Việt Nam’s wood industry needs to focus on improving designs, creating brands and preventing fraudulent activities to ensure healthy growth, an industry meeting heard.

South Korea faced more trade barriers last year amid growing protectionism around the globe spearheaded by the U.S.-China trade war, with steel and chemical industries being primary victims, data showed Thursday.

The Coalition of American Millwork Producers, on behalf of Bright Wood Corporation, Cascade Wood Products, Inc., Endura Products, Inc., Sierra Pacific Industries, Sunset Moulding, Woodgrain Millwork Inc., and Yuba River Moulding (collectively “petitioners”), on January 8, 2020, filed antidumping (AD) petitions on imports of wood moldings and millwork products from Brazil and China and a countervailing duty (CVD) petition on imports of wood moldings and millwork products from China.

The United States is imposing a new tariff of up to 301.64% on steel products from China.

As US strives to strike a beneficial bilateral deal with China, it’s paving the way for ‘managed’ trade among countries

In 2019, the global economy witnessed a steady deceleration. According to estimates made by the International Monetary Organization (IMF) in October 2019, growth reached only 3.0 per cent compared to 3.6 per cent in 2018, lower than forecasts made in July and April respectively by 0.2 and 0.1 percentage points. Trade flow and foreign direct investment also decreased.

The Ministry of Industry and Trade urged firms to strictly comply with rules of origin to avoid negative impacts on exports amid escalating trade defence measures.

A Chinese trade delegation is planning to travel to Washington on Jan. 13 for the signing of the U.S.-China Phase 1 trade deal, the South China Morning Post reported on Sunday citing a source briefed on the matter.

Germany is among the biggest beneficiaries of the World Trade Organisation, achieving income gains worth $US66 billion through its membership, according to a study by Germany's Bertelsmann Stiftung foundation.

Paris and Washington have two weeks to settle a disputed French tax proposal on multinational tech giants, the French finance minister said today after a “long discussion” with his US counterpart.