Trade Restrictions
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US Unveils Fresh Export Curbs Targeting China's Chip Sector
The United States announced new export restrictions Monday targeting China's ability to make advanced semiconductors, drawing swift condemnation from Beijing as competition deepens between the world's two biggest economies.
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Russia Delays Key Science Projects: Everything You Need to Know
Russia has postponed its SKIF Photon Source, Kurchatov Synchrotron Radiation Source modernisation, and neutron research expansion due to trade sanctions and budget issues. The sanctions restrict access to specialised equipment needed for these projects, now dependent on alternative sources. Officials remain optimistic about completing them by adjus...
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Crypto Trading Addiction Flagged as Public Health Concern by UK NHS Chief
Amanda Pritchard, Chief Executive of the UK's National Health Service (NHS), has sounded an alert about the rising cases of crypto trading addiction. Pritchard is concerned if the rising cases of crypto-related gambling are not controlled in time, they could pose a risk to members of UK’s crypto community and the financial stability of the count...
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Oreo Maker Mondelez Hit With $366 Million EU Fine Over Restricting Trade
The EU on Thursday slapped a 337.5 million euro ($366 million) fine on Mondelez, the US confectioner behind major brands including Toblerone and Oreo, for restricting sales of products within the 27-country bloc.
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Turkey Imposes Trade Restrictions On Israel Over War In Gaza
Turkey said it would impose trade restrictions on Israel starting Tuesday over the war in Gaza, covering a range of products including cement and steel and iron construction materials.
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Apple to Let Music Streaming Apps in Europe Link to Own Websites for Purchases to Comply With EU Rules
Apple announced measures on Friday to make it easier for music streaming apps on its App Store in the European Economic Area to inform users of other ways to purchase digital services, as it looks to comply with a European Union mandate.
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Biden, Xi Jinping Clash On Taiwan, Bans On Tech Trade During Phone Call
President Joe Biden and Xi Jinping clashed in a telephone call Tuesday about US trade restrictions on technology and on Taiwan, but they looked to manage their tensions, with two top US officials to head shortly to Beijing.
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EU Proposes Curbs On Indian, Chinese Firms For Aiding Russia: Report
The European Union has proposed new trade restrictions on about two dozen firms, including three based in China, accused of supporting Russia's war efforts in Ukraine.
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Laptop, PC Import: Deadline Ends, Here's What Government Will Do Now
This marks a significant shift from the government's previous decision to require licenses for importing these products.
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China Tightens Curbs On Graphite Exports Citing 'National Security'
China announced on Friday new curbs on exports of certain types of graphite, key to making batteries for electric vehicles, days after the United States slapped fresh restrictions on outflows of high-tech microchips.
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US, Korea, China Raise Concerns On India's Laptop Import Restrictions
The US, China, Korea and Taiwan have raised concerns on India's decision to impose import restrictions on laptops, and computers, in a meeting of the World Trade Organisation (WTO), an official said.
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"Carefully Consider" Tech Investment Ban: China Asks US
China's international trade council has formally asked the United States to "carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday.
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G7 Looks To Take Shine Off Russian Diamonds During India Visit Next Week
Western nations are sending representatives to India, home to 90% of the world's cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said
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"Damages International Trade Order": China Slams Investment Curbs By US
Beijing on Thursday said a new US policy to restrict investment in Chinese technology "severely disrupts the security of global industrial and supply chains".
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India Delays Laptops Import Restrictions by Three Months
India will provide a transition period of about three months before a new licensing regime for imports of laptops, tablets, and personal computers comes into effect, the country's trade regulator said late on Friday. This is a partial reversal of a surprise decision on Thursday.
-
US Unveils Fresh Export Curbs Targeting China's Chip Sector
The United States announced new export restrictions Monday targeting China's ability to make advanced semiconductors, drawing swift condemnation from Beijing as competition deepens between the world's two biggest economies.
-
Russia Delays Key Science Projects: Everything You Need to Know
Russia has postponed its SKIF Photon Source, Kurchatov Synchrotron Radiation Source modernisation, and neutron research expansion due to trade sanctions and budget issues. The sanctions restrict access to specialised equipment needed for these projects, now dependent on alternative sources. Officials remain optimistic about completing them by adjus...
-
Crypto Trading Addiction Flagged as Public Health Concern by UK NHS Chief
Amanda Pritchard, Chief Executive of the UK's National Health Service (NHS), has sounded an alert about the rising cases of crypto trading addiction. Pritchard is concerned if the rising cases of crypto-related gambling are not controlled in time, they could pose a risk to members of UK’s crypto community and the financial stability of the count...
-
Oreo Maker Mondelez Hit With $366 Million EU Fine Over Restricting Trade
The EU on Thursday slapped a 337.5 million euro ($366 million) fine on Mondelez, the US confectioner behind major brands including Toblerone and Oreo, for restricting sales of products within the 27-country bloc.
-
Turkey Imposes Trade Restrictions On Israel Over War In Gaza
Turkey said it would impose trade restrictions on Israel starting Tuesday over the war in Gaza, covering a range of products including cement and steel and iron construction materials.
-
Apple to Let Music Streaming Apps in Europe Link to Own Websites for Purchases to Comply With EU Rules
Apple announced measures on Friday to make it easier for music streaming apps on its App Store in the European Economic Area to inform users of other ways to purchase digital services, as it looks to comply with a European Union mandate.
-
Biden, Xi Jinping Clash On Taiwan, Bans On Tech Trade During Phone Call
President Joe Biden and Xi Jinping clashed in a telephone call Tuesday about US trade restrictions on technology and on Taiwan, but they looked to manage their tensions, with two top US officials to head shortly to Beijing.
-
EU Proposes Curbs On Indian, Chinese Firms For Aiding Russia: Report
The European Union has proposed new trade restrictions on about two dozen firms, including three based in China, accused of supporting Russia's war efforts in Ukraine.
-
Laptop, PC Import: Deadline Ends, Here's What Government Will Do Now
This marks a significant shift from the government's previous decision to require licenses for importing these products.
-
China Tightens Curbs On Graphite Exports Citing 'National Security'
China announced on Friday new curbs on exports of certain types of graphite, key to making batteries for electric vehicles, days after the United States slapped fresh restrictions on outflows of high-tech microchips.
-
US, Korea, China Raise Concerns On India's Laptop Import Restrictions
The US, China, Korea and Taiwan have raised concerns on India's decision to impose import restrictions on laptops, and computers, in a meeting of the World Trade Organisation (WTO), an official said.
-
"Carefully Consider" Tech Investment Ban: China Asks US
China's international trade council has formally asked the United States to "carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday.
-
G7 Looks To Take Shine Off Russian Diamonds During India Visit Next Week
Western nations are sending representatives to India, home to 90% of the world's cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said
-
"Damages International Trade Order": China Slams Investment Curbs By US
Beijing on Thursday said a new US policy to restrict investment in Chinese technology "severely disrupts the security of global industrial and supply chains".
-
India Delays Laptops Import Restrictions by Three Months
India will provide a transition period of about three months before a new licensing regime for imports of laptops, tablets, and personal computers comes into effect, the country's trade regulator said late on Friday. This is a partial reversal of a surprise decision on Thursday.
