The US Senate has passed legislation authorizing tariffs of up to 100% on goods from the five largest buyers of Russian oil and natural gas. China and India are among the countries potentially exposed, but the measure must still clear the House before reaching the president.
Hartmann Packaging has proposed production, pricing and customer-contract commitments to address Romanian competition concerns over its planned acquisition of Dentaș Romania. The remedies include dedicating four production lines to exports for two years and limiting domestic price increases.
India maintained petrol, diesel and LPG supplies during tensions around the Strait of Hormuz, Petroleum Minister Hardeep Singh Puri said. The country now buys 67% of its gas from the United States and sources crude oil from 41 countries.
Russia produced 624.9 million decalitres of alcoholic beverages in January-July 2026, down 2.4% year on year. Grape wine output fell 11.3% and vodka production declined 4.6%, while cider and liqueur-based spirits recorded growth.
Canadian dairy farmers are warning Ottawa against concessions on supply management as trade talks with the United States intensify. The system limits dairy, egg and poultry imports through tariffs generally ranging from 200% to 300%, while supporters argue that it stabilizes farm income and domestic production.
Brazil’s reduced-tariff sugar allocation in the US market is set to fall from 155,993 tonnes to 100,000 tonnes. US Deputy Agriculture Secretary Stephen Vaden said the removed volume could be restored if Brasília presents trade proposals acceptable to Washington.
Vietnamese wood processors are treating the domestic market as a second growth pillar alongside exports worth about $17 billion-$17.3 billion. Industry representatives estimate local wood and furniture sales at roughly $5 billion, with some studies projecting more than $7.3 billion by 2030.
Wholesale sugar prices in Gorakhpur reached Rs51-52 per kg after the government introduced a stock limit effective from August 1 through November. Dealers may hold no more than 4,000 quintals, but local traders have yet to see the measure restrain prices.
Russian corn shipments to Turkey increased by nearly 20% year on year in June, reaching their highest level in two years, PRIME reported. Russian wheat and barley deliveries to the Turkish market roughly doubled.
El Salvador expanded red bean purchases from Ethiopia and Argentina after climate pressures and high input costs reduced domestic output. Ethiopian shipments reached 2.4 million kilograms worth $2.2 million in January-June 2026, helping push bean prices below their historical average.
Russia exported about 23,000 tonnes of coffee extracts and essences worth more than $155 million in the first half of 2026. Shipments rose 13% by volume and 23% by value year on year, setting a first-half record.
Heat, drought and wildfires are damaging olive-growing areas in Spain, Greece, Italy and Portugal after olive oil prices had begun to ease. The European Commission expects EU output to fall 5% in 2025/26, led by an 18% decline in Greece.
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