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The U.S. Trade Representative’s Office (USTR) announced on May 12 local time that the tariff exemption for 81 Chinese imported medical protection products is about to expire, providing an additional 16-day transition period, and extending the validity until May 31, 2023.

China-Australia economic and trade relations have received positive signals, China's Ministry of Commerce Minister Wang Ventao and Australia's Trade Minister Farel jointly chaired the 16th China-Australia Ministerial Economic Joint Committee on May 12.

The decline in industrial production data in Germany in March far exceeded market expectations, raising market concerns about further deterioration of the German economy. The German Federal Bureau of Statistics released data on Monday showed that the decline in industrial production in Germany in March was 3.4% and 1.3% more severe than analysts expected. Among them, poor performance in the automotive industry was one of the reasons for the decline in the automotive and automotive parts manufacturing output in March.

Last Friday, South African Rand depreciated the exchange rate for the US dollar by 1.8% in the plate, closing the Times 19.32 Rand for the US $ 1, reaching a record low. Foreign trade companies that have had recent trade with South Africa should keep an eye on the country's exchange rate fluctuations, and stay in touch with customers and beware of exchange risks.

China and the relevant departments of the two countries officially signed the Free Trade Agreement via video on May 11, which is the first free trade agreement signed by Ecuador and Asian countries. It is that the China-Ecuador Free Trade Agreement includes a preamble and 17 chapters, through which the agreement, the two sides will a high level of mutual openness and promote China-Ecuador economic and trade cooperation in all aspects.

The Argentine Secretariat for Agriculture, Livestock and Fisheries and the Secretariat for Health Quality issued a number of resolutions on 20-21 April 2023, aimed at regulating food production operations, preventing food safety accidents and ensuring food safety.