News

India widens scope of ADD on jute yarn, sacking bags
India widens scope of ADD on jute yarn, sacking bags

20/11/2019

India has expanded the scope of anti-dumping duty imposed on jute yarn and sacking bags by including more Bangladeshi firms to protect domestic players from cheap shipments from there.
India files appeal against WTO panel report on export subsidies
India files appeal against WTO panel report on export subsidies

20/11/2019

As per the panel recommendations, India needed to withdraw the "prohibited subsidies" under the EOU/EHTP/BTP Schemes, EPCG Scheme, and MEIS, within 120 days.
WTO to allow South Korea to keep current tariff rate on imported rice
WTO to allow South Korea to keep current tariff rate on imported rice

20/11/2019

The World Trade Organization will allow South Korea to keep a 513 percent tariff on imported rice next year, the agriculture ministry said Tuesday, a move that could help protect the rice market of Asia's fourth-largest economy.
Without a China trade deal, the U.S. will hike tariffs: Trump
Without a China trade deal, the U.S. will hike tariffs: Trump

20/11/2019

The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide.
Trump misses his own deadline to impose ‘Section 232’ auto tariffs on foreign-made cars and parts
Trump misses his own deadline to impose ‘Section 232’ auto tariffs on foreign-made cars and parts

20/11/2019

Six months ago Trump threatened to impose a 25 per cent tax on imported vehicles, but he took no action November 14, the deadline imposed by his administration.
ITC finds U.S. mattress industry injured by Chinese imports
ITC finds U.S. mattress industry injured by Chinese imports

20/11/2019

​The U.S. International Trade Commission today unanimously found that the U.S. mattress industry has been materially injured by imports of mattresses from China.
Vietnamese longan to go to Australia
Vietnamese longan to go to Australia

20/11/2019

Longan has become the fourth kind of Vietnamese fruit to be exported to Australia after litchi, mango and dragon fruit. However, experts say there is still a lot of work needed for Vietnam to secure a firm foothold in the market.
Vietnam: Rice export revenue suffers from price drop
Vietnam: Rice export revenue suffers from price drop

20/11/2019

Vietnam exported 5.56 million tonnes of rice and brought home 2.43 billion USD in the first 10 months of 2019, up 6.1 percent in volume but down 9.1 percent in value over the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
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