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Coronavirus: border closures ‘may show what a full-blown trade war looks like’

16/03/2020

Border closures aimed at containing the spread of the coronavirus may offer a glimpse of what an all-out trade war would do to the world economy, according to the head of the International Chamber of Commerce.

Washington state repeals pro-Boeing tax break; U.S. hopes to avoid EU tariffs

13/03/2020

Washington state on Thursday moved to formally repeal an aerospace tax break that benefited U.S. planemaker Boeing and avert looming European Union tariffs on U.S. goods.

Wooden product exports post impressive growth

13/03/2020

While the Covid-19 pandemic has affected many export industries, the forestry industry still posted growth in both export value and volume with wood and wooden product exports in the first two months of this year hitting US$1.5 billion, an increase of 10.1 percent compared to the same period last year.

U.S. Government Concludes Korea's Low Electricity Rates Are Not a Subsidy

13/03/2020

The U.S. government has judged that Korea's low electricity rates do not constitute a subsidy.

Seven manufacturing goods post US$1 billion-plus exports in two months

11/03/2020

Vietnam has seven manufacturing goods with export revenues reaching over US$1 billion each in the first two months of 2020, according to the Ministry of Industry and Trade (MOIT).

Vietnam to develop trade defence early warning system

11/03/2020

Vietnam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports.

S. Korea, Japan end marathon talks with no deal

11/03/2020

South Korea said Wednesday it failed to make any significant progress in its marathon overnight talks with Japan on ending their nine-month trade dispute.

‘Phase one’ China trade deal tests the limits of US power

11/03/2020

Throughout his campaign and the early years of his presidency, Donald Trump promised to fundamentally reshape US–China trade policy. The conclusion of the ‘phase one’ trade deal, agreed to by the two countries in mid-January, provides an opportunity to assess what has been achieved so far.