International Business and TradePolicy

U.S. Leads Opposition to International Shipping Emissions Fee, Stalling Global Climate Measure

The United States has successfully blocked a proposed global fee on shipping emissions during international maritime negotiations. President Donald Trump threatened retaliation against supporting nations, calling the measure a “global green new scam tax” in social media posts ahead of the vote.

International Shipping Emissions Fee Blocked at IMO Meeting

The United States has reportedly succeeded in blocking a proposed global fee on shipping emissions during international negotiations, according to sources familiar with the proceedings. The International Maritime Organization meeting concluded Friday without adopting new regulations that would have moved the shipping industry away from fossil fuels.

International Business and TradePolicy

China Proposes Renewed Diplomatic Engagement With Canada in High-Level Talks

Chinese officials have indicated readiness to resume multi-level diplomatic exchanges with Canada during high-level meetings in Beijing. The discussions reportedly focused on enhancing communication and addressing bilateral concerns through renewed cooperation frameworks.

Diplomatic Thaw Emerges in China-Canada Relations

Chinese Foreign Minister Wang Yi has expressed China’s willingness to restart comprehensive dialogue with Canada across all governmental levels, according to reports from Friday’s high-level meeting in Beijing. The diplomatic overture comes as both nations seek to address longstanding concerns and rebuild mutual trust through enhanced communication channels.