Keywords: Global trade
Shares of major German car manufacturers dropped following the announcement by Donald Trump of a new increase in import tariffs on foreign vehicles. The measure raises duties from 15% to 25%, putting renewed pressure on an already fragile sector. Companies such as Dr. Ing. h.c. F. Porsche AG, Bayerische......
India has temporarily relaxed export requirements for rice shipments to several European destinations, allowing certain exports to proceed without a mandatory inspection certificate, according to an official government notification. The measure applies to both basmati and non-basmati rice and will remain......
German exporters are maintaining a generally positive outlook for international sales despite ongoing geopolitical tensions, according to a recent assessment by Allianz Trade. A large proportion of companies in Germany expect export revenues to grow in the coming year, reflecting resilience in one of......
British Prime Minister Keir Starmer is set to travel to the Gulf region to meet with regional leaders in an effort to support the reopening of the Strait of Hormuz, a strategic maritime passage essential for global energy supplies. The visit comes shortly after a ceasefire agreement between the United......
Bahrain has introduced a revised draft resolution at the United Nations Security Council aimed at improving the safety of commercial shipping in and around the Strait of Hormuz, a critical route for global energy supplies. The updated proposal reflects ongoing diplomatic negotiations, as it removes......
The European Union's Trade Commissioner, Maros Sefcovic, held a “very positive” meeting with U.S. Trade Representative Jamieson Greer on the sidelines of the World Trade Organization (WTO) ministerial in Cameroon on Saturday. The discussions focused on advancing cooperation on critical......
Thailand has been given until April 15 to submit its response to a United States trade investigation under Section 301 of the Trade Act of 1974, according to the country’s commerce ministry. Officials warned that failure to provide a detailed explanation could expose Thai exports to additional......
European Trade Commissioner Maros Sefcovic said the United States has assured the European Union it will respect the terms of the Turnberry trade agreement, despite new tariff measures that risk undermining the deal’s central provision of a 15 percent tariff ceiling. Speaking in Toronto on Thursday,......
Türkiye’s floriculture sector has experienced a surge in activity ahead of International Women’s Day, with around 80 million flowers exported to 35 countries around the world. The shipments, largely composed of carnations and hyacinths, were prepared mainly in greenhouses located in......
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