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Japan has taken a proactive step in strengthening its trade relationship with the United States by formally requesting an exemption from newly imposed tariffs on steel and aluminum. Minister of Economy, Trade, and Industry Yoji Muto announced the request on Wednesday, emphasizing Japan’s commitment to fostering open trade and economic collaboration.   The U.S. recently […]

Vietnam is poised to accelerate economic growth in 2025, raising its GDP target to at least 8.0%—a testament to its expanding industrial manufacturing sector and thriving trade environment, Minister of Planning and Investment Nguyen Chi Dung announced on Wednesday.   The country’s trade-driven economy continues to gain momentum, with exports and imports expected to rise […]

South Korea’s Acting President Choi Sang-mok has called for a unified effort in parliament to approve an extra budget aimed at boosting trade and sustaining economic momentum. Emphasizing the importance of proactive financial measures, Choi highlighted the role of strategic investments in ensuring South Korea remains a competitive player in the global marketplace.   “I […]

In today’s rapidly shifting trade environment—highlighted by the United States’ recent 10% tariffs on Chinese imports and China’s retaliatory actions—businesses of all sizes are feeling the pressure to rethink their supply chain structures. One of the most effective solutions to mitigate these risks is diversification: spreading sourcing, production, and logistics operations across multiple regions or […]

The United States set a new record for containerized imports in January, reflecting strong trade momentum and supply chain resilience. According to supply chain technology provider Descartes, U.S. seaports handled 2.49 million twenty-foot equivalent units (TEUs), surpassing the previous January record set in 2022.   Trade flows with China played a significant role in this […]

February 8, 2025

Nina E.

Events

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Dallas, TX – Procurement professionals and industry leaders will convene at The Ritz-Carlton Dallas, Las Colinas, for the Chief Procurement Officer Summit 2025 on April 28-29. This exclusive, invitation-only event aims to foster meaningful discussions, facilitate networking opportunities, and address the evolving challenges within procurement and supply chain management. The summit will bring together senior […]

Poland has successfully begun exporting apples to Indonesia, marking a significant milestone in the country’s trade relations with Jakarta. The first shipment of Polish apples arrived as part of the “Garden of Europe” promotional campaign, an initiative co-funded by the European Union (EU) to boost fruit exports to international markets, including Indonesia.   Poland, known […]

The Philippines has made strategic moves to ensure the stability of its onion supply while fostering trade growth, with Agriculture Secretary Francisco Tiu Laurel Jr. authorizing the importation of 3,000 metric tons of red onions and 1,000 metric tons of white onions. These shipments, expected to arrive within the next two weeks, will help maintain […]

Vietnam’s coffee export sector has started 2025 with impressive momentum, as the country exported 154,635 tonnes of coffee in January, generating a substantial $799.5 million in revenue. This performance highlights the country’s growing role as a key player in global trade, further solidifying its position in the international coffee market.   Green coffee exports, which […]

The United States Navy recently announced that defense forces from Australia, Japan, the Philippines, and the US will join forces for maritime activities within the Philippines’ exclusive economic zone on February 5. This joint initiative is focused on enhancing operational coordination and interoperability among the participating nations, reaffirming their commitment to regional maritime security.   […]

In a recent phone conversation, the Prime Minister of the United Kingdom and the Prime Minister of Canada discussed the importance of international trade and collaboration. According to a Downing Street readout, the UK Prime Minister emphasized his support for global dialogues centered on trade, noting the value of working together with allied nations.   […]

U.S. bulk agricultural exports saw remarkable growth in 2024, as global importers leveraged competitive prices and abundant supply. This surge highlights the resilience and adaptability of U.S. agricultural trade, strengthening partnerships across key markets and opening new avenues for expansion.   Despite a decline in purchases from China, U.S. bulk agricultural exports by volume jumped […]

Mexico and the United States have reaffirmed their commitment to ongoing economic dialogue, focusing on strengthening regional supply chains and improving the traceability of foreign investment. This development follows a high-level meeting at the White House, where officials from both nations discussed strategies to enhance trade relations and economic cooperation.   Deputy Foreign Trade Minister […]

Thailand has emerged as the leading exporter of dairy products in ASEAN, with its dairy exports achieving an impressive 11.5% growth in 2024. This growth resulted in a total export value of $582 million (19.623 billion baht), showcasing the nation’s growing influence in the global dairy market.   The surge in exports has been particularly […]