International trade
China's commerce minister, Wang Wentao, has reviewed the key achievements of the country's business development since the start of the 14th Five-Year Plan. Despite facing numerous challenges, China's economy has withstood shockwaves and demonstrated resilience. The progress of major target indicators in various fields
International trade
As the global economy navigates trade uncertainty, Investec PLC and Ltd has positioned itself robustly against external shocks. In its 2025 annual financial report, Chief Executive Officer Fani Titi emphasized the group's ability to absorb losses and withstand financial distress, citing a higher Common Equity Tier 1 (CET1)
International trade
The China International Supply Chain Expo (CISCE) opened in Beijing, bringing together 651 companies and organizations from 75 countries, regions, and international organizations. The expo, themed "Connecting the World, Creating the Future," aims to promote global cooperation and showcase new technologies, products, and services across various supply chain
International trade
Washington's decision to impose additional tariffs on European Union (EU) and Mexican exports has sent shockwaves through the global economy, prompting European officials and experts to call for diversification of trade markets to mitigate the damage. The 30 percent tariffs, announced by U.S. President Donald Trump, are
International trade
In a significant victory for U.S. manufacturers of golf carts and low-speed personal transportation vehicles (LSPTVs), the U.S. International Trade Commission (ITC) has issued an affirmative final determination in the antidumping duty (AD) and countervailing duty (CVD) investigations on LSPTVs from China. The Commission found that domestic producers
International trade
US President Donald Trump has unveiled plans to notify more than 150 countries that they may soon be subjected to new US tariff rates ranging between 10% and 15%. This move marks a significant escalation of Trump's protectionist economic agenda, aimed at reducing the US trade deficit and
International trade
The U.S. Department of Justice (DOJ) has been given the green light to pursue False Claims Act (FCA) lawsuits against companies for customs fraud, thanks to a significant Ninth Circuit decision, United States ex rel. IslandIndustries Inc. v. Sigma Corp., No. 2255063, __ F.4th __ (9th Cir. June 23, 2025)
International trade
The UK Department for Transport has decided to block Chinese electric car manufacturers from a new grant scheme, citing environmental concerns. The Electric Car Grant scheme aims to reduce the purchase price of new electric vehicles by up to PS3,750 for vehicles costing up to PS37,000. However, the
International trade
The World Trade Organization's (WTO) Global Trust Fund has received a significant contribution of GBP 750,000 from the United Kingdom to support its training activities, with a particular focus on services. This donation will help developing economies and least developed countries (LDCs) deepen their expertise on WTO
International trade
As President Trump's tariffs continue to affect the economy, economists say the effects are starting to show up in subtle ways. Despite initial warnings of dire consequences, including higher prices and rising unemployment, inflation remains muted and the job market remains strong. However, economists expect the evidence to
International trade
The U.S. Department of Commerce International Trade Administration has issued a notice indicating that Gujarat Fluorochemicals Ltd., India, preliminarily sold granular polytetrafluoroethylene resin at less than its normal value in the U.S. The administrative review covered the period of March 1, 2023, through February 29, 2024, and was
International trade
The U.S. Department of Commerce International Trade Administration has made preliminary findings in an administrative review concerning organic soybean meal from India. The review period spanned from May 1, 2023, through April 30, 2024, during which Tejawat Organic Foods sold organic soybean meal at less than fair value. This
