In recent years, the trade partnership between China and Europe has blossomed into a mutually beneficial alliance, shaping the global economy and fostering prosperity on both continents.
China has won a nearly three-year-long dispute with Australia at the World Trade Organization over tariffs on steel products that began during a low point of bilateral relations between the countries, and Australia’s trade minister said Wednesday his government accepted the ruling.
Amid the world facing a shortage of seven million tonnes of rice, Vietnam has seized a "golden" opportunity to increase exports, according to industry insiders.
Despite positive results in rice export so far, experts held that domestic firms should carefully evaluate the demand of major export markets to design suitable strategies for the rest of the year.
As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier — raising its materials prices, making it harder to compete with overseas rivals and costing it several contracts.
The cashew industry is at risk of disruption since raw nut exporters in West Africa are not fulfilling their contracts with local firms, according to the Việt Nam Cashew Association (Vinacas).