Malaysia’s furniture shipments to US put on hold for now
The United States is a crucial market for Malaysian furniture, accounting for 60% of the country’s exports.
United States
Indonesia seeks to import more US goods, avoid retaliation on tariffs
President Prabowo Subianto gave instructions to narrow Indonesia’s US$18 trillion surplus in trade with the US by importing more American products.
US top diplomat expresses desire to boost counterterrorism cooperation with Pakistani counterpart
According to the statement, Foreign Minister Ishaq Dar held the call — the first between the pair — and discussed bilateral relations, regional security and economic…
US President Trump threatens further 50% tariffs on China, stacking on earlier rate
In response to Trump's tariffs, Beijing -- Washington's major economic rival -- unveiled its own 34 percent duties on US goods to come into effect on Thursday.
Singapore stocks see biggest drop since 2008 global financial crisis as STI plunges 7.5%
Across the whole market, 612 stocks fell while 137 rose. Trading volume was very heavy, with $4.2 billion worth of shares changing hands, nearly three times February’s daily…
Slash duties, keep mum: How ‘tariff king’ India got off easier in Trump’s trade war
On April 2, when the tariffs were unveiled, Mr Trump even said he told Prime Minister Narendra Modi: “You’re a friend of mine, but you’re not treating us right.” In spite…
U.S. tariffs to deal serious blow to Asia’s emerging economies
The governments of these countries plan to ask the U.S. administration to reduce the tariffs, but it remains unknown how the U.S. will respond. Under such circumstances, companies…
Japan PM Ishiba to directly appeal to US President Trump about Japan’s economic contributions to resolve tariff issue
The government is making elaborate preparations to ensure that the appeal will resonate with Trump in a meeting over the phone, which is seen as harder to secure a sufficient…
Philippines seen to weather US tariff shocks
Analysts note that the Philippine economy is still driven by domestic consumption.
Trump administration sued over Chinese import tariffs
The lawsuit, filed by the New Civil Liberties Alliance, a conservative legal group, in a federal court in Florida, alleges that Mr. Trump lacked the legal authority to impose the…