Author: Editorial Desk

The Directorate General of Trade Remedies (DGTR), the investigative arm of the Commerce Ministry, has initiated an anti-dumping investigation into imports of a Chinese rubber product used predominantly in the automotive industry. The probe follows a complaint lodged by domestic manufacturer Reliance Sibur Elastomers, which alleged that the dumping of Halo Isobutene and Isoprene Rubber (HIIR) from China has adversely impacted the Indian industry. In a notification, DGTR stated that it had found prima facie evidence of dumping, injury to the domestic industry, and a causal link between the two. “On the basis of the duly substantiated application filed by…

India should press the United States to withdraw the 25% ‘Russian oil’ tariffs before entering any trade agreement, according to a new report from the Global Trade Research Initiative (GTRI). The report advised that India complete its exit from sanctioned Russian oil imports, secure a rollback of the tariffs to restore competitiveness, and only then resume balanced trade negotiations with Washington. GTRI noted that India has already halted imports from sanctioned Russian firms, a step acknowledged by U.S. President Donald Trump. With that phase completed, the next focus should be on convincing Washington to remove the 25% tariff, which would…

Chinese electric vehicle manufacturer BYD has sharply increased its European sales, reducing the gap with long-time market leader Tesla. The Shenzhen-based automaker recorded 24,963 new-car registrations in Europe in September. Nearly five times the 5,013 units it sold during the same month last year, according to data from the European Automobile Manufacturers Association (ACEA). The association’s data covers the European Union, the UK, Iceland, Liechtenstein, Norway, and Switzerland. Tesla’s September sales in the region dropped by 10.5% year-on-year to 39,837 vehicles. Analysts say BYD’s rapid growth reflects the success of its globalization strategy. “The numbers further proved that BYD’s internationalisation…

Chinese steel exports are expanding rapidly worldwide, with Saudi Arabia emerging as one of the fastest-growing destinations in 2025. According to Chinese customs data and Bloomberg analysis, the Kingdom’s steel imports from China surged 41% in the first nine months of the year compared to the same period in 2024, the largest increase among major global markets. China’s total steel exports reached 97.76 million tons in the first ten months of 2025, surpassing last year’s full-year total and positioning the country for a new annual record. While shipments to Vietnam and South Korea declined amid tighter import restrictions, demand from…

Brazil’s beef exports to China surged by 38.3% in September 2025, reaching 187,340 tons, according to the Brazilian Meat Exporters Association (Abrafrigo). The rise comes as Beijing shifts agricultural imports away from the United States amid heightened trade tensions with Washington. Total Brazilian beef exports hit a record 373,867 tons, valued at $1.92 billion, a 49% year-on-year increase in revenue and a 17% rise in total volume. China’s growing appetite for Brazilian beef has helped offset reduced U.S. demand following former U.S. President Donald Trump’s 50% tariff on Brazilian goods, including meat products. Beijing, meanwhile, has reinforced its political and…

Thailand is set to introduce its traditional woven textiles to Japan through a new ‘Thai Fabric Kimono’ collection, developed in collaboration with OMIYA, a renowned Kyoto-based kimono fabric merchant. The initiative, led by the Department of International Trade Promotion (DITP) and the Support Arts and Crafts International Centre of Thailand (SACIT), will officially launch on November 25, 2025, in Tokyo and Kyoto. The collection forms part of the royal project ‘Pha Thai Sai Hai Sanuk’ (Thai Fabric, Fun to Wear), championed by Her Royal Highness Princess Sirivannavari Nariratana Rajakanya. It continues the royal vision of Her Majesty Queen Sirikit, The…

India is on course to become the world’s largest Scotch whisky market in both value and volume over the next few years, according to Scotch Whisky Association (SWA) Chief Executive Mark Kent CMG. It is driven by rapid economic growth, increasing competition, and rising demand for premium brands. Kent highlighted that India already leads globally in Scotch whisky imports by volume and ranks among the top five in value. With a growing base of discerning consumers and a competitive environment for imports, he believes India is well-positioned to top both categories soon. “If you add the factors of market growth…

Colombia has strengthened economic relations with China through a new agreement enabling the export of coffee, bananas, and cocoa to the Chinese market from 2026. The deal was announced during the China International Import Expo (CIIE) 2025, held in Shanghai from November 5 to 10, where Colombia participated as the guest country of honor. According to Colombia’s Ministry of Commerce, the agreement outlines annual exports of up to 80,000 tons of coffee, 15,000 tons of bananas, and 10,000 tons of cocoa. The initiative reflects Colombia’s broader goal of transforming its agricultural sector into a driver of economic diversification and sustainable…

The U.S. Trade Representative’s (USTR) decision to suspend U.S. port fees on China’s maritime and shipbuilding sectors has triggered sharp divisions within the shipping industry, revealing contrasting views on how Washington should confront Beijing’s growing industrial influence. The one-year suspension, effective from November 10, 2025, to November 9, 2026, halts measures introduced only weeks earlier on October 14, following a Section 301 investigation. The probe, initiated by the United Steelworkers and allied labor unions, accused China of using state subsidies to dominate global shipbuilding orders. To guide implementation, the USTR opened a one-day public comment period, which drew a surge…

Vietnam’s textile and garment sector is showing a firm recovery in 2025 after a prolonged slowdown, reflecting the industry’s resilience and its growing position in the global market. Businesses continue to grapple with high operating costs, logistics challenges, and mounting pressure to meet sustainability and trade compliance standards. According to Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS), export turnover reached $34.75 billion in the first nine months of 2025, marking a 7.7% year-on-year increase. The performance reinforces Vietnam’s rank as the world’s third-largest textile and garment exporter, surpassing its earlier status as a low-cost processing…