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, […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
Instant access to live duty rates, rules of origin, and compliance guidance—now freely available London, United Kingdom — August 7, 2025 — Alinea Customs today unveiled its Free Global Tariffs & Rules Lookup Tool, providing exporters and investors worldwide with real-time insights into import/export duties, preferential trade-agreement provisions, and customs requirements. No registration is […]
China’s trade and investment flows with developing nations in the Global South have accelerated in recent years, according to research published by S&P Global. The report noted that Chinese goods exports to countries in Southeast Asia, Latin America, and the Middle East have doubled over the past decade, outpacing growth in shipments to the US […]
Canadian Industry Minister Mélanie Joly is visiting Sweden this week to meet with Saab AB and Ericsson, with plans to explore investment opportunities and deepen economic cooperation. The visit also includes discussions on a potential economic partnership between Canada and Sweden, according to officials familiar with the plans. Talks are expected to cover a […]