President Trump notified Congress and the governments of Rwanda and South Africa of his intent to terminate their eligibility under the African Growth and Opportunity Act (AGOA) effective January 1, 2027. Ambassador Greer issued a statement supporting the decision. The termination removes preferential tariff access previously granted to both countries under AGOA.
Topic Archives:Tariffs
GCC Initiates Anti-Dumping Investigation on Uncoated Writing/Printing Paper from India, China, and Thailand
The GCC Secretariat has launched an anti-dumping investigation against imports of uncoated writing and printing paper originating or exported from India, China, and Thailand. The investigation covers GCC member states’ imports of this product category.
CPO and Cocoa Prices Fall, November 2026 Export Levy Remains at 12.5%
Indonesia’s Ministry of Trade has set the reference prices for crude palm oil (CPO) and cocoa beans for November 2026, recording month-on-month declines of 6.07% and 7.33% respectively. Despite the price drops, the export levy for both commodities remains unchanged at 12.5%. The price corrections are attributed to global stock levels and market dynamics.
Entry into Force of the MERCOSUR-Singapore Free Trade Agreement
The MERCOSUR-Singapore Free Trade Agreement officially entered into force on 1 November 2026, as announced in a joint press release between Singapore and Argentina. This marks the implementation of a plurilateral FTA between Singapore and the MERCOSUR bloc. No further details are available from the snippet.
Mercosur-EFTA Agreement Opens New Opportunities for Brazilian Exports to Norway on November 1
The Mercosur-EFTA free trade agreement enters into force on November 1, 2026, creating new export opportunities for Brazil in Norway. The agreement eliminates tariffs on various products and includes measures to simplify technical requirements and reduce trade costs.
EU Commission Imposes Anti-Dumping Duties on PET Spunbond from China
The European Commission imposed anti-dumping duties on imports of polyethylene terephthalate (PET) Spunbond from China. This trade remedy measure targets dumped imports entering the EU market.
Mercosur-EU Agreement Boosts Brazilian Exports, with Growth of Up to 421% in Select Products
In the first five months of implementation (May–September 2026), the Mercosur-EU trade agreement has driven significant export growth for Brazilian products benefiting from reduced or zero import tariffs. Key products showing gains include electrical transformers, honey, fresh avocados, and corn oil. Year-on-year comparisons with the same period in 2025 show increases of up to 421%.
EU Initiates Global Safeguard Investigation on Imported Hybrid Vehicles
The EU has launched a global safeguard investigation on imported hybrid automobiles. This measure could affect Asia-Pacific exporters, particularly major hybrid vehicle producers in Japan and South Korea. The investigation may lead to tariff-based safeguard measures if imports are found to cause serious injury to EU domestic industry.
November 2026: CPO Reference Price and Cocoa Bean Export Price Decline, Other Commodity Export Prices Vary
Indonesia’s Ministry of Trade has set the CPO reference price for November 2026 at USD 978.90/MT, down 6.07% from October 2026, which determines export duties and BPDP levies. The reference price for cocoa beans has also declined, while export prices for other commodities vary. These reference prices directly govern Indonesia’s commodity export duty rates for […]
Indonesia Sets Export Reference Price and Benchmark Price for Gold – Period I November 2026
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 132,756.02/kg for the first half of November 2026, down 1.68% from the second period of October 2026. The reference price (HR) for gold also fell to USD 4,129.18 per troy ounce from USD 4,199.73. These prices are established by ministerial […]