Trade Information

The Argentine government has officially repealed Decree No. 71178, a regulation dating back to 1935 that imposed quality inspection, packaging, and transportation requirements on vegetable exports.

if the EU and the CPTPP bloc were to align as a unified trading group, it would create the largest free trade area in the world, offering significant economic and geopolitical leverage.

On May 21, China's Ministry of Commerce announced that the Special China-ASEAN Economic and Trade Ministers' Meeting was held virtually on May 20.

China's titanium dioxide (TiO₂) exports fell sharply to 148,000 metric tons in April 2024, representing a 20.0% decline month-on-month and a 6.0% decrease year-on-year.

The proposed amendment focuses on items classified under HS Code 8443.300000

China imported 5.7 tonnes of dichloromethane in March 2025, marking a year-on-year increase of 2.3%. Exports during the same period reached 27,173.3 tonnes, up 4.8% year-on-year.

The UK's DEFRA has recently updated its import guidelines covering frog legs, snail meat, and certain highly refined animal products intended for human consumption.

Malaysia has issued a notification on the Electrical Equipment Approval Guidelines (Electricity Regulations 1994), 2024 Edition (GP/ST/No.37/2024).

In March 2025, China imported 48,500 tons of ethylene dichloride (EDC), showing a year-on-year increase and a month-on-month surge of 202.18%.

These updates form part of a broader chemical industry package open for public consultation, with the final legislation expected in Q4 2025.

On May 13, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) officially announced on its website the repeal of the Biden administration's AI Diffusion Rule issued in January 2025

This is to prove the compliance of Vietnamese products with U.S. requirements, including origin rules and other standards related to products manufactured in Vietnam.

The tariff rate will be adjusted from 34% to 10%, and the 24% additional tariff rate on the United States will be suspended within 90 days.

The 'reciprocal tariffs' on Chinese goods will be reduced to 10%, and the tax rates for 'small-value imports' will be lowered.

As needed, both sides can conduct working-level consultations on relevant economic and trade issues.

High-level China-U.S. economic and trade talks were held in Geneva, Switzerland, from May 10 to 11.

Thailand's Department of Foreign Trade (DFT) has announced it will tighten oversight of the country of origin for goods exported to the United States, following the imposition of a 36% retaliatory tariff by the U.S.

Total Value of Imports and Exports by Major Countries and Regions - April 2025

According to data released by China Customs, the total value of China's goods trade in the first four months of 2025 reached RMB 14.14 trillion, an increase of 2.4% year-on-year (YoY).

According to data from China Customs, China imported 45,100 metric tons of vinyl chloride monomer (VCM) in March 2025, representing a year-on-year increase of 241.01% but a month-on-month decline of 36.27%.

Effective May 7, 2025, China will impose anti-dumping duties on imports of cypermethrin originating from India

On May 3, India's Directorate General of Foreign Trade (DGFT) issued a notice announcing an immediate ban on the import of goods originating from or transiting through Pakistan.

Starting next year, France plans to impose additional fees on small parcels arriving from China

On April 21, 2025, the U.S. Food Safety and Inspection Service (FSIS) issued the second revision of its directive titled Export Certification and Inspection of Natural Casings.

The services trade deficit stood at RMB 303.88 billion, narrowing by RMB 24.46 billion compared to the same period last year.

The move is intended to prevent circumvention of trade regulations through false origin declarations for goods exported to the U.S.

The total value of trade-related friction measures fell 19.9% year-on-year and 2% month-on-month.

In response, the three countries submitted official letters to the U.S. Department of Commerce opposing the investigation.

In April 2025, the U.S. state of New Mexico passed the Per- and Poly-Fluoroalkyl Substances Protection Act

Ontario Premier Doug Ford recently introduced the Protect Ontario Through Free Trade Within Canada Act in the provincial legislature, aiming to promote free trade and labour mobility within Canada.