Results for: International Trade

A coalition of US solar manufacturers has petitioned the federal government to impose tariffs on imports of solar cells and modules from Cambodia, Malaysia, Thailand, and Vietnam. The companies allege that these countries are flooding the US market with cheap products that are subsidized by their governments, which is hurting the domestic industry. The petition has divided the US solar industry, with manufacturers such as First Solar supporting tariffs and the Solar Energy Industries Association opposing them.

An explosion near the strategic Bab el-Mandeb Strait may indicate a resumption of attacks by Yemen’s Houthi rebels, despite a recent lull due to US-led airstrikes. The strait is a vital waterway for international trade and aid, connecting the Red Sea to the Gulf of Aden. The Houthis have launched over 50 attacks on shipping since November, including seizing and sinking vessels. The US-led airstrike campaign has temporarily reduced the frequency of these attacks, but the Houthis have vowed to continue their assault until Israel ends its war in Gaza.

A delegation led by the Chairman of the China Council for the Promotion of International Trade (CCPIT) visited . The visit focused on the China- Business Assembly Forum and a roadshow for the 2nd China International Supply Chain Expo (CISCE). Several agreements were signed, including a memorandum of cooperation and letters of intent for participation in the upcoming expo in November. These agreements mark a further step in the strong trade partnership between the two nations.