The EU imposes high tariffs on Russian wheat
The EU plans to impose heavy taxes on wheat from Russia and Belarus. This move may lead to a 50% price increase within Europe and also affect the global grain market.
Polands foreign trade decreased, with the largest decline in exports to the EU.
Polands January foreign trade data shows a 12% decline in exports and a 14.5% drop in imports, with significant decreases in trade with the EU, particularly Germany and Central European countries.
Growth in Chinas Integrated Circuit Imports Reflects Rising Industry Demand
In the first two months of 2024, Chinas integrated circuit imports grew by 16.8% in volume and 15.3% in value, despite a drop in average prices, reflecting strong demand in the electronics manufacturing sector.
India Cuts Import Tariffs on Electric Vehicles, Opens Market
The Indian government announced reduced import tariffs for electric vehicles, conditional on multinational companies investing and establishing local factories, benefiting companies like Tesla.
Indias Gold Imports Recorded a Record Growth
Indias gold imports doubled this year, despite the new EFTA trade agreement excluding gold. Analysis of the challenges and market impact behind surging demand.
US Chip Subsidy Program Faces a Funding Crisis
January 4, 2025 10:43
The United States Imposes Strict Export Controls on Nicaragua
Citing human rights and military issues, the US Department of Commerce moved Nicaragua into the D5 country group, strengthening export controls.
Saudi Arabia Aims to Become a Natural Gas Giant by 2030, Surpassing Algeria
Saudi Aramco plans to increase natural gas production by 2030 to surpass Algeria, while investing in LNG and renewable energy projects to enhance national energy diversification.
Australia Abolishes 500 Import Tariffs | Shanghai Import/Export Agent
India signs trade agreement with the European Free Trade Association, involving $100 billion in investments. Generic drug regulations become a negotiation focus, with India maintaining its stance on protecting its domestic pharmaceutical industry.
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