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The European Union and the United States are intensifying trade negotiations focused on the automotive sector, with discussions covering tariff reduction, import quotas, and a proposed system of export credits designed to support cross-border manufacturing and exports, according to sources familiar with the matter.   The dialogue is part of broader efforts to finalize a […]

Brazil has reaffirmed its dedication to balanced and reciprocal trade relationships following the recent announcement by the United States to implement a 50% tariff on Brazilian exports. In response, President Luiz Inácio Lula da Silva emphasized that Brazil will act in accordance with its Economic Reciprocity Law to ensure fair treatment for its industries and […]

The Philippines is taking proactive steps to further strengthen its trade relationship with the United States by initiating negotiations to revisit recently adjusted tariff rates, according to Philippine Ambassador to Washington, Jose Manuel Romualdez.   This move reflects the country’s ongoing commitment to open dialogue and collaborative economic relations with key global partners. Ambassador Romualdez […]

July 7, 2025

Nina E.

ITC Featured Member

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Innovative Filtrex Techno Engineering India Pvt. Ltd., a proudly Indian company, continues to gain international recognition for its groundbreaking work in industrial filtration, separation, purification, and hydrogen fuel cell technologies. With a mission to redefine process efficiency and sustainability, the company has become a trusted partner for critical industries across the globe. Established in 2020 […]

July 7, 2025

ITC

News

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Innovative Filtrex Techno Engineering India Pvt. Ltd., a pioneering provider of advanced industrial filtration, separation, purification, and hydrogen fuel cell solutions, has been officially nominated for the Go Global Awards 2025. The prestigious international event will take place on November 18–19, 2025, at One Great George Street, Westminster, London.   Organized by the International Trade […]

July 4, 2025

Kristan

Supply Chain

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The introduction of Canada’s draft Modern Slavery Act in March 2025 has, perhaps predictably, sparked a mixture of anticipation and uncertainty among Canadian exporters and multinationals with ties to the Canadian market. The proposal, which would impose mandatory reporting requirements on firms with global revenues exceeding CAD 50 million, is still working its way through […]

July 3, 2025

Jessica Jumaway

India, News, Trade

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India’s services sector surged in June, recording its highest growth in ten months and highlighting the country’s robust economic momentum. The latest HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 60.4 in June, up from 58.8 in May, signaling strong expansion in business activity driven by increased demand and easing […]

Japan’s currency continues to capture the attention of global markets, with the yen presenting long-term promise amid evolving trade relations and monetary policies. While recent shifts have led some investors to temporarily adjust their strategies, the yen remains a significant pillar in international trade and financial planning.   Despite cautious signals from the Bank of […]

Uzbekistan’s gold exports have reached an impressive $6.49 billion in the first five months of 2025, marking a significant 54.8% increase compared to the same period in 2024. This surge, reported by the National Statistics Committee, highlights the country’s growing role in global trade, with gold now accounting for nearly 44% of its total export […]

In a major development for global commerce, the United States and Vietnam have finalized a bilateral trade agreement that will allow American goods to enter the Vietnamese market duty-free—a strategic move expected to benefit exporters and strengthen trade relations between the two nations.   This newly announced deal represents a significant step in addressing trade […]

In a move that highlights growing trade and investment ties in Asia and the Middle East, Saudi Arabia and Indonesia have signed a series of high-value agreements and memoranda of understanding worth approximately $27 billion. These landmark deals focus on key sectors such as clean energy, petrochemicals, mineral resources, and sustainable supply chain development.   […]

In a promising development for global trade, the United States and India are intensifying efforts to finalize a mutually beneficial trade agreement. With negotiators from both sides actively engaged in high-level discussions in Washington, there is growing optimism that a deal could be reached ahead of the July 9 target date.   The talks aim […]

Germany and the United Kingdom are preparing to sign a landmark mutual assistance pact on July 17, reinforcing their long-standing partnership with a new layer of strategic cooperation. While primarily focused on defense, this agreement carries meaningful implications for trade, economic resilience, and regional stability.   The treaty includes a mutual support clause that views […]

Northeast Asia is reinforcing its role as a key energy trade hub, with jet fuel exports to Europe reaching their highest level in nearly a year this June. This growth reflects a healthy adjustment in global trade flows, driven by competitive pricing, increased supply, and efficient logistics.   Between 350,000 and 465,000 metric tons of […]

South Korea has achieved a significant milestone in international trade, rising to become the world’s second-largest exporter of cosmetics—overtaking the United States and now trailing only behind France. This achievement reflects the country’s growing strength in high-value, innovation-driven exports and its expanding influence in global consumer markets.   Between January and April 2025, South Korea […]