Posts Tagged ‘InternationalRelations’

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, 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 […]

China, News, Trade, United States

June 1, 2025

ך  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 […]

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 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 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 […]

Canadas 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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

The Philippine pineapple industry is on an upward trajectory, with global exports reaching approximately USD 787.12 million in 2024 a 7.5% increase from the previous year, according to the Philippine Statistics Authority.   China remained the top destination, importing USD 183.43 million worth of pineapples and related products. The Department of Agriculture (DA) anticipates continued […]

At the FT Commodities Global Summit in Lausanne, Switzerland, industry leaders expressed confidence in a well-supplied global oil market, reinforcing stability for international trade and economic growth. Executives emphasized that balanced production levels and efficient supply chains are contributing to steady pricing trends, supporting businesses and industries worldwide.   With additional supply expected in the […]