Vietnam to expand US imports of machinery, high-tech products, energy resources
Vietnam has signalled plans to increase imports from the US, focusing on machinery, high-technology products, and energy resources, as the two countries conduct the sixth round of negotiations on the Vietnam–US Fair and Balanced Reciprocal Trade
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EU, Singapore digital trade agreement enters into force
The digital trade agreement between the European Union and Singapore, signed on 7 May 2025, came into effect on 1 February 2026. The agreement represents a step forward in the EU’s trade policy, supporting competitiveness, strengthening
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US, Argentina expand trade deal, cuts tariffs
The US and Argentina have signed the United States–Argentina Agreement on Reciprocal Trade and Investment (ARTI) on 5 February 2026, which formalises a broad trade and investment agreement aimed at deepening economic and strategic ties between the
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Bangladesh to sign US tariff agreement ahead of elections
Bangladesh’s interim government will sign a tariff agreement with the US on 9 February 2026, just three days before the national parliamentary election. The delegation, led by commerce adviser Sk Bashir Uddin and commerce secretary Mahbubur
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US imposes tariffs on countries supplying oil to Cuba
US President Donald Trump signed a new executive order titled “Addressing Threats to the United States by the Government of Cuba” on 29 January 2026. The order establishes a formal mechanism that would allow the US to impose additional ad
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China cuts proposed tariffs on EU dairy products
China has lowered the proposed tariffs on certain European Union dairy imports as it wraps up an anti-subsidy investigation, which many view as a response to EU duties on Chinese electric vehicles. Under the final rates shared with EU
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US, India agree to trade deal, tariffs on Indian exports lowered to 18%
US President Donald Trump announced in a Truth Social post on 2 February 2026 that a major trade deal had been reached with India. Under the agreement, the US will sharply reduce tariffs on Indian goods. The overall duty on Indian imports, which
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US, El Salvador sign trade deal to promote critical minerals investment
The US and El Salvador signed an agreement to promote US investment in El Salvador’s critical minerals sector on 29 January 2026. Signed in Washington, the deal allows US companies to participate across the full critical minerals supply chain
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Switzerland to adopt FATCA Model 1 with US from 2028
Switzerland’s transition to a Foreign Account Tax Compliance Act (FATCA) Model 1 agreement with the United States is now expected to take effect on 1 January 2028, one year later than previously anticipated, the State Secretariat for International
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Italy to raise small parcel tax to EU level
Italy plans to align its levy on low-value packages with a EUR 3 EU duty, which will become effective on 1 July 2026, Economy Minister Giancarlo Giorgetti said on 29 January 2026. The move targets inexpensive e-commerce imports, especially from
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India, EU seal major trade deal: Cuts tariffs on most goods
India and the European Union signed a long-awaited trade agreement on 27 January 2026 at the 16th EU-India summit in New Delhi that will significantly reduce tariffs on most goods, aiming to boost bilateral trade and reduce reliance on the US amid
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US imposes 25% tariffs on Korean imports
US President Donald Trump announced in a Truth Social post on 27 January 2026 that tariffs on Korean autos, lumber, pharmaceuticals, and other goods subject to reciprocal measures will increase from 15% to 25%. The higher rate reverses the
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US: Trump threatens Canada with 100% tariffs
US President Donald Trump has warned that Canada could face serious consequences if it moves forward with closer trade ties with China. In a post on Truth Social on 24 January 2026, Trump said he would impose a 100% tariff on all Canadian goods
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US: Trump threatens to hike tariffs on Korean imports
Korea (Rep.) moved quickly on 27 January 2026 to reassure the US that it still plans to carry out a major trade agreement, after President Donald Trump threatened to raise tariffs on Korean imports. Trump said the tariff increase was a response
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Ecuador sets 30% tariff on Colombian imports
Ecuador’s President Daniel Noboa announced on X on 21 January 2026 that his country will impose a 30% tariff on imports from Colombia starting 1 February 2026, citing a trade imbalance and Colombia’s insufficient cooperation in combating drug
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US: Trump Administration signals pause on tariffs, announces framework for potential Greenland agreement
US President Donald Trump announced in a post on Truth Social on 22 January 2026 that he would not impose tariffs on the dispute over Greenland, easing tensions that had unsettled NATO allies and raised fears of a serious transatlantic
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Belgium bans import of certain Russian petroleum products from third countries
Belgium’s Federal Public Service Finance (FPS) announced, on 19 January 2026, that it will ban the import of certain petroleum products made in third countries from Russian-origin crude oil, effective 21 January 2026. The measure is part of the
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US: Supreme Court delays decision on Trump tariffs
The US Supreme Court did not issue any ruling regarding the highly anticipated case challenging the legality of President Donald Trump’s global tariff measures on 20 January 2026. The justices also did not indicate when they will next issue
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