Regulatory Compliance updates May 2025

May 28, 2025

European Union: Extension of trade liberalization with Ukraine Members of the European Parliament (MEPs) voted on Thursday (08.05.2025) to extend the suspension of import duties and quotas on certain imports from Ukraine, such as iron […]

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Anti-dumping Duty updates May 2025

May 28, 2025

Australia has begun an investigation into the extension of anti-dumping tariffs on Chinese-made rod in coil  The goods subject to the anti-dumping measures and this inquiry are: Hot-rolled rods in coils of steel, whether or […]

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Customs Tariff updates May 2025

May 28, 2025

China Tariff reductions on U.S. Imports Effective May 14, 2025, China reduced its retaliatory tariffs on U.S. goods from a previous rate of 125% to 10%. This 90-day tariff reduction applies broadly across various sectors, […]

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U.S. Announces 50% Tariff on EU Goods (Updated)

May 23, 2025

Update – May 25, 2025 Following the announcement of a 50% tariff on EU goods last week, President Trump has extended the deadline for the measure to July 9, 2025, providing both sides more time to […]

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EU Adopts 17th Sanctions Package Against Russia Amid Growing Geopolitical Tensions

May 22, 2025

On May 20, 2025, the European Union (EU) adopted its 17th sanctions package against Russia, intensifying efforts to curtail Moscow's ability to finance its ongoing war in Ukraine. This latest round of sanctions targets critical […]

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UK's Trade Scores a Hat-Trick: EU Deal Follows India and US

May 19, 2025

In a landmark development this week, the United Kingdom and the European Union have reached a new agreement aimed at streamlining trade, supporting jobs, and enhancing economic cooperation, without re-entering the Single Market or Customs […]

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U.S. and China Strike Deal to Ease Tariffs and Restart Talks

May 12, 2025

Today, on May 12, 2025, President Donald J. Trump announced a new trade agreement between the United States and China, a significant step in U.S. trade policy. The deal reinforces the administration’s “America First” approach […]

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UK–India Free Trade Pact Signed: A New Era for Global Trade Relations

May 7, 2025

The United Kingdom and India have finalized a historic Free Trade Agreement (FTA), marking the UK's most significant trade pact since its departure from the European Union in 2020. Announced on May 6, 2025, the deal aims […]

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WCO / WTO updates April 2025

April 30, 2025

WCO: HSC Provisionally Adopts the Recommendation for HS 2028 Amendments at 75th Session The 75th Session of the Harmonized System Committee (HSC), held from 10 to 21 March 2025, has concluded its two-week intensive discussion […]

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Preferential Trade updates April 2025

April 30, 2025

EFTA – Ukraine Signing of modernised free trade agreement On 8 April, the EFTA States and Ukraine signed a modernised free trade agreement (FTA) in Kyiv. Switzerland is thereby continuing its successful free trade policy […]

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Restricted Party List updates April 2025

April 30, 2025

Czech government adds to national sanctions list The Czech government has placed the head of the Russian Orthodox Church, Patriarch Kirill, on its national sanctions list for supporting Russia's invasion of Ukraine. Kirill’s inclusion on […]

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Regulatory Compliance updates April 2025

April 30, 2025

Canada: announces new support for Canadian businesses affected by U.S. tariffs On April 15, 2025, the Canadian government unveiled a comprehensive support package to assist businesses impacted by the ongoing trade dispute with the United […]

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