International trade
The global economy is expected to experience a slowdown in the second half of 2025 due to the impact of tariffs imposed on the United States' trading partners, according to CGS International Securities Malaysia Sdn Bhd. While China has been hit the hardest, other US allies such as Canada,
International trade
As the July 9 deadline approaches, dozens of countries are racing to negotiate trade deals with the United States to avoid sharply higher tariffs. US President Donald Trump has announced a 90-day pause on steepest tariffs and indicated that trade partners that fail to reach deals will face higher tariffs,
International trade
In a significant victory for U.S. producers of hardwood and decorative plywood (HWDP), the U.S. International Trade Commission (ITC) has found that imports from China, Indonesia, and Vietnam are materially injuring the U.S. HWDP industry. The Commission's vote comes in response to petitions by Wiley
International trade
The Ninth Circuit Court of Appeals has ruled that private parties can use the False Claims Act (FCA) to combat customs fraud, alongside the government's historically relied upon penalty provisions of the Tariff Act. This decision has opened the door to increased scrutiny of importers by private qui
International trade
Vietnam's Ministry of Industry and Trade has implemented anti-dumping duties on certain hot-rolled steel products from China to safeguard the country's domestic steel industry. The duties, ranging from 23.1% to 27.8%, will be in effect for five years and apply to flat-rolled steel or
International trade
As the BRICS leaders meeting in Rio de Janeiro on Sunday, they are expected to condemn US President Donald Trump's "indiscriminate" trade tariffs, deeming them illegal and a threat to the global economy. The emerging nations have united over "serious concerns" about US import
International trade
The European Union is bracing for punishing tariffs from the United States, set to take effect on Monday, in a move that economists warn will have far-reaching consequences for companies and consumers on both sides of the Atlantic. The trade dispute, sparked by the Trump administration's efforts to
International trade
India is urging the United States to lower high import duties on its leather, footwear, and textile exports, which have long been limited by tariffs as high as 48% in the US. The Indian delegation has raised concerns about pending approvals in the pharmaceutical sector, visa-related challenges for Indian professionals,
International trade
The second edition of the "Strategic Intelligence: Tariffs and Trade Wars Executive Briefing" report highlights the significant impact of President Trump's tariff campaign on the global economy. In the first 100 days of his presidency, Trump imposed tariffs that have disrupted global supply chains, created uncertainty
International trade
The Nigerian Ports Authority (NPA) has taken a significant step towards maximizing the benefits of the African Continental Free Trade Area (AfCFTA) by deploying its state-of-the-art marine crafts to berth the first wholly Nigerian-owned container vessel, MV Ocean Dragon. The vessel, with a capacity of 349 Twenty-Foot-Equivalent Units (TEUs), is
International trade
President Donald Trump's sweeping trade tariffs are sending shockwaves through global supply chains, freezing corporate investment, and creating a climate of deep uncertainty. While some nations have reached early agreements with the U.S., most major trading partners remain locked in negotiations ahead of a July 9 deadline.
International trade
The Animal Welfare (Import of Dogs, Cats and Ferrets) Bill, put forward by Liberal Democrat MP Dr. Danny Chambers, has passed the Commons after garnering cross-party support. The bill aims to curb animal smuggling and cruelty by reducing the number of non-commercial animal imports, banning the import of puppies and
