On December 15th local time in New York, the 80th UN General Assembly approved the United Nations Convention on Negotiable Documents, authorizing Ghana to hold a 2026 signing ceremony. Proposed by China in 2019, the convention addresses cross-border transport documents' property rights, supports financing, eases enterprise pressure, and boosts global trade.

On Dec 12, 2025, Vietnam's Trade Defense Bureau plans to initiate an interim review of the anti-dumping case on Chinese tables, chairs and accessories; stakeholders submit applications by Jan 11, 2026. Previous 2023 final ruling imposed duties on Chinese products, terminated Malaysia's investigation.

On Dec 15, 2025, Mexican Ministry of Economy announced initiating anti-dumping investigation into US-origin pig legs/shoulders (pierna y espaldilla de cerdo). Dumping period: 2024; injury period: 2022-2024. Involved products: pork legs/shoulders (boned/boneless, fresh/refrigerated/frozen) with TIGIE tax numbers 0203.12.01 etc. Effective next day.

The IMF released an India economic assessment showing strong performance but short-term risks. It notes 6.5% FY2024-25 growth, 7.8% Q1 FY2025-26 GDP growth, falling inflation, and strengthened financial resilience. GST reform boosts potential growth, with key risks including geo-economic fragmentation and climate change.

On November 28, 2025, South Korea issued Announcement No. 2025-46 imposing temporary anti-dumping duties on Thai fiberboard (≤5mm) with rates 11.92% (Panel Plus) and 19.43% (others), valid until March 27, 2026; initiated investigation on May 7, 2025.

EU plans to officially impose CBAM (carbon tariffs) on Jan 1, 2026, expanding scope from upstream raw materials to downstream products. Aimed at addressing carbon leakage, it may impact global trade, exacerbate trade protectionism risks, and affect developing countries. Developed and developing nations should cooperate under common but differentiated responsibilities.

Data from the US Department of Commerce shows the US September goods and services trade deficit was $52.8 billion, down 10.96% from August's revised $59.3 billion; exports rose 3% to $289.3 billion, imports up 0.6% to $342.1 billion; first three quarters deficit up 17.2% year-on-year to $112.6 billion.

On December 5, 2025, South Korea imposed anti-dumping duties on Thai particle boards (excluding surface coated ones) with different rates for various producers, valid for 5 years. The case involved prior investigations and rulings from 2024 to 2025.

UNCTAD's Dec 9, 2025 report states global trade will grow in H2 2025, exceeding $35T annually. Q3 2025 trade rose 2.5%, with East Asia and South-South trade strong. "Friendly/nearshore outsourcing" trends strengthen, reshaping patterns. 2026 growth to slow due to economic, debt, trade cost factors.

On Dec 5, 2025, Argentina's Ministry of Economy issued Announcement No.1944, initiating anti-dumping sunset review and situation change investigation on non-embedded household electric ovens (18-60L) from China (tax number 8516.60.00) applied by CAFAVEP, Axel SA & Visuar SA. Dumping period: Oct 2024-Sep 2025; injury period: Jan 2022-Sep 2025. No anti-dumping duties temporarily. Stakeholders submit questionnaires within 30 days.

US government's tariff policy on Chinese container cranes disrupts its port modernization; operators delay upgrades due to tariff risks, high alternative costs, and US lack of domestic crane manufacturing.

On December 2, 2025, WTO Committee on Safeguards released Indonesia's safeguard notification for specific LLDPE imports. Indonesia made a positive final ruling, recommending three-stage safeguard taxes. It covers LLDPE with specific gravity <0.94 (non-liquid/paste/powder), involving tax codes ex3901.10.92 and ex3901.40.00. The investigation period is July 2021-June 2024, with prior investigation and scope expansion noted.