Colombia drops plan for 100% tariffs on Ecuador amid escalating trade dispute
Colombian President Gustavo Petro said on Monday, 13 April 2026, that Colombia will not impose 100% tariffs on imports from Ecuador, reversing an earlier announcement by the trade ministry amid growing bilateral tensions. He said instead that the
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US removes 25% tariff on Indian imports under new executive order
The US has removed the 25% additional tariff on goods imported from India after President Donald Trump signed an executive order, “Modifying Duties to Address Threats to the US by the Government of the Russian Federation”. The order took effect
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Bangladesh to sign reciprocal tariff deal with US, easing garment exports
Bangladesh is scheduled to finalise a reciprocal tariff deal with the US on 8 February 2026 in Washington, intended to reduce trade imbalances and ensure ongoing access for Bangladeshi exports to the US market. The deal aims to address a trade
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Taiwan seeks reduction in US tariffs
Taiwan is seeking to lower tariffs on its exports to the US from 20% to 15%, as trade negotiations between the two sides near completion, officials said on 1 December 2025. Taiwan’s top trade negotiator, Jenni Yang, said the talks follow the
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US removes tariffs on New Zealand agricultural products
The US has removed tariffs on more than USD 2 billion of New Zealand exports, including beef and kiwifruit, Trade Minister Todd McClay said. The move follows an executive order by President Donald Trump reversing previous import duties. Rising US
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Trump administration lifts tariffs on Peruvian agricultural products
Peru’s Foreign Trade and Tourism Minister, Teresa Mera, announced that the US has exempted more than 100 Peruvian agricultural products from tariffs. The move is part of a broader rollback under President Donald Trump, which removed tariffs on
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UK-US agreement on reduced car and aerospace tariffs now in force
A UK-US trade agreement reducing tariffs on British car and aerospace exports is now in effect, with steel and aluminium duty discussions ongoing. According to statements from the UK government, a trade agreement between the US and the UK, aimed
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US lowers “de minimis” tariff on small Chinese parcels, China lowers tariffs on US imports for 90 days
The White House released a joint statement, on 12 May 2025, announcing that the US will lower the "de minimis" tariff on low-value shipments from China to 30%, easing tensions in the trade war between the two largest economies. The order relieves
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Jamaica: Cabinet approves 20% expanded duty concession for agricultural vehicles
Jamaica’s Cabinet has approved the expansion of the 20% duty concession for agricultural vehicles on 9 April 2025. Minister of Agriculture, Fisheries and Mining, Floyd Green, announced this during the post-cabinet press briefing at Jamaica
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US, UK announces trade deal, expands agricultural access
US President Donald Trump announced a "full and comprehensive" trade agreement between the US and the UK on Thursday, 8 May 2025. “The agreement with the UK is a full and comprehensive one that will cement the relationship between the US and
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Nigeria approves 50% telecom tariff increase
The Nigerian Communications Commission (NCC) has approved a 50% increase in telecommunication service tariffs on 20 January 2025. The tariff hike, capped at a maximum of 50% of current tariffs, is a response to the telecommunication operators,
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Bangladesh might reduce duties on laptop imports
According to sources from the Finance Ministry, the Bangladeshi government is taking steps to ensure laptops are more affordable for freelancers and students, and to support the software manufacturing industry. Currently, importers pay a total of
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WTO: Lessons learned from the pandemic
On 21 November 2022 the WTO’s Committee on Market Access held the fifth of a series of experience-sharing sessions on trade in goods related to the pandemic. The session looked at the main lessons learned from the pandemic and was preceded by a
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WTO: Latest Issue of World Tariff Profiles
On 29 July 2022 the World Trade Organization (WTO) issued the latest edition of its annual publication World Tariff Profiles. The publication sets out global tariff and non-tariff information on more than 170 countries and is issued in
See MoreEU and Japan reach agreement in principle on trade deal
An agreement in principle has been reached on a free trade deal between the European Union (EU) and Japan. The deal includes sizable tariff cuts, co-operation on standards and regulations and opening up of public procurement markets. The EU and
See MoreChina: Adjustments to tariff items
On 19 December 2016, the Customs Tariff Commission of the State Council issued the adjustments to the tariffs in 2017. The new plan comes into force on 1 January 2017. According to the plan, the number of items to be taxed in 2017 will reach 8,547.
See MoreWTO concludes trade policy review of Brunei Darussalam
The World Trade Organization (WTO) has conducted its third trade policy review of Brunei Darussalam and has looked at progress since the previous review in 2008. The WTO noted that Brunei has simplified and liberalized its trade regime with the
See MoreAustralia and China confirm FTA agreement
Australia and China has confirmed the conclusion of a free trade agreement (FTA). If the agreement is fully implemented, it will enable a tariff-free access of 95% Australian goods exports to Chinese
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