Tag: China
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Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting US Tariffs & Malaysia’s Economic Impact The 24% US tariffs, announced in April 2025, hit Malaysia, which is a popular location for Chinese transshipment, hard. These trade challenges manifested in the key export-led industries such as palm oil, electronics and solar panels, further tightening…
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Canada–China Canola Tariff Crisis In August 2025, China imposed a sweeping 75.8% anti-dumping tariff on Canadian canola, effectively halting billions of dollars in agricultural exports and sending shockwaves through Canada’s farming communities. This move, widely interpreted as a retaliatory response to Canada’s earlier tariffs on Chinese electric vehicles, marks a turning point in the bilateral…
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The U.S.–China tariff conflict has evolved into one of the most consequential economic standoffs of the 21st century. Since President Trump’s return to office in January 2025, he has aggressively pursued a protectionist trade agenda, reviving and intensifying the tariff war that began during his first term. On April 2, he declared “Liberation Day,” imposing…
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48 Hours That Shook Global Trade: The Tariff Avalanche of July 31–August 1, 2025 Summary Introduction: A Global Economic Shockwave In the span of just two days, the world watched the economic compass spin wildly as former U.S. President Donald Trump executed a sweeping trade overhaul. On July 31 and August 1, 2025, the United…
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U.S.–China Trade Truce: A Strategic Pause in a Global Economic Chess Match On July 21, 2025, the United States and China two titans of global commerce announced a 90-day trade truce, formalizing terms negotiated in Geneva earlier that year. This agreement, while temporary, represents a critical inflection point in a trade war that has reshaped…
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From Steel to Pharmaceuticals: UK–Vietnam Trade Enters a New Era As the global economy shifts and countries redefine their partnerships, the United Kingdom and Vietnam have taken a decisive step forward. On July 18, 2025, a landmark agreement saw the UK lower tariffs on Vietnamese steel and electronics, while Vietnam began granting broader access to…
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A Defining Shift in Trade Doctrine On July 16, 2025, Prime Minister Mark Carney made headlines across North America by announcing a robust package of steel tariffs designed to shield Canada’s domestic industry from global instability. With Canada’s trade environment strained by foreign competition, U.S. protectionism, and shifting international alliances, this move was not simply…
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What Is BRICS? BRICS is a geopolitical and economic alliance originally formed by Brazil, Russia, India, China, and South Africa. The acronym was coined in 2001 by economist Jim O’Neill to describe emerging economies poised to reshape global power. Since then, BRICS has evolved from a loose economic concept into a formal intergovernmental organization. As…
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President Trump has instructed his administration to begin sending formal letters to over 100 trading partners starting July 4. Each letter will specify the tariff rate ranging from 10–20% up to 60–70% that the recipient country will face on all imports into the United States effective August 1. Rather than negotiate dozens of bilateral deals,…
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A surge of protective measures and retaliatory duties reshaped key supply chains in the final week of June and the opening days of July. For those in North America enjoying holidays here is recap of what’s happened and happening in the next few days United States 1. Section 232 Metals Tariff Hike 2. Tariff-Stacking Rule…