Global Trade Alert

🛡️𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗽𝗿𝗼𝗽𝗼𝘀𝗲𝘀 𝗘𝗨𝗥 𝟭𝟱𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗦𝗔𝗙𝗘 𝗽𝗹𝗮𝗻 𝘁𝗼 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗷𝗼𝗶𝗻𝘁 𝗱𝗲𝗳𝗲𝗻𝗰𝗲 𝗽𝗿𝗼𝗰𝘂𝗿𝗲𝗺𝗲𝗻𝘁 Yesterday, the European Commission published the Security Action for Europe (SAFE) plan, a loan-based instrument aimed at supporting joint defence procurement across EU Member States. Under SAFE, up to EUR 150 billion in loans will be available for joint orders, subject to localisation requirements. 💡𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: • Defence products must be sourced from entities headquartered in the EU, EEA/EFTA states, or Ukraine. • For war consumables, 65% of components must originate from the EU, EEA/EFTA, or Ukraine. • Complex systems must meet the same requirement while ensuring EU control over design to avoid new dependencies. For full details, access the Global Trade Alert database entry here: https://lnkd.in/g3EveyAb SAFE is part of the broader 𝗥𝗲𝗔𝗿𝗺 𝗘𝘂𝗿𝗼𝗽𝗲 𝗣𝗹𝗮𝗻, which aims to mobilise up to 𝗘𝗨𝗥 𝟴𝟬𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 for the defence sector: https://lnkd.in/gHqcZNBf 📌Track the latest in trade and industrial policy with GTA 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗧𝗿𝗮𝗰𝗸𝗲𝗿: https://lnkd.in/d_-4VXRZ #EuropeanUnion #EU #TradePolicy #Defence #StateAid #SupplyChain #Security #GlobalTrade #SAFE

Fertilisers are among the many products that have drawn attention during this year’s trade war. According to Global Trade Alert data, governments have introduced nearly 𝟲𝟱𝟬 𝘁𝗿𝗮𝗱𝗲 𝗽𝗼𝗹𝗶𝗰𝘆 𝗶𝗻𝘁𝗲𝗿𝘃𝗲𝗻𝘁𝗶𝗼𝗻𝘀 affecting fertilisers over the past decade. Around 𝟴𝟬% of these measures have been restrictive. A closer look at the numbers: • Interventions 𝗽𝗲𝗮𝗸𝗲𝗱 𝗶𝗻 𝟮𝟬𝟮𝟮 with 86 harmful and 27 liberalising measures. • China has introduced 126 harmful trade interventions over the last decade, 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗮𝗻𝘆 𝗼𝘁𝗵𝗲𝗿 𝗰𝗼𝘂𝗻𝘁𝗿𝘆. The United States follows with 42. • Subsidies, import tariffs, and export bans are the most commonly used policy tools. 📊 Explore more detailed statistics in the GTA Data Center: https://lnkd.in/dbabKXrC #Fertiliser #GlobalTrade #Trade #Potash #TradeWar #FoodSecurity #Agri #Economics #Agriculture #Tariff

