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China Allows Taiwan Grouper Imports
Beijing banned imports of the fish last June, saying it had found banned chemicals and high levels of antibiotics in it. The mainland-friendly opposition Kuomintang proposed the ban to mainland officials during a visit to the country in February.Trade Trends News2023-12-26 -
U.S. Considers Raising Tariffs on Chinese Electric Vehicles
The US Biden administration is discussing raising tariffs on some Chinese goods, including electric vehicles (EVs), people familiar with the matter said.Trade Trends News2023-12-26 -
EU and U.S. Reach Agreement to Continue Suspension of Tariffs on 50% of European Whiskey Exports
The United States and the European Union have reached an agreement to extend the suspension of EU tariffs on American whiskey. The -50% levy will take effect early next year and the suspension will last until March 31, 2025. U.S. whiskey distillers were concerned that the tariffs could hamper their business in key markets.Trade Trends News2023-12-21 -
Pakistan's First Chili Pepper Exports to China Add Spice to Agri-Exports
About 150,000 acres (60,700 hectares) of Pakistani farms produce 143,000 tons of chili annually.Trade Trends News2023-12-21 -
Christmas Ends Early for Chinese Exporters as Western Demand Slumps
Domestic consumption more important as European and American customers seek price cuts.Trade Trends News2023-12-20 -
EU Imposes New Sanctions on Russia, Focusing on Diamonds
The plan focuses on a ban on imports of Russian-origin diamonds and imposes additional import and export bans on Russia. The plan also tightens compliance rules for purchases of Russian oil through the Group of Seven price-cap mechanism.Trade Trends News2023-12-20 -
US Srw Wheat Exports Set to Top Hrw for First Time After China Haul
China earlier this month loaded up on U.S. soft red winter (SRW) wheat after its own crop’s quality was compromised by heavy rains, helping drive U.S. SRW exports to a 10-year high this marketing year.Trade Trends News2023-12-19 -
U.S. Import Prices Fall for Second Straight Month in November
U.S. import prices fell for a second straight month in November as the cost of energy products and automobiles declined, signaling that import deflation may help lower domestic inflation next year.Trade Trends News2023-12-18 -
Argentina's Milei Seeks 15% Increase in Export Tax on Some Grains
Argentina's new government, led by liberal President Javier Milei, will seek to raise export taxes on some grains to 15%, but this will not affect soybean tariffs.Trade Trends News2023-12-15 -
Russia to Waive Tariffs on Egg Imports as Prices Rise, Stocks Dwindle
Russia's imports of 1.2 billion eggs will be exempted from customs duties for the first six months of 2024 to help control prices as supplies run low in some stores, the Economy Ministry said on Wednesday.Trade Trends News2023-12-14
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