International trade
US President Donald Trump announced the sudden end to trade negotiations with Canada, one of America's largest trading partners, after the country imposed a digital services tax on US technology companies. Trump accused Canada of launching a "direct and blatant attack" on the US, sparking fears
International trade
As Ambassador Fei Shengchao addressed the China-Europe Business Summit in Belgium on June 27, 2025, he emphasized that globalization is an essential aspect of history and that China remains committed to openness and inclusiveness. China's stance on free trade and multilateralism has been instrumental in promoting the stable
International trade
EU leaders are exploring alternatives to the WTO, following years of dysfunction and failed reforms. European Commission President Ursula von der Leyen and German Chancellor Friedrich Merz suggested redesigning the organization or establishing a new trade framework. This move stems from the WTO's inability to address trade disputes
International trade
At the Specialty Coffee Association's World of Coffee - Europe's largest coffee trade show - hosted in Geneva from June 26-28, 2025, the International Trade Centre (ITC) showcases its longstanding leadership in sustainable coffee development. For over two decades, ITC has worked closely with the International
International trade
The African Union is vying to increase Africa's global trade share from its current 2% to 20%, with Nigeria seen as a crucial part in achieving this goal. The AU Director of Industry, Minerals, Entrepreneurship and Tourism, Mrs Ron Osman, emphasized the importance of supporting Micro, Small and
International trade
The Ministry of Finance (MOF) in Taiwan has announced the imposition of provisional anti-dumping tariffs on Chinese-made beer and certain hot-rolled steel products. The decision follows a joint investigation with the Ministry of Economic Affairs (MOEA) that found imports of Chinese beer and specific hot-rolled flat steel products are being
International trade
On 27 June, the Informal Working Group on Micro, Small and Medium-sized Enterprises (MSMEs) marked MSME Day, announcing two new Small Business Champions. As part of the celebrations, the Group continued discussions on implementing the 2020 MSME Package and strategies to prepare for the 14th Ministerial Conference, due to take
International trade
The International Trade Centre (ITC) has been a leading partner in sustainable coffee development for over two decades, working closely with the International Coffee Organization (ICO) and regional institutions to support coffee value chains and small and medium-sized enterprises (SMEs) across Latin America, Africa, and Asia. At the Specialty Coffee
International trade
The Government of Canada has enacted the One Canadian Economy: An Act to enact the Free Trade and Labour Mobility in Canada Act and the Building Canada Act, which received Royal Assent on June 26, 2025. The Building Canada Act sets the stage for consultations with provinces, territories, and Indigenous
International trade
The Canadian government has taken a significant step towards building a stronger and more united nation with the receipt of Royal Assent for the One Canadian Economy Act. This legislation is designed to supercharge productivity, economic growth, and competitiveness by streamlining federal review and approval processes, removing federal barriers to
International trade
US President Donald Trump abruptly terminated trade talks with Canada on Friday, calling its new digital services tax a "blatant attack" on American business. The move follows a June 19 announcement by Canadian Finance Minister Francois-Philippe Champagne that the tax would start on June 30, targeting US technology
High technology industry
President Donald Trump announced on Friday that he is halting trade talks with Canada, citing the country's plans to collect new taxes from large tech companies, including Meta, Google, Amazon, and others. This move marks a dramatic reversal in tone from Trump's recent meeting with Canadian
