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
International trade
The Georgia Chamber of Commerce has released its seventh report on the impact of tariffs on the state's economy, highlighting the effects of recent trade agreements on Georgia's key industries. The report, titled "Strategic Trade Shifts & Georgia's Outlook," provides an update
International trade
The US average tariff rate has surged to 20.1%, the highest level since the early 1910s, after new duties took effect. This significant increase is attributed to President Donald Trump's "reciprocal" tariffs announced in April, which briefly drove the average rate to 24.8% in
International trade
The Zimbabwean government has launched a comprehensive crackdown on the trade of second-hand clothes, citing it as a cover for drug smuggling and a threat to national security. Local Government and Public Works Minister Daniel Garwe announced the ban on the sale of second-hand clothing and night vending across the
International trade
The Irish government, led by Deputy Premier Simon Harris, has reaffirmed its commitment to banning the import of goods from Israeli settlements in the occupied Palestinian territories. This decision comes as over a dozen members of the US Congress have requested that Ireland be added to a list of countries
International trade
Chinese businesses, particularly those in Yiwu, a city in Zhejiang Province known as the "world's supermarket," are already in full swing for the 2026 FIFA World Cup, with exports of sporting goods and equipment reaching 5.86 billion yuan (about 815 million U.S. dollars) in
International trade
Preliminary results have been determined by the U.S. Department of Commerce in an ongoing administrative review of countervailing duties on phosphate fertilizers from the Russian Federation. The Commerce Department has found that Joint Stock Company Apatit, a major producer and exporter of phosphate fertilizers, has received countervailable subsidies from
International trade
The U.S. Department of Commerce has preliminarily found that countervailable subsidies were provided to a producer and exporter of common alloy aluminum sheet from Bahrain during the period of review from January 1, 2023, through December 31, 2023. This preliminary finding is part of an ongoing administrative review, and
International trade
President Donald Trump's executive order to increase taxes on imports from dozens of countries, including the European Union, Japan, and South Korea, has taken effect, marking a significant escalation in the US's global trade efforts. The new tax rates, which range from 15% to 41%, will
International trade
The Santa Teresa native community in the department of Huanuco has been officially incorporated into the national inventory of tourist resources by the Ministry of Foreign Trade and Tourism (Mincetur). This move is expected to facilitate the prioritization of public and private sector actions to transform the community's
International trade
Denmark-based shipping giant Maersk has defied historical uncertainty in global trade and market volatility by posting a stronger-than-expected second-quarter profit. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $2.3 billion, a 7.1% increase from the same period last year. Maersk's financial
International trade
The National Assembly on Thursday passed the Pakistan Land Port Authority Bill 2025, a landmark move aimed at improving cross-border trade and travel by establishing a dedicated authority to manage land ports. This legislation follows the footsteps of Bangladesh (2002) and India (2012) in establishing similar authorities. The bill, introduced
