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Archive for the ‘News’ Category

Mass Logistics Ghana Ltd Nominated for Go Global Awards 2025 in London

Ghana, Logistics, News

August 26, 2025

Mass Logistics Ghana Limited, a leading customs brokerage and freight forwarding firm, is honored to announce its nomination for the prestigious Go Global Awards 2025, scheduled for November 18–19, 2025, at One Great George Street, Westminster, London. The Go Global Awards, hosted by the International Trade Council, extend far beyond the recognition of outstanding […]

The Great Trade Reboot Launched in New York: AI-Powered Future of Global Trade Unveiled

International Trade and Technology, ITC Featured Member, News

August 22, 2025

The Great Trade Reboot Launched in New York: AI-Powered Future of Global Trade Unveiled

International Trade Council and TreZix introduce landmark book and platform to global leaders, investors, and policymakers New York, USA – The International Trade Council (ITC) and TreZix Software Inc. co-launched The Great Trade Reboot on August 19, 2025, at Jay Suites, New York City. The exclusive event gathered venture capitalists, senior government officials, chambers […]

Leveraging the California Supply Chain Transparency Act (2010) with Modern Data Tools

August 22, 2025

Leveraging the California Supply Chain Transparency Act (2010) with Modern Data Tools

When California passed the Transparency in Supply Chains Act back in 2010—though it only took effect in 2012—it was, in many ways, ahead of its time. The legislation compelled large retailers and manufacturers doing business in the state (those with over $100 million in annual revenues) to disclose their efforts to eradicate slavery and human […]

International Trade Council and National Black Chamber of Commerce Sign MOU and Jointly Launch Free Publication and ADAMftd Access to Empower Black-Owned SMEs

International Trade Agreements, News, Singapore, United States

August 22, 2025

International Trade Council and National Black Chamber of Commerce Sign MOU and Jointly Launch Free Publication and ADAMftd Access to Empower Black-Owned SMEs

Atlanta, GA / Singapore / Washington, DC – The International Trade Council (ITC) and the National Black Chamber of Commerce (NBCC) today announced the signing of a Memorandum of Understanding (MOU) to strengthen cooperation in advancing global trade opportunities for Black-owned small and medium enterprises (SMEs). The signing ceremony, held virtually on August 21, […]

EU Seeks Closer Trade Ties with U.S. Through Wine and Spirits Market Access

Europe, News, Trade Relations, United States

August 21, 2025

The European Commission reaffirmed its commitment to advancing trade opportunities with the United States, particularly in the wine and spirits sector, signaling optimism for deeper cooperation between the two economies. While a 15% tariff currently applies to European exports under the EU-U.S. trade agreement, officials emphasized that discussions remain ongoing, with both sides showing […]

France and India Strengthen Coordination on Trade and Strategic Partnerships

France, News, Trade Relations

August 21, 2025

French President Emmanuel Macron said on Thursday that he had a discussion with Indian Prime Minister Narendra Modi, during which the two leaders aligned their positions on key global matters and emphasized deepening bilateral cooperation. Macron noted that the talks focused on strengthening economic exchanges and reinforcing strategic partnerships between France and India. Both […]

U.S. Weighs Redirecting $2 Billion in CHIPS Act Funds to Support Critical Minerals Development

International Trade and Economic, News, United States

August 21, 2025

The U.S. administration is weighing a plan to reallocate at least $2 billion from the CHIPS and Science Act to support critical minerals projects, according to sources familiar with the discussions. The move would also expand the role of Commerce Secretary Howard Lutnick in overseeing funding for the sector. The proposal would divert funds […]

Canada’s Saskatchewan Premier to Visit China Over Canola Tariffs

Canada, News, Tarrifs

August 21, 2025

Saskatchewan Premier Scott Moe announced that he will travel to China in the coming weeks to hold talks aimed at removing recently imposed tariffs on Canadian canola seed. China applied preliminary duties of 75.8% on canola seed imports last week following an anti-dumping investigation, a move that could significantly affect trade flows. China remains […]

South Korea Leverages Cultural Exports for Economic Growth

International Trade and Export, News, South Korea

August 21, 2025

South Korea is turning to cultural exports as a new driver of growth, as traditional manufacturing faces challenges from global protectionist measures. The Korean Wave, or Hallyu, continues to make an impact worldwide, with music, films, television shows, literature, and games gaining international recognition. Notable achievements in recent years include an Oscar-winning film, globally […]

Beyond Borders: Women Shaping the Past, Present, and Future of Global Trade – Free Download Now Available

India, International Trade Agreements, News, Singapore, Trade Agreements

August 20, 2025

Beyond Borders: Women Shaping the Past, Present, and Future of Global Trade – Free Download Now Available

Available at: https://tradecouncil.org/beyond-borders-women-shaping-global-trade/ Singapore / New Delhi – August 2025 – The International Trade Council (ITC), in partnership with the Association of Business Women in Commerce & Industry (ABWCI), proudly announces the release of Beyond Borders: Women Shaping the Past, Present, and Future of Global Trade. This landmark publication is available for free download […]

International Trade Council and Association of Business Women in Commerce & Industry (ABWCI) Sign MOU to Empower Women Entrepreneurs Globally

International Trade Agreements, News, Trade Agreements

August 20, 2025

International Trade Council and Association of Business Women in Commerce & Industry (ABWCI) Sign MOU to Empower Women Entrepreneurs Globally

Singapore / New Delhi / London / Vilnius/Ottawa/Tallinn — August 20, 2024 — The International Trade Council (ITC), the International Centre for Trade Transparency (ICTTM), and the Association of Business Women in Commerce & Industry (ABWCI) have signed a Memorandum of Understanding (MOU) during a virtual ceremony hosted by ABWCI. The partnership sets out a […]

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 […]

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