The MERCOSUR-Singapore Free Trade Agreement has entered into force, marking a significant milestone in trade relations between Singapore and the MERCOSUR bloc including Brazil. This FTA establishes preferential trade terms between the parties. The announcement was made by Singapore’s Ministry of Trade and Industry.
Indonesia’s Ministry of Trade has set the August 2026 reference price for crude palm oil (CPO) at USD 996.52/MT, down 0.44% from July, affecting export duty (BK) and BPDP levy rates. Simultaneously, the ministry announced higher benchmark export prices (HPE) for cocoa beans, pine resin, and wood products for the same period. These prices determine […]
Brazil’s Foreign Trade Executive Management Committee (GECEX) held its 239th meeting with formal deliberations on trade measures. GECEX is the body responsible for setting Brazilian import/export tariffs and trade policy decisions, making its meeting outcomes directly relevant to tariff and market access policy.
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 130,921.50/kg for the first period of August 2026, down 0.7% from the second period of July 2026. The reference price (HR) for gold also fell to USD 4,072.12 per troy ounce from USD 4,100.67. These prices are established under Ministerial […]
The European Commission adopted an Implementing Regulation extending the suspension of EU rebalancing measures on US exports to the EU. This action continues the pause on tariff countermeasures that had been applied in response to US trade actions. No further details on duration or scope are provided in the snippet.
Japan’s Ministry of Agriculture, Forestry and Fisheries announced a temporary suspension of imports of live pigs and pork products from Finland. The measure is an SPS-related import restriction likely triggered by a disease outbreak. Specific product categories affected include live pigs and pork.
Japan’s Ministry of Agriculture, Forestry and Fisheries announced the application of regionalization principles for African Swine Fever (ASF) to Canadian pork and pork products. This measure adjusts import conditions based on regional disease status rather than a blanket national ban. The decision directly affects market access for Canadian pork exports to Japan.
China’s Ministry of Commerce has announced an extension of the anti-dumping investigation period on pea starch originating from Canada. The announcement is published as MOFCOM Announcement No. 31 of 2026, dated July 31, 2026.
Brazil’s Gecex held its 239th ordinary meeting, producing formal deliberations on trade and tariff matters. Gecex is the body responsible for decisions on Brazilian import/export tariffs, trade remedies, and market access measures under CAMEX. Specific resolutions from this meeting are expected to cover tariff changes or trade remedy actions.
The European Commission has launched a targeted stakeholder consultation to review which products fall within the scope of the EU Steel Regulation. This is a required review under the regulation to assess potential changes to its product coverage. The outcome will determine which steel products are subject to the regulation’s trade measures.