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Archive for the ‘News’ Category

Vietnam to Strengthen Agricultural Trade with the US Through $2 Billion Agreements

Agricultural Trade, News, Trade Agreements, Vietnam

June 3, 2025

Vietnamese companies are set to deepen agricultural trade ties with the United States by signing memorandums of understanding to purchase $2 billion worth of US farm products, according to Vietnam’s Ministry of Agriculture.   The agreements are being formalized during an official visit to the United States by a delegation of 50 Vietnamese firms led […]

Canada’s Steel Industry Highlights Need for Trade Balance and Stronger Market Access

Canada, International Trade, News

June 3, 2025

Canada’s steel sector is reaffirming its commitment to fair and open trade in light of the recent announcement from the United States regarding an increase in tariffs on imported steel and aluminum to 50% starting June 4.   Industry leaders view this as an opportunity to advocate for strengthened policies that support Canadian competitiveness and […]

China’s Manufacturing Adjusts Amid Shifting Trade Landscape

China, News, Trade

June 2, 2025

China’s manufacturing sector is undergoing a period of adjustment, reflecting evolving global trade dynamics and signaling opportunities for recalibration and resilience in international commerce.   According to the Caixin/S&P Global manufacturing Purchasing Managers’ Index (PMI), the reading for May stood at 48.3—slightly below the growth threshold but indicative of proactive shifts within the industry. While […]

Leaders of U.S. and China Expected to Hold Dialogue on Critical Minerals Trade

China, News, Trade, United States

June 1, 2025

 High-level discussions between the United States and China are expected to resume soon, as both countries seek to resolve trade concerns surrounding critical minerals, according to senior officials.   U.S. Treasury Secretary Scott Bessent confirmed over the weekend that President Donald Trump and Chinese President Xi Jinping are preparing for a call aimed at addressing […]

South Korea Engages in Trade Talks to Address U.S. Steel Tariff Impact

News, South Korea, Trade Policy

June 1, 2025

South Korea’s Ministry of Trade, Industry and Energy has announced proactive steps to address the upcoming 50% U.S. tariff on imported steel products. The government is committed to minimizing disruption to its domestic steel industry through continuous dialogue and trade negotiations with Washington.   The tariff hike, set to take effect this Wednesday, marks a […]

China Demonstrates Resilience in Manufacturing, Supports Global Trade Stability

China, News, Trade

May 30, 2025

China’s manufacturing sector continues to show resilience and adaptability amid a shifting global landscape, with the May Purchasing Managers’ Index (PMI) projected to rise to 49.5, up from April’s 49.0, according to a Reuters poll. While still just below the neutral 50-point mark, the improvement highlights gradual progress and the economy’s ability to respond positively […]

Germany and US Strengthen Trade Relations Through Constructive Tariff Discussions

Germany, News, Trade Relations, United States

May 30, 2025

In a notable step toward strengthening transatlantic trade ties, Germany and the United States are engaged in constructive and transparent discussions focused on tariff matters. These ongoing talks reflect a spirit of cooperation and mutual understanding, which is essential in today’s evolving global trade landscape.   According to recent updates, the dialogue has been described […]

Thailand’s Trade-Driven Recovery Strengthens Economic Outlook

International Trade and Economic, News, Thailand

May 30, 2025

Thailand’s economy gained fresh momentum in April, fueled by a rebound in exports and renewed strength in its manufacturing sector, the Bank of Thailand (BOT) reported. This promising performance underscores the country’s growing trade resilience and its proactive efforts to navigate global market shifts.   Export growth—up 9.9% year-on-year—played a central role in driving manufacturing […]

Canada’s Trade-Led Growth Beats Expectations, Boosting Economic Optimism

Canada, International Trade and Economic, News, Trade Relations

May 30, 2025

Canada’s economy delivered a strong performance in the first quarter of 2025, expanding by 2.2% on an annualized basis and surpassing economists’ expectations. The growth was powered primarily by a surge in exports and a rise in business investments—clear indicators of Canada’s increasing strength and reliability in global trade.   A 1.6% jump in exports […]

Germany’s New Chancellor to Strengthen U.S. Trade Ties in First Washington Visit

Germany, News, Trade Relations

May 30, 2025

 Germany’s newly appointed Chancellor, Friedrich Merz, is set to visit Washington on Thursday for a high-level meeting with the U.S. President Donald Trump, marking his first official trip to the United States since taking office on May 6.   This milestone visit underscores both nations’ shared commitment to revitalizing transatlantic trade relations and deepening economic […]

Italy to Host France for Strategic Talks on Strengthening Economic and Trade Partnerships

Italy, News, Trade

May 29, 2025

Italy will welcome France for important discussions in Rome on June 3, aiming to deepen cooperation on key bilateral and European economic issues. This meeting highlights the ongoing collaboration between two leading European economies focused on fostering trade growth, innovation, and investment opportunities.   Both countries are set to explore ways to enhance market access, […]

Strengthening Cross Border Trade as US Set to Resume Cattle Imports from Mexico by Year End

International Trade and Agriculture, News, United States

May 29, 2025

A significant step forward for agricultural trade in North America is on the horizon with the United States expected to resume cattle imports from Mexico by the end of the year. This development highlights the strength of bilateral cooperation in managing livestock health and ensuring trade continuity.   The temporary pause in imports earlier this […]

Mexico and United States Avocado Trade Strengthens California Agriculture

Mexico, News, Trade, United States

May 29, 2025

Cross-border trade between Mexico and the United States is proving to be a game-changer for California’s avocado industry, offering growers new momentum and resilience. What was once viewed as a competitive threat has turned into a vital partnership that supports a thriving, year-round avocado market.   California grower Andreas Tompros, who is replanting his orchard […]

Japan and US Leaders Strengthen Trade Dialogue Through Tariff Talks

Japan, News, Trade Relations, United States

May 29, 2025

In a show of continued collaboration, Japan’s Prime Minister Shigeru Ishiba and U.S. President Donald Trump held a productive phone conversation on Thursday, focusing on ongoing discussions around tariffs and trade relations.   The exchange was described by Prime Minister Ishiba as “meaningful,” highlighting how both leaders deepened their understanding of each other’s perspectives. This […]

India’s Economic Growth Accelerates, Boosting Trade Outlook

India, News, Trade

May 29, 2025

India’s economy is gaining strong momentum, with faster GDP growth in the January–March quarter driven by rising rural demand and increased government spending”developments that are creating a positive ripple effect on the country’s trade and market confidence.   According to economists, India’s GDP likely expanded by 6.7% in the March quarter, up from 6.2% in […]

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