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Stay Updated with the Latest News from the International Trade Council and Our Members

Toyota Strengthens Air Mobility Alliance with Additional $500 Million Investment in Joby Aviation

June 29, 2026

Jessica Jumaway

Toyota Motor Corporation has agreed to invest an additional $500 million in Joby Aviation, a US-based aerospace company specializing in electric vertical takeoff and landing (eVTOL) aircraft. According to reports by Reuters and Bloomberg, this strategic capital injection is aimed at supporting the certification and commercial production of Joby’s electric air taxi, marking a substantial […]

Malaysia and China Sign Landmark Agreement to Streamline Fresh Durian Customs Clearance

June 29, 2026

Jessica Jumaway

During a bilateral meeting in Kuala Lumpur, Malaysia and China signed a landmark protocol establishing phytosanitary requirements for the export of fresh durians, as reported by Reuters. Previously, Malaysian exporters were only permitted to ship frozen durian products to China. According to the South China Morning Post and The Star, the new agreement outlines rapid […]

China and Poland Sign Agricultural Pacts as EU and Ukraine Extend Road Transport Agreement

June 29, 2026

Jessica Jumaway

During a state visit to Beijing by Polish President Andrzej Duda, China and Poland signed several bilateral trade agreements on June 24, 2026, aimed at strengthening economic ties and addressing trade imbalances. According to reports from Reuters, the Associated Press, and Xinhua, a key contract signed during the visit includes a “regionalization” agreement for poultry. […]

French Aerospace Giants Commit $1.2 Billion to Expand Querétaro Manufacturing Hub

June 29, 2026

Jessica Jumaway

In a significant expansion of North America’s aerospace manufacturing capabilities, French aerospace leaders Safran and Airbus have announced a combined $1.2 billion investment to scale up their operations in the Querétaro aerospace hub. According to a report by Reuters, the capital injection is specifically directed toward expanding existing manufacturing facilities to meet the escalating global […]

EU and Japan Expand Customs Pact with Mutual Recognition of Authorized Economic Operators

June 29, 2026

Jessica Jumaway

The European Union and Japan formally expanded their bilateral customs cooperation agreement to include the full mutual recognition of their respective Authorized Economic Operator (AEO) programs. According to an official announcement from the European Commission, with additional reporting from The Japan Times and EU Reporter, the updated framework is designed to simplify customs procedures and […]

Canada Initiates Public Consultation on Potential Tariffs for Chinese Electric Vehicles, Steel, and Aluminum

June 26, 2026

Jessica Jumaway

The Canadian government’s decision to initiate a 30-day public consultation on July 2, 2026, represents a significant step toward aligning its trade policies with those of its key allies. According to Reuters, the consultation will examine potential tariffs on Chinese-made electric vehicles, a move that follows similar tariff increases implemented by the United States and […]

Turkey Accelerates Trade Strategy with UK Upgrade Talks and GCC Partnership Launch

June 25, 2026

Jessica Jumaway

In a significant expansion of its global trade network, Turkey has initiated two major trade negotiations aimed at updating its relationship with the United Kingdom and establishing a new economic partnership with the Gulf Cooperation Council (GCC). These strategic moves highlight Turkey’s efforts to deepen economic integration across both European and Middle Eastern markets. According […]

Automotive Giants Reshape the Americas with Multi-Billion Dollar EV and Hybrid Investments

June 25, 2026

Jessica Jumaway

Honda Motor Co. announced a significant C$15 billion (approximately $11 billion USD) investment to establish a comprehensive electric vehicle (EV) supply chain in Ontario, Canada, according to reports from Reuters. This foreign direct investment (FDI) represents a major commitment to the North American automotive sector, encompassing the construction of Canada’s first dedicated EV assembly plant […]

European Multinationals Expand US Manufacturing Footprints with Over $5 Billion in FDI

June 25, 2026

Jessica Jumaway

European multinational corporations are expanding their manufacturing footprints in the United States, directing billions of dollars in foreign direct investment (FDI) to secure supply chains and meet regional demand. On June 22, 2026, Danish pharmaceutical manufacturer Novo Nordisk announced a $4.1 billion investment to construct a second fill-finish manufacturing facility in Clayton, North Carolina, according […]

UAE Trade Connect and ANZ Bank Advance Blockchain Security and Interoperability in Trade Finance

June 25, 2026

Jessica Jumaway

The integration of blockchain technology in trade finance is reaching new milestones as financial institutions seek to combat fraud and improve cross-border asset settlement. On June 23, 2026, UAE Trade Connect (UTC), a blockchain-powered trade finance platform developed by e& enterprise in collaboration with major banks in the United Arab Emirates, announced that it has […]

Global Trade Networks Expand as UK, India, and UAE Advance Key Bilateral Agreements

June 25, 2026

Jessica Jumaway

The United Kingdom and Turkey commenced formal negotiations to upgrade their existing post-Brexit Free Trade Agreement, according to the UK Department for Business and Trade, Reuters, and the Anadolu Agency. The current agreement, which largely covers goods, is being modernized to include services, digital trade, and procurement. Officials noted that the upgrade aims to better […]

Canada Launches Public Consultations on Tariffs Targeting Chinese EVs, Steel, and Aluminum HS Codes

June 24, 2026

Jessica Jumaway

The Department of Finance Canada announced the launch of public consultations regarding potential policy responses, including surtaxes, targeting Chinese electric vehicles (EVs), steel, and aluminum. According to reports from Reuters and Bloomberg, this initiative is designed to protect domestic manufacturing sectors and align Canada’s trade policies more closely with those of key international partners, such […]

US Customs Expands Forced Labor Enforcement to Seafood and Aluminum Imports

June 24, 2026

Jessica Jumaway

U.S. Customs and Border Protection (CBP) has expanded its enforcement of the Uyghur Forced Labor Prevention Act (UFLPA) to target imports of seafood, aluminum, and polyvinyl chloride (PVC), according to a report by Reuters. This expansion marks a significant broadening of the agency’s enforcement scope, which previously focused primarily on sectors such as cotton, tomatoes, […]

South Asian Maritime Infrastructure Receives Multi-Billion Dollar Boost from Global Investors

June 24, 2026

Jessica Jumaway

As global supply chains continue to undergo strategic realignments, South Asia is emerging as a primary destination for high-value maritime and logistics infrastructure. Recent foreign direct investment (FDI) commitments from both private logistics leaders and state-backed development agencies underscore the region’s growing importance in international trade corridors. According to JOC.com, Dubai-based DP World has finalized […]

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