💰𝗦𝘂𝗯𝘀𝗶𝗱𝗶𝗲𝘀 𝘁𝗼 𝗦𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿𝘀: 𝗥𝗲𝗰𝗲𝗻𝘁 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: 𝗨𝗦𝗗 𝟱𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 grant to HP under the CHIPS Act to expand semiconductor R&D and manufacturing. 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗨𝗻𝗶𝗼𝗻: Bosch secured 𝗨𝗦𝗗 𝟳𝟮𝟵 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 from the European Investment Bank (EIB) to expand semiconductor production. 𝗜𝗻𝗱𝗶𝗮: Government backs an Outsourced Semiconductor Assembly and Test (OSAT) facility in Gujarat with 50% fiscal support, with a maximum subsidy of 𝗨𝗦𝗗 𝟰𝟯𝟵 𝗺𝗶𝗹𝗹𝗶𝗼𝗻. 𝗖𝗮𝗻𝗮𝗱𝗮: Ontario announced a 𝗨𝗦𝗗 𝟲𝟵.𝟱𝟳 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 grant to Linamar Corporation for semiconductor and EV-related research. 𝗩𝗶𝗲𝘁𝗻𝗮𝗺: National Assembly approved 𝗨𝗦𝗗 𝟯𝟵𝟭.𝟲𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in grants for the country’s first semiconductor factory. 𝗚𝗲𝗿𝗺𝗮𝗻𝘆: European Commission approved 𝗨𝗦𝗗 𝟵𝟲𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in state aid for Infineon Technologies' semiconductor plant in Dresden. 🧵For full details, visit the Global Trade Alert Thread here: https://lnkd.in/d4J6Myvm 𝗚𝗧𝗔 𝗧𝗵𝗿𝗲𝗮𝗱𝘀 deliver curated insights from our database, highlighting topical trade developments. Discover them all here: https://lnkd.in/dRFg5RqH #Semiconductors #Subsidies #TradePolicy #GlobalTrade #Manufacturing #CHIPSAct #Trade #IC #IntegratedCircuit

The U.S. Department of the Treasury’s report on “Discriminatory and Extraterritorial Tax Measures” is due this week, following the Trump administration’s January memorandum reviving Section 301 investigations into digital services taxes (DSTs). If tariffs are reinstated, up to $𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in trade could be affected, with France, the UK, and Turkey being most exposed. Since 2019, US imports of targeted products from these countries have increased significantly: France (+𝟳𝟮% to ~$2.2 billion), the UK (+𝟯𝟬% to ~$1.2 billion), and Turkey (+𝟭𝟭𝟴% to ~$675 million). When similar tariffs were considered in 2020, they were suspended as part of a broader tax compromise between the US and several governments. That arrangement is no longer in effect after a memorandum by the current US administration unravelled the 2021 compromise. The full Zeitgeist briefing written by Global Trade Alert CEO Johannes Fritz, including a product-level breakdown of import exposure, is available here: https://lnkd.in/d-mMpQQf #TradePolicy #GlobalTrade #Tariffs #Section301 #DigitalTax #DST #DigitalServices #Trump #US #UnitedStates #Trade

