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The U.S. Treasury Department issued a general license allowing the production, delivery and sale of Iranian-origin crude oil, petrochemical products and petroleum products. The license remains valid through August 21.
cnbc.comThe U.S. Food and Drug Administration will review an experimental gene therapy for a deadly childhood brain disorder rejected four months earlier. The move follows leadership changes at the agency. A separate trade probe targets German pharmaceutical spending plans.
SemaforChina barred its firms from supplying dual-use equipment to 10 U.S. companies, including two rare-earths producers backed by Washington. The restrictions took effect June 22, 2026. They follow a similar but shorter action last year tied to U.S. tariffs.
thehindu.comCrews on large vessels in waters near the United Arab Emirates release empty oil drums into the sea. The drums are collected by small boats in exchange for fruit, vegetables, and seafood under a barter arrangement. Some drums are dropped for later pickup when small boats lack cap…
EuronewsChina placed 10 American companies on an export control list and barred 46 others from government procurement projects. The steps follow a Pentagon decision to add Chinese firms to a list of entities accused of supporting Beijing's military.
EuronewsChina's Commerce Ministry announced Monday that exporters may no longer supply dual-use items to 10 listed American companies. The Finance Ministry separately barred government purchases from 46 U.S. firms including Lockheed Martin and Raytheon.
pakistantoday.com.pkChina's commerce ministry announced export restrictions on 10 U.S. firms involved in drones and rare earths. The finance ministry separately barred government purchases from 46 American companies.
Japan TimesChina placed two U.S. rare earth producers and eight other American companies on its export control list, citing national security. The move follows the Pentagon’s recent addition of several Chinese firms to a military-support roster and ends a lull in such restrictions since las…
insidermonkey.comAt least three supertankers moved Iranian oil after the U.S. ended its naval blockade. The U.S. and Iran are discussing a peace framework while Chinese EV exports reached records amid earlier disruptions.
rediff.comA U.S. trade official will travel to India to discuss a joint statement on bilateral trade. The visit centers on ongoing agreement discussions between the two countries.
Ground beef prices have risen more than 20 percent since January 2025. U.S. and Mexican negotiators met June 16-17 to discuss the trade deal while President Trump warned Washington may withdraw.
foxbusiness.comThe U.S. government announced an investigation into German drug pricing on June 19. Officials say the probe will examine whether underpayment for U.S. medicines is unreasonable or discriminatory.
pakistantoday.com.pkTraders expect Pakistan's mango export sales to decline at least 30 percent this season. Shipping costs have risen from $1,400 to between $6,000 and $7,000 per container.
pakistantoday.com.pkChina's goods trade surplus with the EU reached 360.6 billion euros in 2025. Several member states have called for faster tariff authority while the bloc weighs a supply-chain diversification law.
japantimes.co.jpJapan's agriculture minister handed out rice balls made from Japanese rice to shoppers at a supermarket near Paris on Friday as part of a Japanese food fair. The event followed an earlier inspection of Japanese food shops in the city and was organized with support from the superm…
The Japan TimesChinese customs data show zero shipments of certain tungsten types, dysprosium and terbium to Japan last month. A broader rare-earth category reached its lowest three-month rolling total since 2023.
New York PostEleven tankers left Iran’s Chabahar port this week carrying 20 million barrels of crude. U.S. average gasoline prices fell below $4 a gallon as Brent crude traded near $80.50.
EuronewsThe United States Trade Representative launched a probe on Thursday into whether Germany underpays for innovative medicines. The move follows months of talks and could lead to tariffs.
rigzone.comPetroChina, Indian Oil, and Sinochem encountered high tanker rates and limited availability when seeking vessels to move Iraqi and Gulf crude to Asia. The companies cited costs nearly triple pre-conflict levels and uncertainty over transit terms.
cicnews.comOfficials from the three countries will hold a virtual session on the date specified in the agreement for signaling whether to extend the deal past 2036. A second meeting is planned later in July.
prnewswire.comImporters accelerated shipments ahead of higher fuel costs and potential U.S. tariffs, lifting May 2026 volumes 26 percent from a year earlier. Shipping lines added emergency surcharges to cover bunker fuel price spikes tied to the Middle East conflict.
mining.comSens. Angela Alsobrooks and Dave McCormick will introduce legislation Thursday to help small businesses obtain Export-Import Bank financing for overseas sales. The measure would create a pilot program directing the bank to work with state and local institutions.
theiranproject.comThe agreement ends military operations, lifts the U.S. naval blockade within 30 days, and sets a 60-day deadline for a final deal that includes a $300 billion reconstruction plan.
montrealgazette.comThe mayor of Sherbrooke called for Canada to make no concessions on its supply management system during the upcoming CUSMA renewal window. The motion was passed by city council and sent to federal ministers.
Washington ExaminerThe Group of Seven nations set targets to limit any one country outside the group to no more than 60 percent of global rare earth and permanent magnet supply by 2030. The plan includes joint production, recycling, and traceability measures for critical minerals.
ABC NewsCanadian Prime Minister Mark Carney will depart the G7 summit without a scheduled bilateral meeting with U.S. President Donald Trump. The absence comes as the countries' free trade agreement faces an uncertain future.
info.gov.hkAbdulla Kanoo stated that his firm ARP Digital is developing blockchain-based settlement infrastructure for trade flows between emerging economies. The project targets a market segment projected to reach $32 trillion by 2030.
