The United Nations released the "World Economic Situation and Prospects for 2026" report on January 8th, predicting 2.7% global economic growth in 2026, slightly lower than 2025's estimated value.

On Dec 24, 2025, Brazil’s Foreign Trade Secretariat issued Announcement No.99/2025, initiating a second anti-dumping sunset review on polypropylene resin from South Africa and India (tax codes 3902.10.20, 3902.30.00). Stakeholders submit responses via SEI within 30 days of questionnaire receipt; hearing applications within 5 months of initiation. Past related rulings are noted.

On January 6, 2026, the US Department of Commerce launched anti-dumping and countervailing investigations into fresh mushrooms from Canada (US Customs code 0709.51.0100). ITC will make an initial injury determination by Feb 2, 2026, with preliminary rulings expected on Feb 18 (anti-subsidy) and May 4 (anti-dumping) 2026. 2024 imports were ~$350M.

On December 30, 2025, the U.S. Department of Commerce launched anti-dumping investigations against chromium trioxide from India and Türkiye, and a countervailing investigation against that from India, involving US Customs code 2819.10.0000.

South Korean President Lee Jae myung began his China state visit on Jan 4, with growing expectations for bilateral cooperation in economy, trade, and emerging industries. A 200-enterprise economic delegation was formed, focusing on AI and manufacturing. The two countries have a competition-complementarity structure, and related South Korean stock market sectors rose.

US President Trump warned India on Jan 4 that if it doesn't restrict Russian oil purchases, the US may increase tariffs on Indian products. In Aug 2025, the US imposed punitive tariffs on Indian Russian oil imports (raising overall rate to 50%). India says its policy safeguards domestic consumers; the two countries are negotiating the issue.

Several European financial institutions expect China's economy to maintain stable growth in 2026, supported by macro policies, technology drivers, domestic demand and industrial upgrading, demonstrating strong resilience; foreign capital focus shifts to China's high-tech and domestic market.

South Korean President Lee Jae-myung started a state visit to China on Jan 4. Sectors in South Korea expect stronger economic, trade and emerging industry cooperation. A 200-enterprise economic delegation was formed, and the capital market reacted positively. Reports note their competition-complementarity structure, with Korean businesses learning from China's tech progress.

Turkiye's Ministry of Trade issued Announcement 2025/45 on Dec 31,2025, initiating the second sunset review anti-dumping investigation on polyester synthetic filament yarn (tax no.5402.47) from China, India, Malaysia. Stakeholders submit materials within 37 days; past related actions are noted.

On January 2, 2026, the US Department of Commerce initiated the second anti-dumping and countervailing sunset review investigation on Chinese passenger vehicle and light truck tire imports, while the USITC launched a corresponding industry injury investigation. Stakeholders have specific response deadlines.

Turkish President Erdogan stated Turkey's 2025 goods exports hit a record $273.4b (up 4.5%), total goods/services exports expected $396.5b. Automotive industry is strong (1.5m vehicles, $41b exports; 4th in Europe, 12th globally). Defense exports rose from $248m (2002) to $9.87b (2025). 2026 target is $410b.

The China Council for the Promotion of International Trade released the October Global Economic and Trade Friction Index. US and India rank top in the index, with electronics, pharmaceuticals etc. as key friction points. China-related index is 102, US has the highest China-related index.

In 2025, the US implements conservative economic and trade protectionist policies, with complex trends (low-to-high growth, easing inflation, cooling employment). 2026 forecast relies on AI and consumption but faces risks like debt, inflation, and geopolitical frictions.

The US imposed an economic strangulation (oil blockade) on Venezuela after failed military pressure, aiming to cut its main revenue and push regime change, exposing resource imperialism. Venezuela resists, with the US facing domestic political and industry constraints.

On December 23, 2025, the US Department of Commerce issued final anti-dumping (86.45%-126.14%, adjusted 60.76%-100.45%) and anti-subsidy (172.08%) rulings on Indian overhead door torsion springs, involving customs codes 7320.5020 etc. It also noted prior investigations and preliminary rulings on China and India's products.

Indonesian Minister Elronga stated on Dec 22 that US-Indonesia reached consensus on bilateral trade agreement substantive issues, to be signed by end Jan 2026. US grants tariff exemptions on Indonesian palm oil/tea/coffee in exchange for key minerals; no poison pill clause included.

The US announced tariffs on Chinese mature process chips starting in 2027 (0% currently), ending a year-long 301 investigation. It aims to ease Sino-US trade tensions and consolidate a ceasefire, while China opposes the move and warns of countermeasures.

On Dec 19, 2025, the European Commission issued a final anti-dumping ruling on Chinese-origin choline chloride, setting duties (115.9%, 90.0% etc.) for specific enterprises. It notes involved product codes, investigation periods, effective date (day after announcement), and prior steps (Oct 31, 2024 launch, Jun 30, 2025 preliminary ruling).

On Dec 24, 2025, India's Revenue Department issued Notice 37/2025 Customs (ADD), accepting the positive final anti-dumping ruling on Vietnamese Calcium Carbonate Filler Masterbatches (HS code 38249900) and imposing 5-year anti-dumping duties (0-75 USD/ton). The investigation started in Sep 2024, with final ruling on Sep 27, 2025.

US third-quarter 2025 GDP grew 4.3% year-on-year (higher than Q2's 3.8%), driven by consumer spending, exports and government spending. First quarter had negative growth, Q4 expected to slow, 2025 full-year growth predicted at 2% or lower.