Archive for the ‘News’ Category

Agricultural Trade, Brazil, News

July 10, 2025

Brazilian exporters are preparing for significant adjustments as the United States plans to impose a 50% tariff on Brazilian goods starting August 1—impacting key agricultural trade, especially beef. This shift is encouraging both countries to reassess their trade strategies, with ripple effects across the global supply chain.   Brazil, a major supplier of lean beef […]

The United States and South Korea are in advanced discussions to strengthen trade cooperation, particularly in the shipbuilding sector, with both nations exploring ways to align strategies for long-term industrial competitiveness and balanced market access.   According to a senior South Korean trade official, the U.S. is seeking closer collaboration with Seoul as part of […]

Australia, Economic Policy, News

July 9, 2025

In a bold move to harness collective expertise, the Reserve Bank of Australia (RBA) has announced plans to expand its research department by fostering stronger partnerships with external experts and connecting policymakers with top academic minds.   RBA Deputy Governor Andrew Hauser, in a recent speech reflecting on Australia’s past and future macroeconomic research directions, […]

The Bank of Thailand (BOT) is strategically recalibrating its economic outlook for the latter half of the year, signaling a period of dynamic adjustment and proactive measures to ensure continued national prosperity. This forward-looking approach comes as Thailand navigates a shifting global trade landscape, even as temporary dips in consumer confidence are observed.   A […]

The latest U.S. tariff initiatives are creating fresh opportunities for diplomatic engagement and constructive dialogue across Asia. As the United States strengthens ties with Indo-Pacific nations, these evolving trade policies are encouraging countries in the region to revisit and enhance their economic relationships, fostering a new era of partnership.   Secretary of State Marco Rubio’s […]

News, Trade, Vietnam

July 9, 2025

In a strategic move to adapt to the shifting global trade environment, Vietnam is set to implement comprehensive measures aimed at enhancing product quality and diversifying its export markets. This initiative comes as nations, particularly within the Association of Southeast Asian Nations (ASEAN), navigate the complexities of evolving trade policies.   Vietnam’s Deputy Trade Minister, […]

Global Trade, Malaysia, News

July 9, 2025

As the Association of Southeast Asian Nations (ASEAN) foreign ministers convened their annual meeting, Malaysia played a pivotal role in shaping the discourse around the changing dynamics of global trade. Malaysian Prime Minister Anwar Ibrahim spotlighted a crucial transformation, emphasizing that mechanisms traditionally used to promote growth are now increasingly leveraged for strategic influence and […]

China, News, Trade Policy

July 9, 2025

An important market indicator of copper demand in China surged by 38% on Wednesday, reflecting shifting trade flows and heightened buying activity after the United States announced new import tariffs on copper.   The Yangshan copper premium, a gauge of China’s copper import appetite, climbed to $40 per metric ton—up from Tuesday’s 11-month low of […]

The European Union and the United States are intensifying trade negotiations focused on the automotive sector, with discussions covering tariff reduction, import quotas, and a proposed system of export credits designed to support cross-border manufacturing and exports, according to sources familiar with the matter.   The dialogue is part of broader efforts to finalize a […]

The Philippines is taking proactive steps to further strengthen its trade relationship with the United States by initiating negotiations to revisit recently adjusted tariff rates, according to Philippine Ambassador to Washington, Jose Manuel Romualdez.   This move reflects the country’s ongoing commitment to open dialogue and collaborative economic relations with key global partners. Ambassador Romualdez […]

News

July 7, 2025

Innovative Filtrex Techno Engineering India Pvt. Ltd., a pioneering provider of advanced industrial filtration, separation, purification, and hydrogen fuel cell solutions, has been officially nominated for the Go Global Awards 2025. The prestigious international event will take place on November 18–19, 2025, at One Great George Street, Westminster, London.   Organized by the International Trade […]

Supply Chain

July 4, 2025

The introduction of Canada’s draft Modern Slavery Act in March 2025 has, perhaps predictably, sparked a mixture of anticipation and uncertainty among Canadian exporters and multinationals with ties to the Canadian market. The proposal, which would impose mandatory reporting requirements on firms with global revenues exceeding CAD 50 million, is still working its way through […]

India, News, Trade

July 3, 2025

India’s services sector surged in June, recording its highest growth in ten months and highlighting the country’s robust economic momentum. The latest HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 60.4 in June, up from 58.8 in May, signaling strong expansion in business activity driven by increased demand and easing […]

Japan, News, Trade Policy

July 3, 2025

Japan’s currency continues to capture the attention of global markets, with the yen presenting long-term promise amid evolving trade relations and monetary policies. While recent shifts have led some investors to temporarily adjust their strategies, the yen remains a significant pillar in international trade and financial planning.   Despite cautious signals from the Bank of […]