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Asian Development Bank: EU's plan to impose tariffs on high-carbon imports may impact developing nations in Asia, but will do little to cut GHG emissions; move could prompt EU manufacturers to offshore production, leading to new carbon leakage issues

Indian steel manufacturers fear potential crisis due to Red Sea conflict, which threatens their export business, with crisis and India's export duties reducing exports; situation forcing companies to adopt alternative transportation routes

Small US paper bag suppliers, via Alliance for Responsible Trade in Paper Bags, opposes trade petition from group led by Novolex requesting for antidumping and countervailing duties to be imposed on imported shopping bags from nine different countries

North American lumber prices remain flat amid muted sales as potential buyers remain cautious despite 'reasonably good inquiry' at sawmills, expected construction activity increase; US to implement 13.86% duty rate on Canadian softwood imports

US ITC decides to proceed with set of antidumping and countervailing duty investigations into wine bottles imported from China, Mexico and Chile; probes requested by a coalition including Ardagh Glass and United Steelworkers, according to ITC statement

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