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Posts Tagged ‘InternationalRelations’

U.S. Announces 50% Tariff Increase on Steel and Aluminum Imports to Strengthen Domestic Industry

News, Trade Policy, United States

June 3, 2025

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 Strengthens Dialogue with United States on Tariff Discussions

News, Taiwan, Trade Policy

June 3, 2025

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 […]

Vietnam to Strengthen Agricultural Trade with the US Through $2 Billion Agreements

Agricultural Trade, News, Trade Agreements, Vietnam

June 3, 2025

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 Industry Highlights Need for Trade Balance and Stronger Market Access

Canada, International Trade, News

June 3, 2025

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 […]

China’s Manufacturing Adjusts Amid Shifting Trade Landscape

China, News, Trade

June 2, 2025

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 […]

Leaders of U.S. and China Expected to Hold Dialogue on Critical Minerals Trade

China, News, Trade, United States

June 1, 2025

 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 Engages in Trade Talks to Address U.S. Steel Tariff Impact

News, South Korea, Trade Policy

June 1, 2025

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 […]

Thailand’s Trade-Driven Recovery Strengthens Economic Outlook

International Trade and Economic, News, Thailand

May 30, 2025

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 […]

Canada’s Trade-Led Growth Beats Expectations, Boosting Economic Optimism

Canada, International Trade and Economic, News, Trade Relations

May 30, 2025

Canada’s economy delivered a strong performance in the first quarter of 2025, expanding by 2.2% on an annualized basis and surpassing economists’ expectations. The growth was powered primarily by a surge in exports and a rise in business investments—clear indicators of Canada’s increasing strength and reliability in global trade.   A 1.6% jump in exports […]

Germany’s New Chancellor to Strengthen U.S. Trade Ties in First Washington Visit

Germany, News, Trade Relations

May 30, 2025

 Germany’s newly appointed Chancellor, Friedrich Merz, is set to visit Washington on Thursday for a high-level meeting with the U.S. President Donald Trump, marking his first official trip to the United States since taking office on May 6.   This milestone visit underscores both nations’ shared commitment to revitalizing transatlantic trade relations and deepening economic […]

Japan Strengthens Trade Strategies Following U.S. Auto Tariff Developments

International Trade, Japan, News

March 26, 2025

Japan is taking proactive steps to ensure stability and strengthen its trade relations following the U.S. government’s announcement of a 25% tariff on automobile imports. Prime Minister Shigeru Ishiba reaffirmed Japan’s dedication to fostering strong economic ties and supporting industries that contribute significantly to global trade.   As one of the largest investors in the […]

U.S. Auto Tariff Policy Sparks Opportunities in Global Trade

News, Trade Policy, United States

March 26, 2025

The recent announcement of a 25% tariff on imported cars and light trucks in the United States is set to reshape the global automotive trade landscape. This policy aims to enhance domestic manufacturing while also encouraging international businesses to explore new trade partnerships and investment strategies.   Industry experts see this as a potential catalyst […]

Nepal Strengthens Trade with Growing Edible Oil Exports

Agricultural Exports, Nepal, News

March 26, 2025

Nepal’s international trade sector continues to show resilience and growth, driven by a surge in edible oil exports. Over the past eight months, the country has exported processed cooking oil worth approximately Rs 56 billion, reinforcing its position as a key player in regional trade.   By importing raw materials and enhancing value through domestic […]

China’s Garlic Industry Strengthens Global Trade as Production Remains Stable

Agricultural Exports, China, News

March 26, 2025

China’s garlic industry continues to thrive, with stable production and strong export performance reinforcing its position as a key player in global trade. Despite early-year weather fluctuations, industry experts remain optimistic about a robust harvest, ensuring consistent supply to international markets.   Major garlic-producing regions, including Shandong Province, experienced cold waves and snowfall earlier this […]

Vietnam’s Coconut Exports Thrive as Global Demand Surges

Agricultural Exports, News, Vietnam

March 26, 2025

Vietnam’s coconut industry is experiencing remarkable growth as strong international demand and expanding market access drive increased exports. With rising global interest, particularly from key markets in Asia and North America, coconut prices have seen a significant increase, benefiting local producers and strengthening Vietnam’s position in the global trade network.   In Ho Chi Minh […]

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