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In response to the surge in cheap goods from China exported through e-commerce platforms, countries in Central and South America have been eliminating import duty-free policies or raising tariffs. With the rapid growth of e-commerce users, the domestic retail sector, particularly, is strongly demanding stricter regulations. However, e-commerce platforms are responding by increasing local production,…
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Regarding the reciprocal tariffs set by the Trump administration for trading partners and regions, U.S. Treasury Secretary Benson said on May 18 that it was considering setting tariffs on Central America and Africa by “regional basis”. He was interviewed by CNN. The United States will not conduct trade negotiations with countries other than major countries,…
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On May 15, the European Commission, the executive body of the European Union (EU), put forward a provisional opinion that the short video app “TikTok” violated relevant regulations on digital regulation. The Commission pointed out that TikTok did not do enough in disclosing relevant information about the release of video ads. The European Commission investigated…
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Japanese machine tool orders increased by 8% in April, and demand in China increased According to data released by the Japan Machine Tool Builders’ Association (JMA) on May 15, the amount of machine tool orders (preliminary value) in April increased by 8% year-on-year to 130.2 billion yen. Overall growth has been achieved for seven consecutive…