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    • Home
    • About 
      • About us
      • Contact Us
    • Solutions 
      • Global Trade Pal 5.0
      • E-Search
      • E-Website
      • E-Traffic
      • E-Communication
      • Global Trade Bridge
      • Exhibition Pal
      • E-Learning
    • Blog
    • Service & Support
    • …  
      • Home
      • About 
        • About us
        • Contact Us
      • Solutions 
        • Global Trade Pal 5.0
        • E-Search
        • E-Website
        • E-Traffic
        • E-Communication
        • Global Trade Bridge
        • Exhibition Pal
        • E-Learning
      • Blog
      • Service & Support
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      International Trade Weekly Recap

      (Aug. Week 1) 🌏

      · Trade News
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      01

      ▶ Hong Kong and Peru completed FTA negotiations.

      ▶ China’s H1 tea exports to France rose by 33.24%.

      ▶ U.S. furniture retail giant Conn's filed for bankruptcy protection, set to close over 100 stores.

      ▶ EU launched an anti-circumvention investigation on Chinese MSG.

      ▶ Container transport at Chittagong Port, Bangladesh, resumed after a 5-day halt.

      ▶ Sales of Chinese cooling products like bamboo mats and air conditioners surged in Europe.

      02

      ▶ U.S. made final ruling on second sunset review of countervailing duties on utility-scale wind towers.

      ▶ Thailand approved new pre-packaged food labelling regulations.

      ▶ Sri Lanka released standards and quality requirements for 161 imported goods.

      ▶ Argentina eliminated labelling requirements for imported textiles and footwear.

      ▶ U.S. ITC launched a sunset review of AD and CVD on Chinese steel shelving.

      ▶ Germany saw a 41% surge in large company bankruptcies in H1 2024, totalling 162.

      ▶ EU plans to impose import duties on goods worth under €150 from non-EU e-commerce platforms.

      ▶ Japan updated the export control list, adding 5 semiconductor-related items.

      ▶ Iraq imposed an additional 30% tariff on aluminium cans used for beverages.

      ▶ The U.S.-China Economic and Trade Cooperation Forum was successfully held.

      03

      ▶ South Korea imposed provisional anti-dumping duties on Chinese PET resin.

      ▶ Chinese EV brands reached a record high in Europe with an 11% market share in June.

      ▶ Maersk to cancel peak season surcharge (PSS) for countries including China, Japan, and Mexico.

      ▶ Eurasian Economic Union plans to simplify cargo release and declaration procedures.

      ▶ Grenada introduced duty-free measures for imported goods.

      ▶ EU imposed provisional anti-dumping duties up to 235.6%.

      04

      ▶ China’s truck exports saw a significant rise, up 26.1% YoY in H1 2024.

      ▶ The U.S. extended the public comment period for Section 301 tariffs on Chinese goods, delaying new tariffs by at least two weeks.

      ▶ Hungary to enhance phytosanitary inspections on inbound wood packaging materials.

      ▶ EU plans to amend regulations on triacylglycerol lipase usage.

      ▶ Japan released a draft amendment on food and food additive standards.

      05

      ▶ Uber and BYD partnered to introduce 100,000 EVs to multiple global markets.

      ▶ Container shipping rates from Shanghai to North America show a downward trend.

      ▶ Brazil launched a sunset review of anti-dumping duties on Chinese car tyres.

      ▶ Thailand mandated stricter quality management for medical device manufacturers.

      ▶ EU proposed a list of imports subject to 50% or higher tariffs in response to U.S. tariff threats.

      ▶ Ethiopia's National Bank announced free foreign exchange trading, lifting import restrictions.

      About Topease:

      Topease was established in 2004 as a comprehensive solution service provider for your trade businesses.

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      How can you find global trade opportunities in a smart way? Check out this video!

      https://youtu.be/3KNvoZ8bths

      📊 Ready to take your trade strategy to the next level? Learn more about Topease!

      #BusinessGrowth #TradeData #MarketAnalysis #CustomsData #InternationalTrade #B2BMarketing #SupplyChain #Topease

       

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