Recent reports state India's India-US framework trade agreement is in final stage, with resumed Canada talks (target $50B by 2030) and ongoing negotiations (EU, NZ, etc.) to build a strong trade network amid weaponized trade relations.

On Nov 27, 2025, Dominican Commission issued Announcement No. CDC-RD-AD-008-2025 to initiate anti-dumping investigation on Costa Rica-origin threaded steel at METALDOM S.A.'s request. Investigation periods are specified, involving tax codes 7214.10.00 & 7214.20.00, effective from publication.

The European Central Bank's November 26 report points out eurozone financial stability vulnerability remains high due to trade policy uncertainty, US risk spillovers, etc., highlighting three core risks and emphasizing the need to enhance financial system resilience.

The Federal Reserve released the Beige Book on Nov 26, showing US consumer spending further declined, tariffs pressured manufacturing/retail costs, labor demand was weak, and the federal shutdown affected consumption. It's a key reference for the Fed's Dec 9-10 monetary policy meeting.

On November 26, 2025, the US ITC ruled positively in its first anti-dumping and countervailing sunset review of Chinese ceramic tiles, keeping current measures as lifting them may cause continued/recurring substantial damage to the US domestic industry.

On Nov 21, Japan approved a 2.13 trillion yen economic stimulus plan amid negative GDP growth, surging CPI, yen depreciation, and high debt. Analysts warn the plan may harm the economy instead of helping, citing inflation and fiscal risks.

The 7th EU-AU Summit (Angola, Nov24-25) focused on economic/security ties and Ukraine talks. EU’s Africa strategy links to Russia-Ukraine conflict (resource access, migration). Key initiatives: Global Gateway, Lobito Corridor, CBAM. Africa demands credible commitments amid EU’s strategic utilitarianism.

Bloomberg reported China will become Latin America's largest growth market by 2025. ECLAC forecasts the region's goods exports to China up 7% this year (driven by meat, soybeans, copper) and imports up 13%. China is the region's second largest trading partner, with some countries' trade with China exceeding that with the US.

US President Trump signed an executive order on November 24 to launch the "Genesis Mission", an AI platform integrating US resources to accelerate scientific discoveries, comparable to the Manhattan Project, aiming to boost national security, productivity and US tech leadership.

The Trump administration's tariff policies bring uncertainties to the US economy. Post-government shutdown, delayed data shows a cooling job market (rising unemployment, revised non-farm jobs), lower consumer confidence, and downward GDP growth forecasts.

EU and US trade officials met in Brussels on Nov 24: EU urges US to lower 50% steel/aluminum tariffs; US demands EU relax digital regulations. Talks face obstacles; EU has made concessions like energy purchases and increased investment in US.

On Nov 21, 2025, Brazil's Foreign Trade Secretariat issued Announcement No.91/2025, initiating anti-dumping investigation on food grade phosphoric acid (55%-105% concentration, H3PO4) from China, Morocco, Mexico (tax number 2809.20.11). Dumping period: Apr2024-Mar2025; injury period: Apr2020-Mar2025. Stakeholders submit questionnaire responses via SEI within 30 days, apply for hearing within 5 months. Contact: Phone +55 61 2027-7770; Email acidofosforico@mdic.gov.br.

On November 24, 2025, the US ITC initiated 337-TA-1462 investigation on certain LCD devices/components/products, following an August 29, 2025 application by BH Innovations LLC etc. claiming infringement of US patents 7705948 and 7570334. Defendants include HKC, Hisense, TCL, LG, Westinghouse etc. The ITC will set the end date within 45 days of filing.

On November 24, 2025, the US ITC initiated 337 investigation (337-TA-1463) into certain microcurrent facial toning devices. Plaintiffs ZIIP Inc. and The Beauty Tech Group Ltd. accused defendant NuFace (Carol Cole Co.) of patent infringement, requesting exclusion order and injunction. ITC will set investigation end date within 45 days of filing.

On November 24, the Munich Institute for Economic Research released data showing Germany's November business climate index fell to 88.1 from 88.4 after seasonal adjustment. Except for the service industry, manufacturing, construction and trade indicators decreased. Factors like reduced manufacturing orders, weak Christmas retail sales, delayed fiscal measures, US tariffs and euro strength pressured the economy, with doubts on short-term recovery.

During the G20 Johannesburg summit, Indian PM Modi and Canadian PM Carney restarted stalled CEPA trade talks on Nov 23, targeting $50 billion bilateral trade by 2030. They agreed to expand civil nuclear cooperation. Carney will visit India in early 2026. Relations warm after 2023 disputes (Trudeau's assassination accusation, diplomat expulsions), with Canada promoting non-US trade ties.

On Nov 21, 2025, Mexico's Ministry of Economy initiated an anti-dumping review on Chinese-origin metal film plastic balloons (globos de plástico metalizado) at Convertidora Industrial's request, to check if current anti-dumping duties need adjustment. Involved TIGIE tax numbers: 9503.00.23, 9505.90.99. Investigation period: Apr 1,2024-Mar31,2025. Current duties remain effective. Previous measures: 2018 $37.8/kg duty, 2024 adjusted to 161% (valid 5 years from Jun 8,2023).

On Nov 18, 2025, the European Commission made an initial anti-dumping ruling on Chinese phosphorous acid, imposing a 122.8% temporary duty. It covers product codes, investigation periods, hearing requirements, and takes effect the next day. The probe was launched on March 19, 2025.

The European Commission's 2025 Autumn Economic Outlook reports EU economy shows moderate growth in 2025-2026, driven by early export surge amid US tariff concerns; notes fragile growth, challenges like US trade policy, geopolitics, fiscal pressure; calls for policy reforms to enhance competitiveness and long-term sustainability.

The 20th G20 Leaders' Summit (Nov 22-23, Johannesburg) is the first in Africa, themed "Unity, Equality, Sustainability". It highlights the "African Moment"—Africa's growing global governance representation (backed by China's AU support). The summit focuses on Africa's priorities (disaster response, debt, energy transition, minerals) and the global South's push for fairer governance reform, multilateralism, and common development.