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The U.S. administration is weighing a plan to reallocate at least $2 billion from the CHIPS and Science Act to support critical minerals projects, according to sources familiar with the discussions. The move would also expand the role of Commerce Secretary Howard Lutnick in overseeing funding for the sector.   The proposal would divert funds […]

South Korea is turning to cultural exports as a new driver of growth, as traditional manufacturing faces challenges from global protectionist measures.   The Korean Wave, or Hallyu, continues to make an impact worldwide, with music, films, television shows, literature, and games gaining international recognition. Notable achievements in recent years include an Oscar-winning film, globally […]

Available at: https://tradecouncil.org/beyond-borders-women-shaping-global-trade/   Singapore / New Delhi – August 2025 – The International Trade Council (ITC), in partnership with the Association of Business Women in Commerce & Industry (ABWCI), proudly announces the release of Beyond Borders: Women Shaping the Past, Present, and Future of Global Trade. This landmark publication is available for free download […]

Singapore / New Delhi / London / Vilnius/Ottawa/Tallinn — August 20, 2024 — The International Trade Council (ITC), the International Centre for Trade Transparency (ICTTM), and the Association of Business Women in Commerce & Industry (ABWCI) have signed a Memorandum of Understanding (MOU) during a virtual ceremony hosted by ABWCI. The partnership sets out a […]

August 20, 2025

Jessica Jumaway

News, Vietnam

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Vietnam is increasingly positioning itself as one of Asia’s fastest-growing economies, with significant investments and reforms designed to boost long-term competitiveness, according to recent reports from Thai media.   The Vietnamese government has unveiled a national development plan valued at approximately 1.5 trillion THB (48.7 billion USD). The initiative includes 250 infrastructure and housing projects […]

August 20, 2025

Jessica Jumaway

China, India, News

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China’s recent easing of export restrictions on fertilizers, rare earths, and tunnel-boring machines to India has been welcomed as a positive step. However, a new report from the Global Trade Research Initiative (GTRI) emphasizes that self-reliance remains India’s most effective safeguard against its widening trade deficit with China.   The report noted that India’s economic […]

August 20, 2025

Jessica Jumaway

News, United States

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The United States Department of Commerce has announced an expansion of tariffs on steel and aluminium, extending duties to more than 400 additional product categories. The move will affect a wide range of goods including wind turbines, mobile cranes, bulldozers, railcars, furniture, compressors, pumps, and certain automotive and electric vehicle components.   According to the […]

Instant access to live duty rates, rules of origin, and compliance guidance—now freely available   London, United Kingdom — August 7, 2025 — Alinea Customs today unveiled its Free Global Tariffs & Rules Lookup Tool, providing exporters and investors worldwide with real-time insights into import/export duties, preferential trade-agreement provisions, and customs requirements. No registration is […]

China’s trade and investment flows with developing nations in the Global South have accelerated in recent years, according to research published by S&P Global. The report noted that Chinese goods exports to countries in Southeast Asia, Latin America, and the Middle East have doubled over the past decade, outpacing growth in shipments to the US […]

August 19, 2025

Jessica Jumaway

Canada, Europe, News, Trade

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Canadian Industry Minister Mélanie Joly is visiting Sweden this week to meet with Saab AB and Ericsson, with plans to explore investment opportunities and deepen economic cooperation. The visit also includes discussions on a potential economic partnership between Canada and Sweden, according to officials familiar with the plans.   Talks are expected to cover a […]

August 19, 2025

Jessica Jumaway

China, India, News, Trade

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Indian Foreign Minister Subrahmanyam Jaishankar and Chinese Foreign Minister Wang Yi met on Monday to discuss trade, connectivity, and bilateral cooperation, alongside ongoing dialogue on maintaining stability at the border.   “We had productive conversations on our economic and trade issues, pilgrimages, people-to-people contacts, river data sharing, border trade, connectivity, and bilateral exchanges,” Jaishankar said […]

Germany stated on Monday that the United States would need to implement agreed reductions in tariffs on Europe-made cars before a broader trade agreement between the European Union and the US can be finalized in writing.   “In particular, car tariffs must be reduced quickly as agreed. We are also aware of the considerable burden […]