China's Ministry of Commerce issued a preliminary anti-dumping verdict against Canadian pea-starch, imposing 73.5% cash deposits. This follows Ottawa's investigation into Chinese steel racks, signaling escalating trade tensions between the two nations.
The concept of American soft power, coined by Joseph Nye, has entered a state of "clinical death" due to shifts in US foreign policy, the erosion of cultural and values-based influence, and declining legitimacy of its international actions, leading nations like China and Russia to abandon the framework.
The European Commission is introducing a new €3 customs charge on small parcels under €150 from Wednesday, ending a 'de minimis' exemption. This aims to curb cheap Chinese imports, protect European retailers from platforms like Shein and Temu, and address the high rate of non-compliant products endangering consumers.
The Trump administration's tariffs have accelerated the EU-Mercosur trade agreement, cutting tariffs on goods like Brazil's cachaça, offering new market opportunities for its producers amidst broader geopolitical shifts.
Africa's 4% GDP growth projection for 2026 and China's extension of zero-tariff access to most African economies
Donald Trump has threatened a 100% import tariff on European countries imposing a digital services tax on US tech giants. The warning, issued on Truth Social, targets nations nearing implementation of such levies, potentially superseding existing trade deals. The UK's existing 2% DST, in place since 2020, raises significant revenue.
Donald Trump has threatened to impose a 100% tariff on any country that implements a digital service tax on US tech companies. The former president stated on Truth Social that these tariffs would override any previous agreements and named Europe as a potential target.
US President Donald Trump has threatened Europe with a 100% tariff on all its exports to the United States if European countries implement a digital services tax on American companies. Trump stated this tariff would supersede existing trade deals.
President Donald Trump threatened to impose 100% tariffs on goods from any country that implements a digital services tax on U.S. companies, stating these tariffs would supersede existing trade deals. This move targets "Numerous European Countries" and raises questions about the legal authority for such actions, following previous Supreme Court rulings against Trump's reciprocal tariffs.
US President Donald Trump threatened a 100% tariff on imports from any country that imposes a digital services tax on American companies. He specifically targeted European nations discussing such measures, stating the new tax would supersede previously negotiated trade deals.
Donald Trump has warned that any country imposing a Digital Services Tax (DST) on American companies will face 100% tariffs on all exports to the US, overriding existing trade agreements. The former president stated this action would be immediate if countries proceed with such taxes.
US Treasury Secretary Scott Bessent warned that Section 301 tariffs could return, while India's Commerce Minister Piyush Goyal emphasized the need for a comparative advantage for India in any trade deal with the US, citing previous tariff negotiations and competition with other Asian nations.
EU countries voted to prolong the suspension of retaliatory tariffs against the US, affecting $4 billion in goods, in the long-running Airbus-Boeing dispute. This move aims to avoid reigniting a transatlantic trade war, as the 2021 truce was set to expire on July 11, with new suspension duration under negotiation.
The UK government will halve tariff-free steel imports to 3.2m tonnes from July 1, introducing new safeguards to combat global oversupply of cheap Chinese metal and support its domestic industry. Tariffs on imports above quotas will double to 50%. The EU is implementing similar measures.
L'Oman ha dichiarato che non imporrà tariffe di transito nello Stretto di Hormuz, nonostante precedenti discussioni con l'Iran sui "costi" dei servizi. Il ministro degli Esteri Badr Albusaidi ha fatto l'annuncio durante un incontro dei ministri del Golfo a Manama, con la partecipazione del Segretario di Stato USA Marco Rubio.
The UN's International Maritime Organisation is evacuating over 11,000 sailors from the Strait of Hormuz following a US-Iran MoU. The operation, coordinated with regional states and the US, aims to ensure safe navigation after months of disruption. Disputes over future control and potential tolls remain.
EU leaders are considering trade defence measures against China's 'overcapacity,' but the author argues this is a misnomer. China's manufacturing growth stems from its integration into global supply chains and adherence to international standards, making its products competitive through efficiency and expertise, not unfair practices.
Sens. Elizabeth Warren and Mark Kelly argue in a letter that President Trump's tariff policies have harmed U.S. workers and manufacturing, leading to job losses and a growing trade deficit in manufactured goods, contradicting his promises of a manufacturing boom.
Ten years after Brexit, columnist Larry Elliott restates his leftwing case for leaving the EU, arguing Europe isn't working economically and Brexit offers an opportunity for Britain to pursue a different economic model.
US and India are in final trade negotiations ahead of a July 24 deadline to set tariff rates and address market access for US agricultural products. The visit by US official Greer is expected to finalize a deal after a year of strained relations.
Russian Security Council Secretary Sergey Shoigu stated that Western elites' pursuit of dominance is the primary cause of global instability, linking security directly to the economy, as evidenced by the Middle East crisis.
Dal 1° luglio entra in vigore il nuovo dazio comunitario di 3 euro sui mini pacchi extra Ue con valore fino a 150 euro. La misura, che sostituisce un'esenzione obsoleta, si applica per singolo articolo e non per pacco, basandosi sulla classificazione tariffaria.
Dal 1° luglio entra in vigore un dazio comunitario di 3 euro sui mini pacchi extra UE con valore fino a 150 euro. La tassa si applica per singolo articolo, non per pacco, e mira a eliminare un vantaggio competitivo obsoleto.
India aims for a trade deal with the US that offers its exporters a tariff advantage over regional competitors like Vietnam. Discussions are set to begin Tuesday, with India also seeking assurances against future US tariffs.
