Become a Member

News

Download Our Latest International Trade Reports

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

New Disputes Surface Ahead of U.S.-China Trade Talks in London, Highlighting Areas for Progress

June 8, 2025

Jessica Jumaway

U.S.-China trade talks scheduled this week in London present a valuable opportunity to address a series of ongoing disputes that have shaped recent relations, with the aim of reinforcing the current tariff truce and promoting constructive dialogue. Following the important 90-day suspension agreement reached in Geneva last month—temporarily pausing most tariffs exceeding 100%—both sides […]

Japan’s First Quarter GDP Contraction Narrows, Reflecting Consumption Resilience and Strategic Trade Outlook

June 8, 2025

Jessica Jumaway

Japan’s economy displayed encouraging signs in the first quarter of 2025, with revised government data showing a smaller contraction than initially reported. This improvement highlights steady domestic consumption and underscores Japan’s strategic approach amid evolving global trade dynamics. According to updated figures from the Cabinet Office, Japan’s gross domestic product shrank at an annualized […]

Taiwan Official Explores New Energy Trade Opportunities During Alaska Visit

June 7, 2025

Jessica Jumaway

A senior official from Taiwan recently visited the site of a major natural gas development project in Alaska, signaling strengthened cooperation and growing trade prospects between Taiwan and the United States. Pan Men-an, Secretary-General to Taiwan President Lai Ching-te, attended a high-level energy conference in Alaska upon the invitation of United States Secretary of […]

South Korea and U.S. Commit to Accelerating Tariff Agreement for Stronger Trade Ties

June 6, 2025

Jessica Jumaway

South Korea’s newly elected President Lee Jae-myung and U.S. President Donald Trump have agreed to work toward a timely and mutually beneficial tariff agreement, reflecting both nations’ commitment to strengthening bilateral trade and economic collaboration. In their first official phone call following President Lee’s election, the two leaders expressed a shared vision for reaching […]

Leveraging the UK’s Modern Slavery Amendment (2024) for Supply Chain Transparency

June 6, 2025

Leveraging the UK’s Modern Slavery Amendment (2024) for Supply Chain Transparency

The UK’s Modern Slavery Amendment Act (2024), in force since January, brings a notable shift in how businesses are expected to manage modern slavery risks in their operations and supply chains. While the 2015 Act was largely about disclosure, the amendment pushes firms toward more active due diligence — a move that, depending on one’s […]

New Labor Agreements Secure Stability for Canadian Rail, Boosting International Trade

June 5, 2025

Jessica Jumaway

Canada’s rail transport sector is set for enhanced stability following the successful conclusion of new labor agreements with two key rail unions. These multi-year contracts, effective from January 1, 2024, to December 31, 2027, were established through arbitration and mark a significant step forward in ensuring uninterrupted rail service—an essential component of cross-border and global […]

Global Trade Adapts to Rare Earth Export Shifts as Industry Looks to Diversify

June 4, 2025

Jessica Jumaway

China’s recent adjustments to rare earth exports are reshaping global supply chains, prompting businesses and trade leaders to explore diversification strategies and strengthen supply resilience across the automotive and manufacturing sectors. Rare earth minerals—essential to electric vehicle motors, semiconductors, renewable energy technologies, and more—have long been central to global industry. China’s move in April […]

U.S. Enhances Export Oversight to Strengthen Strategic Trade Relations

June 4, 2025

Jessica Jumaway

In a move aimed at reinforcing responsible global trade practices, Energy Transfer announced that it received a letter from the U.S. government requiring a license for ethane exports to China. The company is proactively working to secure emergency authorization to continue its shipments, highlighting its commitment to compliance and partnership in international trade. This […]

Vietnam’s Export Growth Accelerates in May, Trade Surplus Strengthens

June 4, 2025

Jessica Jumaway

Vietnam’s export sector continues to demonstrate strong momentum, with May exports rising 14% year-over-year, according to the latest government data. This robust growth contributed to a significant trade surplus of $4.67 billion for the month, underscoring Vietnam’s expanding role in global trade. The export surge reflects efforts by Vietnamese firms to optimize shipments ahead […]

US and India Progress Toward Trade Agreement as Bilateral Talks Continue

June 3, 2025

Jessica Jumaway

The United States and India are making steady progress toward finalizing a major trade agreement that could significantly enhance economic cooperation between the two nations. Speaking at the US India Strategic Partnership Forum in Washington, the US Commerce Secretary shared optimism that a mutually beneficial deal may be reached soon. Ongoing negotiations focus on […]

Peru Welcomes U.S. Trade Delegation to Strengthen Agricultural Partnership

June 3, 2025

Jessica Jumaway

Peru is set to host a high-level trade mission led by the United States Department of Agriculture from June 9 to 12, 2025. This collaborative initiative aims to boost agricultural exports, enhance market access, and build stronger trade relations between Peru and the United States. The mission brings together more than 50 representatives from […]

Vietnam’s Auto Market Recovery Accelerates, Unlocking Opportunities for Thai Exporters

June 3, 2025

Jessica Jumaway

Vietnam’s automotive sector is regaining momentum in early 2025, with rising vehicle sales and growing consumer confidence setting the stage for greater trade engagement. According to the Department of International Trade Promotion (DITP) through its Office of Commercial Affairs in Hanoi, the Vietnamese auto market is showing clear signs of recovery, offering promising export prospects—particularly […]

India and EU Accelerate Trade Talks with Nearly Half of Agreement Chapters Finalized

June 3, 2025

Jessica Jumaway

In a promising step toward strengthening global trade ties, India and the European Union have reached consensus on nearly half of the chapters under negotiation for a comprehensive free trade agreement. This progress signals renewed optimism that the two economic powerhouses may finalize the deal by the end of the year. Negotiators have already […]

UK and U.S. Officials to Advance Bilateral Tariff Agreement and Trade Cooperation

June 3, 2025

Jessica Jumaway

In a continued push to strengthen transatlantic trade ties, UK Trade Minister Jonathan Reynolds is set to meet with U.S. Trade Representative Jamieson Greer in Paris this week to discuss the next steps in implementing a bilateral tariff agreement aimed at enhancing market access and improving trade flows between the two economies. This engagement […]

U.S. Announces 50% Tariff Increase on Steel and Aluminum Imports to Strengthen Domestic Industry

June 3, 2025

Jessica Jumaway

The United States has confirmed plans to raise tariffs on nearly all imported steel and aluminum to 50%, effective Wednesday. The move is aimed at enhancing national industrial capacity and safeguarding domestic producers across key manufacturing sectors. According to the recent presidential proclamation, the tariff increase seeks to counter the continued influx of low-cost […]

Indonesia Moves Forward with U.S. Tariff Preferences Ahead of Key Trade Talks

June 3, 2025

Jessica Jumaway

Indonesia has announced its commitment to provide a list of preferred tariff arrangements on U.S. goods in preparation for the second round of trade discussions with the United States set to take place later this month. This initiative marks an important step in strengthening trade relations between the two economies. In 2024, the United […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.

About

Resources

Legal

© 2025 - International Trade Council. A Peak-Body, International, Chamber of Commerce.

Important Disclaimer: The International Trade Council is not affiliated in any way with the International Trade Centre. The International Trade Centre is a joint subsidiary organ of the United Nations (acting through UNCTAD) and the World Trade Organization. The International Trade Council is an independent peak-body chamber of commerce acting on behalf of its member businesses and governments. If you are looking for the International Trade Centre, please visit www.intracen.org.