Trump’s 50% Tariff Sows Fear Inside Indian Apparel Hub The recent announcement of a 50% tariff by the Trump administration has sent shockwaves through the Indian apparel hub, leaving many stakeholders anxious about the future. Factories that had previously invested in anticipation of a boom in orders are now finding themselves saddled with debt and […]
Swiss Offer Trump Sweetener on Gold to Get Better Tariff Deal
Swiss Proposal to Boost US Gold Refining Industry in Exchange for Tariff Reduction In the realm of international trade negotiations, creative solutions often emerge as countries seek to find common ground on thorny issues. The latest development in this arena comes from Switzerland, a country renowned for its precision, neutrality, and financial acumen. In a […]
EU and Indonesia free trade deal strengthens tech and digital supply chains
EU and Indonesia Free Trade Deal Strengthens Tech and Digital Supply Chains The recent free trade agreement between the European Union and Indonesia marks a significant milestone in the realm of international trade. Beyond the traditional aspects of trade agreements, this deal goes a step further by focusing on strengthening technology and digital supply chains. […]
US and China Reach Deal to Transfer TikTok Ownership, Trade Official Says
US and China Reach Deal to Transfer TikTok Ownership, Trade Official Says In a significant development in the tech world, the United States and China have finally reached a breakthrough deal to transfer ownership of the popular social media app TikTok. This framework agreement marks a crucial step in resolving the long-standing dispute over the […]
European Commission proposes mutual data flow agreement with Brazil
European Commission Proposes Mutual Data Flow Agreement with Brazil In a significant development for international data governance, the European Commission has put forward a proposal for a mutual data flow agreement with Brazil. This move is not only aimed at strengthening economic ties between the European Union and Brazil but also reflects a commitment to […]
Swiss Watchmakers Sound Upbeat on US as Long as Stocks Last
Swiss Watchmakers Sound Upbeat on US as Long as Stocks Last Swiss watchmakers have recently found a glimmer of hope amid the looming threat of a new 39 percent U.S. tariff on luxury timepieces. Despite the potential setback, a surge in exports in July has provided a much-needed shield for Swiss watch brands, softening the […]
SCO Tianjin Summit underscores economic cooperation and security dialogue
SCO Tianjin Summit: Fostering Economic Cooperation and Security Dialogue Leaders from the Shanghai Cooperation Organization (SCO) recently convened at the SCO Tianjin Summit, where significant strides were made towards enhancing economic cooperation and fostering security dialogue among member nations. The summit culminated in the adoption of the Tianjin Declaration, a pivotal document that emphasizes the […]
CJEU dismisses bid to annul EU-US data privacy framework
CJEU Dismisses Bid to Annul EU-US Data Privacy Framework The recent decision by the EU General Court to uphold the EU-US Data Privacy Framework marks a significant development in the ongoing debate surrounding data privacy and protection. The court’s ruling dismissed claims that the framework fails to provide sufficient safeguards and oversight of US data […]
How the End of the De Minimis Exemption Will Impact US Shoppers and Businesses
The Impact of Ending the De Minimis Exemption on US Shoppers and Businesses The recent decision by the Trump administration to terminate the de minimis exemption, which allowed duty-free imports for packages under $800, is poised to shake up the landscape for both American shoppers and businesses alike. This move is expected to have a […]
US and EU strike new trade agreement
US and EU Reach New Trade Agreement: Car Tariffs to be Slashed in Exchange for Reduced Barriers In a significant development that promises to reshape the landscape of transatlantic trade, the United States and the European Union have come to a pivotal agreement. The deal, which hinges on mutual concessions, signals a breakthrough in the […]