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Archive for the ‘News’ Category

Hachiko Efficiency Services Nominated for Go Global Awards 2025

ITC Featured Member, Logistics, News, Singapore

August 20, 2025

Singapore-based Hachiko Efficiency Services Pte Ltd, a leader in environmental and hazardous materials management, has been officially nominated for the prestigious Go Global Awards 2025. Organized by the International Trade Council, the event will take place on November 18–19, 2025, at One Great George Street, Westminster, London. The Go Global Awards honor organizations that […]

U.S. Importers Face Increased Costs as Tariffs on Steel and Aluminum Products Expand

News, United States

August 20, 2025

In a significant shift that will affect a wide range of industries, the United States has expanded its 50% tariff on steel and aluminum to cover over 400 new product categories. The tariffs, which took effect early Monday, now apply to a variety of goods previously exempt from the steel and aluminum levies, including items […]

Vietnam Strengthens Position as Asia’s Rising Economy

August 20, 2025

Vietnam is increasingly positioning itself as one of Asia’s fastest-growing economies, with significant investments and reforms designed to boost long-term competitiveness, according to recent reports from Thai media. The Vietnamese government has unveiled a national development plan valued at approximately 1.5 trillion THB (48.7 billion USD). The initiative includes 250 infrastructure and housing projects […]

United States Accepts Brazil’s WTO Consultation Request on Tariffs

International Trade, News

August 20, 2025

The United States has agreed to hold consultations with Brazil at the World Trade Organization (WTO) regarding recently imposed tariffs on Brazilian goods, according to a document published on the WTO website. Earlier this month, the U.S. applied a 50 percent tariff on most imports from Brazil. In its WTO filing, the United States […]

India’s Path to Reducing Trade Imbalance with China Lies in Self-Reliance, Says Report

China, India, News

August 20, 2025

China’s recent easing of export restrictions on fertilizers, rare earths, and tunnel-boring machines to India has been welcomed as a positive step. However, a new report from the Global Trade Research Initiative (GTRI) emphasizes that self-reliance remains India’s most effective safeguard against its widening trade deficit with China. The report noted that India’s economic […]

United States Expands Steel and Aluminium Tariffs Across 400+ Products

News, United States

August 20, 2025

The United States Department of Commerce has announced an expansion of tariffs on steel and aluminium, extending duties to more than 400 additional product categories. The move will affect a wide range of goods including wind turbines, mobile cranes, bulldozers, railcars, furniture, compressors, pumps, and certain automotive and electric vehicle components. According to the […]

Alinea Customs Launches Free Global Tariffs & Rules Lookup Tool

ITC Featured Member, News, Press Release, Trade, Trade Agreements

August 20, 2025

Instant access to live duty rates, rules of origin, and compliance guidance—now freely available London, United Kingdom — August 7, 2025 — Alinea Customs today unveiled its Free Global Tariffs & Rules Lookup Tool, providing exporters and investors worldwide with real-time insights into import/export duties, preferential trade-agreement provisions, and customs requirements. No registration is […]

China Expands Trade and Investment with Global South Amid Shifting Tariff Landscape

China, Economic Indicators, News, Trade

August 19, 2025

China’s trade and investment flows with developing nations in the Global South have accelerated in recent years, according to research published by S&P Global. The report noted that Chinese goods exports to countries in Southeast Asia, Latin America, and the Middle East have doubled over the past decade, outpacing growth in shipments to the US […]

Canada Strengthens Trade and Economic Ties with Europe

Canada, Europe, News, Trade

August 19, 2025

Canadian Industry Minister Mélanie Joly is visiting Sweden this week to meet with Saab AB and Ericsson, with plans to explore investment opportunities and deepen economic cooperation. The visit also includes discussions on a potential economic partnership between Canada and Sweden, according to officials familiar with the plans. Talks are expected to cover a […]

India, China Envoys Hold Talks on Trade and Cooperation

China, India, News, Trade

August 19, 2025

Indian Foreign Minister Subrahmanyam Jaishankar and Chinese Foreign Minister Wang Yi met on Monday to discuss trade, connectivity, and bilateral cooperation, alongside ongoing dialogue on maintaining stability at the border. “We had productive conversations on our economic and trade issues, pilgrimages, people-to-people contacts, river data sharing, border trade, connectivity, and bilateral exchanges,” Jaishankar said […]

Germany Emphasizes Need for Lower Car Tariffs in EU-US Trade Deal

Germany, International Trade and Imports, News, United States

August 19, 2025

Germany stated on Monday that the United States would need to implement agreed reductions in tariffs on Europe-made cars before a broader trade agreement between the European Union and the US can be finalized in writing. “In particular, car tariffs must be reduced quickly as agreed. We are also aware of the considerable burden […]

Bangladesh RMG Raw Material Imports Up 9.9% in FY25

Agricultural Trade, Bangladesh, News

August 19, 2025

Bangladesh’s imports of raw materials for the readymade garment (RMG) sector rose by 9.9 percent in fiscal year 2025 (FY25), ending June 30, according to data from Bangladesh Bank. Imports reached $18.44 billion, compared with $16.78 billion in FY24. The major imports included raw cotton, yarn, staple fibre, and other accessories. The RMG industry […]

Cura Resource Group Launches Free Global Tariff Search Tool

Global Trade, News, Press Release, Supply Chain, United States

August 18, 2025

Live, up-to-date tariff, trade agreement, and export/import regulation data now available to everyone Washington, MI. Cura Resource Group is proud to announce the launch of a new, entirely free Global Tariff Search tool on its website. Accessible at https://www.curagroup.com/adamftd-global-tariff-search, the tool provides live, daily-updated information on global tariffs, free trade agreements, and the regulations […]

Dragon Gate Investment Partners Opens the Door to Global Trade Knowledge with Free Tariffs & Trade Rules Lookup

International Trade, Market Intelligence, News, Press Release, United States

August 18, 2025

Helping investors, businesses, and policymakers navigate market entry with clarity and confidence New York, NY — August 15, 2025 — Dragon Gate Investment Partners, an investment firm with a focus on space-related technology and art, has added a Free Global Tariffs & Trade Rules Lookup Tool to its website. Developed and operated by the […]

The Food is Good LLC Launches Free Global Tariffs & Rules Lookup Tool

International Trade, News, Press Release, Supply Chain, United States

August 18, 2025

Kennesaw, Georgia, USA — August 14, 2025 — The Food is Good, LC, a leader in health-focused, compliant food solutions for institutions and businesses, today announced the launch of a Free Global Tariffs & Rules Lookup tool, giving U.S. businesses, international partners, and Walmart shoppers instant access to real-time duty rates, preferential trade-agreement provisions, and […]

US Tariff Accountability Act (Expected 2025) – Anticipating New Transparency Requirements

August 15, 2025

US Tariff Accountability Act (Expected 2025) – Anticipating New Transparency Requirements

The proposal for the US Tariff Accountability Act, introduced earlier this year, is already generating considerable debate, particularly among those tasked with navigating the complexities of international trade compliance. While still under legislative review, and therefore subject to possible (perhaps even substantial) amendment, the basic contours of the proposed law are clear enough to warrant […]

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