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Global trading system poised for a new normal

14/01/2020

The tale of two events at two different points of time demonstrate unusual commonalities. One occurred in 2001, and another is about to take place on January 15. While the first event happened against the backdrop of the 9/11 terrorist attacks and the impending Iraq war, the second is about to unfold amidst escalating US-Iran tensions. In both events, the dramatis personae are the same: the US and China, the world’s two largest economies.

US imposes tariff of up to 301% on steel products from China

14/01/2020

The United States is imposing a new tariff of up to 301.64% on steel products from China.

ITA announces annual antidumping administrative review process

08/01/2020

Audit covers 2019 shipments of Chinese-made wooden bedroom furniture

Colombia takes anti-dumping measures against European frozen french fries

08/01/2020

In October of last year, the European Commission (EC) lodged a complaint with the World Trade Organisation (WTO) about the import tariffs Colombia has imposed on frozen french fries from Germany, Belgium, and the Netherlands. According to the European Trade Commissioner, Cecilia Malmström, the European Union (EU) considers this South American country’s anti-dumping measures to be ‘entirely unjustified’.

Origin fraud hurts Vietnamese steel in the long run

08/01/2020

International free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) have opened up unprecedented opportunities for Vietnamese steelmakers with the industry forecast to see robust growth.

US announces AI software export restrictions

08/01/2020

The US will impose new restrictions on the export of certain AI programs overseas, including to rival China.

Vietnamese steel products using Korean substrate circumvent duties

08/01/2020

The U.S. Commerce Department has said certain Vietnamese steel products using South Korean substrate circumvented U.S. anti-dumping and countervailing duties.