Foreign trade industry news-August 22

August 21, 2025

USD/CNY exchange rate: 7.1764

① Cumulative import and export growth has rebounded month by month this year. The Ministry of Commerce stated that the upward and new momentum of foreign trade has been further consolidated.

② The expansion of US steel and aluminum tariffs has impacted $320 billion in imports, with unexpected categories such as baby strollers subject to a 50% tax.

③ Tariff policies have caused import costs to soar, and Home Depot, the largest US home improvement retailer, announced price increases.

④ The US issued a preliminary anti-subsidy ruling on fiberglass door panels.

⑤ Australia revised its fumigation certification program.

⑥ Nepal revised its vehicle import standards, explicitly prohibiting the import of vehicles that do not meet the newly issued emission standards.

⑦ India extended anti-dumping duties on Chinese-made fluororubber until February 2026.

⑧ South Korea announced key inspection projects for imported food in the second half of 2025.

⑨ South Korea's exports showed resilience in early August, growing by 7.6% despite US tariff pressure.

⑩ Vietnam's electric motorcycle sales soared 99.2% in the first half of the year, ranking third globally.


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