UK sets out economic response to Middle East conflict, outlines energy and tax measures
The UK HM Treasury has issued a statement delivered to Parliament by the Chancellor of the Exchequer, Rachel Reeves, setting out the Governmentβs economic response to the conflict in the Middle East, including a series of tax-related and energy
See MoreSouth Africa releases customs tariff amendment details for 2026
South Africa has released publication details for tariff amendments notice R7389 under the Customs and Excise Act, 1964, as set out in Government Gazette 54572. The notice, published on 23 April 2026, provides the formal framework for amendments
See MoreIMF Spring Meetings: Regional Outlook for Sub Saharan Africa
On 17 April 2026 the IMF held a press briefing on the Regional Economic Outlook for Sub Saharan Africa: Hard Won Gains Under Pressure. The IMF notes that Sub-Saharan Africa performed strongly in 2025, with regional growth estimated at around
See MoreIMF Spring Meetings: Press Briefing on the Fiscal Monitor
The IMF Spring Meetings are taking place from 13 to 18 April 2026. The meetings include press briefings on the latest issues of IMF publications, panel discussions involving prominent politicians and finance experts, presentations of analytical
See MoreLiberia enacts Tax Amendment Act, strengthens enforcement and raises excise taxes
Liberia has enacted the Liberia Tax Amendment Act of December 2025 (the Act), approved on 24 March 2026. The Act introduces major revisions to the Liberia Revenue Code aimed at strengthening domestic revenue mobilisation and advancing public health
See MoreQuarterly trade intelligence report: Q1 2026 | January-March
Although a dramatic rise in tariffs has been the top story of global trade over the past year, non tariff trade barriers remain the hidden architecture of global commerce. Every quarter, WTO members publish hundreds of new and amended regulations
See MoreIMF Spring Meetings: Case for Deeper Asia Pacific Trade Integration
The IMF Spring Meetings are taking place from 13 to 18 April 2026. The meetings include press briefings on the latest issues of IMF publications, panel discussions involving prominent politicians and finance experts, presentations of analytical
See MoreKorea (Rep.), UAE CEPA to take effect, tariff cuts phased over 10 years
Korea (Rep.) and the UAE will implement their Comprehensive Economic Partnership Agreement (CEPA) on 1 May 2026, following the completion of domestic approval procedures and bilateral consultations to expedite its entry into force. The CEPA,
See MoreEcuador to impose 100% tariffs on Colombian imports amid border security dispute
Ecuador has announced that it will increase customs duties on imports from Colombia to 100% from 50%, effective 1 May, escalating a series of tariff measures linked to border security and drug trafficking concerns. The Ministry of Production said
See MoreJapan, France strengthen rare earth supply ties to cut dependence on China
Japan and France have agreed to boost cooperation on rare earth supply chains to reduce reliance on China. The announcement came during French President Emmanuel Macronβs visit to Japan for talks with Prime Minister Sanae Takaichi. Under the
See MoreEU: Parliament approves tariff framework for USΒ trade agreement, ensures American compliance
The European Parliament announced on 26 March 2026 that its members endorsed their position on two proposals covering tariff arrangements under the EU-US Turnberry trade deal. The agreement, reached in summer 2025, aims to remove most tariffs on
See MoreRussia to ban gasoline exports from April
Russia will ban gasoline exports from 1 April to 31 July, 2026, Deputy Prime Minister Alexander Novak announced on Friday, 27 March 2026 . The measure is intended to manage domestic fuel supply as global oil and oil products markets face
See MoreSouth Africa imposes high tariffs on Chinese, Thai structural steel
South Africa has introduced steep import duties on structural steel from China and Thailand after finding evidence of dumping. Chinese steel will face a 74.98% tariff, while Thai steel will be hit with a 20.32% duty. The International Trade
See MoreUS, Mexico hold discussions in advance of USMCA joint review
The US Trade Representative (USTR), Jamieson Greer and Mexican Secretary of Economy Marcelo Ebrard have convened on 18 March 2026 to kick off bilateral technical discussions in advance of the USMCA Joint Review on 1 July 2026. Technical teams
See MoreUS moves forward with USD 166 billion refund for IEEPA tariffs
The US government is progressing on a four-part system to refund USD 166 billion in tariffs collected under the International Emergency Economic Powers Act (IEEPA), with progress estimated between 40% and 80%, according to a recent court
See MoreUS launches trade investigations against 60 largest trading partners over forced labour practices
The United States Trade Representative (USTR) on 12 March 2026 initiated investigations of 60 economies under Section 301(b) of the Trade Act of 1974. The investigations will determine whether acts, policies, and practices of each of these economies
See MoreUS, Ecuador sign reciprocal trade agreementΒ
The US Trade Representative (USTR) Jamieson Greer and Ecuadorian Minister Luis Alberto Jaramillo signed a reciprocal trade agreement opening Ecuador's market of over 18 million consumers to American agricultural and industrial exports on 13 March
See MoreSingapore to engage USTR over Section 301 probe citing disputed trade data
Singaporeβs Ministry of Trade and Industry said on Thursday, 12 March 2026,Β that it will engage with the US Trade Representative (USTR) to clarify data and details of a Section 301 trade investigation targeting excess industrial capacity. The
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