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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 […]

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 […]

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 […]

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 […]

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 […]

Taiwan continues to maintain active and close communication with the United States regarding ongoing tariff discussions, according to a recent statement from the island’s government.   Recognized globally as a hub for advanced semiconductor production, Taiwan has played a vital role in strengthening global supply chains. In April, the U.S. government announced a temporary 90-day […]

Vietnamese companies are set to deepen agricultural trade ties with the United States by signing memorandums of understanding to purchase $2 billion worth of US farm products, according to Vietnam’s Ministry of Agriculture.   The agreements are being formalized during an official visit to the United States by a delegation of 50 Vietnamese firms led […]

Canada’s steel sector is reaffirming its commitment to fair and open trade in light of the recent announcement from the United States regarding an increase in tariffs on imported steel and aluminum to 50% starting June 4.   Industry leaders view this as an opportunity to advocate for strengthened policies that support Canadian competitiveness and […]

June 2, 2025

Jessica Jumaway

China, News, Trade

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China’s manufacturing sector is undergoing a period of adjustment, reflecting evolving global trade dynamics and signaling opportunities for recalibration and resilience in international commerce.   According to the Caixin/S&P Global manufacturing Purchasing Managers’ Index (PMI), the reading for May stood at 48.3—slightly below the growth threshold but indicative of proactive shifts within the industry. While […]

 High-level discussions between the United States and China are expected to resume soon, as both countries seek to resolve trade concerns surrounding critical minerals, according to senior officials.   U.S. Treasury Secretary Scott Bessent confirmed over the weekend that President Donald Trump and Chinese President Xi Jinping are preparing for a call aimed at addressing […]

South Korea’s Ministry of Trade, Industry and Energy has announced proactive steps to address the upcoming 50% U.S. tariff on imported steel products. The government is committed to minimizing disruption to its domestic steel industry through continuous dialogue and trade negotiations with Washington.   The tariff hike, set to take effect this Wednesday, marks a […]

May 30, 2025

Jessica Jumaway

China, News, Trade

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China’s manufacturing sector continues to show resilience and adaptability amid a shifting global landscape, with the May Purchasing Managers’ Index (PMI) projected to rise to 49.5, up from April’s 49.0, according to a Reuters poll. While still just below the neutral 50-point mark, the improvement highlights gradual progress and the economy’s ability to respond positively […]

In a notable step toward strengthening transatlantic trade ties, Germany and the United States are engaged in constructive and transparent discussions focused on tariff matters. These ongoing talks reflect a spirit of cooperation and mutual understanding, which is essential in today’s evolving global trade landscape.   According to recent updates, the dialogue has been described […]

Thailand’s economy gained fresh momentum in April, fueled by a rebound in exports and renewed strength in its manufacturing sector, the Bank of Thailand (BOT) reported. This promising performance underscores the country’s growing trade resilience and its proactive efforts to navigate global market shifts.   Export growth—up 9.9% year-on-year—played a central role in driving manufacturing […]