News

The market is in recession, tuna export businesses are facing significant challenges
The market is in recession, tuna export businesses are facing significant challenges

02/06/2023

Tuna processing and export businesses are currently facing numerous difficulties due to a downturn in the import market, soaring prices of tuna raw materials reaching a peak, and increasing production costs

Brussels urges UK to join trade pact to ease risk of post-Brexit car tariffs
Brussels urges UK to join trade pact to ease risk of post-Brexit car tariffs

02/06/2023

Trade experts warn British membership of Pan-Euro-Mediterranean convention is not ‘immediate fix’.

Dispute panel established to review EU duties on Indonesian steel products
Dispute panel established to review EU duties on Indonesian steel products

02/06/2023

At the request of Indonesia, WTO members agreed at a meeting of the Dispute Settlement Body on 30 May to establish a dispute panel to review anti-dumping measures imposed by the European Union on imports of stainless steel cold-rolled flat products from Indonesia.

EU Anti-dumping and Anti-subsidy Duty Enforcement: Increased Actions Against Imports from Türkiye
EU Anti-dumping and Anti-subsidy Duty Enforcement: Increased Actions Against Imports from Türkiye

02/06/2023

The European Union (EU) actively uses anti-dumping and anti-subsidy (or countervailing duty) investigations to protect the EU manufacturing industry from competition from imports. Imports from Türkiye are a prime target for these investigations: in the past 20 years, imports from Türkiye were targeted in 15 anti-dumping and anti-subsidy investigations. Five of these investigations were initiated in the last three years.

US extends duties investigation into plywood from Vietnam
US extends duties investigation into plywood from Vietnam

31/05/2023

The US Department of Commerce (DoC) has announced that it will extend the deadline for issuing its final conclusion on an anti-dumping tax evasion investigation into plywood imported from Vietnam, according to the Ministry of Industry and Trade's Trade Remedies Authority.

Việt Nam is South Korea's 4th largest rubber supplier
Việt Nam is South Korea's 4th largest rubber supplier

31/05/2023

However, the Vietnamese rubber market share is shrinking here, while the market shares of Indonesia, China, the Philippines, Cambodia, and Singapore tend to increase.

S. Korea to lower tariffs on major agricultural imports amid inflation
S. Korea to lower tariffs on major agricultural imports amid inflation

31/05/2023

South Korea's finance ministry said Tuesday it has decided to apply tariff-rate quotas on eight major foodstuff imports to ease households' burden amid rising consumer prices.

US review of China tariffs won't depend on trade 'breakthrough,' official says
US review of China tariffs won't depend on trade 'breakthrough,' official says

31/05/2023

The United States is taking an analytical approach to its review of whether to keep tariffs on Chinese goods in place and will not base outcomes on any "breakthrough" in U.S.-China trade relations, Deputy U.S. Trade Representative Sarah Bianchi told Reuters.

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