US, China agree on rare earth framework amid Trump’s tariff warning
The US and China reached a preliminary trade deal in Malaysia to avert major tariffs and export restrictions, paving the way for upcoming talks between Trump and Xi on trade balance. US Treasury Secretary Scott Bessent announced on 26 October
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Taiwan: Taichung Customs warns public on import compliance, seizes Illegal Christmas plant decorations
Taichung Customs in Taiwan seized banned Christmas decorative plants in express shipments and warned the public about import rules. Taichung Customs, part of the Customs Administration, Ministry of Finance in Taiwan stated that with Christmas
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US: Trump administration terminates trade talks with Canada
President Trump halted all trade talks with Canada, citing a “fraudulent” Ontario government and misrepresenting former President Reagan’s views. US President Donald Trump announced on Thursday, 23 October 2025, that his administration has
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India, US near deal to slash import tariffs
India and the US near deal to cut tariffs, with energy and agriculture in focus. India and the US are reportedly nearing a trade deal that would cut US tariffs on Indian imports from 50% to about 15–16%. The agreement is expected to focus on
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US: Trump anticipates trade agreement with China, including soybean exports
President Trump expressed confidence in reaching agreements with President Xi during their upcoming South Korea meeting, covering trade issues, including China’s Russian oil imports. U.S. President Donald Trump expressed his optimism on
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US: USTR moves to impose 100% tariffs on Nicaragua imports over labour violations, seeks public comments
The USTR is considering tariffs of up to 100% on Nicaraguan goods over alleged labour and human rights violations affecting US trade. The US Trade Representative's office announced that the Trump administration is considering imposing tariffs of
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US: Trump considers increasing tariffs on Colombia amid drug trade feud
President Trump announced plans to raise US tariffs on Colombian imports and suspend financial aid, citing alleged Colombian involvement in drug trafficking. US President Donald Trump announced on Truth Social, on 19 October 2025, plans to
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Canada grants tariff exemptions on select US and Chinese steel, aluminium products
The tariff relief on certain US and Chinese steel and aluminium imports is aimed at supporting local industries and advancing trade negotiations with both countries. Canada has introduced tariff relief measures on certain steel and aluminium
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India considers easing imports on Chinese raw materials
India’s Commerce Ministry and NITI Aayog considered relaxing certain tariff and non-tariff restrictions on Chinese imports to secure cheaper raw materials and support industrial growth. India’s Ministry of Commerce and Industry, supported by
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Zambia extends relief on copper concentrate exports
Zambia extended 10% copper export tax relief to deadline to address the growing stockpile of unprocessed copper concentrates resulting from disruptions at local smelters. Zambia has extended the suspension of its 10% export tax on copper
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US: Trump approves more tax credits for US automakers, imposes 25% tariff on truck imports
Starting 1 November, a 25% tariff will apply to medium and heavy-duty trucks and parts, with a 10% tariff on imported buses. President Donald Trump has signed orders to boost US auto and engine production while imposing new tariffs on imported
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US: Trump pledges to keep ‘massive’ tariffs on India until Russian oil imports stop
Trump said Modi had assured him India would stop buying Russian oil, warning New Delhi it would face “massive” US tariffs if it did not comply. US President Donald Trump said on Sunday, 19 October 2025 that Indian Prime Minister Narendra
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Italy to impose duty on Chinese fast-fashion imports to safeguard domestic industry
Italy plans a new tax on Chinese fast fashion imports, targeting online retailers like Shein and Temu, to protect its domestic fashion industry from low-cost competition. Italy is planning to introduce an additional tax on Chinese fast fashion
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US: USTR signals 100% additional tariffs on China contingent on Beijing’s actions
US Trade Representative Jamieson Greer stated that the planned 100% tariffs on Chinese exports, scheduled for November 1 or earlier, depend on China’s actions. US Trade Representative Jamieson Greer stated on 14 October 2025 that the
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US delays enforcement of tariff on Singaporean pharmaceutical exports
The US has delayed its planned 100% tariff on Singaporean drug exports, allowing local pharmaceutical firms to seek exemptions. The US has postponed the implementation of a 100% tariff on branded drugs exported from Singapore, initially set to
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US: Trump to impose 100% additional tariffs on Chinese imports in response to rare earth export restrictions
President Trump announced additional 100% tariffs on Chinese imports and new export controls on US software in response to China’s tightened restrictions on rare earth exports. US President Donald Trump announced on Truth Social, on 11 October
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Bangladesh approves US wheat purchase amid trade talks
Bangladesh approves 220,000 tons of US wheat to boost trade ties and diversify supplies. Bangladesh has authorised the purchase of around 220,000 metric tons of wheat from the US under a government-to-government agreement, officials said on 7
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EU Commission moves to raise tariffs to shield steel sector
The European Commission proposed halving tariff-free steel import quotas and imposing a 50% duty on excess imports to support the EU steel industry. The European Commission has proposed measures on 7 October 2025 to safeguard the EU steel sector,
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