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

Vietnam’s Textile and Garment Exports Strengthen Global Trade Presence

February 24, 2025

Jessica Jumaway

Vietnam’s textile and garment sector is making remarkable strides in 2025, reinforcing its role as a key contributor to global trade. With increasing demand from international markets and strategic industry advancements, Vietnam continues to solidify its position as a leading exporter in the global textile supply chain.   The country recorded $3.19 billion in textile […]

Canada and Mexico Strengthen Trade Relations Through Border Security Cooperation

February 24, 2025

Jessica Jumaway

Canada and Mexico are taking proactive steps to enhance trade stability and economic cooperation with the United States by strengthening border security and addressing key policy concerns. This collaborative effort underscores the commitment of all three nations to ensuring a resilient and thriving North American trade network.   In recent discussions, officials from Canada and […]

Dominican Republic Expands Watermelon Exports, Explores New Markets for Melons

February 24, 2025

Jessica Jumaway

The Dominican Republic’s fruit export sector continues to evolve, with watermelon exports showing steady growth while melon exports shift toward new market opportunities. Recent trade data highlights increasing demand for Dominican watermelons, particularly in Puerto Rico, as exporters adapt to changing consumer preferences and market conditions.   Watermelon exports have seen a significant rise, reaching […]

Portugal Strengthens Trade Ties with Germany as Exports Reach New Heights

February 24, 2025

Jessica Jumaway

Portugal’s export sector is experiencing remarkable growth, with exports to Germany reaching an all-time high in 2024. Trade between the two nations surged by 18%, totaling €9.76 billion—the highest level recorded since 2000. This expansion solidifies Germany’s role as Portugal’s second-largest trading partner, highlighting the strength of their economic ties.   This upward trend reflects […]

Thailand’s Steady Interest Rate Strengthens Trade and Economic Resilience

February 23, 2025

Jessica Jumaway

The Bank of Thailand is set to maintain its key interest rate at 2.25% on February 26, reinforcing financial stability and supporting the country’s expanding trade and investment landscape. With Thailand’s economy growing at a robust 3.2% in the last quarter—the fastest in over two years—this decision aims to sustain economic momentum and enhance the […]

China and Global Players Drive Growth in Satellite Internet Trade

February 23, 2025

Jessica Jumaway

The global satellite internet sector is experiencing a surge in innovation and expansion, as leading companies and emerging players invest in advanced digital infrastructure to enhance connectivity worldwide. This growing industry is opening new trade opportunities, fostering international partnerships, and improving access to high-speed internet in remote and underserved regions.   China’s SpaceSail has been […]

UK and India Resume Trade Negotiations to Strengthen Economic Ties

February 23, 2025

Jessica Jumaway

Efforts to enhance trade relations between the United Kingdom and India are back on track as officials from both nations prepare for key discussions in New Delhi. The negotiations aim to advance an economic partnership between two of the world’s largest economies, reinforcing trade and investment opportunities.   The British delegation, led by the Secretary […]

Philippine Exporters See Growth Potential in Middle Eastern Beauty Market

February 23, 2025

Jessica Jumaway

The Middle East is emerging as a promising market for Philippine beauty and personal care exports, with rising consumer spending creating new trade opportunities. Industry experts highlight Saudi Arabia as a key destination, driven by a stable economy, increasing tourism, and major infrastructure investments.   Recent market insights reveal steady growth in beauty product demand […]

Taiwan and U.S. Strengthen Economic Ties with Trade and Energy Discussions

February 20, 2025

Jessica Jumaway

Taiwan and the United States continue to build strong economic ties, with ongoing discussions to enhance trade cooperation and explore new business opportunities. A key focus is on diversifying imports, particularly in the energy sector, as Taiwan considers increasing its purchases of U.S. liquefied natural gas (LNG) to support a more balanced trade relationship.   […]

Surge in Swiss Gold Exports to the U.S. Highlights Strength in Global Trade

February 20, 2025

Jessica Jumaway

Switzerland’s gold exports experienced a remarkable increase in January, with shipments to the United States reaching their highest level in over a decade. This surge underscores the resilience and adaptability of international trade, as Switzerland continues to play a crucial role in the global bullion market.   According to Swiss customs data, gold exports to […]

South Korea Expands Trade Cooperation with the United States

February 20, 2025

Jessica Jumaway

Japan is exploring opportunities to increase its imports of natural gas from the United States, reinforcing trade ties and enhancing energy security in the region. Recent discussions between Japanese and U.S. officials highlighted the potential of expanding natural gas trade, which could support economic growth and strengthen global supply chains.   A key focus of […]

Japan Expands Imports of Natural Gas from the United States to Strengthen Trade and Energy Security

February 20, 2025

Jessica Jumaway

Japan is exploring opportunities to increase its imports of natural gas from the United States, reinforcing trade ties and enhancing energy security in the region. Recent discussions between Japanese and U.S. officials highlighted the potential of expanding natural gas trade, which could support economic growth and strengthen global supply chains.   A key focus of […]

U.S. Oil Export Project Moves Forward, Strengthening Global Trade

February 20, 2025

Jessica Jumaway

A major deepwater oil export project off the Texas coast is moving closer to a final investment decision, with its developers awaiting a key government license. Once approved, this initiative is set to enhance the efficiency of U.S. energy exports and strengthen global trade connections.   The project, located about 30.5 miles off Freeport, Texas, […]

WTO and Switzerland Strengthen Global Trade Through Reform Discussions

February 19, 2025

Jessica Jumaway

The World Trade Organization (WTO) is advancing efforts to modernize global trade regulations, with members emphasizing the need for deeper discussions on reform during the recent General Council meeting in Switzerland. As international trade continues to evolve, the WTO is working toward a more efficient, inclusive, and adaptive system that fosters economic growth and investment […]

Argentina Strengthens Trade Relations Through U.S. Tariff Discussions

February 19, 2025

Jessica Jumaway

Argentina is reinforcing its commitment to international trade as President Javier Milei prepares for key meetings in Washington this week. One of the topics expected to be discussed is the recent adjustment to U.S. aluminum import tariffs, highlighting the country’s proactive approach to maintaining strong trade partnerships.   Governor Ignacio Torres of Chubut, a major […]

U.S. and Hungary Strengthen Trade and Economic Cooperation

February 19, 2025

Jessica Jumaway

U.S. Treasury Secretary Scott Bessent and Hungary’s Foreign Minister Peter Szijjarto met on Wednesday to discuss expanding economic and trade cooperation, reinforcing the strong partnership between the two nations. The meeting highlighted shared priorities in fostering investment opportunities and enhancing bilateral trade relations.   Secretary Bessent emphasized the growing economic ties between the U.S. and […]

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