Experts warn of tougher US tariffs targeting China
China has responded with targeted tariffs on $18 billion worth of US goods, focusing on sectors such as automobiles, agriculture and energy, which are critical to Mr. Trump's…
Trade
Tackle ‘reciprocal’ tariffs: The Korea Herald
There is no doubt that South Korea is an easy target for the Trump administration. Last year, the country logged a trade surplus of $55.7 billion with the US, a figure that will…
U.S. tariffs on imported cars could affect entire Japanese economy
Toyota sold about 10.15 million vehicles worldwide last year. About 2.33 million vehicles, or over 20%, were sold in the United States, including about 530,000 exported from Japan.
Philippines becomes Cambodia’s latest Double Taxation Agreement partner
Cambodian has signed DTAs with a total of 13 partners, 11 of which are already in effect. These include Thailand, Singapore, Brunei, China, Vietnam, Malaysia, Indonesia, South…
US President Trump’s steel tariff plan indicates tough negotiations; costlier steel likely detrimental to all
During the summit meeting between PM Ishiba and President Trump in Washington last week, the Japanese side successfully avoided any mention of raising tariffs on Japan. The…
Dealing with US President Trump: The Statesman
As India prepares to cut tariffs ahead of a crucial meeting between Prime Minister Narendra Modi and US President Donald Trump, the move signals a calculated attempt to maintain…
China calls on US to restore fair multilateral trade
The Ministry of Commerce's comments follow US President Donald Trump's recent announcement to impose a 25 percent import tax on all steel and aluminium shipments entering the…
Laos not supplying power to illicit call centres in Myanmar, says state electrical enterprise
The state enterprise reiterated that the power is supplied only to public users, including residents, small businesses, government buildings, and essential social services such as…
Amid global trade upheaval, Jakarta sticks to China+1 strategy
The government continues to pitch Indonesia as an alternative manufacturing location while China is under pressure from US sanctions, but experts doubt that strategy still works.
India, Thailand to face economic challenges amid Trump’s trade war
Both countries impose higher tariffs on US goods compared to the tariffs the US imposes on imports from these two countries.