A 96-year-old U.S. tariff law is driving a new dispute with Canada
The Trump administration is using an untested 1930 tariff law against selected Canadian goods as Canada prepares matching duties on U.S. imports.
Trade
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World Bank urges Africa to build production hubs, not just trade links
A new World Bank report says Africa’s trade gains depend on making customs, transport, energy, digital and payment systems work across borders.
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U.S. Import Prices Rose 5.9% Over the Year as Fuel Costs Drove the Increase
U.S. import prices rose 5.9% from July 2025 to July 2026, led by fuel, even as prices fell 0.4% in July. The data are not retail inflation.
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Canada pledges C$7.5 billion in tariff support as talks stall
Canada paired a C$7.5 billion support package with counter-tariffs scheduled for September 8 as exporters face disrupted supply chains and uncertain demand.
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USDA raises 2027 farm-export forecast, but deficit remains
USDA raised its fiscal 2027 farm-export forecast to $186.5 billion, but imports are expected to stay higher, leaving a projected $24.5 billion deficit.
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Canada’s New Tariffs on U.S. Goods Begin Sept. 8
Canada will impose counter-tariffs on about $27.6 billion in U.S. imports Sept. 8. Exporters should check classifications, origin rules and customs guidance.
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World Bank says Africa’s trade gains depend on connected systems
A World Bank report says AfCFTA’s next gains depend on customs, transport, standards, payments, energy and digital systems working across borders.
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China warns of response if U.S. adds tariff over overcapacity
China says it will assess possible U.S. trade measures and may respond as Washington weighs a reported 7.5% tariff on Chinese goods.
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EU extends tariff truce with U.S. while keeping retaliation option
The EU is keeping countermeasures against U.S. trade suspended indefinitely, even as new tariff cuts offer companies more certainty and preserve a response option.
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China’s Growth Slowed in Q2 as Trade and Tech Offset Domestic Weakness
China’s economy grew 4.7% in the first half of 2026, but a 4.3% second-quarter pace, weak property investment and soft retail demand reveal an uneven recovery.
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Brazil opens reciprocity process after new U.S. tariffs
Brazil has opened a formal reciprocity process after new U.S. tariffs, but no counter-tariffs are in force as consultations with Washington begin.
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What SADC Leaders Could Decide at Durban Summit on Trade and Minerals
SADC leaders are due in Durban on August 17 after ministerial talks focused on infrastructure, critical minerals, trade, food security and regional financing.
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China-EU talks create four trade workstreams but no settlement
China and the EU created four trade workstreams and a data-monitoring channel after June talks, but tariffs, export controls and market access remain unresolved.
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EU Sanctions Target Russian Energy and Financial Networks in 21st Package
The EU adopted new Russia sanctions on July 23, expanding restrictions on banks, crypto, oil shipping and military supply chains while some measures remain delayed.
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New U.S. tariffs tied to forced-labor claims face backlash
New U.S. tariffs on goods from 60 economies are in effect. Importers face added costs while trading partners challenge the rationale and rates.
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China’s First Consumption Plan Puts Household Spending at the Center
China’s first dedicated 2026-2030 consumption plan targets 60 trillion yuan in retail sales, but weak demand and precautionary saving complicate delivery.
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U.S. Trade Deficit Narrowed to $73.3 Billion in June as Imports Fell
The U.S. trade deficit narrowed in June as imports fell more than exports, but the data do not show whether tariffs caused the shift or lowered prices.
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White House flags aircraft imports as national-security concern
President Donald Trump identified commercial aircraft and engine imports as a national-security concern, but imposed no immediate tariffs as agencies begin talks.
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UK-EU Gibraltar Treaty Begins Provisional Border Rules
A UK-EU treaty signed July 14 began provisional application July 15, easing routine Gibraltar-Spain crossings while keeping immigration and customs controls.
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India’s U.S. trade framework faces a new tariff test
A final U.S. 10% tariff action has changed India’s trade position while negotiators work toward a broader agreement that remains unfinished.
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U.S. Tariffs on Canada Add Pressure to Supply Chains
New U.S. duties of 50% on specified Canadian vehicles and dairy products are scheduled for August 19, adding uncertainty for cross-border supply chains.
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U.S. tariffs on Brazil test agricultural and industrial supply chains
A 25% U.S. surcharge on selected Brazilian imports is in force, while exemptions and a separate 12.5% forced-labor tariff complicate supply-chain planning.