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Canada Stands Prepared for Discussions on USMCA and Chinese Subsidies

Canada Stands Prepared for Discussions on USMCA and Chinese Subsidies
3 months ago

In a significant statement, Canada's Finance Minister has declared the country’s readiness to engage in talks regarding modifications to the United States-Mexico-Canada Agreement (USMCA). This announcement underscores Canada's proactive stance in addressing vital trade issues, including ongoing concerns over unfair Chinese trade practices and the alleged dumping of goods into international markets.

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South Korea Contemplates Stronger Measures Against Steel Product Dumping

South Korea Contemplates Stronger Measures Against Steel Product Dumping
4 months ago

In an urgent response to increasing concerns about fair trade practices, South Korea is considering the implementation of anti-dumping duties on select steel products. This potential move comes in the wake of heightened imports, particularly from nations like China, which has drawn significant scrutiny from both domestic manufacturers and policymakers. With steel being a vital component of South Korea's economy, the government's review is aimed at protecting local industry from unfair competition.

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China Continues Anti-Dumping Investigation into EU Brandy Exports

China Continues Anti-Dumping Investigation into EU Brandy Exports
4 months ago

In a significant development in international trade relations, China has confirmed that its anti-dumping probe into brandy imports from the European Union is still ongoing. This investigation is part of China's efforts to protect its domestic market while grappling with rising imports that may be detrimental to local producers.

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Malaysia Moves to Combat Influx of Chinese Goods with Anti-Dumping Reforms

Malaysia Moves to Combat Influx of Chinese Goods with Anti-Dumping Reforms
5 months ago

In a significant shift aimed at protecting its local industries, Malaysia is taking steps to implement anti-dumping reforms to curb the increasing volume of Chinese products flooding its market. This move comes amid concerns from various sectors about the competitive pressure and the potential detrimental effects on domestic producers.

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Indonesia's Garment Industry on the Brink: Massive Layoffs Loom Amidst Chinese Competition

Indonesia's Garment Industry on the Brink: Massive Layoffs Loom Amidst Chinese Competition
5 months ago

The Indonesian garment sector is facing a critical turning point as it grapples with a rising wave of layoffs, driven primarily by the influx of cheaper garments from China. The increasing pressure from Chinese imports is forcing local manufacturers to rethink their strategies, with many unable to compete on price or volume.

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Canada Faces Allegations of Dairy Product Dumping Amidst Trade Tensions

Canada Faces Allegations of Dairy Product Dumping Amidst Trade Tensions
5 months ago

In a significant escalation of international trade disputes, Canada is currently accused by rival dairy exporters of engaging in unfair trade practices, specifically the dumping of milk products onto the global market. This allegation comes as Canada’s significant subsidies to its dairy farmers appear to be undermining competitors, prompting calls for stricter regulation and balanced competition in the dairy sector.

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Mexico Imposes 36% Tariff on Vietnamese Steel Wire Amid Allegations of Dumping

Mexico Imposes 36% Tariff on Vietnamese Steel Wire Amid Allegations of Dumping
5 months ago

In a significant move impacting international trade dynamics, Mexico has announced a hefty 36% tariff on steel wire imported from Vietnam. This decision comes on the heels of allegations that Vietnamese manufacturers have been engaging in unfair pricing practices, commonly known as "dumping", which has raised concerns among domestic producers in Mexico.

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Japan Trade Agency Proposes Anti-Dumping Measures Against Chinese Steel Imports

Japan Trade Agency Proposes Anti-Dumping Measures Against Chinese Steel Imports
8 months ago

Japan's trade agency is proposing strict anti-dumping measures against imports of Chinese steel in a major move to shield its domestic steel industry. This comes amid growing concern over the surge in low-priced Chinese steel products that have flooded the Japanese market and started hurting local manufacturers.

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