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Global Trade

Canada Manufacturing Growth Hits Four-Year High Despite Global Demand Concerns

Canada’s manufacturing sector expanded at its fastest pace in more than four years in July, driven by stronger domestic demand that boosted production and new orders. The S&P Global Canada Manufacturing Purchasing Managers’ Index...

Major Traders Halt Deals With Iron Ore Giant Radiant World

Global commodity giants Vitol Group and Cargill have suspended trading activities with Radiant World, one of the world’s largest iron ore traders, according to a Bloomberg report released on Friday. The report also stated...

US Expands Import Ban to 43 Chinese Companies Over Uyghur Rights Concerns

The United States has added 43 more Chinese companies to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, citing alleged links to human rights abuses against Uyghurs and other minority groups in China’s...

U.S. Slaps 25% Tariffs on Brazil, Escalating Global Trade Tensions

The United States has imposed a 25% tariff on many imports from Brazil while granting a broader-than-expected list of exemptions, marking the first country targeted under the Trump administration’s revamped tariff strategy. The duties,...

USMCA Review Begins as U.S. and Canada Face Trade Disputes

The United States, Canada, and Mexico are set to meet on July 1 to begin the mandatory six-year review of the United States-Mexico-Canada Agreement (USMCA), amid growing trade tensions between Washington and Ottawa. The...

U.S. Set to Trigger USMCA Review, Opening Decade-Long Trade Negotiations

The administration of U.S. President Donald Trump is expected to formally announce on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement (USMCA), activating the pact’s sunset review process. The move will begin a...

Canada Invests C$7 Million in Greenland Critical Minerals Project

Canada has announced a non-repayable grant of C$7 million (approximately US$4.93 million) to support the development of the Malmbjerg molybdenum mining project in eastern Greenland. The funding, provided through Natural Resources Canada’s Critical Minerals...

Flavio Bolsonaro to Oppose Proposed U.S. Tariff on Brazilian Goods at Trade Hearing

Brazilian right-wing Senator Flavio Bolsonaro, who is expected to run in the country’s October presidential election, has registered to participate in a public hearing before the U.S. International Trade Commission. The hearing, scheduled for...

Germany Eyes Brazil for Critical Metals, Offers Tech Support

Germany’s Chancellor Friedrich Merz on Monday highlighted Brazil’s strong potential to expand supplies of critical metals essential for e-mobility and wind energy, signaling a push to deepen industrial cooperation. Speaking at the Hanover Industrial...