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Tariff
Electric Vehicles
Here’s How Volvo Plans to Overcome Trump’s Tariffs With New EVs Arriving
Volvo Cars has announced a SEK 18 billion (approximately $2 billion) restructuring plan to foster growth and address challenges posed by tariffs. The initiative…
Canada
Canada Maintains Strong Canola Exports
Canola exports from Canada are continuing at a strong pace, despite concerns about potential U.S. tariffs. In the first two weeks of April, Canada shipped 516,0…
China
China Accelerates Shift to Brazilian Soybeans, as US Agricultural Exports Plunge Amid Tariffs
In April 2025, China’s Zhejiang Province is seeing a significant increase in soybean shipments from Brazil. Around 40 Brazilian soybean vessels are expect…
Electric Vehicles
Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook
Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…
Electric Vehicles
Tesla Hikes Prices on Its EVs in Canada Amid Tariffs, Expect Demand Collapse
Tesla, the American electric vehicle manufacturer, has raised prices across its entire lineup in Canada, with increases ranging from 13% to 22%. The adjustments…
Canada
Trump Tariff Chaos Makes Dow Pause $8.4bn Plant in Canada
US chemical company Dow has postponed its plan to construct a major net-zero chemical facility in Fort Saskatchewan, near Edmonton, Alberta, according to CBC. T…
Brazil
Brazil: Domestic Market Begins to Focus On Exports of 2025 Second Corn Crop
Global markets faced heightened tension in April 2025 as trade disputes between the U.S. and China intensified, affecting commerce and agricultural planning. Th…
Photovoltaic (PV)
Research Shows How Japan’s PV Market Suffered From High Feed-in Tariffs
An international research team has identified a connection between higher feed-in tariffs (FITs) in Japan and increased capital expenditure (Capex) in solar pro…
Belgium
Antwerp Surpasses Rotterdam in Q1 Containers as Ports Fear U.S. Tariffs
In an unexpected shift, the Port of Antwerp-Bruges outperformed the Port of Rotterdam in container volume during the first quarter of 2025. Antwerp-Bruges, typi…
Metal
India Imposes Temporary Steel Import Tariff to Protect Domestic Manufacturers
India’s Ministry of Finance has introduced a temporary 12% safeguard duty on specific steel imports to address the surge of low-cost steel entering the ma…
Photovoltaic (PV)
ViệT Nam’s Solar Exports Hit With US Duties of up to 542.6 Per Cent
On April 21, 2025, the United States introduced significant tariffs on solar energy products imported from four Southeast Asian countries: Việt Nam, Malaysia, …
Electricity Trade
Nigeria Reduces Electricity Subsidies by 35% Following Tariff Hike for Heavy Users
Nigeria has reduced electricity subsidies by 35% following a tariff increase for specific consumers last year, according to Power Minister Adebayo Adelabu. The …
LNG
China’s CNOOC Agrees LNG Deal With UAE’s ADNOC Amid Tariff War With US
China National Offshore Oil Corporation (CNOOC) has signed a five-year agreement with Abu Dhabi National Oil Corporation (ADNOC) to purchase 500,000 metric tons…
Electric Vehicles
Mazda to Pause U.S. Production of Compact SUV Destined for Canada
Mazda Motor Corp. will temporarily suspend exports of its CX-50 sport utility vehicle to Canada from its Alabama plant, starting May 12, 2025, a company spokesp…
Metal
MP Materials Halts Rare Earth Supply to China Amid Retaliatory Tariffs
MP Materials, a U.S.-based rare earth minerals producer, has ceased shipments of rare earth concentrate to China for processing due to new tariffs and trade res…
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