Domestic firms had alleged that subsidised imports from Malaysia are causing material injury to them and had requested the imposition of countervailing duties on the imports

Vietnam must promote the trade of legally produced wood and avoid illegal sources to secure a firm foothold in the US furniture market, according to Chairman of the Vietnam Timber & Forest Products Association (VIFORES) Do Xuan Lap.

Vietnam is believed to have much room for exporting coffee to Japan, whose hot coffee market is forecast to grow 4.2 percent during 2020 - 2025, according to Cong Thuong (Industry & Trade) newspaper.

Vietnam’s aquatic product exports to China are expected to rise positively this year, said Nong Duc Lai, Commercial Counsellor at the Vietnamese Embassy in China.

He attributed it to the fact that there is still room to grow for Vietnamese aquatic product exports in the Chinese market.
 

US tariffs on UK steel exports are to be lifted from today, under a deal that was agreed in March.
UK steel and aluminium exporters can start exporting tariff-free up to a specified volume for the first time since 2018.
 

Ahead of a key ministerial meeting of the World Trade Organization (WTO) this month, at least 60 countries including India, China, Pakistan, Egypt, Indonesia and South Africa have proposed a new method to calculate subsidies given to purchase, stockpile and distribute food to ensure food security for developing and poor nations.

Ambassador Katherine Tai today signed a new agreement with Japan’s Ambassador to the United States Koji Tomita to revise the beef safeguard mechanism under the U.S.-Japan Trade Agreement (USJTA). 

Canada’s regulation of its dairy industry — specifically, its supply management system for dairy (which uses production controls and tariffs to protect domestic dairy farmers) — has been a long-standing point of contention with Canada’s trading partners. In particular, Canada’s application of import controls, known as “tariff rate quotas” (TRQs), has raised concern among other dairy producers, notably the U.S. and New Zealand.