Reuters | July 08, 2025 | International Trade
South Korea said it planned to intensify trade talks with the United States and considered U.S. President Donald Trump's plan for a 25% tariff from August 1 as effectively extending a grace period on implementing the duties.
Southeast Asia's biggest economies prepared on Tuesday to step up trade negotiations with Washington after it hit them with steep tariffs, despite a last-ditch flurry of offers to boost imports and slash levies on U.S. goods.
Japan's trade deal with the U.S. must include tariff concessions for its vital automobile industry, top trade negotiator Ryosei Akazawa said on Tuesday, after President Donald Trump announced 25% tariffs on goods from Japan starting August 1.
South African President Cyril Ramaphosa pushed back against U.S. President Donald Trump's imposition of a 30% tariff, saying that it was based on an inaccurate understanding of the two countries' trade and that negotiations with the U.S. would continue.
Reuters | July 08, 2025 | International Trade | Maritime | Breakbulk News
Brussels is considering pursuing a potential arrangement that would allow European automakers that produce and export cars from the United States to import vehicles from the EU at reduced tariff rates, according to two sources familiar with the matter.
AJOT Newsroom | July 08, 2025 | International Trade | Maritime | Liner Shipping
Descartes Systems Group released its July Global Shipping Report for logistics and supply chain professionals.
AJOT Newsroom | July 08, 2025 | International Trade
But persistent policy uncertainty, geopolitical tensions and signs of slowing global growth pose risks for trade in the second half of the year.
Reuters | July 08, 2025 | International Trade | Commodity
Reuters | July 08, 2025 | Air Cargo | Airlines | International Trade
United Airlines said on Tuesday that it would restart its services to Tel Aviv, Israel, on July 21.
President Donald Trump said on Monday the U.S. would impose a 25% tariff on imports from Japan and South Korea beginning Aug. 1 as he unveiled the first two of an expected 12 letters to trading partners outlining the new levies they face.
The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called "anti-American" policy actions, according to a source familiar with the matter.
AJOT Newsroom | July 08, 2025 | International Trade | Commodity | Maritime | Bulk
In our recent report on how bauxite exports from Guinea are driving capesize demand, Signal explored how surging demand for bauxite from China has led to the aluminium ore overtaking coal as the second-largest capesize-shipped product.
German exports fell more than expected in May as demand from the United States decreased for the second consecutive month following a period of strong purchases in anticipation of U.S. tariffs, official data showed on Tuesday.
India plans to source about 10% of its cooking gas imports from the U.S. beginning in 2026 as part of a broader effort to boost energy purchases to narrow its trade gap with Washington, four industry refining sources familiar with the matter said.
Reuters | July 07, 2025 | International Trade
The European Union still aims to reach a trade deal with the United States by July 9 after Commission President Ursula von der Leyen and U.S. President Donald Trump had a "good exchange", a Commission spokesperson said on Monday.
Developing nations participating in the BRICS summit on Monday brushed away an accusation from U.S. President Donald Trump that the bloc is "anti-American," as he threatened them with additional 10% tariffs.
The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, adding that his inbox was full of last-ditch offers from countries to clinch a tariff deal before a July 9 deadline.
Reuters | July 07, 2025 | International Trade | Commodity
Canada has discussed offering financial support to large aluminum producers like Rio Tinto impacted by a U.S.-led trade war, in the event that Washington's 50% tariff on imports of the metal persist in the medium term, the CEO of a key industry trade group said on Saturday.
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