Category: Uncategorized

  • India Gold Peg

    India’s customs board has trimmed the benchmark import value it uses to tax gold even as bullion trades near record highs, while nudging up the floor prices applied to palm oil, soybean oil and brass scrap in the latest turn of its fortnightly valuation cycle. NEW DELHI, Sept. 1: India’s Central Board of Indirect Taxes…

  • SA Sugar Wall

    South Africa has raised its sugar import duty by roughly 44 percent after lifting the dollar-based reference price to $785 per ton, erecting a higher tariff wall around the entire Southern African Customs Union in a bid to halt an import surge that has grown more than seventy-fold in four years. JOHANNESBURG, Sept. 1: Importers…

  • Drug Duty Dash

    Four weeks before 100 percent Section 232 pharmaceutical tariffs extend to every importer, smaller drugmakers race for US manufacturing capacity, exemption deals, and answers WASHINGTON, September 1, 2026: With the calendar turning to September, the pharmaceutical industry entered the final four weeks before the most consequential deadline in modern drug trade policy: on September 29,…

  • Refund Logjam

    With 132 billion dollars in invalidated IEEPA tariffs moving through CBP’s refund pipeline, a delayed third phase, 1.7 billion dollars stranded over missing bank details, and a government appeal threaten to slow the largest duty giveback in American history WASHINGTON, September 1, 2026: The largest customs refund operation ever attempted by the United States government…

  • Quota Day One

    USTR’s cotton-linked textile tariff-rate quota reaches its September 1 operational target, forcing importers, US yarn mills, and four Asian supplier nations to confront a new sourcing arithmetic WASHINGTON, September 1, 2026: The most closely watched date on the American textile trade calendar arrived Monday, as the Office of the United States Trade Representative’s long-promised tariff-rate…

  • Rate Hold Looms

    Economists are unanimous that the Bank of Canada will leave its policy rate at 2.25 per cent on Wednesday, but the escalating tariff conflict with Washington has reopened a debate the central bank thought it had settled, and the guidance matters more to exporters than the decision itself. OTTAWA, September 1, 2026 – The Bank…

  • Trump Escalates

    The U.S. president used a holiday-weekend social media post to brand Canada “one of the worst abusers” on trade and urge Canadian manufacturers to relocate south, hardening positions one week before Ottawa’s dollar-for-dollar counter-tariffs take effect on September 8. OTTAWA, September 1, 2026 – Any hope that the Labour Day weekend might cool the fastest-moving…

  • Fibre Duty Row

    Beijing locks in another five years of anti-dumping duties on Indian optical fibre as New Delhi widens its own trade remedy net, deepening a quiet tariff conflict between Asia’s two giants NEW DELHI, Aug. 26: China will keep anti-dumping duties on Indian single-mode optical fibre in place for another five years, extending a trade barrier…

  • Swiss Duty Deal

    China and Switzerland conclude an upgraded free trade agreement scrapping tariffs on 99.8 percent of Swiss exports, a pact analysts read as Beijing’s pointed signal to a wary European Union BERN, Aug. 26: China and Switzerland have concluded negotiations to upgrade their twelve-year-old free trade agreement, a deal that will eventually eliminate tariffs on 99.8…

  • Brazil Opens Up

    New zero-duty import quotas take effect in Brasilia as the Gecex trade chamber extends a busy season of selective liberalization, even as steel protection tightens BRASILIA, August 29, 2026 Brazil’s newest import tariff-rate quotas entered into force on August 28, opening a one year window of reduced-duty access for three products under a decision published…