Beijing announced an expansion of its Hainan Free Trade Port (FTP) policies, revealing new measures that will take effect with the launch of island-wide independent customs operations on December 18, 2025. The move, supported by a multi-ministerial rollout and confirmed at a high-profile State Council Information Office press conference, marks

Canada has escalated its trade dispute with China, announcing an additional 25% surtax on imports containing Chinese-melted and poured steel, effective by the end of July. The move, which Ottawa says aims to boost supply chain transparency and prevent circumvention of existing trade measures, drew swift condemnation from Beijing.

Last week, Canada announced that it would be imposing a new 50% surtax, functioning as a tariff-rate quota, on certain steel imports from countries with whom it does not have a trade agreement.

China's Ministry of Commerce (MOFCOM) has outlined a detailed roadmap for extending zero-tariff treatment to imports from 53 African nations, solidifying a commitment made at last week's ministerial meeting. This initiative, part of a broader China-Africa Economic Partnership for Shared Development, will involve negotiations on "

At a ministerial meeting between leaders from China and African countries last week, China detailed substantial financial and trade commitments to African countries, including tariff-free status for 53 African countries having diplomatic relations with China. The initiatives are part of Beijing's ongoing efforts to strengthen its partnership with

One day after the U.S. Court of International Trade found all of the Trump administration's tariffs under the International Emergency Economic Powers Act (IEEPA) to be illegal, a second court issued a ruling that had the same effect but went even further in its reasoning, finding that

In two parallel cases brought by a group of small businesses and by several U.S. states, a three-judge panel of the U.S. Court of International Trade (CIT) ruled yesterday that all of the Trump administration's tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are