
Thailand Enhances Measures Against Mislabeling of Exports to the U.S.
The Thai government has announced a comprehensive initiative to combat the rising issue of false claims regarding the origin of products being exported to the United States. This decision comes as the U.S. Customs and Border Protection (CBP) has ramped up scrutiny of imports, particularly focusing on the authenticity of labeling in regard to country of origin.
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EU Strengthens Steel Import Regulations to Safeguard Domestic Industry
In a significant move aimed at bolstering its steel sector, the European Union announced new regulations that tighten import rules for steel products. This decision comes as a response to increasing global competition and concerns over market distortion caused by low-priced steel flooding the market, particularly from non-EU countries.
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Skyrocketing Ship Fees at U.S. Ports: How China is Reshaping Global Trade Dynamics
In recent months, a significant surge in port fees has been observed at various U.S. ports, predominantly attributed to Chinese shipping companies. This uptick in charges is reshaping the landscape of global trade and raising concerns among U.S. importers and exporters. The increasing costs incurred by these vessels are beginning to trickle down to consumers and businesses alike, impacting everything from commodity prices to retail goods.
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Canada Faces Allegations of Dairy Product Dumping Amidst Trade Tensions
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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