The world of car manufacturing and global trade dynamics is always on the move, and a recent proposal by the US Commerce Department is causing ripples in the automotive industry. This proposal could potentially disrupt imports of vehicles made in China and sold in the United States, affecting major players like General Motors (GM) and…

China’s dairy farms are experiencing a surplus of milk as a result of changing demographic and economic factors. The slowing birth rates and cost-conscious consumer behavior have led to decreased demand for milk products, despite the significant expansion of farms in recent years. The surplus of milk in China reflects the unintended consequences of efforts…

The US Department of Commerce recently announced the implementation of new export controls, particularly focusing on technologies such as metal additive manufacturing. The primary objective behind these controls is to enhance national security, counter terrorism threats, and bolster regional stability. This move includes the introduction of Export Control Classification Numbers (ECCNs) for metal 3D printing…

China has announced that it will be imposing export restrictions on antimony, a critical mineral used in the defense and electronics industries. As the world’s largest producer, accounting for 48 percent of global production and 63 percent of U.S. antimony imports, this has raised concerns about potential supply disruptions for U.S. national security. It is…

In a significant move aimed at boosting defence trade and collaboration, the AUKUS nations – Australia, the UK, and the US – have announced the removal of licensing requirements for defence exports between the countries. This groundbreaking decision, described as ‘generational legislative reforms,’ marks a crucial step towards facilitating investment opportunities and fostering closer industry…

In recent developments, the rail labor dispute in Canada has triggered a shutdown of freight traffic on two major railways, posing a significant threat to supply chains across North America. The lockout affecting nearly 9,300 workers at Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) has raised concerns about potential disruptions to the…

Proposed Rule to Amend Definition of Defense Service in the ITAR The US Department of State has proposed a new rule to revise the definition of defense service in the International Traffic in Arms Regulations (ITAR). The proposed amendments aim to redefine defense services to include a broader range of activities related to the development,…

A recent bipartisan effort in the United States has brought forth the Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains (FIGHTING) for America Act, aimed at enhancing scrutiny on e-commerce imports coming from China. The bill, proposed by five senators, responds to the surging number of e-commerce shipments, primarily from platforms like Shein and…

The European Commission has expressed confidence in the compatibility of its investigation findings and subsequent measures against state subsidies for Chinese electric vehicles (EV) with World Trade Organization (WTO) regulations. The EU executive arm continues to uphold its stance amidst an ongoing probe, signaling a robust commitment to fair trade practices. The European Union’s decision…

In recent developments, the trade relationship between Russia and China has encountered significant challenges, impacting the imports of Chinese cars into Russia. Payment issues stemming from US sanctions are posing severe hurdles for Russian imports of Chinese vehicles, with implications for both countries’ economies. According to Reuters, the head of Russia’s car dealers association highlighted…