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U.S. trade chief pressured to lift duties on Canadian lumber

17/05/2021

As U.S. Trade Representative Katherine Tai prepares to meet her Canadian and Mexican counterparts on Monday to review progress in the new North American trade agreement, she is under pressure from home builders and lawmakers to cut U.S. tariffs on Canadian lumber.

India launches probe against China, Thailand and Vietnam

17/05/2021

The commerce ministry has initiated an anti-dumping investigation against the import of solar cells from China, Thailand and Vietnam. The investigation was triggered by an application by the Indian Solar Manufacturers’ Association (ISMA).

Rice exporters urged to utilise FTAs to boost declining shipments

17/05/2021

Vietnamese rice exporters have been urged to play a more active role in utilising free trade agreements (FTAs) to which Vietnam is a party to boost falling exports.

Vietnamese cashew industry sees trade deficit for the first time

17/05/2021

The Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development informed that in the first four months of this year, cashew nut exports reached 152,000 tons, worth US$894 million, up 8.6 percent in volume but down 7.4 percent in value compared to the same period last year.

U.S., EU Set to Reach Temporary Tariff Truce In Metals Dispute

17/05/2021

The Biden administration is set to announce it’s reached a truce in a dispute with the European Union over metal tariffs, sparing iconic products such as U.S. bourbon whiskey from a doubling of EU duties next month, people familiar with the matter said.

Fruit and vegetable exports increase sharply thanks to FTAs

17/05/2021

Since the beginning of the year, Vietnam's fruit and vegetable exports have reached US$1.35 billion, up 9.5% over the same period last year, including many high potential markets.

Vietnam Ministry of Finance: It is necessary to carefully consider the reduction of preferential import tax on finished steel products

17/05/2021

The Ministry of Finance said the issue of reducing preferential import tax rates for finished steel products should be carefully considered to ensure compliance with principles as specified in law.