Archive for the ‘International Trade’ Category

In a move aimed at strengthening the U.S. position in the global technology market, President Donald Trump announced plans to unveil new tariff rates on imported semiconductors within the coming week. The upcoming policy is seen as a strategic effort to enhance the competitiveness of American-made chips and support long-term trade sustainability.   Speaking to […]

China, International Trade, News

April 10, 2025

In a forward-looking move to enhance global economic partnerships, China held constructive discussions with Saudi Arabia and South Africa to reinforce trade ties and explore shared strategies in response to recent U.S. tariff developments.   Chinese Commerce Minister Wang Wentao engaged in separate video meetings on April 10 with Saudi Commerce Minister Majid bin Abdullah […]

In a constructive move to promote regional trade resilience, central bank and finance officials from China, Japan, and South Korea met to discuss the impact of U.S. tariffs and reaffirm their commitment to financial cooperation and economic stability in Asia.   The dialogue took place during the ASEAN+3 Finance and Central Bank Deputies’ Meeting held […]

Canada, International Trade, News

April 3, 2025

Canada has introduced new tariffs on vehicle imports as part of its commitment to maintaining fair and balanced trade relationships. This strategic move reinforces the country’s dedication to protecting its vital automotive sector while preserving the strength of its cross-border supply chain.   As one of Canada’s largest export industries, the automotive sector supports over […]

International Trade, News, Norway

April 3, 2025

Norway is taking steps to initiate discussions with the United States regarding the recently imposed tariffs, in an effort to maintain and enhance trade relations between the two countries. Prime Minister Jonas Gahr Stoere expressed the government’s commitment to engaging in constructive talks with U.S. officials, seeking a resolution that benefits both parties.   The […]

South Africa is taking proactive steps to strengthen its trade relationship with the United States, emphasizing the need for a new bilateral agreement that fosters economic growth and long-term stability.   Following recent adjustments in U.S. tariffs, South African officials see an opportunity to engage in discussions that promote a balanced and mutually beneficial trade […]

Canada, International Trade, News

April 2, 2025

Canada is reinforcing its commitment to a strong and balanced trade environment as it prepares strategic measures in response to recent U.S. tariff adjustments. The government aims to safeguard industries, support businesses, and maintain stable trade relations that foster economic growth.   Prime Minister Mark Carney underscored the importance of decisive action, stating, “It’s essential […]

International Trade, Japan, News

March 26, 2025

Japan is taking proactive steps to ensure stability and strengthen its trade relations following the U.S. government’s announcement of a 25% tariff on automobile imports. Prime Minister Shigeru Ishiba reaffirmed Japan’s dedication to fostering strong economic ties and supporting industries that contribute significantly to global trade.   As one of the largest investors in the […]

At the FT Commodities Global Summit in Lausanne, Switzerland, industry leaders expressed confidence in a well-supplied global oil market, reinforcing stability for international trade and economic growth. Executives emphasized that balanced production levels and efficient supply chains are contributing to steady pricing trends, supporting businesses and industries worldwide.   With additional supply expected in the […]

China, International Trade, News

March 25, 2025

China’s Commerce Minister recently met with a global aviation leader to discuss expanding cooperation in the industry, reinforcing strong trade and economic ties. The discussions focused on fostering a stable and resilient aviation sector while promoting international collaboration to support global market growth.   The minister emphasized the importance of strengthening partnerships to enhance trade […]

Indonesia is seizing new opportunities in the global modest fashion industry by expanding exports to Saudi Arabia, reinforcing its position as a key player in international trade. With the modest fashion sector experiencing rapid growth, Indonesia is strategically tapping into the Middle Eastern market to strengthen its export potential and economic partnerships.   As the […]

India, International Trade, News

February 25, 2025

India is taking proactive steps to enhance its domestic steel supply chain by considering an extension of import restrictions on low-ash metallurgical coke (met coke). This initiative aims to boost local production and strengthen the country’s self-sufficiency in steelmaking.   Earlier this year, India introduced country-specific quotas, limiting total met coke imports to 1.4 million […]

China, International Trade, News

February 23, 2025

The global satellite internet sector is experiencing a surge in innovation and expansion, as leading companies and emerging players invest in advanced digital infrastructure to enhance connectivity worldwide. This growing industry is opening new trade opportunities, fostering international partnerships, and improving access to high-speed internet in remote and underserved regions.   China’s SpaceSail has been […]

International Trade, News, South Korea

February 20, 2025

Japan is exploring opportunities to increase its imports of natural gas from the United States, reinforcing trade ties and enhancing energy security in the region. Recent discussions between Japanese and U.S. officials highlighted the potential of expanding natural gas trade, which could support economic growth and strengthen global supply chains.   A key focus of […]

South Africa has launched a safeguard investigation into the import of certain flat-rolled steel products, demonstrating its commitment to maintaining a balanced and competitive steel market. This initiative, formally notified to the World Trade Organization’s (WTO) Committee on Safeguards on 3 February 2025, seeks to assess the impact of rising imports on domestic producers while […]