
All about International Trade
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News
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European Commission Updates Dual-Use Export Control List
The Commission has adopted a regulation updating the European Union list of dual-use items, adding semiconductor manufacturing equipment, advanced computing, and additive manufacturing.

Washington Imposes Sanctions on 22 Tankers in Crackdown on Iranian "Shadow Fleet"
The U.S. Treasury listed 17 tankers and associated companies, while the State Department added 5 tankers, 10 entities, and 6 individuals linked to the Iranian oil trade.

WTO Expects Global Trade to Grow 3.9% on AI Boom
The World Trade Organization raised its forecast for merchandise trade growth in 2026 to 3.9%, after chip and server sales drove nearly half of the first-half growth.

Russian Baltic Ports Increase Grain Export Capacity by 170%
Russian Baltic ports increased their annual grain export capacity to 23.5 million tons in October, up from 8.6 million tons in July, as Black Sea routes faced disruptions.

Japan Restricts Exports of Copper and Turbines to Russia Starting October 16
Japan announced additional export restrictions on Russia including plastics, copper, gas turbines, and tungsten, taking effect on October 16, 2026.

India-US Trade Talks Stall as They Hit a 'Plateau'
India's Finance Minister says trade talks with Washington have reached a 'plateau' with limited room for maneuver, after the US Trade Representative ruled out an imminent deal.

Washington Slows Aircraft Parts Licensing to China and Prepares New Export Rule
A report stated that the U.S. Department of Commerce has slowed export licenses for aircraft parts to China and is preparing a rule that allows for tighter restrictions on sensitive components in the sector.

US Statement on Forced Labor at G20 Limited to Mexico and Argentina
Only Mexico and Argentina signed a US-led statement on forced labor at the G20 trade ministers' meeting, while Washington expressed its disappointment.

G7 Rules Out Energy Export Bans on Allies, Plans to Release 100 Million Barrels of Diesel
Von der Leyen welcomed the G7 decision not to impose export bans on allies, alongside an IEA-led plan to inject 100 million barrels of diesel over four months.

3 Chip Export Control Bills Stall in US Senate
The "AI Oversight Act", "CHIPS Security Act", and "MATCH Act" bills remain without a vote in the US Senate, with accusations exchanged between both parties.

United States and China Reach Trade Deal Lowering Tariffs
The United States and China have reached a partial trade agreement reducing mutual tariffs by 30% on key goods, in a move that ends a round of economic tensions.

China's Exports Rise 8.7% in July, Beating Expectations Amid Trade Tensions
China's exports recorded a year-on-year growth of 8.7% in July, surpassing expectations despite ongoing trade tensions with the United States.

China's Imports Grow 0.5% in July, Signaling Weak Domestic Demand Despite Stimulus
China's imports grew 0.5% year-on-year in July, a figure that reveals weak domestic demand despite government stimulus packages and raises questions about sustainability.

US Inflation Data and Oil Inventories to Set Direction for Freight Costs This Week
The shipping and energy sectors await Wednesday's oil inventory data and Friday's PCE index as benchmarks for demand trends and fuel costs in the coming weeks.

SQM's Forecast Lifts Lithium Market Sentiment Despite Price Volatility
SQM's lithium demand forecast lifted medium-term market sentiment, amid ongoing price volatility driven by concerns over a supply surplus that has yet to be fully absorbed.

Canada Retaliates with 50% Tariffs on $20 Billion of U.S. Imports on September 8
Canada imposed 50% retaliatory tariffs on $20 billion worth of U.S. imports, including steel, dairy, and appliances, taking effect from September 8.

US-China Trade Drops 30% as Chinese Goods Flood European Markets
Bilateral trade between Washington and Beijing dropped by about 30%, while Chinese exports are flowing into Europe in massive volumes, sowing the seeds of new trade tension between China and the European Union.

Washington Imposes 50% Tariffs on Canadian Goods Tuesday — As Negotiations Stall
U.S. tariffs of 50% on over $20 billion worth of Canadian goods will take effect on Tuesday, as talks between Washington and Ottawa fail to reach an agreement.