Fox NewsThe U.S. has closed its southern border to livestock imports following the first detection of New World screwworm in Texas in 60 years. Officials link the parasite's return to smuggling routes through Mexico and Central America.
rediff.comAIM Talks China 2026 opened on June 17 in Guangzhou's Tianhe district. The event brought together investors, policymakers, and business leaders from China, the UAE, and other markets to discuss cross-border investment and partnerships in the Greater Bay Area.
news.google.comBridge Cheese resumed overseas sales four years after Brexit disrupted European exports. The company now sells cheddar and mozzarella products to buyers in Hong Kong.
thehindu.comChina has introduced two regulations affecting data handling and technology exports. The measures update rules originally set in 2021 and require approval for certain overseas transfers.
The European Parliament voted 440-151 to approve a tariff agreement with the United States that caps industrial tariffs at 15 percent. The deal includes a sunset clause ending in 2029 and gives the European Commission suspension rights if commitments are not met.
techjuice.pkVietnam reached a trade agreement with the United States in October that set tariffs at 20%. The government targets 10% yearly growth through 2030 and high-income status by 2045.
nationalobserver.comCanada's ambassador to the United States told a Toronto audience that the July 1 start of the CUSMA renewal window will not terminate the agreement. The pact remains in force through 2036 regardless of when any review concludes.
foxbusiness.comVenezuela exported 1.25 million barrels per day in May, up 0.7 percent from April and 61 percent from a year earlier. The United States eased operating licenses the week before June 15.
activistpost.comOil exports from the Americas reached an all-time high while traffic through the Strait of Hormuz fell sharply. The shift follows reduced Middle East crude output.
koreaherald.comOfficers intercepted 22 elephant tusks weighing 130.84 kilograms valued at N126.39 million. Four suspects were arrested and a vehicle was seized during the June 13 operation.
Usa TodayThe justices left the duties in place after businesses argued the administration exceeded authority under the 1974 Trade Act. The decision follows a February ruling that struck down separate emergency tariffs.
An Indian trade official said discussions with the U.S. Trade Representative will focus on finalizing an interim trade agreement. The talks aim to complete outstanding elements of the deal.
The U.S. Department of Agriculture introduced the Great American Cotton Plan last week in Arizona. The plan includes four pillars aimed at increasing domestic production, consumption, trade access, and grower protections. Officials said the measures respond to foreign competition…
The annual gathering of the Group of Seven began Monday in France with talks on Russia's war in Ukraine, Iran, and global economic imbalances. Leaders will also discuss critical minerals and trade tensions.
financialpost.com@zerohedge reported that the three automakers called for local content requirements and incentives for vehicles developed and produced in Europe. The proposal targets competition from Chinese electric vehicle makers.
The Japan TimesThe effective closure of the Strait of Hormuz has increased prices for imported fertilizer in Japan. Officials have begun stockpiling supplies and seeking new import sources while international shortage warnings circulate.
Negotiations for a Western trading bloc to regulate critical minerals prices are stumbling over cost and governance concerns, according to diplomatic sources.
The plan would explore price supports, market standards, subsidies or guaranteed purchases. Negotiations continue amid concerns over cost and governance.
japan-forward.comOfficials from the two countries announced more than £9 billion in infrastructure and financial services investment plus up to £9 billion in offshore wind projects. A separate technology partnership links UK microchip design with Japanese manufacturing.
app.buzzsumo.comThe UK and Japan have agreed an investment package under which Japanese firms will spend more than £9bn on UK infrastructure and financial services and up to £9bn on offshore wind projects. Officials said the commitments will create tens of thousands of jobs.
japantimes.co.jpBritish and Japanese leaders signed more than 10 agreements on Sunday, including a £9-billion offshore wind project and new semiconductor and defense ties, ahead of the G7 summit.
European Union imports of Russian liquefied natural gas rose 17.9 percent between January and May 2026 compared with the same period in 2025. Data show 8.37 million tonnes delivered to EU ports, representing 96.7 percent of all Yamal LNG exports during that span.
nationalpost.comThe premier completed the first of three U.S. trips this month to present an economic plan to policy-makers and industry groups. Officials have scheduled a formal review of the continental trade agreement for July 1.
South China Morning PostThai Prime Minister Anutin Charnvirakul held two days of talks in Hanoi. The two countries agreed to integrate supply chains and cut trade barriers.
focustaiwan.twPresident Trump paused planned weapons shipments to Taiwan following his May visit to Beijing. Taiwanese officials expressed concern while noting continued congressional support for the sales.
Los Angeles TimesCanada's prime minister met Ireland's taoiseach on Saturday and said middle-power countries should combine forces rather than compete for favor with the United States. The comments came ahead of the Group of 7 summit that begins Monday in France.
rte.ieCanadian Prime Minister Mark Carney and his wife arrive in Dublin for meetings with Irish officials. The visit includes discussions on a new bilateral cooperation framework covering trade, investment, and security.
news.google.comThe government will include an end date of 1 January 2027 in its temporary import licence and will review the licence every two weeks. The move follows earlier sanctions tied to the war in Ukraine.
Fox NewsThe Small Business Administration, working with the General Services Administration, is removing items from the Advantage! platform after concerns that some vendors misrepresented their U.S. sourcing.
Washington ExaminerInterior Secretary Doug Burgum said the Navy has guided more than 20 crude carriers on some nights. Energy Secretary Chris Wright reported 7 million barrels of oil and fuel moving daily through the waterway.
rferl.orgU.S. Assistant Secretary of Commerce David Fogel and Uzbek Investment Minister Laziz Kudratov signed a memorandum of understanding on June 9 in Tashkent. The agreement targets business visits and investment in mining, energy, IT, agriculture, and artificial intelligence.
financialpost.comU.S. exporters report limited success securing European offtake deals for new LNG projects. The EU continues its scheduled elimination of Russian gas imports through 2027.
forbes.comThe Texas border crossing recorded the highest total merchandise trade among all U.S. ports for the second straight month, according to WorldCity analysis of Census Bureau data released this week.