𝗖𝗮𝗻𝗮𝗱𝗮 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝘀𝗲𝗰𝗼𝗻𝗱 𝗿𝗼𝘂𝗻𝗱 𝗼𝗳 𝗰𝗼𝘂𝗻𝘁𝗲𝗿𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝘀 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗨.𝗦. 𝘁𝗮𝗿𝗶𝗳𝗳𝘀 𝗼𝗻 𝘀𝘁𝗲𝗲𝗹 𝗮𝗻𝗱 𝗮𝗹𝘂𝗺𝗶𝗻𝗶𝘂𝗺 On 12 March 2025, the Canadian government announced a 𝟮𝟱% 𝘁𝗮𝗿𝗶𝗳𝗳 on a broad range of U.S. imports in response to U.S. duties on Canadian steel and aluminium. The measure takes effect on 𝟭𝟯 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟱 and applies to 𝟱𝟯𝟵 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗰𝗮𝘁𝗲𝗴𝗼𝗿𝗶𝗲𝘀 at the 8-digit HS level, including steel, aluminium, tools, computers, servers, display monitors, sports equipment, and cast-iron products. According to the Canadian government, the total value of affected imports is CAD 29.8 billion (USD 20.74 billion), with steel and aluminium alone accounting for CAD 15.6 billion (USD 10.85 billion). Full details available in the Global Trade Alert database entry: https://bit.ly/3FpzrSi 𝗧𝗵𝗶𝘀 𝗹𝗮𝘁𝗲𝘀𝘁 𝗺𝗲𝗮𝘀𝘂𝗿𝗲 𝗳𝗼𝗿𝗺𝘀 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗖𝗮𝗻𝗮𝗱𝗮’𝘀 𝗯𝗿𝗼𝗮𝗱𝗲𝗿 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲 𝘁𝗼 𝗨.𝗦. 𝘁𝗮𝗿𝗶𝗳𝗳𝘀, 𝘄𝗵𝗶𝗰𝗵 𝗶𝗻𝗰𝗹𝘂𝗱𝗲𝘀 𝗯𝗼𝘁𝗵 𝗿𝗲𝘁𝗮𝗹𝗶𝗮𝘁𝗶𝗼𝗻 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗶𝗺𝗽𝗼𝗿𝘁 𝗱𝘂𝘁𝗶𝗲𝘀 𝗮𝗻𝗱 𝘁𝗿𝗮𝗱𝗲 𝗿𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝗼𝗻𝘀, 𝗮𝘀 𝘄𝗲𝗹𝗹 𝗮𝘀 𝗺𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗲𝗳𝗳𝗼𝗿𝘁𝘀 𝘁𝗼 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝗳𝗳𝗲𝗰𝘁𝗲𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀. 𝗥𝗲𝗰𝗲𝗻𝘁 𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: • A 𝟮𝟱% 𝘀𝘂𝗿𝘁𝗮𝘅 𝗼𝗻 𝗼𝘃𝗲𝗿 𝟴𝟬𝟬 𝗨.𝗦. 𝗴𝗼𝗼𝗱𝘀, including consumer products, industrial machinery, and electronics (https://bit.ly/4iqcEnQ). • Quebec’s trade diversification initiative to reduce economic dependence on the U.S. (https://bit.ly/4iM4bv5). • Provincial restrictions on U.S. alcohol sales and limiting U.S. firms’ access to public procurement (https://bit.ly/4kOzxmw). • 𝗖𝗔𝗗 𝟭.𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 package of federal financial assistance for impacted businesses (https://bit.ly/3XMKjzU). • Ontario’s 𝟮𝟱% 𝘀𝘂𝗿𝗰𝗵𝗮𝗿𝗴𝗲 on electricity exports to the U.S. (𝘁𝗲𝗺𝗽𝗼𝗿𝗮𝗿𝗶𝗹𝘆 𝘀𝘂𝘀𝗽𝗲𝗻𝗱𝗲𝗱, https://bit.ly/3FqFAh8). For more details, check the GTA Threads tracking the evolution of economic pressure measures during the Trump administration and corresponding responses from trading partners: 🧵 Trump's Foreign Government Pressure Measures: https://bit.ly/3X0oVa6 🧵 Responses to Trump's Government Pressure Measures: https://bit.ly/4gMMJFC 𝗚𝗧𝗔 𝗧𝗵𝗿𝗲𝗮𝗱𝘀 deliver curated insights from our database, highlighting topical trade developments. Discover them all here: https://lnkd.in/dRFg5RqH #GlobalTrade #Trade #Tariffs #Canada #UnitedStates #US #TradeWar #Import #Export #Trump #Economics

