US Delays Tariffs on Chinese Semiconductors Until 2027
The Trump administration postpones new tariffs on Chinese legacy chips until June 2027, citing unfair trade practices. The move follows the October US-China truce. Read the full analysis.
Category : International Trade
US Delays China Chip Tariffs to 2027 Amid Negotiations
The Trump administration postpones new tariffs on Chinese semiconductors to June 2027, creating a window for trade talks. This follows a Section 301 probe into Beijing's market dominance.
French Farmers Block Roads, Protest EU-Mercosur Deal & Cattle Culls
French farmers escalate protests, blocking highways and burning hay bales against the EU-Mercosur trade pact and mass cattle culls. President Macron faces pressure as unions reject a holiday truce. Read the full story.
NZ Foreign Minister Opposes India Trade Deal Over Democracy
New Zealand's Foreign Minister Winston Peters opposes a free trade agreement with India, citing concerns over the country's democratic processes. Read the full story on the diplomatic friction.
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US, Indonesia Finalise New Tariff Agreement
Indonesia and the US have finalised a new reciprocal tariff deal, exempting palm oil and coffee. The pact is set for signing by Presidents Prabowo and Trump next month. Read more.
NZ-India FTA Splits Coalition: Luxon Backs, NZ First Rejects
New Zealand's historic free trade agreement with India sparks a coalition rift. PM Luxon champions the deal for economic gains, while NZ First rejects it over dairy and immigration concerns. Will it pass?
China imposes anti-subsidy duties on EU dairy products
China imposes provisional anti-subsidy duties of 21.9% to 42.7% on EU dairy imports, effective Dec 23. The move escalates trade tensions following the EU's probe into Chinese EVs. Read the full details.
Shein Beats Zara, H&M; Chinese Goods Flood Europe
Chinese retail giant Shein is now the world's top fast-fashion player, surpassing Zara and H&M. A trade shift from the US is flooding Europe with cheap goods, sparking a logistics boom and tariff threats. Read the full analysis.
EU-Mercosur Trade Deal Delayed to January, Lula Confirms
Brazil's President Lula hopes the massive EU-Mercosur free-trade deal will be signed in January. The 26-year negotiation faces delays due to European farmer protests and opposition from France and Italy.
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Mercosur-EU Trade Deal Signing Pushed to January
Brazil's President Lula announces a delay in the landmark EU-Mercosur free-trade pact to January 2024, citing European opposition. The 26-year negotiation faces hurdles from France and Italy.
EU-Mercosur Trade Deal: Lula Targets January Signing
Brazil's President Lula da Silva aims to sign the long-delayed EU-Mercosur free-trade pact in January. The deal, 26 years in making, faces hurdles from European farmers and member states.
Dutch Minister: Conclude India-EU FTA Soon
Netherlands Foreign Trade Minister Geoffrey van Leeuwen emphasizes the urgency of finalizing the India-EU Free Trade Agreement, calling it vital for strategic partnerships. Read more on the key hurdles and economic implications.
Asia Confronts Mexico Tariffs as New Trade Wall
Asian nations face sobering new tariffs from Mexico, a move seen as building a trade wall reminiscent of Trump-era policies. Discover the global economic implications.
US-Canada to Start Formal USMCA Review Talks in January
Canada and the US will begin formal discussions to review the USMCA trade pact in mid-January 2024. Key issues include tariffs, dairy, and critical minerals. Read the full details.
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US-EU Tech Trade War Looms as US Threatens Action
The US Trade Representative accuses the EU of discriminating against American tech giants like Google and Apple, threatening to penalise European firms like SAP and Spotify in return. Read the full details of the escalating trade tensions.
Italy Backs Mercosur Deal After Addressing Farmer Concerns
Italian PM Giorgia Meloni commits to the EU-Mercosur trade agreement, pending resolution of farmers' issues. Brazil's Lula confirms her stance. Read the full story.
Cheap Chinese Goods Flood Europe as US Tariffs Shift Trade
Trump's trade war reroutes a tsunami of low-cost Chinese packages to Europe, creating a 'new Silk Road' of shadow logistics and sparking regulatory battles. Explore the impact on EU markets and consumers.
US Warns EU of Sanctions Over Tech Regulations
The US Trade Representative warns of retaliatory sanctions on European companies like Spotify and Siemens if the EU continues its strict rules on American tech giants. Read the full details.
US Criticises WTO, Cites Global Trade Imbalances
The US has sharply criticised the WTO, blaming it for global trade imbalances and calling it unfit to solve current challenges. Read the details of the US proposal for deep reforms.
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US Threatens Action After EU Fines Elon Musk's X
The US Trade Representative vows to use every tool available after the EU imposes a fine on Elon Musk's X. The dispute could impact major global firms. Read more on the escalating trade tension.
US Suspends Tech Prosperity Deal with UK
The US has suspended a key technology pact with the UK, citing trade disagreements. The deal aimed to boost cooperation in AI and quantum computing. Read the full story.
France's Macron opposes EU-Mercosur trade deal over farmer concerns
President Macron tells EU leaders the Mercosur trade pact fails French agriculture. The deal, 20 years in making, faces French delay demand until 2026. Read the full story.
EU-Mercosur Trade Deal Faces Collapse Amid Protests
France's last-minute opposition and massive farmer protests threaten to derail the EU's 25-year Mercosur trade pact. Doubts grow over a 2024 signing. Read the full analysis.
Oman, Saudi Arabia to recognise each other's certificates of origin
Oman and Saudi Arabia have agreed to recognise each other's certificates of origin to boost trade, reduce costs, and expand joint industrial projects. Bilateral trade crossed $8 billion in 2024.
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EU's €3bn Push to Cut China Rare Earths Dependence
The EU unveils a multi-billion euro strategy to secure critical raw materials, boosting mining and recycling to counter supply chain risks. Read the full details.
Russia Targets $100B India Trade via Diversification
Russian Deputy PM Denis Manturov outlines a strategic push to achieve $100 billion bilateral trade with India, focusing on investment, new sectors, and rupee-rouble settlements. Read the full roadmap.
NHS to pay 25% more for drugs in US trade deal
The UK's NHS will pay 25% more for innovative drugs in a new US trade deal, costing £3bn over three years. In return, UK pharma exports to the US avoid hefty tariffs. Read the full analysis.
US Grants UK 3-Year Tariff Exemption on Pharma Imports
The US extends a critical tariff exemption for UK pharmaceutical and medical technology imports for three years, supporting supply chains and public health. Read the full analysis.
India-US Trade Deal First Tranche Expected in 2025
India's Commerce Secretary confirms first tranche of bilateral trade agreement with US likely signed by December 2025. Key negotiations progress despite global trade shifts.
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India-Canada Trade Pact Talks Set to Resume
India and Canada agree to restart negotiations for Early Progress Trade Agreement after diplomatic tensions ease. Bilateral trade talks resume with new momentum.
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