Japan’s exports log biggest drop in 4 years as US tariff impacts intensify
Total exports from the world’s fourth-largest economy dropped 2.6% year-on-year in July in value terms, the biggest monthly drop since February 2021, when exports fell 4.5%.
South Korean tycoons to join President Lee for summit with US counterpart Trump
The Aug. 24-26 trip will feature four chaebol heads from Samsung Electronics, SK Group, Hyundai Motor Group, and LG Group, along with executives from leading shipbuilding,…
US embeds trackers in AI chip shipments to catch diversions to China, sources say
The measures aim to detect artificial intelligence (AI) chips being diverted to destinations that are under US export restrictions, and apply only to select shipments under…
India, Singapore ministers discuss deeper tie-ups in digitalisation, skills, industrial parks
Singaporean firms, aided by government discussions, are expanding into semiconductor manufacturing in India, while Singapore supports India’s upskilling through skills centres.
U.S. auto tariff on Japan could be lowered to 15% in mid-September, U.S. source says
Washington and Tokyo agreed on July 22 to lower the tariff on cars and auto parts imported from Japan from the current 27.5% to 15%. However, this tariff cut is not stated in U.S.…
China, US reach deal to extend tariff suspension
Market watchers and exporters said the move will help address trade frictions through dialogue and ease anxieties of businesses.
US President Trump signs order extending China tariff truce by 90 days, White House says
Mr Trump signed an executive order delaying the start of higher tariffs until mid-November shortly after giving reporters a noncommittal answer when asked at a news conference if…
Vietnam-Indonesia target $18 billion trade by 2028 with food security push
With a combined market of over 370 million consumers, Vietnam and Indonesia leverage agricultural strengths: Vietnam leads in rice exports, while Indonesia dominates palm oil and…
Vietnam, South Korea stitch strategic ties for smarter trade future
New approach aims to elevate economic ties to a higher level, aligning with the two countries’ needs and interests in the current context, and to help achieve the target of…
India imposes immediate ban on jute product imports from Bangladesh via land ports
The move came a little more than two months after India restricted the imports of a range of jute products and woven fabrics from Bangladesh via land ports, allowing them only…