India and the United States wrapped up the fifth round of negotiations for the proposed Bilateral Trade Agreement (BTA) in Washington. The four-day talks, held from July 14 to 17, were headed by Rajesh Agrawal, India’s chief negotiator and Special Secretary in the Department of Commerce. “The Indian team is coming back,” an official told PTI, adding that the discussions had concluded. These negotiations are crucial, as both India and the United States aim to finalize an interim trade agreement before August 1—the date when the suspension of Trump-era tariffs, including a 26% duty on Indian goods, is set to…

Indonesia will remove import tariffs on the majority of goods originating from the United States under a recently finalized trade deal with the Trump administration. However, items such as alcoholic beverages and pork will continue to face import duties, a senior government official stated on Friday, as reported by the Jakarta Globe. Susiwijono Moegiarso, Secretary at the Coordinating Ministry for Economic Affairs, stated that Indonesian ministries are in the process of determining which U.S.-made goods will be excluded from the zero-tariff provisions. “There are several product categories we are still reviewing that will not receive zero-tariff treatment,” Susiwijono said. Out…

New Zealand Trade Minister Todd McClay declared on Friday that Canada has agreed to open its market to New Zealand dairy products, resolving a longstanding trade disagreement. New Zealand dairy exports were previously restricted from accessing the Canadian market, even though such restrictions violated the terms of the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) trade agreement. McClay stated that Canada has agreed to adjust its dairy import quotas, a move expected to generate up to $157 million in benefits for New Zealand dairy producers. “The government is pleased that this dispute has now been settled, and New Zealand…

A group of U.S. solar panel makers has urged the Commerce Department to impose anti-dumping and countervailing duties on imports from Indonesia, Laos, and India, alleging that the manufacturers are flooding the U.S. market with underpriced products to weaken local competition, according to a report by Reuters. The Alliance for American Solar Manufacturing and Trade submitted the petition to safeguard billions in domestic investments and remain competitive against products largely manufactured by Chinese firms. The petition alleges that that Indian firms and predominantly Chinese-owned manufacturers in Indonesia and Laos are violating trade rules by undermining U.S. solar producers and flooding…

The Federal Government of Nigeria stated that it plans to end the country’s reliance on fish imports by boosting domestic production. During a consultative meeting with fisheries cooperative groups on Wednesday in Abuja, Adegboyega Oyetola, Minister of Marine and Blue Economy, emphasized the government’s vision to position aquaculture as a foundation for strengthening food security, job creation, and export growth. “The Federal Government is fully committed to supporting the fisheries and aquaculture subsector through policy, technical support, and financial inclusion. We will scale up domestic fish production, reduce dependency on imports, and reposition the sector for sustainable growth,” Oyetola said.…

Canadian Prime Minister Mark Carney is implementing a range of trade protections to support Canada’s steel industry against foreign imports. The new measures include tighter restrictions on steel imports, even from nations with free trade agreements, as part of a broader effort to shield domestic mills from market disruptions. Carney made the declaration on Wednesday in Hamilton, presenting it as support for the steel industry, which has been hit by layoffs and reduced production in the weeks following the steep import tariffs imposed by the U.S. Carney also outlined that his government will allocate $1 billion from the Strategic Innovation…

U.S. President Donald Trump on Tuesday declared that the United States has finalized a trade agreement with Indonesia, which includes significant purchase commitments from the Southeast Asian nation. The agreement follows negotiations to avoid steeper tariffs. In a post on Truth Social, Trump said Indonesian exports to the U.S. will now face a 19% tariff, down from the previously threatened 32%. After the initial disclosure, Trump told reporters that Indonesia would impose no tariffs on U.S. exports. He also stated that the country had pledged to purchase “$15 billion in American energy, $4.5 billion in agricultural goods, and 50 Boeing…

China’s Ministry of Commerce declared on Tuesday that the export of critical technologies related to EV battery production must now require government licenses. According to the New York Times, the new restrictions are now in effect and apply to any international transfer of technologies, whether through trade, foreign investment, or joint innovations. The newly imposed controls cover techniques involved in producing lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) battery cathodes, along with cutting-edge methods for extracting and refining lithium from sources like brine and spodumene. Exporters are now required to secure official government authorization before sharing these…

The Pakistani government has scrapped its sugar import tender after the IMF rejected a proposed tax waiver on imported sugar. The Trading Corporation of Pakistan (TCP) had initially planned to procure 300,000 metric tons of sugar, but the tender was withdrawn due to a dispute over the exemption. Following the IMF’s rejection of the proposed tax waiver, the TCP has issued a revised tender to import 50,000 metric tons of sugar, substantially scaling back its original plan. International suppliers have been invited to submit bids by July 22, marking a notable shift in Pakistan’s sugar import strategy amid financial constraints…

NVIDIA CEO Jensen Huang stated on Tuesday that the company has received authorization from the U.S. government to export its H20 AI chips to China, marking a shift from previous restrictions that had limited the sale of NVIDIA’s AI technology to the Chinese market. In an April regulatory filing, NVIDIA revealed that the U.S. government had instructed the company to obtain a license in order to sell its AI chips to China, halting the company’s sales. The H20 chips had been specifically designed to comply with previous U.S. export controls aimed at limiting technology transfers to Beijing. According to a…