News

United States Reaches Deal With Austria, France, Italy, Spain, And The United Kingdom To Avoid Section 301 Duties
United States Reaches Deal With Austria, France, Italy, Spain, And The United Kingdom To Avoid Section 301 Duties

27/10/2021

Office of the U.S. Trade Representative (USTR) announced an agreement reached with five countries – Austria, France, Italy, Spain, and the United Kingdom – on digital services tax (DST) measures that had been subject to recent investigations by USTR under Section 301 of the Trade Act of 1974. These countries will avoid 25 percent duties on certain imports into the United States as a result of the deal.

Coffee exports record four-year high
Coffee exports record four-year high

27/10/2021

Vietnamese coffee prices have skyrocketed in recent weeks amid the country exporting 1.18 million tonnes of coffee worth US$2.23 billion during the opening nine months of the year, according to statistics compiled by the General Department of Vietnam Customs.

Next Steps on the U.S. Steel and Aluminum Tariffs
Next Steps on the U.S. Steel and Aluminum Tariffs

27/10/2021

With U.S. steel prices soaring, shortages multiplying, and the EU poised to double its retaliatory duties on U.S. exports, it’s past time for the United States to rescind the so-called Section 232 tariffs on steel and aluminum. Doing so will avert further harm to American workers and allow the U.S. and its allies to refocus on the true challenges facing global metal markets.

Vietnam’s aquatic product exports projected to reach 8.4 billion USD
Vietnam’s aquatic product exports projected to reach 8.4 billion USD

27/10/2021

Vietnam's aquatic product exports are forecast to rake in 8.4 billion USD this year, equivalent to the figure in 2020, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam Government issues special preferential import tariff to implement Vietnam-Laos Trade Agreement
Vietnam Government issues special preferential import tariff to implement Vietnam-Laos Trade Agreement

25/10/2021

The Government has issued Decree 90/2021 on a special preferential import tariff to implement the Vietnam-Laos Trade Agreement from October 4, 2020 to October 4, 2023.

Vietnam on track to achieve US$600 billion in foreign trade
Vietnam on track to achieve US$600 billion in foreign trade

25/10/2021

The goal of US$600 billion in foreign trade is likely to be realised by the end of the year because by October 15, the national import-export turnover had exceeded US$510 billion, according to Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).

India removes anti-dumping duty on chemicals imports from EU, South Korea, Russia and Singapore
India removes anti-dumping duty on chemicals imports from EU, South Korea, Russia and Singapore

25/10/2021

The Finance Ministry has removed anti-dumping duty on Polytetrafluoroethylene (PTFE) imports from South Korea and Russia.

India imposes definitive ADD on arylide imports from China
India imposes definitive ADD on arylide imports from China

22/10/2021

India’s department of revenue under the finance ministry recently imposed definitive anti-dumping duty (ADD) on arylide imports from China. 

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