Background

EU broadens concerns on subsidies in U.S. climate law

“The commission, which negotiates trade issues on behalf of EU states, is in talks with Washington to address these concerns. It’s also discussing options with South Korea and Japan, including the possibility of bringing the case to the WTO.”

[Bloomberg]

New California law bans PFAS chemicals from apparel, personal care products

“PFAS are used to provide stain, grease and water resistance in a wide variety of consumer products, including food packaging, cookware, cleaning products, rugs and carpets, home furnishings, household linens, childcare products, cosmetics, personal care products and apparel, including outdoor wear.”

[Advertising Specialty Institute]

Cargo ships are canceling sailings on key routes

“Freight costs are plummeting, too. Globally the average cost to ship a container is around $4,000, compared to a peak of just over $11,000 in September last year, per the Freightos Baltic Index.”

[Business Insider]

Israel-South Korea free trade deal to take effect Dec. 1

“The free trade deal, signed in May 2021, is Israel's first with an Asian country and tariff reductions will apply to imports, exports as well as to investments, the ministry said. More than 95% of Israeli exports to South Korea will be duty free.”

[Reuters]

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