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The Latest Breaking News from International Trade

Apple Appeals Block on Selling Top-of-the-Line Watches

Apple faces a setback as the US International Trade Commission blocks the sale of its newest watches. Amid appeals, the future remains uncertain.

Top News

Environmental Group Accuses Mexican Startup Of Illegally Using Endangered Fish In Health Supplement

As per the Convention on International Trade in Endangered Species of Wild Fauna and Flora, selling totoaba fish is illegal unless they are being bred with a permit.

Latin Times

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Advocates say a Mexican startup is illegally selling a health drink from an endangered fish

Environmental watchdogs have accused a Mexico-based startup of violating international trade law that protects the endangered totoaba fish

The Independent UK

Karnataka sets up 50 stalls at 42nd India International Trade Fair at Pragati Maidan in Delhi

A total of 28 States and Union Territories are participating in the 2023 edition of IITF in addition to representatives from 13 countries including Sri Lanka, Bhutan, Afghanistan, Bangladesh, Oman, Egypt, Nepal, Thailand, Iran and UAE.

The Hindu

Biden must decide whether patent-infringing Apple watches can be imported into the U.S. from China by Christmas–but Congress could neuter America’s ability to protect its IP altogether

The U.S. International Trade Commission (ITC) recently issued an order that could prohibit imports of some Apple Watch products.

Fortune

In defence of Bill C-282: Canada's supply management supports farmers while safeguarding consumers

The recent passage of Bill C-282, legislation that prevents Canadian trade negotiators from surrendering additional supply managed commodities — like eggs and dairy — in international trade negotiations, has reignited debates over Canada’s supply management system.

The Conversation

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JP Morgan CEO warns world may be facing ‘most dangerous time’ in decades

Jamie Dimon says Israel-Gaza conflict may have ‘far-reaching impacts’ on energy prices, food costs and international trade

The Guardian - US

Global trade still depends on 4 billion paper documents daily. The U.K. is trying to change that

The new legislation is significant because English law is used in international trade more than any other law.

Fortune

U.P. to contribute significantly in India’s $5 trillion economy goal, says President

President Murmu hails U.P. International Trade Show as a milestone in state's dev. journey. India determined to become 3rd largest economy; U.P. to contribute significantly to $5 trillion goal. Showcasing 'One District One Product' products & others by 2K exhibitors. CM Adityanath says U.P. moved from BIMARU to prosperous state,…

The Hindu

Uttar Pradesh International Trade Show 2023 | Noida police urge public to avoid expressway from 2-8 p.m.

President Droupadi Murmu will inaugurate the first edition of the Uttar Pradesh International Trade Show in Greater Noida in the presence of Chief Minister Yogi Adityanath, officials said. The police also appealed to the general public to avoid the Noida-Greater Noida Expressway between 2 p.m. and 8 p.m. and follow…

The Hindu

The US broke global trade rules to try to fix climate change – to finish the job, it has to fix the trade system

The 2022 Inflation Reduction Act, President Joe Biden’s landmark climate law, is now expected to prompt a trillion dollars in government spending to fight climate change and trillions more in private investment. But the law and Biden’s broader “buy American” agenda include measures that discriminate against imports.

The Conversation

PM Modi seeks level playing field for smaller e-commerce players

Prime Minister Narendra Modi, in his opening address to the G20 Trade and Investment Ministerial summit, said it was the collective responsibility of these 20 nations to rebuild confidence in international trade and investment processes as the world economy has been tested by the COVID-19 pandemic and geo-political tensions.

The Hindu

Biden Administration Considering New Tariffs That Will Hike Prices for Canned Goods

The Commerce Department and the International Trade Commission are considering a petition that would impose tariffs of up to 300 percent on tinplate steel.

Reason

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The Conversation

Consumers want NZ farmers to comply with regulations -- better monitoring and transparency would help to build trust

Assurance systems such as freshwater monitoring are a cornerstone of New Zealand’s agribusiness. They enable compliance with regulations, product safety and international trade.

Bangkok Post

Hospitality to the fore at Bitec trade show

Business owners, purchasing managers, chefs, and food and beverage professionals should mark their calendars as four international trade shows will bring together four major industries on the same premises, at Bitec Hall 102-104, Bang Na-Trat Road, from July 13-16.

Birmingham Post

Bristol businesses to benefit from £5m export support programme

The Institute of Export and International Trade says greater export for MSMEs is needed

Daily Mirror

Brexit red tape for UK musicians touring Europe 'will be scrapped under Labour'

Speaking at the Trade Unlocked conference, Shadow International Trade Secretary Nick Thomas-Symonds gave new details of how the party would amend the deal struck by Boris Johnson

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StockNews.com

The Top 3 Shipping Stocks With Great Momentum

The demand for shipping services is expected to stay afloat on the backs of international trade. Therefore, investors could look to buy fundamentally strong shipping stocks Teekay Corp. (TK), Overseas Shipholding Group (OSG), and StealthGas Inc. (GASS), which are riding the tides of momentum. Continue reading….

Reason

New Order on AI and Confidential Information from Court of International Trade Judge

Judge Stephen Alexander Vaden's Order on Artificial Intelligence, issued Thursday: Parties must conform to many rules when they file briefs in a case before the Court of International Trade. For instance, briefs must state with particularity the grounds for seeking a desired order and make "the legal argument necessary to…

The Hindu

International trade has a carbon problem

Environmental protection should not become a smokescreen for trade protectionism

The Independent UK

Boris Johnson’s £10bn Australia trade deal blunder branded ‘an embarrassment’

‘Your boss has conceded the whole kingdom,’ Australian negotiator said to have told Liz Truss

The Hindu

T.N. CM Stalin announces an International Convention Centre in the name of Karunanidhi in Chennai

The International Convention Centre in Chennai would be set up on 25-acre land with a capacity to hold international trade exhibitions, technological conferences, events by international institutions and international film festivals.

Birmingham Post

Company founded by Manchester Airport owner acquires parking reservation platform ParkVia

ParkVia won the Queen’s Award for Enterprise for International Trade in both 2014 and 2019

The Independent UK

E2E 100: It’s time we start shouting about Brand Britain

It seems that whenever we talk about international trade in the UK our entire outlook hinges, like a stuck record, on Brexit. But let’s remember that there is a whole world of potential trade partners out there, and it’s time we business owners embraced the opportunities.

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