Trade Information

Former U.S. President Donald Trump recently announced plans to impose tariffs on imported cars beginning April 2. Given the major sources of U.S. auto imports, this decision is expected to affect automakers from Japan, South Korea, and Germany.

The President of the German Bundesbank, Joachim Nagel, recently warned that potential U.S. protectionist trade policies pose a significant risk to Germanys export-driven economic growth.

Brazils total trade volume reached $599.5 billion in 2024, marking a 3.3% year-on-year increase—the second highest since records began in 1989.

Dow and BASF have petitioned the U.S. Department of Commerce and the U.S. International Trade Commission (USITC) to impose anti-dumping duties on diphenylmethane diisocyanate (MDI) imported from China.

The 25th edition of the RSL is updated to reflect changes or additions to laws and regulations that restrict or ban the use of certain chemicals in finished apparel, footwear, accessories, and home textiles.

The U.S. approach is a typical example of unilateralism and protectionism. Many countries have explicitly voiced their opposition, and there is also significant opposition within the United States.

According to statistics, 432 AEO-certified enterprises under Guangzhou Customs currently conduct import and export trade with Thailand.

On February 11, the China-Kazakhstan Business and Trade Meeting was held in Astana.

Ukraine's technical regulation on chemicals, akin to the EU REACH Regulation, officially came into force on January 26, 2025.

Thailand is one of China's most important trade partners in Southeast Asia. China has remained Thailand's largest trading partner for 12 consecutive years.

As the intermediate holding company of the group's shipbuilding business, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) played a key role in this record-breaking performance.

The American Chemistry Council (ACC) projects a 0.4% decline in U.S. chemical production in 2024, followed by modest growth of 1.9% in 2025.

The Institute of Process Engineering at the Chinese Academy of Sciences recently announced a major breakthrough in the industrialization of phosgene-free diphenylmethane diisocyanate (MDI) production using the urea method.

On February 1, the U.S. announced a 10% tariff on certain Chinese products.

On February 3, 2025, Panamanian President José Raúl Mulino made a sudden announcement that Panama would not renew the Belt and Road Initiative (BRI) Memorandum of Understanding (MoU) signed with China in 2017.

El Salvador has taken a significant step in reforming its intellectual property (IP) framework with the publication of a new law in *Official Gazette No. 153*.

So, how has Chile become a leading source of agricultural imports for China among Latin American nations?

Since its implementation on October 1, 2023, the European Union's Carbon Border Adjustment Mechanism (CBAM) has operated smoothly during its transition phase.

The signing of the DTA aims to eliminate double taxation between the two countries, promoting the healthy development of business and safeguarding the interests of investors.

Recently, the U.S. Department of Commerce announced new export control measures related to artificial intelligence (AI).

South Korea's National Assembly recently passed amendments to the Patent Act, Utility Model Act, and Patent Act for Expanding Public Access to Pharmaceuticals.

Under the global minimum tax standard established by the OECD Council, Thailand will implement a minimum corporate tax of 15% on multinational corporations to prevent excessive tax competition.

According to the Buenos Aires Economic Express, Argentina's Ministry of Foreign Affairs has officially announced the entry into force of the Argentina-China Double Taxation Avoidance Agreement.

The European Commission has recently adopted a regulation prohibiting the use of bisphenol A (BPA) in food contact materials due to its potential harmful effects on health.

The report outlines a series of coordinated enforcement actions by the Department of Commerce, the Department of Justice, and the FBI to prevent China from acquiring advanced U.S. technology.

On January 17, 2025, the China Council for the Promotion of International Trade (CCPIT) released the Global Economic and Trade Friction Index for November 2024 at its monthly press briefing.

The UAE will continue to expand its Comprehensive Economic Partnership Agreement (CEPA) network in 2025, targeting additional countries to maximize benefits for the UAE and its global trade partners.

On January 13, Chinese Premier Li Qiang held talks with Grenadian Prime Minister Dickon Mitchell at the Great Hall of the People in Beijing during the latter's official visit to China.

El Salvador is a small agricultural country in Central America. China and El Salvador officially established diplomatic relations in 2018, and in April this year, the two nations formally launched free trade agreement (FTA) negotiations.

In 2024 included steady growth in personal consumption expenditures, a slowdown in private fixed investment, a widening trade deficit, a contracting manufacturing sector, a relatively stable labor market, slower inflation declines.