, business owners and tax practitioners alike have focused on the potential effect of Section 199A. Though it has been clear for some time that the 20% ...

Chances are you do not work in agriculture or in manufacturing. In fact, four out of five jobs in the United States are in “services,” and 75 percent of U.S. GDP is derived from services. Worldwide, ...

China's service trade maintained steady growth in the first half of this year, with total imports and exports reaching 3.89 trillion yuan (about 544.9 billion US dollars), up 8 percent year on year, ...

From September 10 to 14, 2025, the 2025 China International Fair for Trade in Services (CIFTIS) was grandly held at the Shougang Park in Beijing and concluded successfully. With the theme of “Digital ...

I’m taking a short break from tariffs this week to focus on a different and often misunderstood part of the trade picture—the role services provided inside the United States play in our trade balance.

Software and IT services, classified under telecommunications, computer, and information services, account for around $150 billion annually, roughly half of India’s total services exports.(Mint) Even ...