Handel

Reciprocal 30% tariffs on goods traded between Colombia and Ecuador took effect on February 1, leading to truck backups at the border since the weekend. Border zone merchants voice concerns over effects on legal trade and rising prices for consumers. Officials and private sector from both nations will meet this Monday to explore alternatives.

3 februari 2026 Rapporterad av AI

A trade deal between India and the US was announced following a phone call between US President Donald Trump and Prime Minister Narendra Modi. Under the agreement, US tariffs on Indian exports have been reduced from 50% to 18%. Indian officials confirm the tariff cut, while Trump claims India will stop buying Russian oil and commit to purchasing $500 billion in US goods.

The Kenya Revenue Authority (KRA) has announced an upgrade to its cargo monitoring system, introducing user-owned electronic seals to enhance security and trade efficiency. This update integrates with the East African Community through the Regional Electronic Cargo Tracking System (RECTS).

30 januari 2026 Rapporterad av AI

Mexico's merchandise exports to the United States hit a record high of $44.5 billion in November 2025, solidifying the country as the top trading partner of the world's largest economy.

Bilateral trade between Chile and China reached $61.66 billion in 2024, an 8.6-fold increase from 2006. Chilean cherries have emerged as a key symbol of this partnership, with exports nearing $3.3 billion in the 2024/25 season. Industry leaders remain optimistic despite a slight volume decline.

28 januari 2026 Rapporterad av AI

Commerce Minister Piyush Goyal defended the newly concluded India-EU free trade agreement against domestic criticism, emphasizing its benefits for economic growth. The deal addresses key issues like carbon tariffs and mobility for professionals. However, US Treasury Secretary Scott Bessent expressed disappointment, accusing Europe of prioritizing trade over support for Ukraine.