𝗧𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗨𝗻𝗶𝗼𝗻 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝗰𝗼𝘂𝗻𝘁𝗲𝗿𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝘀 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝘁𝗵𝗲 𝗨𝗦 𝘀𝘁𝗲𝗲𝗹 𝗮𝗻𝗱 𝗮𝗹𝘂𝗺𝗶𝗻𝗶𝘂𝗺 𝘁𝗮𝗿𝗶𝗳𝗳𝘀 Today, the European Commission announced countermeasures against the additional 25% import tariffs imposed by the United States on steel, aluminium and derivative products. According to the Commission, the countermeasures will be introduced in two steps. 1️⃣ 𝗦𝘁𝗲𝗽 𝗼𝗻𝗲 ⁠⁠⁠• The Commission will reintroduce tariffs on certain US products, including vegetables, clothing, and tobacco goods, among others. These tariffs were originally imposed in 2018 and 2020 but were later suspended in 2021. The suspension will end on 31 March 2025 and the tariffs enter into force on 𝟭 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟱. ⁠⁠⁠ • The tariffs will apply to 343 products and range from 𝟰.𝟰% 𝘁𝗼 𝟱𝟬%, depending on the product. 2️⃣ 𝗦𝘁𝗲𝗽 𝘁𝘄𝗼 • The Commission will begin the process of implementing a new set of countermeasures. The proposal includes new additional tariffs targeting 1'708 products imported from the United States. • These products include steel, aluminium, textiles, leather goods, home appliances, house tools, plastics, wood products, poultry, beef, seafood, nuts, eggs, dairy, sugar and vegetables. • The consultation process is expected to conclude on 26 March 2025 and the implementation of the regulation is expected in 𝗺𝗶𝗱-𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟱. For more details, 𝗼𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝘀𝗼𝘂𝗿𝗰𝗲𝘀, and a complete list of affected goods, access the Global Trade Alert’s database entry here: https://lnkd.in/drUAtw_g #Tariffs #EuropeanUnion #UnitedStates #US #GlobalTrade #Trade #TradePolicy #TradeWar #Trump #Aluminium #Steel

𝗦𝗼𝘂𝘁𝗵 𝗞𝗼𝗿𝗲𝗮 𝗘𝘅𝗽𝗮𝗻𝗱𝘀 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗛𝗶𝗴𝗵-𝗧𝗲𝗰𝗵 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 Last week, the South Korean government announced its plan to launch a 𝗞𝗥𝗪 𝟱𝟬 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 (𝗨𝗦𝗗 𝟯𝟰.𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻) 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗱 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗙𝘂𝗻𝗱 to enhance competitiveness in high-tech industries. Administered by the Industrial Bank of Korea, the fund will support national high-tech strategic technologies such as semiconductors, secondary batteries, biotech, robotics, and quantum technology through loans and capital injections. Full details and official sources: https://lnkd.in/d57Dr__6 This initiative builds on previous efforts to enhance supply chain resilience and technological development. Earlier this year, an additional 𝗞𝗥𝗪 𝟭𝟬 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 (𝗨𝗦𝗗 𝟲.𝟴𝟵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻) 𝘄𝗮𝘀 𝗮𝗹𝗹𝗼𝗰𝗮𝘁𝗲𝗱 𝘁𝗼 𝘁𝗵𝗲 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗙𝘂𝗻𝗱 to support Korean companies investing in overseas and domestic facilities that reduce reliance on foreign sources (https://lnkd.in/dnreNR2Z). Meanwhile, the 𝗞𝗥𝗪 𝟮𝟲 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 (𝗨𝗦𝗗 𝟭𝟵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻) 𝗦𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗣𝗮𝗰𝗸𝗮𝗴𝗲, introduced in 2024, provides funding for domestic semiconductor firms through preferential loans, capital injections, and in-kind grants (https://lnkd.in/dCgf3uvX). For more statistics on global trade policies, check out the Global Trade Alert 𝗗𝗮𝘁𝗮 𝗖𝗲𝗻𝘁𝗲𝗿: https://lnkd.in/dbabKXrC #SouthKorea #GlobalTrade #Trade #StateAid #Subsidies #CriticalMaterials #Semiconductors #SupplyChain #Tech

𝗖𝗵𝗶𝗻𝗮 𝗜𝗺𝗽𝗼𝘀𝗲𝘀 𝗔𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗧𝗮𝗿𝗶𝗳𝗳𝘀 𝗼𝗻 𝗖𝗮𝗻𝗮𝗱𝗶𝗮𝗻 𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗜𝗺𝗽𝗼𝗿𝘁𝘀 China has introduced additional tariffs on agricultural imports from Canada, covering 72 tariff lines. These new duties will apply from 𝟮𝟬 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟱. The affected goods and tariff rates: • 𝟮𝟱% tariff on aquatic products and pork. • 𝟭𝟬𝟬% tariff on rapeseed oil, oil cake, and peas. Access the Global Trade Alert database entry for full details: https://lnkd.in/dtyDiBt4 #TradePolicy #Tariffs #China #Canada #Trade #GlobalTrade #Agriculture

