Trump mulls tariffs on foreign electronics based on number of chips
“According to the plan, which has not previously been reported and could change, the Commerce Department would impose a tariff equal to a percentage of the estimated value of the product's chip content.”
[Reuters]
Carney says Canada-U.S. trade talks will move to USMCA review process
“Canada has been holding talks for months with Washington on a new economic and security relationship, with the aim of removing all U.S. tariffs on Canadian goods, but those talks have stalled.”
[Reuters]
China forgoes developing country perks at WTO
“The advantages of that designation at the WTO include lower requirements to open their markets to imports and longer transition periods to implement such market-opening steps.”
[TRT World]
China puts three U.S. entities on export control list
“MOFCOM said exports of dual-use items to these three companies are prohibited, and all related ongoing export activities must cease at once. In exceptional cases where exports are deemed necessary, exporters must apply to the ministry for approval, per the statement.”
[Global Times]
Canada signs free trade agreement with Indonesia
“The signing came just a few days after Jakarta and the European Union finalised a trade agreement after nearly a decade of talks. An analyst told AFP that signing two trade deals within a week would make Indonesia more resilient to volatility under tariffs imposed by US President Donald Trump.”
[AFP]
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