International Trade

U.S. and South Korean officials shaking hands over a trade agreement in a formal setting with national flags.

U.S. reaffirms tariff caps in trade deal with South Korea

June 04, 2026 Reported by AI Image generated by AI

The U.S. trade representative said the United States will honor tariff caps in last year's trade deals, despite new investigations into forced labor.

China accuses US of power abuse with expanded blacklist of Chinese firms

China's Ministry of Commerce said on Saturday that Washington has abused state power by expanding a blacklist of Chinese firms under the guise of national security.

Cuba signs joint action plan with Eurasian Economic Union for 2026-2030

June 01, 2026 Reported by AI

Cuban Vice President Salvador Valdés Mesa signed a joint action plan with the Eurasian Economic Union for 2026-2030 during a meeting in Kazakhstan.

Asia

Industry minister heads to Canada to back submarine bid

Politics

Senate approves EU-Mercosul free trade agreement

Asia

Government deliberates response to EU's industrial accelerator bill

EU provisionally applies trade deal with Mercosur

European Commission President Ursula von der Leyen announced on February 27 the provisional application of the EU-Mercosur trade agreement, without awaiting ratification by the European Parliament. This move, welcomed in Berlin, comes as Emmanuel Macron appears weakened on the European stage following the failed dissolution of the National Assembly in June 2024. It highlights Franco-German tensions amid the Paris Agricultural Show and ahead of municipal elections.

Panama authorities take over CK Hutchison's canal ports

February 23, 2026 Reported by AI

Panama's government has seized control of the Balboa and Cristobal ports, previously operated by Hong Kong-based CK Hutchison's subsidiary, following a Supreme Court ruling. The White House welcomed the move as aligning with Donald Trump's vision for the canal, while CK Hutchison condemned it as unlawful. The company ceased operations after officials entered the sites without invitation.

Canada appoints Janice Charette as negotiator for T-MEC review

Canadian Prime Minister Mark Carney appointed Janice Charette as chief trade negotiator with the United States ahead of the T-MEC review this summer. Meanwhile, Mexico and Canada agreed on a bilateral action plan to bolster their trade and investments amid tensions with the Donald Trump administration. These moves aim to prepare both countries for the North American trade agreement review process.

Durazo positions Guaymas port at center of energy agenda with US

February 15, 2026 Reported by AI

Sonora's governor, Alfonso Durazo, is consolidating the state as a key piece in the Mexico-US economic dynamic through the expansion of Guaymas Port. This initiative features a 130 billion peso investment announced by President Claudia Sheinbaum to create an energy and logistics corridor. Meetings with US officials aim to accelerate projects like an LNG plant.

May 12, 2026 08:40