UAE, China sign MoU on tax cooperation
The UAE’s Federal Tax Authority (FTA) has signed a Memorandum of Understanding (MoU) with the State Taxation Administration of China (STA) to strengthen bilateral cooperation in tax-related matters on 20 November 2025. The MoU was signed by HE
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US hopes to finalise rare earths agreement with China by Thanksgiving
US Treasury Secretary Scott Bessent expressed optimism on 16 November 2025 that a trade deal on rare earths between the US and China could be finalised by Thanksgiving. Bessent’s remarks came after a framework agreement reached last month,
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ECB: China began flooding European markets before US tariffs
The European Central Bank (ECB) reported, on 11 November 2025, that China’s surge of low-priced exports to Europe is driven more by weak domestic demand than by US tariffs. According to the ECB, the trend began around 2021, when a slowdown in
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China eases export controls on select materials to US
China’s Ministry of Commerce (MOFCOM) announced on Sunday, 9 November 2025, that it will temporarily suspend part of its 2024 export-control rules on certain dual-use materials shipped to the US. The change, effective from 9 November 2025 to 27
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China allows civilian use of Nexperia chips despite export restrictions
China announced exemptions to its export controls on Nexperia chips for civilian applications on 9 November 2025, aiming to ease the global auto industry's supply chain issues. Nexperia, a Netherlands-based chipmaker owned by China's Wingtech,
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China eases tariffs on select US agricultural products
China announced plans today, 5 October 2025, to suspend some of the retaliatory tariffs it imposed on US imports, following a recent meeting between the leaders of the two nations. Starting 10 November, China will lift duties of up to 15% on
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Norway: Cabinet approves tax treaty with China
Norway's Cabinet has approved the new 2025 China-Norway Income Tax Treaty through Bill No. Prop. 6 S (2025–2026) on 31 October 2025. The agreement aims to prevent double taxation on income and curb tax evasion between Norway and China. The
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US: Trump administration releases factsheet on US-China trade deal
The Trump Administration released a fact sheet detailing the trade agreement reached between the US and China on 30 October 2025, on 1 November 2025. This follows the announcement by US Treasury Secretary Scott Bessent on 26 October 2025 that the
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US reduces Chinese tariffs post Trump-Xi meeting
RF Report US President Donald Trump announced a significant agreement with Chinese President Xi Jinping during their meeting at the APEC summit in South Korea on 30 October 2025. The two leaders agreed to reduce tariffs and address key trade
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China strengthens trade ties with ASEAN
Regfollower Desk China and the ASEAN bloc signed an upgraded free trade agreement on 28 October 2025, marking a significant step in their economic partnership. The new deal, referred to as the 3.0 version, focuses on emerging sectors such as
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US: Trump administration signs trade deals on rare-earth and critical minerals with Malaysia, Cambodia, Thailand, Vietnam
The US has signed trade and critical minerals agreements with Malaysia, Cambodia, Thailand, and Vietnam to address trade imbalances and secure alternative rare earth supply chains amid China’s export restrictions. The Trump Administration has
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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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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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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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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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China lowers consumption tax threshold on ultra-luxury vehicles
China will lower the consumption tax threshold for super luxury cars from CNY 1.3 million to CNY 900,000. China’s Ministry of Finance and State Taxation Administration will lower the consumption tax threshold for super luxury cars from CNY
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Mexico: President to impose tariffs on China
President Claudia Sheinbaum announced that her government may impose tariffs on imports from countries without trade agreements, including China, under the "Plan Mexico" initiative. Mexican President Claudia Sheinbaum stated on 4 September 2025
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