KFTC Imposes Fine of 2.2 Billion Won on Coupang for Pressuring Suppliers on Prices and Advertising Costs
Coupang has been fined 2.2 billion Won by the Korea Fair Trade Commission for allegedly pressuring suppliers to reduce prices and share advertising costs.
Trump's New Tariff Set to Rise to 15% Within Days, Final Rate Could Match Trade Agreement Levels
Trump's administration is poised to increase a newly implemented tariff from 10% to 15% shortly, following earlier legal rulings regarding its tariff practices.
‘Global Tariffs’ Only 15% for Some Countries? Grier: Higher Tariffs if Trade Agreements are Not Fulfilled
Jamie Grier from the U.S. Trade Representative's office announced plans to impose higher tariffs for certain countries, with a potential increase to over 15% if trade agreements are violated.
Even if unfair practices are repeated by newly established subsidiaries... the Fair Trade Commission reduces the penalty by 260 billion won
The Fair Trade Commission of South Korea has significantly reduced fines for unfair business practices due to loopholes in its self-reporting rules.
US seeks healthy trade relations with China but does not trust it, lawmakers clarify
US lawmakers express a desire for stable trade relations with China while emphasizing a lack of trust in Chinese practices regarding technology and trade.
Friedrich Merz: Trade between China and Germany must be based on fair competition
German Chancellor Friedrich Merz emphasizes the need for a balanced and fair trading partnership with China amidst rising complaints about China's trade practices in Europe.
EU too slow to act as China rewrites global trade rules, trade chief Sefcovic warns
The EU's trade chief, Maros Sefcovic, criticized the bloc's slow response to China's trade practices and called for reforms in international trade rules.
President Yoon: "Instead of a lottery, let's expose collusion and offer hundreds of billions in rewards for reporting"
President Yoon Suk-yeol advocates for substantial rewards to encourage the reporting of unfair trade practices like collusion in order to improve market fairness in South Korea.
Trump announces increase in global tariffs to 15%
U.S. President Donald Trump has announced an increase in global import tariffs from 10% to 15% as part of his economic strategy to rectify what he calls decades of unfair trade practices that have harmed the American economy.
Tomato, Mirco Carloni (Pres. Comm. Agriculture): "Egypt puts supply chain at risk. Question submitted to Ministers Lollobrigida and Schillaci"
Italy's tomato supply chain faces significant threats from increasing competition with Egypt, as highlighted by Mirco Carloni.
Mexico starts administrative anti-dumping procedure against cold-rolled steel
The Mexican government has initiated an administrative investigation into unfair trade practices regarding the import of cold-rolled steel from the US, Malaysia, and China.
US-China trade war truce could help break-up efforts
A potential truce in the US-China trade war may facilitate initiatives aimed at breaking up monopolistic practices.
The EU is unclear on 'Buy European' to respond to Trump and China
The EU struggles to define its 'Buy European' initiative as a response to Trump's policies and China's trade practices, emphasizing the need for European competitiveness.
On its World Day.. the Story of Hot Pepper from Spiritual Spice to Chemistry of Pleasure
The article explores the historical significance of spices, especially hot pepper, which transitioned from spiritual and medicinal uses in ancient civilizations to a key player in global trade and culinary practices.
Inspectors of the Czech Trade Inspection Authority have hit the stores. They can impose fines of up to five million crowns
Czech Trade Inspection Authority inspectors are targeting stores in Prague to ensure proper pricing practices during post-Christmas sales and discounts, with fines up to five million crowns for violations.
FTC accuses AI search engine of 'rampant consumer deception'
The Federal Trade Commission has filed a lawsuit against an AI search engine called Pearl, alleging that it engages in deceptive practices to trap consumers into unwanted recurring charges.
'Forgotten' French farmers seek justice as they mobilise for fair trade, ecology and local produce
French farmers are organizing to advocate for fair trade practices, ecological sustainability, and the promotion of local produce.