The EU-New Zealand comprehensive trade agreement takes effect in 2024, projected to increase bilateral trade by 30% within ten years, delivering significant benefits to businesses and consumers in both regions.
U.S. Treasury announces adjustments to EV tax credit policy, eases restrictions on critical minerals like Chinese graphite, providing manufacturers with a grace period to boost industry development.
The President of Mexico signed a decree to impose temporary tariffs of 5% to 50% on 544 imported goods, affecting industries such as steel, aluminum, and textiles to protect domestic industries. Foreign trade enterprises need to adjust their strategies.
The U.S. government has allowed energy-related transactions with major Russian banks to be settled until November 1, 2024, reflecting its balancing strategy between international relations and energy demands.
In Q1 2024, Shanghais foreign trade data showed a 1% year-on-year increase in export value, with domestic enterprises performing remarkably well. High-tech product imports saw significant growth, reflecting market optimization and strengthened international connections.
The Ministry of Economy of Mexico has launched an anti - dumping self - initiated investigation on footwear products originating from China, covering boots, sandals, etc., aiming to protect the local footwear manufacturing industry from the damage of low - priced imports.
Japan announced export controls on four categories of cutting - edge technologies, aiming to prevent the diversion of technologies for military purposes and exacerbating global technology policy tensions.
The U.S. Department of Commerce issued a final ruling, deciding to continue to impose anti - dumping and counter - vailing measures on Chinese truck and bus tires to prevent unfair competition and protect domestic industries.