Technology War Keeps Escalating, Huawei Faces Investigation for Violation of US Sanctions

After ZTE, another Chinese tech giant Huawei is likely to be the next prohibited target if the U.S. Department of Justice confirms its violations of sanctions against Iran. U.S. Finds a Better Way to...

Brazilian Coffee Exports Troubled By Lack of Ships

Brazilian coffee exporters are being troubled by insufficient shipping capacities to transport the abundant harvest from the world’s top producer, which could give rise to delayed shipment to global roasters. The delayed output of Brazil’s...

Australian Trade Surplus Swells As Exports to China Booms

Australia’s trade surplus in June presented better figure than prior anticipation as exports to China jumped to the second highest on record,  an indication that the major commodity exporting country was steering its economy...

EU Asks for Permanent Exemption from U.S. Steel Tariffs

The White House announced on April 30 that the steel and aluminum tariff exemptions for the European Union (EU), Canada and Mexico will be extended until June 1 in order to give "a final...

Who’s the winner of US-China Trade War? Maybe Brazil

China is a major destination for Brazil's soybean exports, who shipped over 50 million tons of soybeans to China in 2017, equivalent to 40% of its total exports to the Asian country. With the...

The Iran Oil Lever Over Trump by China is Playing Out at OPEC Meeting

The U.S. trade dispute with China is likely to determine in a roundabout way how successful the U.S. is in imposing sanctions on Iran’s oil, and that uncertainty is likely to emerge in OPEC. In...

List of Obligations Committed to Tariff Reduction and Tariff Increase

With the approval of the State Council of the People's Republic of China, the Customs Tariff Commission of the State Council decided to suspend duty reduction duties on certain imported goods originating in the...

President Trump Denies Reaching Deal with China on ZTE

President Donald Trump declared on May 22 that he is not satisfied with the recent trade negotiations with China, and said his administration has not yet reached a deal with Beijing to save ZTE. Also...

U.S. New LNG Terminals Dimmed In Trade War

China will impose a 10 percent tariff on imports of liquefied natural gas (LNG) from the United States, extending a trade dispute into energy sector and casting a shadow over the building of U.S....

Soybean Prices Kept in Check Despite Tariff Dispute

Soybean prices didn’t suffer major fluctuations in 2018, despite the significant cuts of imports from the US due to the trade spat, according to the Ministry of Agriculture and Rural Affairs. Prices of imported soybeans...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...