Category : Trade


Vietnam-EU Elevate Ties to Top Diplomatic Level

Vietnam and the European Union have upgraded their relationship to a comprehensive strategic partnership, the highest diplomatic level for Vietnam, as both navigate global trade disruptions driven by US tariff pressures.

Canada Welcomes Chinese EVs with New Import Cap

Canada has replaced its 100% tariff on Chinese-made cars with a 49,000-vehicle import cap and 6.1% duty, aiming to counter US influence and attract investment while US automakers warn of risks to North American manufacturing.

EU-India Trade Deal Marks Strategic Pivot

The European Union and India have finalised a historic free trade agreement after nearly 20 years of negotiations, reflecting Brussels' drive to forge new global partnerships as trans-Atlantic relations face turbulence under the Trump administration.

Brits Boycott US Brands Over Trump Policies

A growing movement sees British consumers boycotting American products and travel to protest Trump administration policies, with activists citing the '3.5 per cent rule' for effective change.

Slovakia to Sue EU Over Russian Gas Ban

Slovakia announces legal action against the EU's Russian gas import ban, with Hungary also planning a challenge. The ban aims to halt all imports by 2027.

India-EU Clinch Historic Free Trade Agreement

After nearly two decades of negotiations, India and the European Union have reached a comprehensive free trade agreement, described as the 'mother of all deals', covering 25% of global GDP and impacting 2 billion people.

Trump Threatens 25% Tariffs on South Korea

Donald Trump announces plans to raise US tariffs on South Korean imports to 25%, blaming Seoul's National Assembly for failing to ratify a trade agreement reached last year.

Americans Set for Bigger Tax Refunds in 2026

Millions of Americans could see tax refunds increase by up to 30% this year due to new deductions and credits introduced in recent legislation, including changes to SALT and child tax credits.

Balkan Truckers Block Borders Over EU Entry Rules

Truck drivers from non-EU Balkan nations have blocked key border crossings in coordinated protests against stricter enforcement of EU entry regulations, demanding exemptions for professional drivers.

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