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The Latest Breaking News from Commerce

Agentic commerce is coming—and the battle to build its infrastructure is on

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Fortune

Commerce Secretary to visit Geneva this week for India's trade policy review at WTO

Commerce Secretary Rajesh Agarwal is visiting Geneva this week to lead India's delegation for the WTO's eighth Trade Policy Review. The review, conducted every five years for major trading nations like India, assesses the country's trade policies, macroeconomic framework and institutional practices, with the report expected to be released later…

The Economic Times

Vendors struggle despite aid plan

The Commerce Ministry's proposed 40-baht khao kaeng scheme was intended to ease living costs. Instead, it has exposed a simple reality in markets across Thailand: many vendors are already selling meals at that price without government support.

Bangkok Post

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Lawmakers want US government to ban memory chips from China, even in allied supply chains — citing 'unacceptable risk' to national, economic, and supply chain security

U.S. lawmakers demand Commerce Secretary Howard Lutnick to ban imports of memory chips from China to the U.S., ask allies to do the same.

Tom’s Hardware

Cruz, Democrats push back on FCC move to lift ownership cap

The Trump administration is moving ahead with plans to allow for more consolidation in local television, a move that got pushback from Senate Commerce Chairman Ted Cruz over the role of Congress in changing the television ownership cap. Federal Communications Commission Chair Brendan Carr announced plans Wednesday to vote to…

Roll Call

The U.S. Approved the Export of AI Chips to China. Now A Top Trade Official Says 'Very Few' Made It.

Commerce Department official Jeffery Kessler told lawmakers that shipments of Nvidia's H200 processors have remained minimal despite export licenses being issued earlier this year.

International Business Times

Franchise costs cut through government subsidy scheme

The Commerce Ministry has launched a subsidy scheme for individuals seeking to purchase franchises.

Bangkok Post

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India-UK trade pact comes into force on Wednesday; bilateral trade to hit USD 100 bn by 2030

India-UK FTA: India and the UK will implement a comprehensive economic and trade agreement starting July fifteenth. This pact aims to significantly boost bilateral commerce to one hundred billion dollars by the year twenty thirty. Several Indian export sectors will gain zero-duty access to the British market immediately. India has…

The Economic Times

India, UK engaged in discussions on carbon tax issue: Commerce Secretary

India and the United Kingdom are discussing Britain's carbon tax regulation. The UK plans to implement its Carbon Border Adjustment Mechanism starting in 2027. This new carbon tax could impact Indian exports worth USD 775 million. Discussions on this carbon tax were part of free trade agreement negotiations. India's steel…

The Economic Times

B40-meal plan on hold after public backlash

Commerce Minister Suphajee Suthumpun has halted plans for a 40-baht rice-and-curry project, pending review, following mixed public reaction to the proposed scheme.

Bangkok Post

India's exports to West Asia region evened out in June: Commerce Secretary

India's exports to West Asia grew 7.29 percent to USD 5 billion in June. Shipments to the UAE increased while those to Saudi Arabia saw a decline. Imports from the UAE and Oman registered positive growth during this period. Indian exporters are utilizing Omani ports to facilitate regional trade. The…

The Economic Times

Govt boosts fake-goods raids

The Commerce Ministry has stepped up its crackdown on counterfeit goods after authorities seized more than 1.65 million infringing items worth 786 million baht in the first half of 2026.

Bangkok Post

B40-per-dish food project planned

The government plans to launch a project that would allow vendors to offer ready-to-eat food at 40 baht per dish by next month, according to the commerce minister.

Bangkok Post

Ministry pitches 40-baht meal plan

The Commerce Ministry is targeting 100,000 food stalls nationwide for a 40-baht rice-and-curry scheme to help alleviate living costs.

Bangkok Post

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Fortune

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

Interest payments on the debt are now so large that the spending is higher than the outlays for the Departments of Defense, Commerce, Homeland Security, Education, the Environmental Protection Agency, the Small Business Administration, and the U.S. Coronavirus Refundable Credits scheme—combined.

The Economic Times

Sam Altman says OpenAI made ‘many changes’ during talks with US

In an interview with CNBC on Thursday, Altman said the ChatGPT maker had a “collaborative back and forth” with top US officials, including Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, in the weeks leading up to the wide release of GPT-5.6.

Bangkok Post

Thailand, EU free trade talks make more progress

Thailand and the European Union have concluded eight more negotiating items in their latest free trade agreement (FTA) talks, a key step toward finalising the long-awaited pact, Commerce Minister Suphajee Suthumpun said.

International Business Times UK

Trump Bitcoin Reserves Spark Internal US Battle as Cryptocurrency Strategy Raises Legal Risks for Treasury Control

President Trump's plan for a Strategic Bitcoin Reserve faces legal challenges as Treasury and Commerce departments dispute custodianship, complicating the administration's pro-crypto agenda.

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Bangkok Post

Community collection hubs target coconut glut

The Aromatic Coconut Central Market Community Enterprise, known as Coconut Breeze, in Ratchaburi will strengthen the aromatic coconut industry across the value chain, advocates say.

Tom’s Hardware

OpenAI mulling giving US gov't a 5% stake in the company, days after Washington delayed GPT-5.6 — Altman reportedly wants every leading U.S. AI lab paying into an Alaska-style public fund

Altman is understood to have raised the idea with President Donald Trump, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent.

The Economic Times

Japan an important part of India's Act East Policy: Commerce Minister Piyush Goyal

Commerce Minister Piyush Goyal emphasized Japan's crucial role in India's Act East Policy, highlighting joint efforts for a free and open Indo-Pacific alongside the US. India is actively addressing trade regulations with Japan to boost exports during Prime Minister Sanae Takaichi's visit, which focuses on enhancing trade, investment, and strategic…

International Business Times UK

Howard Lutnick Reverses Export Freeze That Locked Foreign Users Out of Claude Fable 5 and Mythos 5

The Trump administration has lifted a global AI export ban after negotiations, allowing Anthropic's advanced models to resume international operations amidst security concerns.

Bangkok Post

New panel to oversee e-commerce charges

The Trade Competition Commission of Thailand (TCCT) plans to establish a subcommittee to supervise e-commerce platforms' commission fee practices.

Tom’s Hardware

Anthropic restores Claude Fable 5 as US lifts export controls — single filter now blocks prompt that could identify software vulnerabilities and write code to exploit them

Anthropic has restored global access to Claude Fable 5, a day after the U.S. Department of Commerce withdrew the export controls.

The Economic Times

US govt lifts restrictions on powerful AI models, Anthropic says

Anthropic will soon begin restoring access globally to its most powerful AI models, Fable 5 and Mythos 5, after the US government lifted a restriction on where they could be released, the company said Tuesday. "We've received notice that the Department of Commerce has lifted export controls on Claude Fable…

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