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EU to fine e-commerce platforms importing harmful items

EU states and lawmakers struck a deal Thursday to give the bloc the power to slap fines on online platforms importing unsafe items into the European Union. The measure is part of wide-scale reforms to the EU's customs rules, including an EU-wide handling fee on products bought outside the 27-nation bloc, as Brussels steps up its efforts to stem...

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EU-Australia FTA: Tarriff removal and export growth projections

The European Union and Australia have concluded negotiations on a comprehensive free trade agreement (FTA), marking a significant step for international business and trade. The agreement, finalised during a meeting between European Commission president Ursula von der Leyen and prime minister of Australia Anthony Albanese, will remove over 99...

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Stocks diverge, dollar down over Trump tariffs uncertainty

Global equities traded mixed and the dollar fell slightly Monday as uncertainty over Donald Trump's tariffs gripped markets after the US Supreme Court struck down a large part of the president's upending trade policy. The court on Friday ruled that Trump does not have the authority to impose tariffs under a 1977 law he has relied on to impose...

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US to reinstate duty-free benefits for Guatemala and El Salvador imports

The US government has confirmed plans to reinstate duty-free treatment for qualified textile and apparel goods from Guatemala and El Salvador as part of the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). In order to reestablish the agreement, both regions were required to commit to a number of changes regarding...

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Following meeting with Trump: Xi warns of disrupted supply chains

Following a meeting with US president Donald Trump, China's head of state and party, Xi Jinping, has warned of a breakdown in supply chains. To drive economic growth, the stability of industrial and supply chains must be guaranteed, Xi said at the summit of heads of state and government of the Asia-Pacific Economic Cooperation (APEC) in...

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EU-US agreement: a deal stabilising transatlantic trade despite differences

Despite persistent tensions, the framework agreement signed in July 2025 between the European Union and the United States marks a turning point in the perception of American companies based in Europe. According to the latest survey by the American Chamber of Commerce to the European Union (AmCham EU), published at the end of September, the sense...

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Mexico eliminates tariff-free footwear imports to protect its industry

The Mexican government announced on Thursday the elimination of a temporary trade regime that allowed the tariff-free import of finished footwear. This has reduced production and employment in the sector, according to President Claudia Sheinbaum. This decision is the latest in a series that the left-wing government has implemented. It aims to...

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US ends de minimis loophole for international imports

As of Friday, the US has abolished duty-free imports for goods valued under 800 dollars. President Donald Trump initially lifted the exemption for China. At the end of July, he also ordered the end of duty-free status for parcels from around the world. International postal services had already restricted shipments to the US in recent weeks due...

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Trump threatens tariffs over digital laws; EU counters

The EU remains unfazed by new tariff threats and demands from US president Donald Trump. Spokespeople for the European Commission, responsible for EU trade policy, made it clear in an initial reaction that the EU will not be dictated to by Trump regarding the rules it sets for digital platforms and businesses. They also referred to the recent...

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Global postal services suspend US shipments amid de minimis changes

Global postal services are enacting either a full or partial pause on shipments to the US amid the region’s changes to the de minimis rule, which had allowed for packages worth under 800 dollars to enter the country duty-free. First introduced in 2016, President Donald Trump had first brought the exemption to an end in May for goods imported...

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US fashion industry faces historic price surge following reciprocal tariffs

The retail landscape in the United States underwent a dramatic shift on August 7 as the most comprehensive tariff increases since the 1930s took effect. Thursday saw the reciprocal tariffs come into effect under the Trump administration after months of delays, with most imports into the country being hit with a baseline 10 percent duty. But with...

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Trump on customs deal: 600 billion dollar ‘gift’ from EU

The 600 billion dollars pledged by the EU in investments as part of the customs deal with the US is at the free disposal of the US, according to US President Donald Trump. “They have given us 600 billion dollars that we can invest in anything we want,” he said in an interview with CNBC. Trump described the sum as a “gift” that is not a loan and...