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2026-05-29 10:36:22
[China Council for the Promotion of International Trade: Global Trade Friction Index Remains High in March] This morning (May 29), the China Council for the Promotion of International Trade (CCPIT) held a press conference to release the latest global trade friction index. Data shows that the global trade friction index remained high in March. Looking at the composite index, the global trade friction index for March 2026 was 104, still at a high level. The amount involved in global trade friction measures decreased by 29.1% year-on-year but increased by 2.8% month-on-month. In terms of country-specific indices, among the 20 countries (regions) monitored, the United States, India, and the European Union ranked in the top three in terms of global trade friction indices. The United States has the largest amount involved in global trade friction measures, ranking first in 11 of the past 12 months. Wang Yifei, spokesperson for the CCPIT, stated that in terms of industry indices, among the 13 major industries monitored, the points of conflict in trade friction measures are concentrated in the electronics, chemical, transportation equipment, and machinery equipment industries, with the electronics industry having the highest trade friction index. (CCTV News)
