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,
See MoreChina 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
See MoreNorway: Cabinet approves tax treaty with Chinaย
Norway's Cabinet has approved the new 2025 China-Norway Income Tax Treaty through Bill No. Prop. 6 S (2025โ2026) on 31 October 2025. The agreement aims to prevent double taxation on income and curb tax evasion between Norway and China. The
See MoreUS: 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
See MoreUS 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
See MoreChina strengthens trade ties with ASEANย
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
See MoreUS: 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 Chinaโs export restrictions.ย The Trump Administration has
See MoreUS, China agree on rare earth framework amid Trumpโs 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
See MoreUS: 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 Chinaโs Russian oil imports.ย U.S. President Donald Trump expressed his optimism on
See MoreCanada 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
See MoreIndia considers easing imports on Chinese raw materials
Indiaโs 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. Indiaโs Ministry of Commerce and Industry, supported by
See MoreItaly 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
See MoreChina 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.ย Chinaโs Ministry of Finance and State Taxation Administration will lower the consumption tax threshold for super luxury cars from CNY
See MoreMexico: President to impose tariffs on Chinaย
President Claudia Sheinbaum announced that her government may impose tariffs on imports from countries without trade agreements, including China, under the "Plan Mexico" initiative.ย Mexican President Claudia Sheinbaum stated on 4 September 2025
See MoreChina introduces new VAT refund policy from next month
From September 2025, certain VAT taxpayers can apply for refunds of unused tax credits.ย China's Ministry of Finance and State Administration of Taxation released Announcement No. 7 of 2025 on 22 August 2025, introducing a new VAT refund policy.
See MoreChina: Finance Ministry consults on draft VAT law regulations
The new draft VAT law aligns with existing VAT policies while introducing key adjustments, organised into six chapters covering provisions, rates, payable taxes, incentives, administration, and supplementary rules. China's Ministry of Finance has
See MoreCameroon, China income tax treaty enters into force
The Cameroon-China tax treaty applies from 1 January 2026. The income tax treaty between Cameroon and China entered into force on 26 July 2025. Signed on 17 October 2023, it is the first agreement of its kind between the two nations. It aims
See MoreChina pauses 24% tariff on US goods for 90 days, keeps 10% levy
China extends the suspension of 24% additional tariffs on US imports for 90 days, keeping 10% tariffs intact. Chinaโs Customs Tariff Commission of the State Council announced on 14 August 2025 that it has temporarily suspended its additional
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