𝗜𝘀 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗸𝗲𝗲𝗽𝗶𝗻𝗴 𝘂𝗽 𝘄𝗶𝘁𝗵 𝘁𝗼𝗱𝗮𝘆'𝘀 𝗿𝗮𝗽𝗶𝗱 𝘁𝗿𝗮𝗱𝗲 𝗽𝗼𝗹𝗶𝗰𝘆 𝗰𝗵𝗮𝗻𝗴𝗲𝘀? The 𝗚𝗹𝗼𝗯𝗮𝗹 𝗧𝗿𝗮𝗱𝗲 𝗔𝗹𝗲𝗿𝘁 𝗔𝗣𝗜 eliminates manual tracking and delivers timely, verified trade and industrial policy updates directly to you: • 𝗔𝗹𝘄𝗮𝘆𝘀 𝗨𝗽-𝘁𝗼-𝗗𝗮𝘁𝗲: Rapid, concise alerts from official sources after six-eyes verification. • 𝗕𝗿𝗼𝗮𝗱𝗲𝘀𝘁 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲: Over 73,000 entries dating back to 2009, covering 50+ markets. • 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝘁 𝗙𝗶𝗹𝘁𝗲𝗿𝘀: Zero in on the specific product codes that affect your bottom line, thanks to our detailed 6-digit HS code classification.  • 𝗘𝗮𝘀𝘆 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻: Plug the API into your existing systems today and support smooth, well-established workflows.  • 𝗣𝗿𝗼𝘃𝗲𝗻 𝗪𝗼𝗿𝗹𝗱𝘄𝗶𝗱𝗲: GTA intelligence strengthens decision-making at Samsung Electronics, informs major news outlets, and guides leading consultancies and international organizations worldwide. 𝗦𝗲𝘁 𝘂𝗽 𝘆𝗼𝘂𝗿 𝗳𝗿𝗲𝗲 𝗱𝗲𝗺𝗼 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝘁𝗼𝗱𝗮𝘆 and prevent tomorrow’s risk from becoming a crisis: https://lnkd.in/g7T8BEag

The U.S. has lifted additional tariffs on imports from Mexico and Canada that qualify for preference under the U.S.-Mexico-Canada Agreement (USMCA). An Executive Order issued on 6 March 2025 exempts these goods from tariffs introduced on 4 March 2025. 𝗧𝗵𝗲 𝗲𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻 𝘁𝗮𝗸𝗲𝘀 𝗲𝗳𝗳𝗲𝗰𝘁 𝗼𝗻 𝟳 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟱. According to the U.S. tariff schedule under the USMCA, the U.S. provided preferences for a total of 5’394 six-digit HS codes. Imports that don’t meet USMCA rules of origin remain subject to the following additional duties: Mexico (https://lnkd.in/dk_ykV9T): • 𝟮𝟱% on non-USMCA-compliant goods • 𝟭𝟬% on potash Canada (https://lnkd.in/d6HTmqa4): • 𝟮𝟱% on non-USMCA-compliant goods • 𝟭𝟬% on energy products • 𝟭𝟬% on potash 🔎Subscribe to Global Trade Alert 𝗧𝗵𝗿𝗲𝗮𝗱𝘀 for timely, verified updates on the latest events: 🧵 Trump's Foreign Government Pressure Measures: https://bit.ly/3X0oVa6 🧵 Responses to Trump's Government Pressure Measures: https://bit.ly/4gMMJFC #GlobalTrade #Trade #TradePolicy #USMCA #Tariffs #UnitedStates #US #Mexico #Canada #Potash #TradeWar