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China Strengthens Trade Outlook with Surge in Soybean Imports and Balanced Tariff Management

China, International Trade, News

June 9, 2025

China’s international trade profile displayed encouraging signs of momentum in May 2025, as customs data revealed a substantial increase in soybean imports alongside stable export growth. This development signals continued resilience and adaptability in China’s trade strategies, including effective tariff management to support critical sectors.   Soybean imports soared to 13.92 million metric tons in […]

New Disputes Surface Ahead of U.S.-China Trade Talks in London, Highlighting Areas for Progress

China, International Trade, News, United States

June 8, 2025

U.S.-China trade talks scheduled this week in London present a valuable opportunity to address a series of ongoing disputes that have shaped recent relations, with the aim of reinforcing the current tariff truce and promoting constructive dialogue.   Following the important 90-day suspension agreement reached in Geneva last month—temporarily pausing most tariffs exceeding 100%—both sides […]

Japan’s First Quarter GDP Contraction Narrows, Reflecting Consumption Resilience and Strategic Trade Outlook

International Trade, Japan, News

June 8, 2025

Japan’s economy displayed encouraging signs in the first quarter of 2025, with revised government data showing a smaller contraction than initially reported. This improvement highlights steady domestic consumption and underscores Japan’s strategic approach amid evolving global trade dynamics.   According to updated figures from the Cabinet Office, Japan’s gross domestic product shrank at an annualized […]

Taiwan Official Explores New Energy Trade Opportunities During Alaska Visit

Energy Trade, News, Taiwan

June 7, 2025

A senior official from Taiwan recently visited the site of a major natural gas development project in Alaska, signaling strengthened cooperation and growing trade prospects between Taiwan and the United States.   Pan Men-an, Secretary-General to Taiwan President Lai Ching-te, attended a high-level energy conference in Alaska upon the invitation of United States Secretary of […]

South Korea and U.S. Commit to Accelerating Tariff Agreement for Stronger Trade Ties

News, South Korea, Trade Agreements, United States

June 6, 2025

South Korea’s newly elected President Lee Jae-myung and U.S. President Donald Trump have agreed to work toward a timely and mutually beneficial tariff agreement, reflecting both nations’ commitment to strengthening bilateral trade and economic collaboration.   In their first official phone call following President Lee’s election, the two leaders expressed a shared vision for reaching […]

New Labor Agreements Secure Stability for Canadian Rail, Boosting International Trade

Canada, International Trade, News

June 5, 2025

Canada’s rail transport sector is set for enhanced stability following the successful conclusion of new labor agreements with two key rail unions. These multi-year contracts, effective from January 1, 2024, to December 31, 2027, were established through arbitration and mark a significant step forward in ensuring uninterrupted rail service—an essential component of cross-border and global […]

Global Trade Adapts to Rare Earth Export Shifts as Industry Looks to Diversify

China, Global Trade, News, Trade and Export

June 4, 2025

China’s recent adjustments to rare earth exports are reshaping global supply chains, prompting businesses and trade leaders to explore diversification strategies and strengthen supply resilience across the automotive and manufacturing sectors.   Rare earth minerals—essential to electric vehicle motors, semiconductors, renewable energy technologies, and more—have long been central to global industry. China’s move in April […]

U.S. Enhances Export Oversight to Strengthen Strategic Trade Relations

International Trade, News, United States

June 4, 2025

 In a move aimed at reinforcing responsible global trade practices, Energy Transfer announced that it received a letter from the U.S. government requiring a license for ethane exports to China. The company is proactively working to secure emergency authorization to continue its shipments, highlighting its commitment to compliance and partnership in international trade.   This […]

Vietnam’s Export Growth Accelerates in May, Trade Surplus Strengthens

News, Trade, Vietnam

June 4, 2025

Vietnam’s export sector continues to demonstrate strong momentum, with May exports rising 14% year-over-year, according to the latest government data. This robust growth contributed to a significant trade surplus of $4.67 billion for the month, underscoring Vietnam’s expanding role in global trade.   The export surge reflects efforts by Vietnamese firms to optimize shipments ahead […]

US and India Progress Toward Trade Agreement as Bilateral Talks Continue

India, News, Trade Agreements, United States

June 3, 2025

The United States and India are making steady progress toward finalizing a major trade agreement that could significantly enhance economic cooperation between the two nations. Speaking at the US India Strategic Partnership Forum in Washington, the US Commerce Secretary shared optimism that a mutually beneficial deal may be reached soon.   Ongoing negotiations focus on […]

Vietnam’s Auto Market Recovery Accelerates, Unlocking Opportunities for Thai Exporters

News, Trade and Export, Vietnam

June 3, 2025

Vietnam’s automotive sector is regaining momentum in early 2025, with rising vehicle sales and growing consumer confidence setting the stage for greater trade engagement. According to the Department of International Trade Promotion (DITP) through its Office of Commercial Affairs in Hanoi, the Vietnamese auto market is showing clear signs of recovery, offering promising export prospects—particularly […]

UK and U.S. Officials to Advance Bilateral Tariff Agreement and Trade Cooperation

News, Trade Agreements, United Kingdom, United States

June 3, 2025

In a continued push to strengthen transatlantic trade ties, UK Trade Minister Jonathan Reynolds is set to meet with U.S. Trade Representative Jamieson Greer in Paris this week to discuss the next steps in implementing a bilateral tariff agreement aimed at enhancing market access and improving trade flows between the two economies.   This engagement […]

U.S. Announces 50% Tariff Increase on Steel and Aluminum Imports to Strengthen Domestic Industry

News, Trade Policy, United States

June 3, 2025

The United States has confirmed plans to raise tariffs on nearly all imported steel and aluminum to 50%, effective Wednesday. The move is aimed at enhancing national industrial capacity and safeguarding domestic producers across key manufacturing sectors.   According to the recent presidential proclamation, the tariff increase seeks to counter the continued influx of low-cost […]

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