International trade
China's commerce ministry announced anti-dumping duties ranging from 3.8% to 74.9% on imports of POM copolymers from several countries, including the US, EU, Japan, and Taiwan, citing unfair trade practices. The move comes after the US increased tariffs on Chinese electric vehicles, computer chips, and other
International trade
Ministers responsible for trade from the 21 economies of the Asia-Pacific Economic Cooperation (APEC) are meeting on Jeju Island, South Korea, to discuss ways to foster cooperation and restore trust in the multilateral trading system. The 2025 APEC Ministers Responsible for Trade (MRT) Meeting is hosted by Korea, a founding
International trade
The global economy is on a recessionary trajectory, driven by intensifying trade tensions, persistent financial volatility, and growing uncertainty, according to the United Nations Conference on Trade and Development (UNCTAD) in its report 'Trade and Development Foresights 2025 - Under Pressure: Uncertainty Reshapes Global Economic Prospects'. The report
International trade
Trade ministers from the Asia-Pacific Economic Cooperation (APEC) reaffirmed the importance of the World Trade Organization (WTO) in addressing global trade issues, despite escalating uncertainties sparked by growing protectionism. The trade ministers, including WTO Director-General Ngozi Okonjo-Iweala, recognized the WTO's role in advancing trade issues and acknowledged the
International trade
Bangladesh High Commissioner Muhammad Iqbal Hussain Khan emphasized the importance of simplifying visa requirements for Pakistani citizens, encouraging bilateral trade and cultural exchanges between the two nations. The high commissioner also announced plans for an e-visa facility for Pakistani nationals in the near future. The visit to the Lahore Chamber
International trade
Hong Kong's Secretary for Commerce & Economic Development, Algernon Yau, emphasized the importance of upholding the rules-based multilateral trading system during the APEC Ministers Responsible for Trade Meeting in Jeju, South Korea. The meeting highlighted a pivotal step towards fostering stability in global trade, as China and the
International trade
Trade ministers from the Asia-Pacific Economic Cooperation (APEC) region have underscored the importance of the World Trade Organization (WTO) in addressing global trade issues, particularly amidst escalating uncertainties sparked by growing protectionism. The consensus was reached during a joint statement adopted by APEC trade ministers after their annual two-day meeting
International trade
As the spectre of protectionism casts its shadow over the world economy, leaders are preparing for the EU-UK summit next week. The BusinessEurope and CBI, representing over 25 million businesses across Europe, have come together to publicly outline the business priorities for a refreshed EU-UK strategic partnership. In a formal
International trade
KKP Research by Kiatnakin Phatra Financial Group has revised down the country's GDP growth forecast to 1.7% in 2025, citing structural problems that have been building up over time. The revision is attributed to the impact of US trade policies, the slowdown in the global economy, and
International trade
The recent de-escalation of the global trade war has improved Canada's economic outlook, but the country's economic trajectory remains largely downhill due to ongoing uncertainty and high U.S. tariffs. Economists warn of a potential recession in the coming quarters, with job losses and manufacturing sales
International trade
Top trade officials from 21 APEC member economies, including South Korea, Japan, and China, gathered on Jeju Island to discuss trade challenges and bilateral talks with the US Trade Representative Jamieson Greer. The two-day event aims to build a sustainable tomorrow through innovation, connection, and prosperity. Trade ministers from major
International trade
Trade ministers from 21 Asia-Pacific Economic Cooperation (APEC) member economies gathered on South Korea's resort island of Jeju to discuss pressing challenges in global trade, including the impact of U.S. President Donald Trump's tariff measures. The meeting comes as major APEC member countries, such as
