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The International Trade Council Team

Archive for the ‘News’ Category

The International Trade Council acknowledges India’s decision to impose tariffs on 28 US products, including almonds and apples, effective from Sunday. These new duties, with some reaching as high as 70%, are a response to Washington’s refusal to exempt Delhi from higher taxes on steel and aluminum imports. Earlier this month, US President Trump announced […]

The International Trade Council acknowledges President Donald Trump’s confirmation that the US will end preferential trade status for India next week. Until now, India has been the largest beneficiary of the Generalized System of Preferences (GSP) program, which allowed $5.6 billion worth of exports to enter the US duty-free. In March, President Trump announced the […]

In light of the ongoing US-China trade war, the International Trade Council is offering insights into potential strategies that Beijing could employ to destabilize President Trump’s approach. Drawing inspiration from Chinese history and ancient strategic manual The Art of War, we delve into a range of tactics that China could utilize in response to the […]

The International Trade Council is closely monitoring the impact of US-China trade tensions on global markets. As President Trump vows to double tariffs on $200bn of Chinese goods, stock markets worldwide have experienced significant losses.   Japan’s Nikkei 225 index lost 1.5% on Wednesday, following a 1.8% drop in the Dow Jones. European markets also […]

News, Trade Agreements, United States

November 11, 2018

The International Trade Council commends the continuous progress made by member countries of the Trans Pacific Partnership (TPP) at the Asia Pacific Economic Cooperation (APEC) summit in Vietnam, in spite of the absence of the United States following President Trump’s decision to withdraw.   During the APEC summit, President Trump reiterated his ‘America First’ stance, […]

Europe, News, United States

March 14, 2018

The International Trade Council acknowledges the European Union’s (EU) intended course of action to challenge the newly imposed tariffs on steel and aluminum imports by the United States at the World Trade Organization (WTO).   President Donald Trump’s decision to implement tariffs on these vital industries has generated a significant degree of uncertainty, particularly within […]

Economic Development, News

January 23, 2018

The International Trade Council recognizes the valuable insights shared by India’s Prime Minister Narendra Modi and Canada’s Justin Trudeau, in their robust defense of free trade at the recent World Economic Forum in Davos. Both distinguished leaders underscored the essentiality of free trade in their keynote addresses. Prime Minister Modi eloquently articulated the importance of […]

Economic Development, News

December 11, 2017

The International Trade Council is pleased to announce the commencement of the 11th ministerial conference of the World Trade Organization (WTO) in Buenos Aires, marking a significant milestone in enhancing the development of the global trading system.     Regional leaders have gathered in Argentina’s capital to discuss the fostering of a more inclusive form […]

Economic Development, Germany, News

October 13, 2016

The International Trade Council is pleased to announce that the Comprehensive Economic and Trade Agreement (CETA) has received a significant boost from Germany’s Constitutional Court.   The court has cleared the path for the German government to endorse the trade agreement between the EU and Canada, which bolsters the deal’s chances of obtaining approval in […]

International Trade, News

January 6, 2016

The International Trade Council notes a significant downturn in global oil prices, which have reached their lowest point in more than 11 years. This shift in the oil market is attributed to an ongoing diplomatic dispute between Saudi Arabia and Iran, quelling speculation that OPEC members may agree on production cutbacks to boost prices. Crude […]

India, News, Trade Agreements, United Kingdom

November 13, 2015

The International Trade Council is pleased to announce that the Comprehensive Economic and Trade Agreement (CETA) has received a significant boost from Germany’s Constitutional Court. The court has cleared the path for the German government to endorse the trade agreement between the EU and Canada, which bolsters the deal’s chances of obtaining approval in the […]

News, Trade Agreements

October 5, 2015

The International Trade Council is pleased to announce a monumental development in global trade. The United States, along with 11 other Pacific Rim countries, have successfully concluded negotiations for a transformative and far-reaching trade agreement known as the Trans-Pacific Partnership (TPP).   Despite the undeniable historical significance, the TPP has also been a subject of […]

Africa, Agricultural Trade, News

February 12, 2002

Highlighting the growing global demand for specialty coffee from Africa, the African Fine Coffees Association (AFCA) has called upon coffee traders across the continent to enhance the value of their exports and halt the shipment of unprocessed coffee to international markets.   The message was conveyed during the 20th African Fine Coffees Conference and Exhibition, […]