International trade
China's Ministry of Commerce has initiated an anti-dumping investigation into imported pea starch from Canada, citing evidence of dumped imports at prices below domestic levels, which has caused operational difficulties and losses for the domestic industry. The probe was launched in response to an application from domestic enterprises
International trade
A bitter trade dispute between Canada and China is intensifying, with Beijing slapping 75.8% tariffs on Canadian canola seed following Ottawa's 100% tariffs on Chinese-made electric vehicles. The reciprocal measures have sent ripples throughout the market, particularly among the 40,000 canola farmers across the country, who
International trade
The Ministry of Commerce has initiated an anti-dumping investigation into imported canola from Canada, citing evidence of government subsidies and preferential policies in the Canadian agricultural sector. The investigation found that these policies lead to overcapacity, distorting market supply and demand, and resulting in a dumping margin of 75.8%
International trade
India has imposed a new trade restriction on Bangladesh, barring the import of select jute products via land routes. The directive, issued by the Directorate General of Foreign Trade (DGFT), restricts the import of jute and jute-based fabric, jute rope or cordage, rope or cordage made from jute products, and
International trade
Over the past three decades, trade between the United States and China has not only enriched both nations but has also led to a substantial increase in living standards for ordinary citizens. The reciprocal trade has been a cornerstone of economic growth, allowing each country to exploit its comparative advantage
International trade
The United States lumber industry has expressed concerns that a new financial support package pledged by Canada to its domestic forestry companies will deepen the long-standing trade dispute between the two nations. The package, announced by Prime Minister Mark Carney, provides up to $1.2 billion in loan guarantees, grants,
International trade
As the recent decision by US President Donald Trump to impose a 50% tariff on Indian imports sends shockwaves through the global economy, it marks a turning point not only in US-India relations but in the world's economic and geopolitical landscape. India, now the world's most
International trade
President William Ruto addressed concerns raised by Kenyan exporters regarding tax policies and fees that were hindering their competitiveness in international markets. The meeting was aimed at resolving emerging policy bottlenecks that were making Kenyan-made goods uncompetitive in international markets. Key takeaways from the meeting include the following: Key Takeaways:
International trade
The US has adopted a new trade strategy, dubbed the "Turnberry system," which will give priority to its own national interests over multilateral institutions. According to US Trade Representative Jamieson Greer, the new system will allow countries to realign their economic and national security interests and rebalance trade
International trade
Landlocked countries face significant obstacles when it comes to accessing international markets and conducting trade. These nations rely on neighboring countries for maritime access, which can lead to increased transportation costs, congestion, and delays. Ethiopia, a landlocked country, pays Djibouti almost $2 billion per year for port services, accounting for
International trade
Former US National Security Advisor John Bolton has expressed concern that President Donald Trump's tariffs on India could have far-reaching and negative consequences for US strategic interests in the region. Speaking to CNN, Bolton highlighted the perceived contradiction in Trump's trade policy, where India is being
International trade
The U.S. Department of Commerce International Trade Administration has concluded that Oman's common alloy aluminum sheet was sold at less than its standard value, affecting Oman Aluminium Rolling Co. (OARC). This determination could result in duties being placed on the product to offset the price difference. The
