The United Kingdom negotiates FTAs with South Korea, Switzerland, and Turkey to expand its trade in goods and services with these three nations. As set out in the Trade Strategy, the United Kingdom is negotiating an enhanced FTA with the Republic of Korea to modernize our trade relationship
A US Congressional report states that there are disagreements among lawmakers over the seizures of ships carrying Venezuelan oil. Congress states that it has supported US efforts in the past to force Nicolás Maduro to relinquish power in order to accelerate the return to democracy in Venezuela. Seizures
China managed to more than neutralize the impact of US tariffs, at least in the first seven months of 2025, according to a report by ECLAC. On the one hand, China’s total imports fell by 3.5% in the first seven months of 2025. The adjustment was mainly due
The Mexican economy in 2025 closed without clear momentum, according to the IMEF‘s interpretation of its leading indicators. In December 2025, both the manufacturing and non-manufacturing indicators showed signs of weakness and loss of traction. Mexican economy in 2025 The manufacturing sector continued to contract. Although it showed
The Panamanian government is promoting decarbonization with Net Zero Quota, a program operating in the Panama Canal. One of the biggest challenges facing maritime transport is moving towards decarbonization. To this end, in September 2025, the Panama Canal Authority launched the Net Zero Quota program. The initiative seeks
The Automotive Parts Manufacturers Association (APMA) highlighted that Canada is aligning itself with US industrial security policy in four areas. In the APMA’s view, the United States-Mexico-Canada Agreement (USMCA) is essential to addressing Chinese state-subsidized overcapacity in electric vehicles, batteries, steel, and tools. Industrial security policy The APMA