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Indonesia faces trade remedies from partners, risks $1.9b losses

10/06/2020

Indonesia has been hit by trade remedies involving nine trading partners that launched an investigation into alleged unfair practices by the country, resulting in potential foreign exchange losses of up to Rp 26.5 trillion (US$1.9 billion), according to the Trade Ministry.

Chinese found counterfeiting Vietnamese origin for woodwork exports

08/06/2020

Many Chinese wooden furniture manufacturers have been found setting up foreign invested enterprises (FIEs) in Vietnam to ‘fabricate’ Vietnamese origin for their exports to the US.

Origin of goods- important requirement to enjoy EVFTA tariff preferences

08/06/2020

In order for Vietnamese goods that are exported to the EU to enjoy preferential tariffs in the European Union-Vietnam Free Trade Agreement (EVFTA), businesses must obtain a thorough grasp of the provisions set out in the trade deal which stipulate very strict requirements regarding the origin of products, according to insiders.

USITC to Continue Investigations in PC Stands Imports from Argentina, Colombia, Egypt, Indonesia, Italy, Malaysia, Netherlands, Saudi Arabia, Spain, Taiwan, Tunisia, Turkey, Ukraine & UAE

08/06/2020

The United States International Trade Commission determined that there is a reasonable indication that a US industry is materially injured by reason of imports of prestressed concrete steel wire strand from Argentina, Colombia, Egypt, Indonesia, Italy, Malaysia, Netherlands, Saudi Arabia, South Africa, Spain, Taiwan, Tunisia, Turkey, Ukraine, and United Arab Emirates

Misleading to portray anti-dumping regime as a restraint on trade

08/06/2020

Australian barley growers have become victims of the truce in President Donald Trump's trade war with China, with US and Canadian growers likely to pick up the sales effectively denied to Australia by the 80 per cent tariff China has imposed on our barley exports.

Vietnam ratifies significant trade deal with European Union

08/06/2020

Vietnam on Monday ratified a significant trade deal with the European Union, which is expected to boost the country’s manufacturing sector and exports, as it recovers from a dip caused by the coronavirus pandemic.

Firms must be aware of increasing trends of investigations for trade remedy evasion: ministry

05/06/2020

The Ministry of Industry and Trade has urged enterprises to be aware of and not participate in origin fraud, illegal transshipment and evasion of trade remedies to avoid the risks of being sued.

The Trade Dispute Between Australia and China Should Be Taken With A Grain of Barley

05/06/2020

When Australian trade with China is disrupted, commentary quickly gravitates towards the frame of economic coercion. With such deeply intertwined trade relations, coercion is, in reality, only one possible cause.