Trump-Xi Summit Eases Tensions with New Trade Deal
BUSAN, South Korea – In a landmark gathering on Thursday at Gimhae Air Base in Busan, South Korea, U.S. President Donald Trump and Chinese President Xi Jinping announced a sweeping, if provisional, agreement intended to de-escalate the fraught economic relationship … Continue reading Trump-Xi Summit Eases Tensions with New Trade Deal
U.S. and South Korea Seal New Trade Deal
GYEONGJU, South Korea – The United States and South Korea have reached a sweeping trade agreement that will lower tariffs and deepen bilateral investment, officials from both nations confirmed on Wednesday. The accord, announced following nearly two hours of talks between … Continue reading U.S. and South Korea Seal New Trade Deal
Thailand Post Suspends US-Bound Shipments
BANGKOK – Thailand Post has officially temporarily suspended all international parcel services to the United States, following a sudden shift in U.S. trade policy striking low-value shipment exemptions. The announcement, signed by Acting President Thapanee Amarinrat on August 21, confirmed … Continue reading Thailand Post Suspends US-Bound Shipments
ASEAN countries Face Higher Duties than neighbors
HANOI/JAKARTA/MANILA/KUALA LUMPUR – The recent conclusion of tariff negotiations between the United States and several Asian countries has revealed a stark disparity: while South Korea and Japan secured a reduced 15% import tariff into the U.S., ASEAN countries such as … Continue reading ASEAN countries Face Higher Duties than neighbors
Trump and South Korea Seal Tariff Deal: 15 percent
WASHINGTON/SEOUL — The United States and South Korea have reached a high-stakes trade agreement that defuses a potential tariff escalation and opens the door to significant South Korean investments in the U.S. economy. The deal, announced by former U.S. President … Continue reading Trump and South Korea Seal Tariff Deal: 15 percent