Preliminary stats from Japan's Cabinet Office on Nov 17 show Japan's Q3 2025 real GDP fell 1.8% annually (0.4% q/q), negative growth since Q1 2024. US tariffs hit exports (down 1.2% q/q), dragging foreign demand contribution to -0.2pp. Domestic demand contribution was also -0.2pp (residential investment down 9.4%). Japan cut 2025 fiscal year growth forecast to 0.7% from 1.2% due to US tariffs and price hikes.

US ITC’s 337 investigation (337-TA-1430) on urine splash guards/components involves Chinese defendants; rulings include infringement findings, proposed exclusion/prohibition orders, and case terminations via settlement; public comments solicited by Dec 12, 2025, covering dates from Dec 2024 to Nov 2025.

On November 17, 2025, adeia-related companies filed an application with USITC under Section 337, claiming certain semiconductor devices and related products violated Section 337, with AMD, Lenovo and other entities as defendants.

On November 17, 2025, the U.S. ITC issued a final ruling on 337-TA-1452 (certain ink cartridges/components II): not reviewing the September 15 preliminary ruling. Initiated by Epson (U.S./Japan) in May 2025 over patent infringement, the case involves Chinese/Hong Kong/US defendants.

Hungarian FM Szijjardo Peter announced on Nov 16 that visa facilitation for Chinese business people will be extended one year, responding to China's extension of visa-free policy for Hungary until Dec 31, 2026, to boost bilateral economic, educational and tourism exchanges.

On Nov 14, US President Trump signed an order exempting over 200 products (including agricultural goods) from "equivalent tariffs" starting Nov 13. Driven by rising consumer prices and election results, the move eases cost pressures but faces Democratic criticism and Supreme Court review. The US Chamber of Commerce welcomed it.

On Nov 12, 2025, India’s Ministry of Commerce and Industry issued a final positive ruling on the first anti-dumping sunset review of TDI (80:20 isomer ratio) from EU and Saudi Arabia, recommending 5-year continued anti-dumping duties (specific rates for producers). The case covers customs code 29291020; background includes 2020 investigation initiation, 2021 final ruling, and 2024 sunset review initiation.

On Nov 12, 2025, India’s Revenue Dept issued Notice 32/2025 Customs (ADD), accepting the Aug 13, 2025 positive anti-dumping final ruling on Vietnam-origin alloy/non-alloy hot-rolled steel plates (thickness ≤25mm, width ≤2100mm, excluding stainless steel, under codes 7208-7226). It imposes 5-year duties: 0 for Hoa Phat Dung Quat Steel JSC, 121.55 USD/ton for others, effective on gazette publication. The probe started in Aug 2024 via ISA’s application.

US tariff policies are impacting European high-end manufacturing (luxury goods, cars, watches), with companies like LVMH, Gucci, Porsche and Swatch seeing revenue/profit drops. US consumer confidence is suppressed, and the industry faces growing uncertainty.

The German Economic Expert Committee (Five Wise Men) lowered 2026 Germany GDP growth forecast to 0.9% (from spring's 1.0% and govt's 1.3%), citing global changes, domestic adjustments etc. It calls for efficient use of 500B euro SVIK fund, with inheritance tax reform disputes.

On November 9, 2025, Peru issued a positive final ruling on the third sunset review of anti-dumping on US-origin biodiesel (including B100 and blends over 50% biodiesel), deciding to maintain current anti-dumping duties. The measures take effect June 26, 2025 for five years. Peru first initiated the investigation in 2009, with two prior sunset reviews (2016, 2020) and the third initiated in Feb 2025. The product's tax number is 3826.00.00.00.

On November 10, 2025, Mexico's Ministry of Economy issued a final negative anti-dumping review ruling on I-shaped/H-shaped steel beams (vigas de acero tipo I y H) from Spanish company AMOB, deciding not to impose anti-dumping duties. The measures take effect the day after announcement. Involved TIGIE tax numbers: 7216.32.99, 7216.33.01. Background includes prior investigations (2021 initiation, 2023 positive ruling, 2024 review initiation, 2025 preliminary ruling).

On Nov 10, 2025, Mexico's Ministry of Economy issued a final negative anti-dumping period review ruling on Spanish AMOB's I/H steel beams, deciding no anti-dumping duties. Involved TIGIE tax numbers: 7216.32.99, 7216.33.01. Measures take effect the next day.

On November 11, 2025, the Eurasian Economic Commission initiated anti-dumping investigations on new inflatable rubber tires (rim diameter 17.5-24.5 inches for trucks/buses etc.) originating from Thailand and Vietnam, per its announcement and order.

At the 8th CIIE in Shanghai, WTO Deputy DG Johanna Hill notes the global trading system expands under pressure, shows resilience, and proposes 3 WTO reform principles. WTO forecasts 2024 goods trade growth 2.4%. China’s decision to not seek new WTO special and differential treatment is praised.

On Nov 7, 2025, India's Revenue Department issued Notice No.31/2025 Customs (ADD) accepting the 3rd anti-dumping sunset review final ruling by its Commerce Ministry on Aug 8, 2025, to continue 5-year anti-dumping duties on linen fabrics (≥50% flax content) from China (mainland) and Hong Kong SAR (USD2.36/m for mainland, USD1.14/m for HK, customs code 5309), effective from gazette publication. It also reviews the case history since 2008.

On November 9, 2025, Peru's CDBINDECOPI issued Announcement No.199-2025, terminating temporary anti-dumping duties on Chinese 5.5-16mm non-alloy steel wire rods starting November 10, 2025. Peru initiated the investigation in Jan 2025, made a preliminary ruling in July 2025, and now ends the measure.

On October 30, 2025, Argentina's Ministry of Economy issued Announcement No.1680, making a negative final ruling on the sunset review and change of circumstances review of anti-dumping measures on Chinese-origin PVC profiles (tax number 3916.20.00) for doors/windows/partitions, deciding not to continue the measures, effective from publication.

On November 7, 2025, the European Commission initiated a countervailing investigation into China-origin lightweight thermal paper, responding to the European Thermal Paper Association's September 24, 2025 application, involving specific EU CN/TARIC codes, with subsidy investigation period Oct 1, 2024 - Sep 30, 2025 and damage investigation period Jan 1, 2022 - end of subsidy period.

On Nov 6, 2025, India's Commerce Ministry issued a positive final ruling on the first anti-dumping sunset review of Malaysian 4-12mm clear float glass (customs code 7005), recommending 5-year anti-dumping duties with min prices $366/ton (Kibing Group) and $374/ton (others). It also recaps previous related rulings and the 2025 review initiation.