Hong Kong will likely remain an important gateway between mainland China and the rest of the world even though its economic growth contribution to China has diminished through the years.
While Germany has one of the highest numbers of coronavirus cases in Europe, its death rate is significantly lower than its neighbors. CNBC's Timothyna Duncan explores the strategies the country has employed to manage the spread of the disease.
Beata Javorcik, chief economist at the European Bank for Reconstruction and Development, says the world is missing international leadership amid the coronavirus crisis.
The coronavirus has spread to 185 countries and territories — infecting more than 2.7 million people and killing over 190,000 globally, according to Johns Hopkins University.
The global economy will this year likely suffer the worst financial crisis since the Great Depression, the International Monetary Fund said.
"There is a much bigger wave of protectionism in the near term that we should expect that is not just in medical supplies," said Deborah Elms, executive director at Asian Trade Centre.
Roberto Azevedo, Director-General of the World Trade Organization, joins "Squawk Alley" to discuss expectations that global trade will drop up to 32 percent in 2020.
Boeing said in a statement that it fully supports legislation to reverse the tax breaks.
The United States, Europe and China have clashed over trade practices for several years and their frictions could continue for another decade or two, experts told CNBC.
The new coronavirus has struck China at a time when its economy has grown larger and established greater linkages with the world.
Questions remain over trade talks between the U.S., the EU and the U.K. as the American trade front shifts to targets across the Atlantic.
President Donald Trump held a press conference at the Davos World Economic Forum in Davos, Switzerland.
Timothy Stratford of Covington & Burling discusses the use of tariffs and subsidies as "tit-for-tat" measures in the U.S.-China trade war.
China's Vice Premier Liu He, head of the country's negotiation team in Sino-U.S. trade talks, will sign a "Phase 1" deal in Washington next week, the commerce ministry said on Thursday.
Rufus Yerxa of the National Foreign Trade Council says the U.S. and the European Union share a common commitment to a rules-based trading system.
David Mann of Standard Chartered Bank says the U.S.-China trade deal negotiations will center around "easier" topics in the next 12 months. Discussions about long-term, structural issues could be shifted to 2021, he says.
Food producers across Europe are bracing for a financial hit from U.S. tariffs that take effect Friday, and Italy, which has more than doubled its global cheese exports in the past decade, believes it is being unfairly targeted.
Alessandro Nicita, economist at the United Nations Conference on Trade and Development, discusses the implications of the U.S. imposing tariffs on European goods.
CNBC's Willem Marx reports from Geneva as the World Trade Organization (WTO) holds talks on whether to formally authorise the U.S. to apply $7.5 billion of tariffs on European goods.
Both sides should negotiate an agreement over subsidies given to both Boeing and Airbus, says WTO's Azevedo.