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

2021 Go Global Awards Judging Panel Announced

June 17, 2021

Daisy

2021 Go Global Awards Judging Panel Announced   For Immediate Distribution Washington, DC (USA). The International Trade Council (www.tradecouncil.org) is pleased to announce the 2021 panel of judges for the upcoming Go Global Awards. The annual awards program, officially taking place from late July onwards, will see fourteen new judges this year, reviewing applications from […]

International Trade Council welcomes UK’s trade deal with Norway, Iceland, and Liechtenstein

June 4, 2021

Daisy

The International Trade Council (ITC) welcomes the recent post-Brexit trade agreement between the UK, Norway, Iceland, and Liechtenstein, which will greatly benefit trade between the four non-EU nations, already valued at £21.6bn. The UK’s international trade secretary, Liz Truss, said the deal would be “a major boost for our trade…while supporting jobs and prosperity in […]

President Biden expands US investment ban on Chinese firms

June 3, 2021

Daisy

Washington, DC – US President Joe Biden has signed an executive order banning Americans from investing in 59 Chinese tech and defence firms, including communications giant Huawei. This expands the previous list of 31 firms to include surveillance companies, ensuring that US persons are not financing the military industrial complex of the People’s Republic of […]

International Trade Council commends the ‘candid and pragmatic’ meeting between US and China trade officials

May 27, 2021

Daisy

The International Trade Council (ITC) welcomes the recent virtual meeting between the top trade negotiators of the United States and China. Katherine Tai, the US Trade Representative, and Chinese Vice Premier Liu He had “candid, pragmatic, and constructive exchanges with an attitude of equality and mutual respect” according to a statement released by the Chinese […]

International Trade Council concerned over China’s suspension of economic dialogue with Australia

May 6, 2021

Daisy

The International Trade Council has expressed concern over China’s decision to “indefinitely” suspend key economic dialogue with Australia, calling it the latest in a growing diplomatic rift between both countries. This move has escalated tensions between Australia and China, which have been on the decline since Australia called for a probe into the origins of […]

International Trade Council Hails Ratification of EU-UK Trade Deal

April 28, 2021

Daisy

The International Trade Council has hailed the European Parliament’s decision to ratify the post-Brexit EU-UK Trade and Cooperation Agreement (TCA) as a key move to ensure tariff- and quota-free trade continues between the two sides. MEPs voted overwhelmingly in favour of the deal by 660 votes to 5, while 32 abstained. The TCA has been […]

Potential Months-Long Disruption at European Ports Due to Suez Canal Blockage

March 31, 2021

Daisy

The International Trade Council announces potential long-term disruptions at European ports resulting from the recent six-day blockage in the Suez Canal by the Ever Given vessel. Despite the successful freeing of the ship, there may be months of residual impact on shipments arriving in the EU. According to the Port of Antwerp, Europe’s second busiest […]

International Trade Council celebrates as US and EU agree to suspend tariffs in Boeing-Airbus trade dispute

March 5, 2021

Daisy

The International Trade Council (ITC) welcomes the decision by the United States and the European Union to temporarily suspend the tariffs on each other’s goods, which were imposed as retaliation over subsidies provided to Airbus and Boeing, respectively. The four-month suspension, which affects billions of dollars’ worth of goods, including wine, cheese, and tractors, comes […]

China Failing to Meet Trade Deal Targets with US

January 22, 2021

Daisy

The International Trade Council has expressed concern over China’s shortfall in meeting its commitment to purchase an extra $200 billion worth of US goods over 2020 and 2021. This commitment was part of a phase one trade deal aimed at resolving the trade war between the world’s two largest economies.   The agreement saw China […]

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