Moscow more than doubles its August sunflower oil export duty to RUB 7,748 per tonne, jolting Black Sea markets and global buyers. MOSCOW, July 28, 2026 – Russia’s floating export duty on sunflower oil will more than double in August, after the Russian Ministry of Agriculture set the levy at RUB 7,748 per tonne, roughly…
Russia raises export duties on sunflower oil, sunflower meal and corn for August while easing the levy on wheat, according to measures announced by Moscow on July 24 and logged by the Global Trade Alert database. International Trade Desk | Peacock Tariff Consulting MOSCOW, July 28 – Russia has raised the export duties it charges…
Beijing bars dual-use exports to 14 European entities, including truck, motor, materials and drone makers, in direct retaliation for the EU’s 21st Russia sanctions package, deepening a trade standoff that already spans steel, small parcels, rare earths and electric vehicles. International Trade Desk | Peacock Tariff Consulting BRUSSELS, July 28 – China has opened a…
Moscow revives its corn export duty and more than doubles the levy on sunflower oil in a July 24 package that reaches buyers from Cairo and Istanbul to New Delhi and Beijing. MOSCOW, July 27, 2026. Russia’s Ministry of Agriculture closed out last week with a late Friday package of higher agricultural export taxes, reviving…
India’s trade remedies authority has extended anti-dumping duties on Chinese seamless steel tubes and stretched the comment clock in its hot rolled steel probe against China, Japan and Russia, the latest reinforcements in a widening wall of trade defenses around the world’s second largest steel market. NEW DELHI, July 18. India’s steel trade defense wall…

Author: Maria Pechurina, Director of International Trade @ Peacock Tariff Consulting Status Quo: US-India Deeply Intertwined & Complex Trade Relationship Before the recent tariff escalations, the U.S. and India shared a robust and growing bilateral trade relationship. In 2024, total trade reached approximately $212.3 billion, an 8.3% increase from the previous year, signifying a good…
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…