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February 18, 2025

Jessica Jumaway

News, Taiwan, Trade

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Taiwanese electronics companies are set to make significant investments in Texas, marking a new chapter in expanding U.S.-Taiwan trade relations. The announcements, expected to take place in May, are poised to further strengthen the economic ties between the two nations, especially in the tech sector.   Richard Lee, chairman of the Taiwan Electrical and Electronic […]

Thailand has solidified its position as the world’s leading exporter of dried fruit to China, with exports rising by an impressive 10.22% in the first 10 months of 2024. According to the Department of International Trade Promotion (DITP), Thai dried fruit sales to China reached $125.64 million (4.24 billion baht), a clear testament to the […]

The United States is shifting its view of trade relations with the United Kingdom, marking an encouraging step toward stronger bilateral ties. British Business Secretary Jonathan Reynolds highlighted that the U.S. now sees the UK’s trade relationship in a new, positive light, appreciating the balance between both economies. This shift reflects growing opportunities for collaboration […]

Indonesia is taking a bold step toward enhancing its financial stability and economic resilience with the introduction of a new export regulation that is expected to add $80 billion to the nation’s foreign exchange reserves. Signed by President Prabowo Subianto, the regulation requires exporters of natural resources, excluding oil and gas, to retain their earnings […]

In a move aimed at fostering greater economic cooperation, Cook Islands Prime Minister Mark Brown announced plans to release the full details of a newly signed strategic trade partnership agreement with China. The agreement, which includes a $4 million grant from China, is part of a broader effort to enhance bilateral cooperation in areas such […]

Identifying Cost-Effective Manufacturing Locations to Mitigate Tariffs   As trade tensions persist and new tariffs emerge, businesses importing goods from China find themselves navigating a more complex and expensive landscape. To stay profitable and flexible, many organizations have begun exploring alternative manufacturing locations outside of China—particularly in Vietnam, India, Bangladesh, Sri Lanka, Brazil, Argentina, and […]

In an effort to support South Korean exporters, Acting President Choi Sang-mok announced a landmark plan to provide 360 trillion won (approximately $249.3 billion) in trade policy financing. The initiative aims to help businesses navigate the challenges posed by evolving global trade dynamics and increasing pressures from U.S. tariff policies.   At a cabinet meeting […]

The recent imposition of additional 10% tariff on Chinese imports into the United States, along with the potential removal of the de minimis exemption of $800 per package from China, will significantly alter global trade patterns. As tariffs increase costs for U.S. importers and small shipments become subject to customs duties, there is a growing […]

The spotlight is set to shine on Singapore as DELIVER Asia, the premier networking event for retail and supply chain innovation, debuts on 5+6 March 2025, bringing together the region’s trailblazers to tackle the industry’s most pressing challenges. This elite event connects 200+ senior retail executives, all with active logistics projects, with 30+ cutting-edge solution […]

Scottish salmon exports have soared to an all-time high of £844 million in 2024, marking an impressive 45% increase from the previous year. This milestone underscores the strong global demand for high-quality seafood and strengthens Scotland’s position as a key player in international trade.   New data from HMRC reveals that Scottish salmon exports reached […]

The United States and India have reaffirmed their commitment to expanding bilateral trade, setting an ambitious target of reaching $500 billion by 2030. This milestone reflects the strengthening economic relationship between the two nations and their shared vision for a more integrated and dynamic global trade landscape.   Following high-level discussions in Washington, Indian Prime […]

Singapore’s economy ended 2024 with robust growth, showcasing the strength of its trade and investment sectors. The nation recorded a 5.0% expansion in the fourth quarter, exceeding earlier projections and demonstrating strong global trade activity. For the full year, Singapore’s economy grew by 4.4%, more than doubling its 2023 growth of 1.8%.   The Trade […]

Thailand’s economy is experiencing its strongest growth in over two years, fueled by a vibrant trade sector and a flourishing tourism industry. Recent data highlights the country’s resilience and ability to capitalize on global market opportunities.   According to a February 6-12 poll of 15 economists conducted by Reuters, Thailand’s gross domestic product (GDP) is […]

February 13, 2025

Jessica Jumaway

Global Trade, News, Taiwan

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Taiwan President Lai Ching-te is set to convene a meeting of the National Security Council on Friday to explore new trade opportunities and strengthen economic ties with the United States amid discussions on potential tariff adjustments, according to sources familiar with the matter.   The Taiwanese presidential office has not provided comments regarding the meeting. […]

Brazil is actively engaging in constructive dialogue with the United States following the recent announcement of a 25% tariff on steel and aluminum imports. Vice President Geraldo Alckmin expressed optimism about maintaining a strong trade relationship and highlighted quotas as a practical alternative to tariffs, fostering economic collaboration between both nations.   Brazil remains a […]