News
President calls films ‘national security threat’ and claims he called on commerce department to immediately enact tariff
MoreUS President Donald Trump suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher US import duties.
MoreVietnam faces more challenges than opportunities because of U.S. tariffs but will still aim to meet its target of at least 8% growth this year, the Prime Minister said on Monday, ahead of the start of trade talks with Washington later this week. The Southeast Asian economy, which is heavily reliant on exports for growth, is facing a 46% tariff if a reduction cannot be negotiated before a U.S. moratorium expires in July.
MoreU.S. President Donald Trump on Sunday said the U.S. was meeting with many countries, including China, on trade deals, and his main priority with China was to secure a fair trade deal.
MoreTemu and Shein have significantly cut US digital ad spending across Google, Meta, TikTok and YouTube.
MoreGoods worth less than $800 will be subject to 120% levy meaning prices on Chinese exports will probably increase.
MoreSingapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime Minister Gan Kim Yong.
MoreU.S. President Donald Trump asserted in an interview published on Friday that tariff negotiations were under way with China, but Beijing denied any talks were taking place, the latest in a series of conflicting signals over what progress was being made to de-escalate a trade war threatening to sap global growth.
MorePresident Donald Trump said high tariffs could be here to stay and he’d declare “total victory” if import taxes were as high as 50% a year from now, according to an interview with Time released Friday.
MoreAsian economies geared for exports and facing some of the highest US “reciprocal” tariffs are leading the way over their western counterparts in trade negotiations with the Trump administration.
More