President Trump imposed 50% tariffs on most Canadian goods, citing unfair trade practices against American autos, alcohol, and dairy. Enacted under the 1930 Trade Act, the move risks escalating a trade war, raising consumer costs, and further straining US-Canada relations. Canada vows retaliation.
The United States is imposing 25% tariffs on imports from Brazil, effective July 22, citing a range of unfair trade practices by the South American nation. Exemptions include coffee, beef, and aerospace parts. Brazilian President Lula da Silva reacted with indignation, blaming political rivals for the situation.
South Korea's Fair Trade Commission (FTC) has initiated a deliberation process against NXP Semiconductors and Analog Devices Inc. for alleged violations of fair trade rules, including restricting distributors and fixing profit margins. Potential fines could reach millions of dollars.
Hong Kong plans to introduce an administrative fee for customers seeking refunds on prepaid beauty and fitness contracts under a proposed seven-day cooling-off period. The measure aims to curb potential abuse and protect businesses from repeated refund requests.
South Korea's Fair Trade Commission will impose a record 747.6 billion-won ($488.7 million) fine on Daesang Corp., Sajo CPK Ltd., Samyang Corp., and CJ CheilJedang Corp. for colluding to fix prices of starch and starch sugars from May 2018 to October 2025.
The Trump administration is offering significant healthcare aid to African countries, but with conditions requiring increased national spending and prioritizing US firms. This shift from traditional donor-NGO models faces resistance from some governments concerned about data privacy, economic interests, and a move away from global cooperation.
Four major South Korean oil refiners, including HD Hyundai Oilbank and SK Energy, have been indicted for violating fair trade laws. Prosecutors allege they colluded to artificially inflate domestic fuel prices, with the anticompetitive impact estimated at around $20 billion following the Middle East conflict.
South Korea's Fair Trade Commission (FTC) has initiated a deliberation process against Myeong Ryun Dang, operator of a Korean barbecue chain, for allegedly providing low-interest loans to its affiliates using state-funded programs. The company is accused of offering excessive economic benefits, totaling around 21.7 billion won, to 14 credit businesses.
A Srinagar consumer commission ordered SpiceJet to pay Rs 62,078 to a couple denied boarding for a Haj return flight despite valid passes. The airline was found liable for deficiency in service and unfair trade practice.
A Srinagar consumer commission has ordered SpiceJet to pay Rs 62,078 to a couple who were denied boarding on their return Haj flight despite having valid passes. The airline was found liable for deficiency in service and unfair trade practice.
South Korea's Fair Trade Commission (FTC) approved voluntary corrective measures worth 3 billion won ($1.94 million) from Coupang Corp. and its affiliate CPLB over unfair dealings with subcontractors. The measures exceed potential fines and include support for product development, advertising, and consulting.
South Korea's Fair Trade Commission has begun deliberations on 10 local lubricant makers accused of fixing prices from January 2018 to October 2024. The alleged collusion affected sales worth an estimated 2.02 trillion won (US$1.31 billion) and involved products like metalworking fluids and industrial lubricants.
A consumer commission in Rohtak, Haryana, has ordered footwear brand Red Tape to refund Rs 10 for a carry bag and pay Rs 8,000 in compensation and litigation costs. The commission ruled that charging for the bag constituted a deficiency in service and an unfair trade practice.
A top US trade official criticized unfair trade practices, implicitly targeting China, while also admitting the US government was "asleep at the wheel" for too long. William Kimmitt highlighted subsidies, dumping, and regulatory barriers, alongside US inaction leading to factory closures and production moving overseas.
A Daabon, grupo colombiano, assume áreas de extração e produção de óleo de palma da Agropalma no Pará, incluindo plantações e indústrias. A refinaria de Limeira (SP) não faz parte do negócio. A transação visa investimentos, fortalecimento de parcerias e ampliação da competitividade no setor.
A Srinagar consumer commission ordered Albalaagh Tours and Travels to pay Rs 2.09 lakh to a pilgrim after the firm took advance payment for a Hajj package but failed to secure a visa, citing unfair trade practice and deficient service.
A district consumer commission in Aligarh has ordered a cigarette manufacturer and a retailer to deposit Rs 10 lakh in a consumer welfare fund for charging a customer Rs 20 over the printed MRP on a packet of Classic brand cigarettes.
South Korea's Fair Trade Commission (FTC) rejected corrective measures proposed by food delivery platforms Woowa Brothers (Baedal Minjok) and Coupang (Coupang Eats). The FTC deemed the proposals insufficient to address allegations of market dominance abuse against restaurants and consumers, opting against a consent decree.
A Hyderabad consumer court ordered summer camp organizers to refund fees with interest and pay compensation to three children due to unhygienic and unsafe conditions. The camp failed to provide promised AC accommodation, hygienic food, and medical facilities, leading to issues like contaminated water and denied communication.
Japan's Fair Trade Commission raided six major ice cream companies, including Akagi Nyugyo and Lotte, on suspicion of colluding to raise product prices beyond raw material cost increases. The companies allegedly coordinated price hikes for years, sparking public anger.
South Korea's Fair Trade Commission (FTC) will remove the reward ceiling for unfair trade tip-offs starting Thursday. Whistleblowers can now receive up to 10% of imposed fines, a significant increase from the previous 3 billion won cap, aiming to deter practices like price-fixing.
A court hearing was held on the 16th to determine whether to suspend the Fair Trade Commission's designation of Coupang founder Kim Beom-seok as the 'person in charge' (total manager). Coupang argued that the FTC reversed its previous judgment without significant changes, while the FTC countered that grounds for changing the designation were confirmed during an on-site inspection this year.
Japan's Fair Trade Commission plans to order over 30 construction companies, including Haseko Reform and Daikyo Anabuki Construction, to pay approximately 1.6 billion yen in fines for violating the Antimonopoly Act through bid-rigging on large-scale condominium renovation projects. Two design consulting firms will also be subject to orders to prevent recurrence.
Japan's Fair Trade Commission plans to issue cease-and-desist orders to 38 construction and design consulting firms for bid-rigging on condominium renovation projects, also planning to impose fines totaling approximately 1.6 billion yen.
